Banking & Finance
Amazon launches online sales tax on Wisconsin purchases
Beginning Nov. 1, Wisconsin became the 14th U.S. state in which online retailer Amazon collects state sales taxes.
Johnson Controls acquires majority share of Columbian firm
Glendale-based Johnson Controls Inc. has strengthened its commitment to the Central and South American automotive battery market by acquiring 90 percent ownership of Colombian battery supplier MAC.
Waukesha Metal to acquire Mexican fabricator
Waukesha Metal Products announced today it has signed a letter of intent to acquire the assets of Mexico-based Revstone Fabrication San Luis Potosi S de RL de CV.
Luken appointed COO at Sikich
Sikich LLP, a Naperville, Ill.-based accounting, advisory, investment banking, technology and managed services firm, has named Tom Luken, partner-in-charge of the Milwaukee office, chief operating officer.
Veritas Steel acquires Wisconsin steel plants
Veritas Steel LLC announced today it has acquired certain assets of PDM Bridge LLC, a steel fabricator with plants in Wausau and Eau Claire.
ARI acquires Duo Web Solutions
ARI Network Services, a Milwaukee-based provider of website, software and data solutions, has acquired Duo Web Solutions, a New Berlin provider of social media and online marketing services for the powersports industry.
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Zywave to sell Insurance Solutions Division
Wauwatosa-based Zywave Inc., a provider of insurance and financial planning software solutions, announced it has signed a definitive agreement to sell its Insurance Solutions Division to Aurora Capital Group, a Los Angeles-based private equity firm.
Missouri firm acquires MiTek Industries
MiTek Industries, a Berkshire Hathaway company announced today it has acquired Cubic Designs Inc., a Wisconsin-based recognized leader in the design, prefabrication and installation of custom work platforms and structural mezzanine systems used in distribution, processing, manufacturing, aerospace and other types of operating facilities.
Waterstone Bank caps quarter
Waterstone Financial Inc., the Wauwatosa-based holding company for WaterStone Bank, reported third quarter net income of $3.2 million, or 10 cents per share, compared with $8.4 million, or 54 cents per share, in the same period a year ago.
Fiserv reports solid quarter
Brookfield-based Fiserv Inc. reported third quarter net income of $159 million, or $1.21 per share, compared with $139 million, or $1.02 per share, in the same period a year ago.
