Banking & Finance

Fiserv announces stock split

Fiserv Inc., a Brookfield-based global provider of financial services technology solutions, announced that its board of directors has declared a two-for-one stock split of Fiserv common stock and a proportionate increase in the number of its authorized shares of common stock.

ITS acquires Continental Equipment Corp.

Milwaukee-based International Thermal Systems has acquired the business assets of Continental Equipment Corporation, also in Milwaukee.

Dow soars to another new record

The Dow Jones Industrial Average clung to minor gains this morning after closing Thursday for the first time in history above the 16,000 mark.

Johnson Controls expands stock repurchase program

Glendale-based Johnson Controls, a global multi-industrial company with core businesses in the building and automotive industries, announced a multi-year stock share repurchase program and an increase in its quarterly dividend, reflecting the company's confidence in its long-term business prospects.

U.S. Bank subsidiary acquired Irish firm

U.S. Bancorp Fund Services LLC, a subsidiary of U.S. Bancorp, announced it has agreed to acquire Quintillion Limited (Quintillion), a full-service hedge fund administrator in Ireland.

Dow cracks 16,000 barrier

The Dow Jones Industrial Average crossed 16,000 points for the first time in trading yesterday, and the Standard & Poor's 500 Index rose above 1.800 points.
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Money briefs

Summit Credit Union will host Mindful Spending on Thursday, November 21, from 6 to 7 p.m. at the Greenfield...

BankMyBiz to demonstrate technology at SXSW

Milwaukee and Madison-based BankMyBiz.com has been selected to display its lending website in the Startup Spotlight at the South By Southwest 2014 conference in Austin, Texas from March 7 to 11.

Report cites errors in credit bureau reports

A new report by the WISPIRG Foundation found that the most complained-about credit reporting agency in Wisconsin is Experian.

U.S. Bank to provide $32.5 million in financing for Mayfair Collection

U.S. Bank and HSA Commercial Real Estate announced they have closed on a $32.5 million construction loan that will finance a portion of the overall redevelopment of the former Roundy's warehouse in Wauwatosa into a new 250,000-square-foot retail center.

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