February 21, 2012

BMO buys stake in Chinese trust company

The Bank of Montreal, looking to expand its wealth management business in China, bought a 19.99 percent stake in Cofco Trust Co., Reuters and the Financial Post reported.Toronto-based BMO, which owns BMO Harris Bank in the United States, did not …
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February 21, 2012

S.C. Johnson to put wind turbines on Arkansas office

Consumer products giant S.C. Johnson & Son Inc. said Tuesday that it will install three mini wind turbines on the roof of its Lowell, Ark., sales office this spring to provide renewable energy for the facility.S.C. Johnson, the maker of Glade air …
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February 21, 2012

Macy's income jumps 48% in 2011

Macy's Inc. posted another year of growth in sales, earnings and cash flow, exceeding expectations.Cincinnati-based Macys (NYSE: M) had net income of $745 million, or $1.77 per share, in the quarter versus net income of $667 million, or $1.57 per …
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February 21, 2012

Sajan reports fourth-quarter profit

Sajan Inc., a River Falls provider of language translation software, swung to a profit for the fourth quarter on the sale of intellectual property and an increase in revenue.Sajan (OTCBB: SAJA) reported net income for the fourth quarter of 2011 of …
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February 21, 2012

Times and Rosebud cinemas to close

The Times and Rosebud cinemas will close the first week of March after the lender foreclosed on the properties, according to a news release from the owner.The Times, 5906 W. Vliet St., Milwaukee, and Rosebud, 6823 W. North Ave., Wauwatosa, are two …
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February 20, 2012

Baldwin says she seeks to end Chinese 'cheating'

Democratic U.S. Senate candidate Tammy Baldwin said Monday she has worked hard to improve the position of Wisconsin manufacturers competing with Chinese companies that are subsidized by their government.Baldwin, who is a U.S. Representative from the …
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February 20, 2012

Regulators take over Kenosha credit union

The National Credit Union Administration (NCUA) and the Wisconsin Office of Credit Unions has placed Kenoshas AM Community Credit Union in conservatorship and the NCUA took control of the credit union, according to the Credit Union Times.AM …
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February 20, 2012

Baker Tilly relocating to US Bank tower

Baker Tilly Virchow Krause said Monday it signed a lease for approximately 68,000 square feet at the US Bank Center in downtown Milwaukee that will house the firms Milwaukee office now located in the Honey Creek Corporate Center on the city's west …
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February 20, 2012

Packers have sold 263,000 shares of stock

The Green Bay Packers announced Monday that the team had sold 263,000 shares of stock and had cleared regulatory requirements to make the stock available for purchase in Canada.As of Feb. 14, about 17,000 shares of stock remain available of the …
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February 20, 2012

Potawatomi to renovate expo center

Potawatomi Bingo Casino is planning a renovation of its exposition center in the Menomonee Valley in Milwaukee.The 36,000-square-foot space holds events, including the annual Hunting Moon Pow Wow, but the space has an unfinished look right now, …
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February 20, 2012

Wyndham sheriff's sale set for May

A sheriff's sale of the Wyndham Milwaukee Airport Hotel and Convention Center, 4747 S. Howell Ave., Milwaukee, has been set for May 22 after a hearing last week in Milwaukee County Court.The Wyndham, the third-largest hotel in southeastern …
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February 20, 2012

Former Beloit official guilty of stealing up to $1 million

Timothy Kosier, the city of Beloit's former water resources maintenance supervisor, has pleaded guilty to stealing as much as $1 million worth of goods from the city, according to the U.S. Attorneys Office. Sentencing is scheduled for May 9 in U.S. …
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