Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Rent College Pads raises $500,000
Milwaukee startup Rent College Pads Inc. has raised $500,000 in its first funding round, according to an SEC filing.
Kraft’s new company makes bid to buy First Edge Solutions out of receivership
Milwaukee-based First Edge Solutions may be purchased out of chapter 128 receivership by an affiliate of World Marketing Inc., which has submitted a bid to buy the assets of the company.
FaBcap receives JPMorgan Chase grant
The JPMorgan Chase Foundation has awarded $50,000 to Food and Beverage Wisconsin's FaBcap food finance and business accelerator.
Telkonet reports record results
Waukesha-based Telkonet Inc. today reported second quarter net income of $523,511 or 0 cents per share, up from $219,085, or 0 cents per share, in the second quarter of 2014.
Roundy’s narrows loss in Q2
Milwaukee-based Roundy's Inc. has reported a second quarter net loss of $1.5 million, or 3 cents per share, compared with a net loss of $27.7 million, or 10 cents per share, in the second quarter of 2014.
Kohl’s profit slides on weak sales
Menomonee Falls-based Kohl's Corp. today reported second quarter net income of $130 million, or 66 cents per share, down from $232 million, or $1.13 per share, in the second quarter of 2014.
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Briggs & Stratton reports higher profit on improved conditions, acquisitions
Wauwatosa-based Briggs & Stratton Corp. announced fiscal fourth quarter net income of $20.1 million, or 45 cents per share, up from $7.8 million, or 17 cents per share, in the fourth quarter of 2014.
Bronfman E.L. Rothschild acquires Maryland wealth management firm
Bronfman E.L. Rothschild LP has acquired Rockville, Md.-based Highline Wealth Management LLC.
BrightStar announces five new investment commitments
Milwaukee-based BrightStar Wisconsin Foundation Inc. today announced that it has made $50,000 seed round investments in two new Madison- based companies, AltusMedical Group Inc., and GrocerKey Inc.
MADISON – First Business Bank to hold stock split
First Business Bank's parent company says it will hold a two-for-one stock split.
