Banking & Finance

Profits for Waukesha-based Generac Holdings Inc. surged in the first quarter by 68.4 percent. The company reported first quarter net income of $50.7 million, or 73 cents per share, compared to $30.1 million, or 44 cents per share for the first quarter of 2012.

Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank, reported first quarter net income of $4.6 million, or 15 cents per share, up from $2.2 million, or 7 cents per share, in the same period a year ago.

The Milwaukee chapter of the American Society of Women Accountants has changed its name to the Accounting & Financial Women’s Alliance following a name change enacted by the national organization.

Milwaukee-based Artisan Partners Asset Management Inc. reported net income of $3.0 million, or 19 cents per share, in its first quarter as a publicly traded company.

Chicago-based accounting, tax and advisory firm Baker Tilly Virchow Krause LLP will merge with New York-based Holtz Rubenstein Reminick LLP on June 1.

Jacksonville, Fla.-based FIS notified the Wisconsin Department of Workforce Development that it will close its facility at 1515 N. Rivercenter Drive in Milwaukee and lay off about 301 employees.

Irvine, Calif.-based CoreLogic, a residential property information, analytics and services provider, announced the acquisition of Case-Shiller from Brookfield-based Fiserv Inc.

The U.S. gross domestic product grew at a 2.5 percent rate in the first quarter, up from 0.4 percent in the previous quarter, as consumer spending surged.

BizTimes Media LLC is accepting registrations for business executives to attend the 2013 BizExpo, the largest business-to-business conference in the state.

Summit Credit Union will host a Free Homebuyers Seminar on Wednesday, May 1, from 6 to 8 p.m. at...