November 02, 2011

Moody's downgrades MGIC

Moodys Investors Service has downgraded the insurance financial strength rating of Mortgage Guaranty Insurance Corp. (MGIC) to B1 from Ba3.New York City-based Moodys said Tuesday the downgrade on the Milwaukee-based private mortgage insurer to a …
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November 02, 2011

Fred Boutique to open holiday shop at Grand Ave.

Milwaukee clothing shop Fred Boutique plans to open a holiday pop-up shop at The Shops of Grand Avenue downtown, the shop said Wednesday in a news release.The shop will be on the second floor of the Plankinton building overlooking the former Linens …
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November 02, 2011

Art Museum wins again in Brand Madness

The Milwaukee Art Museum just keeps rolling along in The Business Journal's Brand Madness.The museum is known worldwide for its Burke Brise Soleil and is obviously a very popular brand in southeast Wisconsin. In its second-round match, the art …
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November 01, 2011

NorthStar receives additional funding for medical isotope program

NorthStar Medical Radioisotopes, LLC has signed a $4.6 million agreement with the National Nuclear Security Administrations Global Threat Reduction Initiative for the companys medical isotope production program.The agreement will be funded under a …
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November 01, 2011

Northwoods team name: Lakeshore Chinooks

The new Mequon team in the Northwoods Summer Baseball League will be called the Lakeshore Chinooks.The team will begin wooden-bat play in 2012 at the new Concordia University Wisconsin baseball stadium.The majority owner is Jim Kacmarcik, president …
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November 01, 2011

Power outages lead to record shipments for Generac

Generac Holdings Inc. today reported Tuesday that third-quarter net income rose to $37.4 million, or 55 cents per diluted share, compared with 23 million, or 34 cents per diluted share, for the same period last year, driven by record shipments of …
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November 01, 2011

$14 million in projects approved for Mitchell Airport

Three projects totaling more than $14 million have been approved at General Mitchell International Airport in Milwaukee, Gov. Scott Walkers office announced.Safety improvements totaling about $10.9 million have been approved for one of the runways …
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November 01, 2011

Karl's Event Services leases Oak Creek building

Karls Event Services Inc. has leased 24,000 square feet of an Oak Creek industrial building to consolidate some operations currently at other facilities in the city.The company should be up and running in December in the building in the Northbranch …
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November 01, 2011

Bon-Ton to close two stores

The Bon-Ton Stores Inc. plans to close two stores in early 2012, the company said Tuesday in a news release.Bon-Ton won't renew the leases for the Bon-Ton store in West Manchester Mall in York, Pa., which expires in January, and the Elder-Beerman …
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November 01, 2011

Johnsons wanted to maintain control of their bank

Private-equity funds showed strong interest in Johnson Bank and Johnson Financial Group, but Johnson family members ultimately decided they wanted to maintain control of their $4.2 billion financial company.That was crux of the decision for the …
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November 01, 2011

Kohl's to open at midnight Black Friday

Kohl's Corp. has joined the stampede of national retailers planning to open at midnight on Black Friday, the day after Thanksgiving that traditionally kicks off the holiday shopping season.Kohl's (NYSE: KSS), based in Menomonee Falls, will open its …
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November 01, 2011

Johnson family invests $235 million in its bank

The family that owns S.C. Johnson & Son has decided to provide the capital necessary $235 million worth to shore up the familys Johnson Financial Group and Johnson Bank.The boards of Johnson Financial Group and Johnson Bank on Tuesday announced …
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