Banking & Finance

Biz Notes

Aurora St. Luke’s Medical CenterAurora St. Luke’s Medical Center in Milwaukee has been ranked the top hospital in the...

Business owners: preparing for life after you sell

Entrepreneurs who poured their hearts and souls into their businesses eventually find themselves near retirement, realizing they should sell before health problems or other matters force the issue. Although many are well-prepared for the sale itself, few are ready for the next step: managing a large sum of money from the proceeds. Most don't want to “jinx” the deal before it's final or are still are too busy running the business. But the reality is, this will be one of the owner's most critical – and emotional – business decisions.

Daniel Buehrle

Daniel BuehrleRegional managing director, Principal Financial Group10200 Innovation Drive, Suite 800, Wauwatosawww.principal.com/wisconsin Industry: Employee benefits and asset managementEmployees: 125...

Johnson Controls to spin off Automotive Experience division

Glendale-based Johnson Controls Inc. recently announced it plans to spin off its Automotive Experience business to create a separate company.

The tax-free split would form a new publicly traded company, and is expected to be finished in about a year. Johnson Controls did not say where the new company will be based.

First Business Bank golf outing benefits Meta House, Milwaukee Rescue Mission

Meta House and Milwaukee Rescue Mission each won more than $9,000 from the second annual First Business Golf Invitational for Charity, held July 27 at Westmoor Country Club in Brookfield.

Associated Bank and United Way become leading sponsors of Milwaukee Film Festival

Nonprofit organization Milwaukee Film, which puts on the annual Milwaukee Film Festival, announced on Thursday it has received leading sponsorship funding from Associated Bank and United Way of Greater Milwaukee and Waukesha County for this year’s festival.
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Physicians Realty Trust recovers from loss

Milwaukee-based Physicians Realty Trust today reported second quarter net income of $3.3 million, or 4 cents per share, compared with a net loss of $600,000, or 2 cents lost per share, in the second quarter of 2014.

Strattec ends fiscal year on down note

Milwaukee-based Strattec Security Corp. reported fiscal fourth quarter net income of $1.9 million, or 33 cents per share, down from $6.4 million, or $1.58 per share, in the fourth quarter of 2014.

Connecture narrows loss on new customer growth

Brookfield-based Connecture Inc. reported a second quarter net loss of $4.3 million, or 20 cents lost per share, compared with $5.4 million, or $34.77 lost per share, in the second quarter of 2014.

Associated Bank and United Way become leading sponsors of Milwaukee Film Festival

Nonprofit organization Milwaukee Film, which puts on the annual Milwaukee Film Festival, announced today it has received leading sponsorship funding from Associated Bank and United Way of Greater Milwaukee and Waukesha County for this year’s festival.

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