First Business

July 31, 2012

Slideshow: Downtown employee appreciation week drawing big crowds

Anyone driving near Red Arrow Park in downtown Milwaukee this week over the lunch hour has noticed the huge crowds.The crowds are attending events for the annual Downtown Employee Appreciation Week, which is organized by Milwaukee Downtown Business …
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July 31, 2012

Johnson Health Tech acquires Magnum Fitness

Magnum Fitness, a manufacturer and marketer of high-quality performance strength equipment based in South Milwaukee, has been purchased by Taiwans Johnson Health Tech Inc., the parent company of fitness brands Matrix, Vision, and Horizon.For more …
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July 31, 2012

Zaffiro's to open Friday at Ridge Cinema

Marcus Theatres will open its third Zaffiro's Pizzeria & Bar on Friday at Ridge Cinema in New Berlin, the company said Tuesday in a news release.The 165-seat restaurant will offer pizza, homemade gelato and a full-service bar. It will offer …
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July 31, 2012

Guaranty Bank to sell Shelter Mortgage

With its regulatory capital levels continuing to plummet, Brown Deer-based Guaranty Bank said it is completing the sale of its Shelter Mortgage division to improve the banks capital position.The transaction will be completed this fall, Guaranty Bank …
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July 31, 2012

Lush Cosmetics to open at Mayfair

A new makeup store is coming to Mayfair, according to a news release issued Tuesday.Lush Cosmetics will open in mid-August at the Wauwatosa mall, the release said. It is the first stand-alone store in the Milwaukee area for Lush, which also has a …
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July 31, 2012

Wausau Paper sees 2Q sales, profit decline

Wausau Paper Corp. reported lower second-quarter income from continuing operations because of a dip in sales and costs associated with an expansion of its tissue operations in Harrodsburg, Ky.Mosinee-based Wausau Paper (NYSE: WPP), which produces …
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July 31, 2012

Twin Disc reports lower quarterly earnings, record year

Twin Disc Inc. reported Tuesday lower sales and earnings in its fiscal fourth quarter, impacted by a softening in demand in the once red-hot oil and gas markets and a significant impairment charge that hit the books.Racine-based Twin Disc (Nasdaq: …
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July 31, 2012

Anheuser-Busch InBev profit grows while sales decline

Anheuser-Busch InBev, the worlds largest brewer and the largest domestic competitor to Miller Lite and Coors Light brewer MillerCoors LLC, reported a profit of $2.4 billion in its second quarter ended June 30, up 24 percent from the same quarter a …
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July 31, 2012

Chippewa Falls OKs drawing up development agreement with SEH

The city of Chippewa Falls is paving the way for consulting firm Short Elliott Hendrickson to move its Chippewa Falls office to a downtown location as part of a massive redevelopment effort by the city.
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July 30, 2012

Milwaukee Wyndham sold to bank at sheriff's auction

U.S. Bank, the plaintiff in a foreclosure case against the Wyndham Milwaukee Airport Hotel and Convention Center, bought the hotel for $4 million in a foreclosure auction Monday, according to the Milwaukee County Sheriffs Office.The bank won a …
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July 30, 2012

Fiserv earnings increase 78.9%

Fiserv Inc. said its net income increased 78.9 percent to $161 million, or $1.17 per share, compared with $90 million, or 62 cents per share in the same quarter a year ago.Revenue increased 3.3 percent to $1.1 billion from the year-earlier …
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July 30, 2012

No surprise: Milwaukee tops in German roots

Here's a fact that probably comes as no surprise to many Milwaukeeans: out of the nation's 50 largest metropolitan areas, their hometown has the largest percentage of people with German roots.That's a big deal, because more Americans trace their …
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