Banking & Finance

GDP grew 2.5% in first quarter

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.

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

Money events

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

New hires and promotions

Mortgage Guaranty Insurance Corporation has promoted Paul Spiroff to vice president assistant treasurer. Spiroff joined MGIC, the principal subsidiary...

U.S. Bank opens Walmart branch

U.S. Bank has opened a new branch in the Walmart store at 4140 W. Greenfield Ave. in Milwaukee.

Cleary Gull completes recap

Milwaukee-based investment banking firm Cleary Gull Inc. has advised Vanguard Graphics International LLC in its recapitalization by Kansas venture Capital Inc., Capital for Business, Jefferson Capital Partners and key members of management.
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Neighborhood Stabilization fund replenished

Five banks with a local presence have contributed $2.5 million in capital to a loan pool that will fund the City of Milwaukee’s Neighborhood Stabilization Program efforts.

Master Lock workers to demonstrate

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.

Harley earnings rev up

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.

New ACG report tracks Wisconsin’s M&A deals

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.

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