Banking & Finance
Write-down takes toll on Actuant
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.
Merrill Hills Country Club sold to The Legend for $3 million
The Legend Clubs, owned by Jack Gaudion and Risa Kuhlman, who co-own The Legend at Brandybrook in Wales and The Legend at Bristlecone in Hartland, has purchased Merrill Hills Country Club in Waukesha for $3 million, according to state records. The sale was recorded Wednesday, June 19.
Rexnord public offering priced at $16 per share
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.
Vanderpoel joins Schenck M&A team
Corey Vanderpoel has been named a managing director at Schenck M&A Solutions. He will be responsible for providing M&A advisory services to new and existing clients.
First Bank Financial Centre collecting supplies for tornado victims
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.
WaterStone expands board
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.
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BizTimes cover story: Is now the time to cash in your chips?
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.
Investor urges breakup of Smithfield Foods
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.
Write-down takes toll on Actuant
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.
Rexnord public offering priced at $16 per share
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.
