Economic Development

Waterstone Financial reports higher earnings

Wauwatosa-based Waterstone Financial Inc. reported third quarter net income of $4.8 million, or 14 cents per share, up from $3.2 million, or 9 cents per share, in the third quarter of 2013.

First Business Financial reports flat Q3

Madison-based First Business Financial Services Inc., parent company of First Business Bank-Milwaukee, reported third quarter net income of $3.6 million, or 89 cents per share, flat from $3.6 million, or 91 cents per share, in the third quarter of 2013.

New hires and promotions

Richard Behrendt, J.D., has been named director of estate planning services at Elm Grove-based Annex Wealth Management. Behrendt previously...

First Bank Financial Centre launches Holi-Days of Giving program

Oconomowoc-based First Bank Financial Centre has launched a Holi-Days of Giving program to give to charity during December.

First Business Bank opens Kenosha office

First Business Bank—Milwaukee has opened a new office in Kenosha, at 6633 Green Bay Road, Suite 2.

MANDI Award nominations due Monday

Local Initiatives Support Corporation's Milwaukee branch is making a final call for nominations for its 2015 MANDI Awards, which honor individuals, organizations and community projects improving central city neighborhoods.
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Waukesha County to offer business expansion assistance

The Waukesha-Ozaukee-Washington Workforce Development Board has added a Business Services Unit to provide assistance to growing businesses in Waukesha County.

Tanzanian ambassador seeks partnerships with Wisconsin

In a lighthearted speech in which she poked fun at Wisconsin's harsh winters and noted that the shape of Wisconsin is very similar to that of her own country, the U.S. ambassador to Tanzania brought with her a serious message when she was honored at Marketplace 2014 Wednesday night.

Bucks add more members to ownership group

The Milwaukee Bucks announced that the team has added seven additional local investors to its ownership group, and for the first time acknowledged that New York hedge fund manager Jamie Dinan is a “substantial” owner of the team.

MGIC reports dramatic earnings increase

Milwaukee-based mortgage insurance firm MGIC Investment Corp. reported third quarter net income of $72 million, or 18 cents per share, up from $12.1 million, or four cents per share, in the third quarter of 2013.

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