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First Business Bank to add stock offering

First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, announced it has priced a public offering of 1.1 million shares of common stock at $23.00 per share.

Olympic skier to promote Koss headphones

Koss Corp., the Milwaukee-based high fidelity stereophone manufacturer, announced today it has formed a promotional partnership with Olympic downhill skier Julia Mancuso.

U.S. banks improved performance in 3Q

Financial institutions reported $37.6 billion in net income in the third quarter, up more than 6 percent from $35.2 billion in the same period a year ago, according to the Federal Deposits Insurance Corp.'s Quarterly Banking Profile.

Northwestern Mutual to build new office tower in downtown Milwaukee

Northwestern Mutual Life Insurance Company will announce Thursday that it plans to build a $300 million, 840,000-square-foot office tower, more than 30 stories tall, at its downtown Milwaukee headquarters campus, according to sources.

Workplace wellness lessons from the North Pole

Too often it seems that workplace wellness discussions devolve into which company has the fanciest gym equipment, or which offers the most cooking classes.

MGIC to pay Freddie Mac

Milwaukee-based mortgage insurer MGIC Investment Corporation will pay $267.5 million to Freddie Mac under a settlement to the pool insurance dispute between the companies and the Federal Housing Finance Agency.

California firm acquires assets of Sensia Healthcare

U.S. HealthWorks, one of the largest operators of occupational health care centers in the United States, announced it has acquired four health care centers and two worksites from Sensia Healthcare in Wisconsin.

MetalTek acquires Florida fabricator

Waukesha-based MetalTek International has acquired Lakeland, Fla.-based industrial metal fabrication and machining company Specialty Maintenance and Construction Inc.
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ARI completes acquisition of 50 Below

Milwaukee-based ARI Network Services Inc. announced it has completed the acquisition of the retail division assets of 50 Below Sales & Marketing Inc. of Duluth, Minn.

GDP grew faster in 3rd quarter

The U.S. economy grew much faster in the third quarter than originally reported, as the Gross Domestic Product (GDP) was revised to 2.7 percent from the original estimate of 2.0 percent, according to the U.S. Commerce Department.

U.S. Bank to acquire FSV Payment Systems

U.S. Bank, lead bank of U.S. Bancorp, announced it is acquiring Jacksonville, Fla.-based FSV Payment Systems, a prepaid card processing company known for its expertise managing a broad range of prepaid programs for companies, governments and other financial institutions.

Fiat to merge brands with Case-New Holland

Fiat Industrial S.p.A. and CNH Global N.V. announced they have entered into a definitive merger agreement to combine the businesses of Fiat Industrial and CNH, creating a new company that so far is being called NewCo.

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