Banking & Finance

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.

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.

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

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

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 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.

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.

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.

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.

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?