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Mining slump takes toll on Joy Global

With the global demand for mining continuing to decline and its stock trading near its 52-week low, the board of directors of Milwaukee-based Joy Global Inc. has authorized the company to repurchase up to $1.0 billion in shares of common stock over the next 36 months.

Fiserv launches new tablet banking app

Brookfield-based Fiserv Inc. a global provider of financial services technology solutions, has announced the launch of Mobiliti: Tablet, a turnkey mobile banking application for tablet users.

Actuant completes acquisition of Scottish company

Menomonee Falls-based Actuant Corp. announced the completion of its acquisition of Viking SeaTech of Aberdeen, Scotland.

Economy grew at a faster pace in 2nd quarter

The U.S. economy expanded at a faster pace than previously estimated in the second quarter as exports and business investment were revised upward, pushing the revised gross domestic product up 2.5 percent from the initial estimate of 1.7 percent.

BMO Harris Bank to sponsor ‘The Nutcracker’

BMO Harris Bank has announced plans to sponsor this year's performance of “The Nutcracker” by the Milwaukee Ballet to ensure that the holiday tradition can take the stage for its 43rd year.

Schwartz takes post at Wells Fargo Bank

Anne Schwartz, who most recently served as the communications director of the Milwaukee Police Department, has accepted a new position as the regional communications director of corporate communications for Wells Fargo Bank.
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Bank earnings up in 2Q

Wisconsin banks reported net income of $497 million in the second quarter, up from $407 million in the same period a year ago, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corp.

Fiberesin gets environmental validation

Oconomowoc-based Fiberesin Industries Inc. is equipped to supply architects, general contractors and commercial furniture companies with environmentally friendly building and furniture components, following certification from the Forest Stewardship Council (FSC) in March.

Stewart-Peterson provides commodity price stability

Farmers' Grain & Feed LLC sells dairy nutritional products to farmers and larger grain distributors, which can be an unpredictable business.

Physicians Realty Trust aims to reduce health care costs

A new Milwaukee-based health care real estate investment trust (REIT) is focusing its efforts on the roles of doctors in reducing health care costs.

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