Banking & Finance

William Nasgovitz, chairman, chief investment officer, and portfolio manager at Heartland Advisors Inc. in Milwaukee, has been quoted in a new book, “The Art of Value Investing: How the World’s Best Investors Beat the Market” by John Heins and Whitney Tilson.

When the North Shore Bank at 4230 W. Oklahoma Ave. in Milwaukee was robbed recently, Alderman Joe Dudzik chased down the suspects.

Sarah Schott has been promoted to executive officer, vice president and chief compliance officer at Northwestern Mutual. She will lead the compliance/best practices department.

Scott Satterwhite, co-founder of the U.S. Value Team at Artisan Partners LP in Milwaukee, has advised the firm he plans to retire in three years. He will continue as a portfolio manager until September 2016.

Waukesha-based Generac Holdings Inc. has signed an agreement to acquire Baldor Electric Company's generator products division, which is based in Oshkosh.

Menomonee Falls-based Actuant Corp. reported fiscal fourth quarter net earnings of $58.3 million, or 78 cents per share, up from a net loss of $16.5 million, or 22 cents per share, in the same period a year ago.

Scan-Pac Mfg. Inc. has purchased another manufacturing facility adjacent to its headquarters in Menomonee Falls and plans to expand its business.

Warren, Mich.-based Production Tool Supply Co. has acquired Menomonee Falls-based KM Tool Supply Ltd.

Lisle, Ill.-based KONE Inc. announced today the acquisition of TSR Elevator Company Inc., an independently-owned elevator company in Green Bay.

Warren, Mich.-based Production Tool Supply Co. has acquired Menomonee Falls-based KM Tool Supply Ltd.