Banking & Finance

Milwaukee-based The Marcus Corp. reported fiscal 2014 third quarter net earnings of $273,000, or 15 cents per share attributable to the company, down from $4.3 million, or a loss of 5 cents per share attributable to the company, in the same quarter a year ago.

Menomonee Falls-based Actuant Corp. reported fiscal second quarter net earnings of $41.4 million, or 56 cents per share, up from $28.4 million, or 38 cents per share, in the second quarter of 2013.

Wauwatosa-based Waterstone Financial Inc. reported fourth quarter net income of $1.9 million, or 6 cents per share, down from $18.1 million, or 53 cents per share, in the fourth quarter of 2012.

Landmark Aviation's Aircraft Management & Charter division recently expanded its fleet with the acquisition of Sterling Aviation, a full-service aircraft management and charter provider at General Mitchell International Airport in Milwaukee.

Eric Thomas has been named senior vice president and market manager for AnchorBank’s Milwaukee Commercial Banking division. He will...

Artisan Partners has launched a new fund, called the Artisan High Income Fund.

Brookfield private equity firm Blackthorne Partners Ltd. and former Trostel Ltd. vice president Ross Lund have acquired Columbus-based Hughes Co. The company will now be called Hughes Equipment Company LLC.

Wauwatosa-based Waterstone Financial Inc. reported fourth quarter net income of $1.9 million, or 6 cents per share, down from $18.1 million, or 53 cents per share, in the fourth quarter of 2012.

Landmark Aviation’s Aircraft Management & Charter division recently expanded its fleet with the acquisition of Sterling Aviation, a full-service aircraft management and charter provider at General Mitchell International Airport in Milwaukee.

A recent string of buyouts and expansions of business spawned by Wisconsin entrepreneurs ought to put to rest one misguided complaint about a state strategy that goes all out for high-growth startups.