Banking & Finance

The community of Port Washington released a collective sigh of relief with the recent announcement that Allen Edmonds Shoe Corp. will be sold to a private equity firm that is committing to keep the company's headquarters, its employees, its production and its leadership team intact.

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.

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

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.

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. 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.

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

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.

Milwaukee-based Rockwell Automation Corp. announced it has agreed to purchase Erlanger, Ky.-based Jacobs Automation, a provider of intelligent track motion control technology.