Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Northwestern Mutual to donate $16.9 million in 2013
Northwestern Mutual has announced that its Foundation will increase its charitable donations by $200,000 in fiscal year 2013 to a total of $16.9 million.
Global View Capital launches Senior Initiative
Global View Capital Advisors of Waukesha has launched its Senior Initiative, a team of experts to help seniors and families that are caught in the “sandwich generation.”
Northwestern Mutual promotes leaders
Northwestern Mutual has announced the promotion of three executives in Milwaukee.
Restructuring charge clips Johnson Controls
Glendale-based Johnson Controls Inc. reported a fiscal fourth quarter net loss of $8.0 million, or 1 cent per share, compared with net income of $234 million, or 34 cents per share, in the same period a year ago.
Northwestern Mutual projects record dividend payout
Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. will reach another financial milestone in 2013 with its largest dividend payout ever.
Mortgages propel Waterstone Financial
Wauwatosa-based Waterstone Financial Inc. reported third quarter net income of $8.4 million, 27 cents per share, compared with a net loss of $206,000 or 1 cent per share, in the same period a year ago.
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Assisted Living Concepts may divest New Jersey properties
Menomonee Falls-based Assisted Living Concepts Inc. reported a net loss of $4.0 million in the third quarter, compared with net income of $5.8 million in the same period a year ago.
RedPrairie to acquire Arizona software firm
RedPrairie, which has an office in the Town of Brookfield, has entered into a definitive agreement to acquire Scottsdale, Ariz.-based JDA Software, creating one of the largest global software companies with combined revenues of over $1 billion.
Biz Blog: Stock market is waiting to exhale after election
The performance by the equity markets in October was in line with expectations as the presidential election cycle made its presence felt.
Roadrunner acquires California firm
Cudahy-based Roadrunner Transportation Systems Inc. announced it has acquired all of the outstanding stock of Central Cal Transportation, a Fresno, Calif.-based provider of intermodal transportation and related services.