Economic Development
Wisconsin gained nearly 20,000 jobs in 2011
The state of Wisconsin gained nearly 20,000 jobs in 2011, according to data released today by the U.S. Bureau of Labor Statistics, the Associated Press reported. The jobs numbers are in line with the state’s recent estimates.
ZBB Energy Corp. completes stock offering
Menomonee Falls-based ZBB Energy Corp., a leading developer of intelligent, renewable energy power platforms, said it has completed its previously announced underwritten public offering of 31.6 million shares of its common stock at a price to the public of 38 cents per share.
CEO says Actuant’s acquisition pipeline is ‘robust’
Menomonee Falls-based Actuant Corp. reported fiscal third quarter net earnings of $34.4 million, or 45 cents per share, down from $36.4 million, or 49 cents per share, in the same period a year ago.
Quarles & Brady to pay $26.5 million for Ponzi scheme settlement
Milwaukee-based law firm Quarles & Brady will pay $26.5 million and Greenberg Traurig will pay $61 million to settle a lawsuit against the two firms that accused them of assisting in an Arizona Ponzi scheme that cost investors $900 million, according to a Reuters report.
Wipfli launches new division
Milwaukee-based national CPA and consulting firm Wipfli LLP has launched a turnaround and restructuring services practice to help companies who are in operational or financial distress.
7-Eleven acquires Open Pantry stores in Wisconsin
Dallas-based 7-Eleven, Inc. announced it has completed a transaction to acquire 18 Open Pantry convenience store locations in Wisconsin, primarily in the greater Milwaukee and Madison markets.
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The Wellness Network acquires HealthStyle Press
Waukesha television company The Wellness Network has acquired Germantown health guide publisher HealthStyle Press.
Journal acquires radio station
Milwaukee-based Journal Communications Inc. subsidiary Journal Broadcast Group has acquired Tulsa, Okla. Radio stations 106.9 KHTT FM and 92.9 BOB FM from Renda Broadcasting Corp.
Eagle Capital Growth has moved
Eagle Capital Growth Fund Inc. and its investment advisor, Sims Capital Management, have moved.
Baird expands in Texas
Milwaukee-based Robert W. Baird & Co. Inc. announced that its Public Finance business has added five bankers and opened three new offices in Texas, expanding the firm's presence in the state.