Industries

Milwaukee-based Artisan Partners Asset Management reported third quarter net income of $63.1 million, or 57 cents per share, up from $56.1 million, or 35 cents per share, in the third quarter of 2013.

Milwaukee businessman Bobby Kraft and an investor group have acquired World Marketing Inc., the marketing and direct mail division of Omaha, Neb.-based Berkshire Hathaway's Media Group. The investors will move World Marketing's headquarters and administrative operations to Milwaukee.

Brookfield-based Fiserv Inc. reported third quarter net income of $239 million, or 95 cents per share, up from $159 million, or 61 cents per share, in the third quarter of 2013.

Milwaukee-based Rexnord Corp. has acquired Tollok S.p.A. Based in Ferrara, Italy, Tollok serves a global customer base and has annual revenues of about $21.25 million.

Capital Midwest Fund has moved from Wauwatosa to Mequon.

Wauwatosa-based accounting and consulting firm Wipfli LLP has acquired Minneapolis-based security and business continuity planning provider Assurity River Group.

Brookfield-based North Shore Bank has been named among American Banker’s 2014 Best Banks to Work For.

Two banks with a strong Milwaukee market presence have activated Apple Pay services for customers.

Milwaukee has garnered three MetLife Foundation Community-Police Partnership Awards, the most any city has received since the national awards program began in 2002.

Capital Midwest Fund has moved from Wauwatosa to Mequon.