First Business

April 25, 2013

Milwaukee apartment rents expected to climb

The opening of 1,000 new apartments in the Milwaukee area this year will slightly boost vacancy rates, but rental rates are expected to grow 4 percent, reaching $934 a month by year;;;s end, according to Marcus & Millichap.Overall, the apartment …
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April 25, 2013

Rick Perry out-bravados Walker in recruiting Illinois businesses

The state of Wisconsin;;;s advertising that targets Illinois businesses looks downright tame next to the in-your-face new campaign from the state of Texas.A full-page color ad in the latest edition of Crain;;;s Chicago Business includes an open …
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April 25, 2013

Rockwell CEO: Disappointing Asia led to cut in sales forecast

Rockwell Automation Inc. cut its performance outlook for the year slightly after sales in the Asia-Pacific region disappointed for the second consecutive quarter.Not including acquisitions and divestitures, sales fell 9 percent in that region last …
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April 25, 2013

Shorewood tops U.S. News list of top Wisconsin public high schools: Slideshow

U.S. News & World Report has announced its 2013 rankings of best public high schools, with 46 Wisconsin schools earning silver medals and 66 taking a bronze. To see the 20 best high schools in Wisconsin, check out the attached slideshow.One gold …
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April 25, 2013

Summerfest adds Grafton music company K-Nation as sponsor

Summerfest has added an additional sponsor to the Cascio Interstate Music Stage, the festival said Wednesday.K-Nation Entertainment, a record label and musician management group based in Grafton, will sponsor the newly named K-Nation/Cascio …
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April 25, 2013

Wisconsin legislators unveil venture capital bill to invest in startups

Wisconsin legislators announced a long-awaited venture capital bill Wednesday that is smaller in scale than a proposal from the the last legislative session but that leaders say has a better chance of passing.Gov. Scott Walker proposed $25 million …
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April 24, 2013

A.O. Smith 1Q sales up 9% on U.S., China demand

A.O. Smith Corp. said Tuesday its fiscal first-quarter profits decreased on a restructuring charge and pension costs, but its net sales rose 9 percent on higher sales in the United States and China.A.O. Smith (NYSE: AOS), the Milwaukee-based …
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April 24, 2013

Donald Driver, BMO Harris announce community awards program

Donald Driver is working with BMO Harris Bank on a new awards program to honor community leaders, he said Monday in a news release.The Donald Driver Foundation will present the first ;;;Driven to Achieve Awards presented by BMO Harris Bank;;; in …
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April 24, 2013

Impact of O'Hare, Midway furloughs expected to start this week

Wisconsin travelers heading to O;;;Hare and Midway airports have not yet been affected much by air traffic control furloughs, but that is likely to change later this week, according to a report by the Chicago Sun-Times.At least one official told the …
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April 24, 2013

Johnson Controls 2Q profits down on restructuring charges, Europe

Johnson Controls Inc. on Tuesday reported that second-quarter profits plummeted 61 percent on restructuring and non-recurring tax charges as well as lower sales that continue to be weighed down by Europe;;;s struggling economy.Johnson Controls …
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April 24, 2013

Manufacturing, construction, staffing - Top 25 list surveys due

Surveys have been sent out for some of the upcoming Top 25 lists that run in The Business Journal and at the end of the year in the Book of Lists. And your company could qualify - but only if you've completed a questionnaire.To appear on most lists …
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April 24, 2013

Milwaukee-area firms win 2013 SBA Wisconsin Business Awards

Officials from eight Milwaukee-area businesses were named winners in the U.S. Small Business Administration 2013 Wisconsin Business Awards announced this week.Small Business of the Year went to Tom Nieman, of Fromm Family Foods in Mequon.Fromm is a …
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