Economic Development
Joy Global sells notes to help finance acquisition
Milwaukee-based Joy Global Inc. announced it has priced an offering of $500 million aggregate principal amount of its 5.125-percent senior notes due Oct. 15, 2021.
U.S. Bank surpasses M&I for top Milwaukee market share
The former M&I Bank has lost its top spot in Milwaukee area market share, according to a Federal Deposit Insurance Corp. report.
Wisconsin families ahead of the pack on financial education
A recent survey by BMO Harris Bank found that while 89 percent of U.S. parents consider themselves a very important resource to their children on basic money management, only 36 percent discuss it with them on a regular, weekly basis.
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Associated rolls out Android app
Green Bay-based Associated Banc-Corp has introduced its newest mobile application, for use on Android-powered smart phones.
PSC attorney says city could incur utility costs for streetcar
The estimated $55.5 million in costs to reroute utility lines to accommodate a downtown Milwaukee streetcar line would likely need to be covered by the city, rather than the utilities, according to a new letter by Wisconsin Public Service Commission general counsel Cynthia Smith.
Actuant caps robust fiscal year
Menomonee Falls-based Actuant Corp. reported fiscal fourth quarter net earnings of $41.4 million, or 55 cents per share, up from a loss of $16.8 million, or 22 cents per share, in the same period a year ago.
Federal funds to provide catalyst for private sector jobs in Milwaukee
Milwaukee’s Northwest Side Community Development Corp. (NWSCDC) has been awarded $740,402 and the Martin Luther King Economic Development Corp. (MLKEDC) has been awarded $545,800 in federal urban development grants through the U.S. Department of Health and Human Services (HHS) Office of Community Services.
