Banking & Finance

“It's A Seller's Market: How Long Will It Last?” will be the theme of the 2015 BizTimes M&A Forum.

Hartford's CDM Tool & Mfg. Co. Inc. has been acquired by Milwaukee private investment firm Jacsten Holdings LLC. The family company was sold by Pam Priestaf, whose father founded CDM.

Milwaukee-based The Marcus Corp. today reported third quarter net income of $2.8 million, or 11 cents per share, compared with net income of $273,000, or 15 cents per share, in the third quarter of 2014.

Menomonee Falls-based Actuant Corp. today reported a second quarter net loss of $64.8 million, or $1.05 lost per share, in the second quarter, compared with net income of $41.4 million, or 56 cents per share, in the second quarter of 2014.

Brookfield-based public accounting and business advisory firm Vrakas/Blum S.C. has added Sandy McGee as its first full-time chief operating officer.

Milwaukee-based investment bank Grace Matthews Inc. recently advised BMMC Holdings LLC in an investment transaction related to Compass Chemical International LLC.

Brookfield-based Fiserv Inc., which offers technology solutions for financial institutions, has announced a new mobile product tailored to business banking users, called Mobiliti Business.

Milwaukee-based Wisconsin Energy Corp. and subsidiary Wisconsin Electric Power Co. have decided not to sell their Presque Isle Power Plant and Michigan electric distribution assets to Green Bay-based Upper Peninsula Power Co. as planned.

BMO Harris Bank has announced a new technology is now available at 275 of its Wisconsin ATMs. The Mobile Cash technology allows customers to make ATM withdrawals without removing their wallets from their pockets, saving time and increasing the security of the transaction.

Milwaukee-based Northwestern Mutual is leveraging the community impact of some of its most philanthropic financial representatives through a grant program that has awarded selected representatives funds to allocate to their cause of choice.