Economic Development

WAMIC to host 100th convention

The Wisconsin Association of Mutual Insurance Companies will host its 100th annual convention from Sunday, September 8 to Tuesday, September 10 at the Country Springs Hotel in Pewaukee.

M&A activity flat in first half

National mergers and acquisitions activity was mostly flat in the Americas for the first half of the year, according to a report from Mergermarket and Merrill DataSite.

Waterstone Mortgage approved for Ginnie Mae

Pewaukee-based Waterstone Mortgage Corp. has been approved as a Ginnie Mae issuer for the Ginnie Mae I and II single-family mortgage-backed securities program.

Nordco acquired by NY private equity firm

Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.

Sachdeva settlement boosts Koss

Milwaukee-based headphone manufacturer Koss Corp. reported fourth quarter net income of $4.6 million, or 62 cents per share, up from $931,891, or 13 cents per share, in the fourth quarter of 2012.

Strattec Q4 profits are flat

Milwaukee-based Strattec Security Corp. reported fourth flat fourth quarter profits, and a slight dip in profits for the full fiscal year.
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Roundy’s Q2 results sag

Milwaukee-based grocer Roundy's Inc. reported that its second quarter net income fell 28.6 percent to $13.5 million, or 30 cents per diluted share, and that its net sales dipped 1.7 percent to $980.3 million, compared to the second quarter of 2012.

Money events

The Wisconsin Association of Financial Professionals will host its 25th Annual Conference on Tuesday, Sept. 10 from 8:15 a.m....

New hires and promotions

Matthew Dolsky has joined Ridgestone Bank’s Brookfield office as AVP-commercial lending. He will be responsible for government guaranteed lending...

‘Divide and Conquer’ politics stagnates Milwaukee’s economy, shuts out black males

I just get amazed when we as politicians get tough on crime, but are soft on economics.

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