Economic Development
Lake Country Wealth Management acquired by Bronfman E.L. Rothschild
Delafield-based Lake Country Wealth Management has been acquired by Madison-based registered investment advisory firm Bronfman E.L. Rothschild L.P.
Hal Leonard acquires music technology company
Milwaukee-based Hal Leonard Corp. has acquired Tunessence, a music education technology company based in Pittsburgh.
Bubbler Executive of the Week: Leo Ries
Leo Ries is capping 15 years as executive director of LISC Milwaukee this week. The nonprofit organization, grounded in a mission to revitalize Milwaukee neighborhoods, announced his leave earlier this month.
MMAC economic indicators hold steady
Economic indicators for southeastern Wisconsin held steady in March, according to the latest monthly report issued by the Metropolitan Milwaukee Association of Commerce (MMAC).
PNC loans $10 million to MAM
PNC Bank N.A. has closed on a $10 million loan to the Milwaukee Art Museum Inc. for its major restoration and renovation project.
First Business Financial starts year with strength
First Business Financial Services Inc. reported first quarter net income of $4.2 million, or 97 cents per share, up from $3.3 million, or 84 cents per share, in the first quarter of 2014.
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Comcast abandons bid to acquire Time Warner Cable
Comcast Corp. has abandoned its attempt to acquire Time Warner Cable Inc. after federal regulators said the proposed $45 billion deal would give Comcast an unfair advantage in the broadband services market.
Waterstone Financial reports higher profit on mortgage loan volume
Wauwatosa-based Waterstone Financial Inc. reported first quarter net income of $3 million, or 9 cents per share, up from $1.9 million, or 5 cents per share, in the first quarter of 2014.
SC Johnson acquires Bangladesh brands
Racine-based SC Johnson & Son Inc. has acquired three brands from ACI Ltd. in Bangladesh.
Milwaukee firms named to FT 400
Several Milwaukee financial advisors have been named to The Financial Times’ 400 Top Financial Advisors list.