Economic Development
Wauwatosa keeps Aaa bond rating
The City of Wauwatosa has maintained its Aaa bond rating from Moody’s Investors Service this year and is one of only four Wisconsin municipalities to hold the top rating.
7Summits attracts $1 million in funding for new growth
Milwaukee-based 7Summits has received $1 million in new funding to fuel the agency’s next phase of growth, as its business model and comprehensive social business solutions continue to attract clients nationwide.
Associated Bank No. 1 in Wisconsin SBA loans
Green Bay-based Associated Bank authorized the most Small Business Administration loans in the state in the fiscal year ending Sept. 30, according to a recent SBA report.
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Orion board authorizes stock repurchase plan
Manitowoc-based Orion Energy Systems Inc. announced its board of directors has approved a share repurchase program, authorizing the company to repurchase in the aggregate up to $1 million of its outstanding common stock.
Northwestern Mutual to pay nearly $5 billion in dividends
The Board of Trustees for Milwaukee-based Northwestern Mutual Life Insurance Co. has approved a dividend payout of nearly $5 billion for participating policy owners for 2012, an increase of more than $125 million over its expected 2011 payout. It will be the second-largest payout in the company’s history.
