Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Bon-Ton reports another loss
The Bon-Ton Stores Inc., which has dual headquarters in Milwaukee and York, Pa., today reported a third quarter net loss of $11 million, or 57 cents lost per share, compared with a loss of $931,000, or 5 cents lost per share, in the third quarter of 2013.
Brady earnings down on sales mix, plant consolidation
Milwaukee-based Brady Corp. today reported fiscal 2015 first quarter net earnings of $13.6 million, or 25 cents per share, down from $24 million, or 44 cents per share, in the first quarter of 2014.
Management team acquires Arandell Corp.
Arandell Corp., a Menomonee Falls-based provider catalog printing and omni-channel solutions, announced today that board chairman Don Treis and his family have sold the company to president Brad Hoffman and other members of firm’s management team.
Gener8tor raises $2 million
Startup accelerator gener8tor, which has locations in Milwaukee and Madison, has raised a $2.2 million fund, according to an SEC filing.
The 5 things a baseball team can teach us about our family business
Operating a successful Major League Baseball franchise takes a great team, and not just the guys on the field. At a recent event, Rick Schlesinger outlined what it takes to build a winning organization behind the scenes. Over 11 seasons with the Milwaukee Brewers, the last three as COO, he has helped them eclipse nearly every record for business performance, from increasing average season attendance nearly 70% since 2003 to increasing annual marketing sponsorship revenue by 150% since 2005. The Milwaukee Brewers are a dynamic and growing sports franchise. Here are five key areas they focus on inside the operations, re-organized here in a convenient acronym – CHEER!
State report estimates impact of ‘jock tax’ for new arena
If the state designated income tax paid by National Basketball Association players and team employees to cover the public's costs for building a new arena in Milwaukee, the funds could support approximately $150 million in state general obligation bonding, according to a new Legislative Fiscal Bureau report.
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BizTimes launches new BizTracker news service
BizTimes Media has launched BizTracker, a new Wisconsin business news data digital streaming service for its readers.
Fiserv names Schultz group president
Brookfield-based Fiserv Inc. announced Kevin Schultz has been named group president of a newly formed group comprised of the firm's consumer-focused electronic payment platforms and digital channel solutions.
Xten sold out of bankruptcy
Kenosha-based plastic injection molding company Xten Industries LLC has been sold out of bankruptcy to Mundelein, Ill.-based Commercial Plastics Co.
Seiberlich acquires V&L Tool
Milwaukee business executive Kevin Seiberlich and Hamilton Henry Capital have acquired Waukesha-based V&L Tool Inc.