Banking & Finance

New Jersey firm completes acquisition of Diversey Holdings

Sealed Air Corp. of Elmwood Park, N.J., announced it has completed its previously announced acquisition of Sturtevant-based Diversey Holdings Inc., a leading solutions provider to the global cleaning and sanitation market.

Marquette College of Engineering receives $5 million gift

An alumni couple has donated $5 million to the Marquette University College of Engineering to establish an endowed chair in electrical engineering, Opus Dean of Engineering Robert Bishop announced.

Wells Fargo to lay off 31

Wells Fargo & Company informed the Wisconsin Department of Workforce Development last week it will permanently eliminate 31 employees at its 100 E. Wisconsin Ave. location in Milwaukee.

Defense investment group to benefit Wisconsin Technology Council

The Wisconsin Technology Council has announced a partnership with Monument Capital Group LLC of Washington, D.C.

Millennials uncertain about the future in shaky economy

The youngest generation in the workforce, Millennials, have low rates of financial independence and confidence about their futures, according to a recent survey by Pittsburgh-based PNC Bank.

Retirement plans more important than ever

With so much volatility in the current economic climate and uncertainty about what lies ahead, retirement may seem like a distant goal for many professionals. But strategic planning might be even more important as the future of historically reliable retirement income sources like social security and health care assistance like Medicare become even more uncertain.
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Marcus Corp. to webcast annual meeting

The Marcus Corp. announced it will webcast its 2011 annual meeting of shareholders live from Milwaukee on Tuesday, Oct. 11.

Better Business Bureau warns of timeshare reseller scam

The Better Business Bureau is warning timeshare owners who are trying to sell or rent their timeshares to beware of a Las Vegas-based company, City Resorts, after two Wisconsin residents lost almost $3,500 in an alleged scam.

Great Lakes Friction owners acquire assets of Indiana firm

Chris and Joey Butzen, the owners of Milwaukee based Great Lakes Friction Products, have purchased the assets of Carlisle Industrial Brake & Friction Inc., which had closed its doors in Logansport, Ind., late in 2010.

SABMiller to finally acquire Foster’s

SABMiller Plc, the London-based parent company of MillerCoors, confirmed it will acquire Foster’s Group Ltd. with a sweetened offer of $9.9 billion for Australia’s biggest brewer.

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