Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Social media and high-tech tools boost nonprofit fundraising
Social media campaigns and high-tech communication tools increasingly are becoming indispensable for fundraising in the nonprofit sector.
MSO faces financial challenges
While the Milwaukee Symphony Orchestra has long been regarded as a world-class music ensemble, behind all the acclaim and recognition is a nonprofit organization that has faced significant financial challenges, particularly during recent seasons.
MGIC returns to profitability
Reflecting the growing rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. reported its first quarterly profit since 2010.
Actuant to acquire oil and gas support company
Actuant Corp. announced today it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
Dohmen sells Restat for $409.5 million
Lisle, Ill.-based Catamaran Corp. will buy Milwaukee-based Restat from its parent company, Milwaukee-based Dohmen, for $409.5 million, the companies announced today. The deal is expected to close in the fourth quarter of this year.
Waterstone income dips
Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank, reported second quarter net income of $4.9 million, or 16 cents per share, down from $6.2 million, or 20 cents per share, in the second quarter of 2012.
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Fiserv earnings down
Brookfield-based Fiserv Inc. reported second quarter net income of $151 million, or $1.13 per share, down from $161 million, or $1.17 per share, in the second quarter of 2012.
MGIC returns to profitability
Reflecting the growing rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. reported its first quarterly profit since 2010.
Harley anniversary will boost Marcus Corp.
The Marcus Corp. reported fiscal fourth quarter net earnings of $3.5 million, or 13 cents per share, down from $6.7 million, or 23 cents per share, in the same period a year ago.
Harley sales soar
Harley-Davidson Inc. reported second quarter net income of $271.7 million, or $1.21 per share, up from $247.3 million, or $1.21 per share, in the same period a year ago.