Economic Development

Michigan PSC gives Wisconsin Energy acquisition the OK

The Michigan Public Service Commission on Thursday approved Milwaukee-based Wisconsin Energy Corp.'s planned acquisition of Integrys Energy Group Inc.

ARI Network Services acquires TASCO Corp.

Milwaukee-based ARI Network Services Inc. today announced it has acquired the assets of tire and auto service software developer TASCO Corp.

2015 WisconsinBiz: ‘People Make The Difference’

BizTimes Media LLC on Monday published the 2015 edition of WisconsinBiz, the annual publication that promotes Wisconsin as a place to grow or move a business.

Business confidence is on the rise

Several jaws dropped and eyebrows rose in January when BizTimes predicted a robust year of national economic growth for 2015.

PNC reports lackluster first quarter

The PNC Financial Services Group Inc. reported first quarter net income of $1 billion, or $1.75 per share, down from $1.1 billion, or $1.82 per share, in the first quarter of 2014.

Baird reports record 2014 revenue

Milwaukee-based Robert W. Baird & Co. Inc. reported record net revenue of $1.2 billion in 2014, up 12 percent over 2013. It is the fifth consecutive record year the employee-owned financial firm has reported.
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Bank Mutual profit up 25%

Brown Deer-based Bank Mutual Corp. reported first quarter net income of $3.6 million, or 8 cents per share, up 25 percent from net income of $2.8 million, or 6 cents per share, in the first quarter of 2014.

Associated Bank buys mortgages from Habitat for Humanity

Associated Bank has purchased about $2 million in residential mortgages from Milwaukee Habitat for Humanity in one of the largest one-time mortgage sales in the chapter's history.

MGIC earnings soar

Milwaukee-based MGIC Investment Corp. today reported first quarter net income of $133.1 million, or 32 cents per share, up significantly from $60 million, or 15 cents per share, in the first quarter of 2014.

Baird Capital invests in Alpha Source

Milwaukee-based Alpha Source, a leading medical equipment solutions provider, has received a direct private investment from Milwaukee-based Baird Capital, a division of Robert W. Baird & Co. Inc.

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