Economic Development

Menomonee Falls-based Actuant Corp. reported third quarter net income of $38 million, or 63 cents per share, down from $50.1 million, or 70 cents per share, in the third quarter of 2014.

Milwaukee-based motorcycle manufacturer Harley-Davidson Inc. announced its board has authorized the company to take on $750 million in long-term debt to repurchase up to 15 million shares of its stock.

Milwaukee private equity firm Mason Wells announced it has acquired Minneapolis-based Advanced Web Technologies LLC.

Senior portfolio manager Ashok Bhatia, CFA, has been added to the Wells Fargo Advantage Multi-Sector Income Fund. Bhatia is...

Readers are invited to take a moment and fill out the 2015 BizTimes Mid-Year Economic Dashboard Survey.

The Conference Board Leading Economic Index (LEI) for the U.S. economy increased 0.7 percent in May to 123.1, following a 0.7 percent increase in April, and a 0.4 percent increase in March.

EMV cards are coming to the United States. Card issuers are migrating to chip technology, and many large merchants are going to be ready with chip-enabled point-of-sale devices by the deadline (generally October 2015) imposed by the card associations (Visa, MasterCard, Discover and American Express). Before you know it, cards with embedded microprocessor chips will be as prevalent in the U.S. as they are in Europe.

Glendale-based global diversified industrial company Johnson Controls Inc. has announced it is reviewing strategic options for its automotive business. Those options include a joint venture, a sale or a spinoff.

Milwaukee-based ManpowerGroup has announced it plans to acquire German human resource services provider 7S Group for $154.1 million.

Milwaukee-based Wisconsin Energy Corp. received the approval of the Minnesota Public Utilities Commission on Friday, and is waiting on the approval of just one more state before it can finalize its $9.1 billion acquisition of Integrys Energy Group.