Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
MGIC narrows losses
MGIC Investment Corp. reported a net loss for the first quarter of $19.6 million, or 10 cents per share, compared with a net loss of $33.7 million, or 17 cents per share, for the same quarter a year ago.
Profits rise for Bank Mutual
Brown Deer-based Bank Mutual Corp., the largest Milwaukee County-based bank, reported first quarter net income of $1.2 million, or 3 cents per share, up from $1.0 million, or 2 cents per share, in the same period a year ago.
Windermere forms strategic alliance with SCS Financial
Windermere Wealth Advisors LLC in Milwaukee has formed a strategic alliance with independent investment and wealth management firm SCS Financial Services LLC of Boston.
Bridgewood completes deal
Bridgewood Advisors, a Milwaukee M&A advisory firm, has assisted a Madison start-up with a sale to a Swiss competitor.
Generation Growth completes acquisition
Milwaukee private equity firm Generation Growth Capital Inc. has acquired Tri Aerospace LLC of Terre Haute, Ind.
Two from Milwaukee named to M&A Advisor’s 40 Under 40
The M&A Advisor has named Dani Machata of Godfrey & Kahn and Robert Jansen of Bridgewood Advisors among its 40 Under 40 winners.
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UW Credit Union opens new branch
UW Credit Union has opened its newest branch at 21215 E. Moreland Blvd. in Waukesha. The full-service branch is its fourth in the Milwaukee area and twentieth branch in Wisconsin.
Federal fund spurs more lending for small businesses
Wisconsin banks have increased their small business lending by $16.9 million since receiving capital through Small Business Lending Fund (SBLF), according to a new report by the U.S. Department of the Treasury.
Northwestern Mutual’s donations on the rise
As it celebrates its 20th anniversary, the Northwestern Mutual Foundation plans to donate $16.7 million to charities in fiscal 2012.
Consumer spending soars again
American consumer spending increased for the third consecutive month, indicating that the economic recovery is gathering steam.
