Banking & Finance

Baird analyst remains bullish

The U.S. stock market has sputtered this week as analysts speculate that the Federal Reserve Board may be on the verge of tapering its bond-buying program and might even be pondering a slight increase in the core interest rate.

Slovenian company acquires Brookfield software firm

Euro Plus, the developer of NiceLabel software, announced it has acquired all of the assets of Brookfield-based Niceware International through its subsidiary NiceLabel Americas Inc.

Minority-owned banks pay higher CD rates

Minority-owned American banks are more generous with their customers when it comes to interest rates on certificates of deposit, according to a new study from the University of Wisconsin-Whitewater.

Roadrunner expands to the South with acquisition

Cudahy-based Roadrunner Transportation Systems Inc. has acquired the assets of the Southeast Drayage division of Transport Corporation of America Inc., a provider of intermodal transportation and related services in the Southeast.

Zeske is new vice president at Bank Mutual

Bank Mutual Corp. announced the appointment of Jeanne Zeske to vice president of commercial banking for southeastern Wisconsin.

WAMIC to host 100th convention

The Wisconsin Association of Mutual Insurance Companies will host its 100th annual convention from Sunday, September 8 to Tuesday, September 10 at the Country Springs Hotel in Pewaukee.
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M&A activity flat in first half

National mergers and acquisitions activity was mostly flat in the Americas for the first half of the year, according to a report from Mergermarket and Merrill DataSite.

Waterstone Mortgage approved for Ginnie Mae

Pewaukee-based Waterstone Mortgage Corp. has been approved as a Ginnie Mae issuer for the Ginnie Mae I and II single-family mortgage-backed securities program.

Nordco acquired by NY private equity firm

Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.

BizTimes Money Weekly: New York firm acquires Nordco

Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.

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