Banking & Finance

Milwaukee-based MGIC Investment Corp. continues to post hefty losses. The company today reported a first quarter net loss of $72.9 million, or 31 cents per share, up significantly from a net loss of $19.56 million, or 10 cents per share, in the first quarter of 2012.

Members of United Auto Workers Local 469 plan to demonstrate today at the shareholders meeting for Master Lock parent company Fortune Brands Home & Security Inc. in Wheeling, Ill.

Milwaukee-based Harley-Davidson Inc. reported first quarter net income of $224.1 million, or 99 cents per share, up from $172 million, or 74 cents per share, in the same quarter a year ago.

In 2011 and 2012 combined, there were nearly 500 mergers and acquisitions completed that involved Wisconsin-based companies. About 285 involved a Wisconsin-based seller and 289 involved a Wisconsin-based buyer.

Westbury Bancorp Inc., the West Bend-based holding company for Westbury Bank, has completed its stock offering in connection with the mutual-to-stock conversion of WBSB Bancorp MHC.

Industry experts to be featured in the upcoming BizTimes M&A Forum are expressing confidence in the outlook for the mergers and acquisitions market.

Despite signs of economic recovery, a new survey says Americans' confidence in their ability to afford a comfortable retirement remains at historic lows as workers appear to be grasping the realities of what they need to save.

First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, reported record first quarter net income of $3.2 million, up 47 percent from $2.2 million in the same period a year ago.

The Federal Reserve Board on Wednesday announced that the redesigned $100 note will begin circulating on Oct. 8, 2013.

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.