Banking & Finance
Baird downgrades rating for Brady Corp. stock
Robert W. Baird & Co. Inc. downgraded Milwaukee-based Brady Corp.'s stock from “outperform” to “neutral” with a price target of $33.00, down from $41.00, after a disappointing quarterly report Thursday.
Acuity to add jobs by expanding territories
Sheboygan-based Acuity announced it is open for business in Wyoming and Montana and has begun appointing agents in those states.
Nonprofit acquires Milwaukee Breakwater Lighthouse
A local nonprofit organization announced it has acquired the Milwaukee Breakwater Lighthouse from the federal government and has plans to restore the 87-year-old structure and make it accessible to the public.
Wisconsin Bank & Trust holding open house
Wisconsin Bank & Trust will host an open house at its new mortgage loan origination office in Brookfield on Tuesday, September 24, from 4 p.m. to 7 p.m.
Ziegler growing Milwaukee team
B.C. Ziegler and Company has announced it will be hiring nine new advisors in the Milwaukee market over the next three years.
Baird inks deal with Dearborn Partners
Robert W. Baird & Co. Inc.’s fixed income asset management division, Baird Advisors, has signed a deal in which it will directly advise clients of Dearborn Partners LLC.
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Bankers more bullish on economy
Bank directors have become more optimistic about economic improvement, with 43 percent expecting recovery progress by the end of the year, up from 13 percent in 2012, according to a survey by Bank Director and Grant Thornton LLP.
Case is new CFO of Annex Wealth Management
Melissa Case has been named chief financial officer of Elm Grove-based Annex Wealth Management.
Johnson Controls adds executive to focus on acquisitions
Glendale-based Johnson Controls Inc. has named William Jackson as executive vice president of the company's newly created Corporate Development function.
Jackson will report to vice chairman Alex Molinaroli.
Jackson will report to vice chairman Alex Molinaroli.
Roadrunner Transportation acquires Arkansas firm
Roadrunner Transportation Systems Inc. has acquired all of the outstanding equity of G.W. Palmer Logistics, LLC, a non-asset truckload service provider based in Batesville, Ark.