Viewpoints
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Milwaukee Biz Blog: Zappos CEO seeks ‘Return on Community’
Tony Hsieh, chief executive officer of the online shoe and clothing company Zappos.com, keynoted a brunch Sunday at the Hilton Hotel in downtown Milwaukee as a finale to the city’s Young Professionals Week, organized by the social networking group Newaukee.
Federal Reserve to redesign the $100 bill
The Federal Reserve Board on Wednesday announced that the redesigned $100 note will begin circulating on Oct. 8, 2013.
Brewers launch interactive seat map
The Milwaukee Brewers have launched a new feature on www.Brewers.com that will allow fans to select specific seat locations online.
Governor’s Prayer Breakfast open to all faiths and denominations
The 2013 Governor's Prayer Breakfast will feature an all-star lineup of speakers including Jolinda Wade, mother of NBA star Dwyane Wade, as well as Marquette University basketball coach Buzz Williams, Milwaukee Brewers pitcher Chris Narveson and Gov. Scott Walker.
U.S. Bank quarterly profits rise 6.7%
Minneapolis-based U.S. Bancorp reported that its first quarter earnings rose 6.7 percent. Net earnings rose to $1.43 billion, or 73 cents per share, for the first quarter ended March 31, from $1.34 billion, or 67 cents per share, a year earlier.
PNC Bank reports strong quarter
The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, reported first quarter net income of $1.0 billion, or $1.76 per share, compared with $811 million, or $1.44 per share, in the same period a year ago.
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Bank Mutual earnings jump 120%
Brown Deer-based Bank Mutual Corp. reported first quarter net income was $2.5 million, up 120 percent from $1.2 million the same quarter a year ago.
Mortgage banking fuels revenues for Associated Bank
Associated Banc-Corp reported first quarter net income of $46 million, or 27 cents per share, up from $41 million, or 24 cents per share, in the same quarter a year ago.
Late spring clips Briggs & Stratton
Briggs & Stratton Corp. reported fiscal third quarter net income of $38.5 million, or 78 cents per share, down from $39.9 million, or 80 cents per share, in the same period a year ago.
Jacsten Holdings acquires stake in Triton Corp.
Jacsten Holdings LLC, a Milwaukee-based family investment firm, has announced an investment in Hartford-based Triton Corp., the latest addition to Jacsten’s portfolio.