Banking & Finance

NBA will reserve right to buy Bucks back

The NBA will reserve the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry if a deal to a build a new arena in the city is not in place by November 2017.

Stress expert to host AFWA workshop

The Accounting & Financial Women's Alliance-Milwaukee Chapter will host a half day workshop with renowned stress and resilience expert Paula Davis-Laack on Friday, June 6, from 7:30 a.m. to noon at the Radisson Hotel, 2303 N. Mayfair Road in Wauwatosa.

Modine upgraded to outperform

Racine-based Modine Manufacturing Inc. has been upgraded from “neutral” to “outperform” rating by analysts at Milwaukee-based Robert W. Baird & Co. Inc.

Westbury Bank to renovate Brookfield branch

West Bend-based Westbury Bank will spend about $1.5 million to renovate its branch at North Avenue and Calhoun Road in Brookfield.

Quarterly earnings dip at Associated Banc-Corp

Green Bay-based Associated Banc-Corp reported first quarter net income of $45.1 million, or 27 cents per share, down from $47.3 million, or 28 cents per share, in the first quarter of 2013.

Waukesha State Bank plans branch at Hartland bowling alley site

Waukesha State Bank is working on plans to build a bank branch in Hartland at the current site of the Hartbrook Lanes bowling alley at 550 Hartbrook Drive.
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Badger Meter earnings jump 59 percent

Brown Deer-based Badger Meter Inc. today reported first quarter net income of $4.6 million, or 32 cents per share, up 59.3 percent from $2.9 million, or 20 cents per share, in the first quarter of 2013.

Bank Mutual reports earnings increase

Brown Deer-based Bank Mutual Corp. today reported first quarter net income of $2.8 million, or 6 cents per share, up 11.7 percent from $2.5 million, or 5 cents per share, in the first quarter of 2013.

Repair segment drives Snap-on growth

Kenosha-based Snap-on Inc. today reported first quarter net earnings of $98.2 million, or $1.62 per share, up from $82.8 million, or $1.40 per share, in the first quarter of 2013.

Take stock of your financial house

In his bestseller, “Good to Great,” author Jim Collins reveals that great business leaders have hearty appetites for the unadulterated truth, the “brutal facts,” but truth about what?

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