Banking & Finance

Oconomowoc-based First Bank Financial Centre, in partnership with Ixonia-based COWS Mobile Storage, is building on a collection of supplies totaling nearly 1,500 pounds to benefit victims of deadly tornadoes that touched down in Oklahoma in May.
 

Wauwatosa-based WaterStone Bank SSB is adding two new members to its board of directors, expanding the group. Ellen Bartel and Kristine Rappe were appointed to the board on June 21.

The front end of the baby boom generation is is facing a crossroads. About 10,000 members of the baby boom generation turn 65 each day, a trend that will continue for the next 16 years, according to the Pew Research Center.

A major investor in Smithfield Foods Inc., the parent company Patrick Cudahy LLC, is trying to pressure the company to explore a breakup of its subsidiaries, rather than pursue a planned takeover by a Chinese meat producer.

Menomonee Falls-based Actuant Corp. reported a fiscal third quarter loss of $93.0 million, or $1.24 per share, compared with net income of $34.4 million, or 45 cents per share in the same period a year ago.

West Milwaukee-based Rexnord Corp. announced the pricing of its previously announced public offering of its common stock held by certain funds affiliated with Apollo Global Management LLC.

Barbara Ecklond, CPA, has been named principal-in-charge of the Milwaukee office of SVA Certified Public Accountants S.C.

In a rare moment of bipartisan support, the Wisconsin Legislature approved a bill today to create a $25 million state venture capital fund for startup companies in the state.

The Wisconsin Economic Future Study released today by the Wisconsin Economic Development Corporation (WEDC) says manufacturing continues to be the key economic driver industry of Wisconsin.

Barbara Ecklond, CPA, has been named principal-in-charge of the Milwaukee office of SVA Certified Public Accountants S.C.