Economic Development

Baird Advisors nabs BMO municipal investment team

Milwaukee-based Baird Advisors, the institutional fixed income investment management division of Robert W. Baird & Co. Inc., has hired away from BMO Global Asset Management a three-person municipal investment team.

Milwaukee nonprofit calls for volunteer money coaches

As Make-A-Difference Wisconsin continues to expand its financial literacy programming across southeastern Wisconsin, the nonprofit is seeking volunteer coaches to mentor students in small groups and one on one.

HUD finished investigating Associated Bank lending practices

The U.S. Department of Housing and Urban Development has completed its investigation of Associated Bank N.A.’s lending practices between 2008 and 2011.

Badger Truck Center acquires New Glarus Motors

Milwaukee-based Badger Truck Center has acquired New Glarus Motors in New Glarus.

ZBB Energy profit down on lower license revenue

Milwaukee-based ZBB Energy Corp. reported a fiscal third quarter net loss of $3.5 million, or 9 cents per share, compared with net income of $8,930, or 0 cents per share, in the third quarter of 2014.

Highland Investment Advisors moves to Mequon

Highland Investment Advisors has relocated from Milwaukee to a larger office in Mequon.
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Associated Bank increases female leadership 10 percent in three years

In 2011, 17 percent of the leadership roles at Associated Bank were filled by women. By 2014, that figure had grown to 27 percent, thanks in large part to the founding of the Associated Women’s Network.

VRC named Valuation Firm of the Year

Milwaukee-based independent valuation firm Valuation Research Corp. has been named Valuation Firm of the Year by industry peers in the International M&A Awards for the fourth year in a row.

Telkonet narrows loss

Waukesha-based Telkonet Inc. reported a first quarter net loss of $744,078, compared with $778,208 in the first quarter of 2014.

Kohl’s reports higher profit, comparable store sales

Menomonee Falls-based Kohl's Corp. reported first quarter net income of $127 million, or 63 cents per share, up from $125 million, or 60 cents per share, in the first quarter of 2014.

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