Banking & Finance
Glenn Rieder acquires San Diego company
Milwaukee-based Glenn Rieder Inc. announced that it has acquired San Diego-based Quality Cabinet and Fixture Company and its majority owned subsidiary, Quality Cabinets de Mexico S. de R.L. de C.V.
Roadrunner acquires Omaha trucking companies
Cudahy logistics provider Roadrunner Transportation Systems Inc. has acquired R&M Transportation and Sortino Transportation for $24.4 million.
Bank Mutual announces cash dividend
Milwaukee-based Bank Mutual Corp. has declared a quarterly cash dividend of $0.01 per share to be paid out on August 31 to shareholders of record as of August 17.
Wisconsin Bank & Trust to merge with First National
Heartland Financial USA has announced Wisconsin Bank & Trust will acquire First Shares Inc., the parent company of First National Bank in Platteville, for $11 million.
Area schools receive financial literacy grants
The Governor’s Council on Financial Literacy has awarded $250,000 in financial literacy grants to 24 school districts around the state, including three in the Milwaukee area.
Generac earnings down 39%
Waukesha-based Generac Holdings Inc. reported Thursday that it had second quarter net income of $9.3 million, down 39 percent from 2011 second quarter net income of $15.3 million.
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Glenn Rieder acquires San Diego company
Milwaukee-based Glenn Rieder Inc. announced that it has acquired San Diego-based Quality Cabinet and Fixture Company and its majority owned subsidiary, Quality Cabinets de Mexico S. de R.L. de C.V.
Roadrunner acquires Omaha trucking companies
Cudahy logistics provider Roadrunner Transportation Systems Inc. has acquired R&M Transportation and Sortino Transportation for $24.4 million.
Uncertainty reigns in industry survey
Manufacturers remain concerned about economic uncertainty and are proceeding with caution, if at all, according to a new survey by Milwaukee accounting firm CliftonLarsonAllen LLP.
Private equity can open the exit door
As business owners approach retirement age, they may be contemplating the most effective way to transition ownership of their...