Economic Development

Median asking price drops

The median asking price for Milwaukee companies listed on BizBuySell.com dropped to $259,500 in the second quarter, down 5.6 percent from a year ago.

National unemployment claims fall to 4-year low

The number of Americans filing new claims for unemployment benefits last week fell sharply to their lowest level in four years, according to a new report released today by the U.S. Department of Labor.

Unemployment claims spike in Wisconsin

The number of people filing first-time claims for unemployment benefits in Wisconsin last week spiked nearly 47 percent from the prior week, according to the latest estimate released today by the Wisconsin Department of Workforce Development.

Agency rates top-ranked Milwaukee investment advisors

BrightScope, a provider of independent financial information and investment research, unveiled its 2012 list of the top 25 Registered Investment Advisor (RIA) firms in the Milwaukee area.

Marsh subsidiary acquires Wisconsin agency

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker White Plains, N.Y.-based Marsh Inc., has announced the acquisition of Wisconsin-based Security Insurance Services Inc., which has offices in New Berlin and Appleton.

BizTimes cover story: Mid-year Economic Forecast

At the midway pole, the economy continues to recover.
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Buerger promoted at ISB

Robert Buerger has been named senior vice president and chief lending officer at ISB Community Bank in Ixonia.

Lynch named to Fiserv board

Dennis Lynch has been appointed to the Fiserv Inc. board of directors. Brookfield-based Fiserv provides financial services technology solutions to a global market.

A.O. Smith increases dividend

The A.O. Smith Corporation has increased its quarterly cash dividend by 25 percent, to $.20 per share. The company's Common Stock and Class A Common Stock are affected.

Banks increase small business lending

Wisconsin banks who received capital through the Small Business Lending Fund have increased small business lending by $45.3 million since 2010, according to a report from the U.S. Department of the Treasury.

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