Viewpoints

LBWN and Impact Seven to rehab 24 foreclosures with $6 million support

The Layton Boulevard West Neighbors (LBWN) and Impact Seven, Inc. today are launching a nearly $6 million co-development initiative that will rehabilitate 22 foreclosed residential properties and two commercial properties within the Layton Boulevard West, Clarke Square and Muskego Way neighborhoods.

Milwaukee Biz Blog: Yahoo! CEO goes against the grain

Yahoo! chief executive officer Marissa Mayer, a Wausau native, sparked a national conversation recently by announcing to her employees that the company will no longer allow telecommuting.

Yahoo! CEO goes against the grain

Yahoo! chief executive officer Marissa Mayer, a Wausau native, sparked a national conversation recently by announcing to her employees that the company will no longer allow telecommuting.

Heavy lifting in Wisconsin

Those sounds you may hear are the moans and groans of people engaged in various acts of heavy lifting. And I’m not talking about snow.

Acuity reaches new financial highs

In its 2012 financial statement, Sheboygan-based property and casualty insurance firm Acuity reported that its assets under management reached an all-time high of $2.75 billion and policyholders’ surplus finished the year at a record $1.125 billion.

Hendricks makes offer to buy out investors at ABC Supply

ABC Supply Holding Corp., the parent company of Beloit-based American Builders & Contractors Supply Co. Inc., has entered into a definitive agreement to redeem all of the shares held by its minority shareholders, an investor group led by Advent International.
Upon the closing of the transaction, 100 percent of the shares of ABC Supply will be controlled by the company’s co-founder, Diane M. Hendricks.
 
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Northern Trust proceeds with capital plan

Northern Trust Corp. announced it has received no objections from the Federal Reserve Board to its proposed 2013 capital plan.
 

Waterstone Mortgage launches new brand

Pewaukee-based Waterstone Mortgage Corp. has unveiled a new logo as part of a rebranding campaign.
 

ARI raises $4.8 million in private placement

Milwaukee-based ARI Network Services Inc., a provider of software and data solutions, announced it has entered into definitive agreements with investors in a private placement of $4.8 million of its common stock at a purchase price of $1.50 per share.

Buyers and sellers invited to BizTimes M&A Forum

Company owners interested in learning more about the process and prospects of buying or selling businesses are invited to attend the annual BizTimes M&A Forum, which will take place Friday, May 3, at the Pfister Hotel in downtown Milwaukee from 7:30 to 11:30 a.m.

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