Banking & Finance
National home prices surge again
U.S. home prices rose for a second month in June, according to the S&P/Case-Shiller Index, which showed the strongest back-to-back monthly advance in the more than decade-long history of the price gauge.
BMO Financial Group reports robust quarter
BMO Financial Group, the Toronto-based parent company of BMO Harris Bank, reported third quarter net income of $970 million (Canadian), up 37 percent from the same period a year ago.
Business partnerships
Brian Bautz, president of Engineered Security Solutions Inc., a full-service electronic security provider in New Berlin, merged his business with Abbott Electronic Security in Kenosha to partner with longtime colleague Andy Abbott, now vice president of operations for E.S.S. Bautz shares key factors that led them to the merger and tips on how to identify a suitable business partner.
Global economy will feel impact as Russia joins WTO
On Aug. 22, Russia joined the World Trade Organization (WTO). The entrance raises fhe questions: Will Russia follow China economic miracle? Who will benefit? Is this a competition between the U.S. and China, or just globalization?
Everyone should have an estate plan
Estate plans can take many forms and aren't only for the elderly or ultra wealthy. There are a few key factors to keep in mind that can guide your process and support your vision.
CBO warns of recession if Congress ‘goes off the cliff’
In its last forecast before the November elections, the nonpartisan Congressional Budget Office (CBO) predicted that the U.S. economy would experience a recession in 2013 if Congress decides to go off “the fiscal cliff” and allows scheduled tax increases and spending cuts to take effect in January.
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BMO announces drought relief program for farmers
BMO Financial Group announced a financial relief program to assist customers affected by dry conditions throughout much of North America, including Wisconsin.
Cleary Gull sells industrial technology company
Milwaukee M&A advisory firm Cleary Gull has completed the sale of Hi-Tech Manufacturing LLC to May River Capital LLC.
Midwest Economy Index declines
The Federal Reserve Bank of Chicago’s Midwest Economy Index declined in July to -0.10, down from +0.22 in June. This is the first time in nine months the index, which indicates Midwest growth, has dipped to below average.
Koss hopeful new headphones will revive sales
Koss Corp. reported fiscal fourth quarter net income of $931,891, or 13 cents per share, down from $1.8 million, or 24 cents per share, a year ago.