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30 липня, 2010 17:32
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Різне
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Regulatory agreement for Foundations Bank
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Foundations Bank said it has agreed to a voluntary consent order with the Federal Deposit Insurance Corp and the Wisconsin Department of Financial Institutions that includes a plan to strengthen the bank and enhance its overall operations Greg Kolton, president and CEO of the Pewaukee bank, said Friday the bank already implemented measures required...
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30 липня, 2010 17:32
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Різне
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Local index jump indicates improvement
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The Milwaukee area economy improved in July, according to the latest survey from the Institute For Supply Management-Milwaukee The Milwaukee index rose seven points to 66 for the month An index reading above 50 indicates growth, while a reading below 50 signals contraction A sub-index measuring new orders received was unchanged at 69 Production inched...
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30 липня, 2010 17:32
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Різне
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Downtown janitors reach tentative accord
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Janitors represented by the Service Employee International Union Local 1 have reached a tentative two-year agreement with downtown cleaning companies that would preserve health benefits and give cleaners a modest raise while controlling cleaning costs in the downtown business area, according to union representatives “We’re very pleased...
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30 липня, 2010 17:32
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Різне
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ProHealth ready to go on Sussex clinic
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ProHealth Care Medical Associates will break ground this summer on an 8,000-square-foot addition to its clinic on Corporate Circle in Sussex The expansion will create the space to accommodate additional primary and specialty care physicians, providing more health care options close to home for ProHealth Care’s patients in the Sussex area The...
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30 липня, 2010 17:32
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Різне
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Automated Health Systems to cut 160 jobs
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Automated Health Systems has filed a notice with the state that it will close its facilities in Milwaukee and Madison, resulting in the loss of 160 jobs The firm plans to lay off 38 employees at its Milwaukee facility, 6091 N Teutonia Ave, and a total of 122 employees at two sites in Madison, according to a mass layoff notice filed July 29 with the...
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30 липня, 2010 17:31
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Різне
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Newell Rubbermaid profit jumps to $130M
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Newell Rubbermaid Inc’s profit rose 23 percent in the second quarter, though revenue took a slight dip The Atlanta-based consumer products behemoth had net income of $1304 million and earnings of 41 cents a share compared with net income of $1057 million and earnings of 37 cents a share in the second quarter of 2009 Second-quarter sales dipped...
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30 липня, 2010 17:31
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Різне
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Modine reports sales, earnings increases
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Modine Manufacturing Co reported Friday that its fiscal first-quarter net income climbed to $31 million, or 7 cents per diluted share, due to dramatically improved sales in a number of its key markets, including the off-highway and commercial vehicle markets in North and South America and the premium automotive market in Europe The profit recorded...
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30 липня, 2010 17:31
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Різне
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Hoan Bridge fails to get fed funds support
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US Rep Gwen Moore’s proposal to dedicate $500,000 in federal money to redeck the Hoan Bridge along Milwaukee’s lakefront failed to be included in the 2011 federal transportation spending bill Moore (D-Milwaukee) proposed the earmark as an amendment to the 2011 US House of Representatives transportation and urban development appropriations...
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30 липня, 2010 00:51
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Різне
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Ball Corp. posts narrower earnings
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Ball Corp, a packaging manufacturer with several Wisconsin plants, reported narrower second-quarter earnings Thursday, but cited an increase in profit after excluding discontinued operations The Broomfield, Co-based packaging maker, which also has an aerospace unit, posted attributable net earnings of $69 million, or 74 cents a diluted share, for...
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30 липня, 2010 00:51
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Різне
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Waukesha County Fair draws 97,000+
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The Waukesha County Fair Association announced Thursday that this year’s fair held July 21-25 had 97,246 visitors Fair representatives said that despite strong winds, torrential downpours and an electrical storm on July 22 and early on the morning of July 24, the fair enjoyed “impressive” crowds throughout the weekend portion of...
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30 липня, 2010 00:51
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Різне
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County Board vote will restore airport maintenance positions
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The Milwaukee County Board took action Thursday to rescind the layoffs of seven airport maintenance worker assistant employees at Milwaukee’s General Mitchell International Airport The board unanimously approved a fund transfer of $129,735 that will allow the laid-off workers to return to their jobs “After five months without these key...
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30 липня, 2010 00:51
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Різне
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Sen. Kohl directs funds to jobs, education
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Four Milwaukee organizations are slated to receive a total of $26 million in federal money to fund initiatives regarding job training, education and health services, the office of US Sen Herb Kohl announced on Thursday The funds secured by Kohl, a member of the Senate Appropriations Committee, are: • Marquette University, $850,000 for its Comprehensive...
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30 липня, 2010 00:51
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Різне
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Floods cause est. $6.5M at MPS buildings
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Recent flooding has caused about $65 million in damage to Milwaukee Public Schools Most of the district’s estimated clean-up costs are due to work associated with cleaning up the water and mud at Riverside High School, 1615 E Locust St on Milwaukee’s east side Instruments in the band room, as well as computers and engineering equipment...
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30 липня, 2010 00:51
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Різне
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Wheaton shifts center as result of floods
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The Glendale Family Care Center has been temporarily relocated to Wheaton Franciscan - St Joseph Campus following major flooding on July 22 According to Glendale-based Wheaton Franciscan Healthcare, triage, obstetrical care and urgent care services are being offered on the St Joseph Campus, 5000 W Chambers St, Milwaukee Patients are being notified...
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29 липня, 2010 18:21
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Різне
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Valuation Research doubted in Tribune case
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Valuation Research Corp, which is based in Milwaukee, has been criticized by a bankruptcy court examiner in the Tribune Co’s Chapter 11 case, according to a report Wednesday in The Wall Street Journal The Journal calls Valuation Research “a little-known valuation firm that proved to be a pivotal player” in Tribune’s failed...
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29 липня, 2010 18:21
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Різне
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Case-Shiller: Milwaukee home prices up 0.8 percent
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In the first quarter of 2010, the Milwaukee metro area trailed US single-family home prices, which rose an average of 2 percent over a year ago Metro Milwaukee home prices increased 08 percent in the first quarter from the first quarter of 2009, according to figures released Thursday by Fiserv Case-Shiller Home Price Insights Home prices in greater...
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29 липня, 2010 18:21
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Різне
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State receives $46.5M for rail project
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The state of Wisconsin received $465 million in stimulus money to pay for engineering and design work on the Milwaukee-to-Madison high-speed rail corridor The money is part of the $822 million in high-speed rail grants the state received in January from the American Recovery and Reinvestment Act The state had previously received $57 million to perform...
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29 липня, 2010 18:21
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Різне
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Wisconsin Energy reports 2Q earnings jump
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Wisconsin Energy Corp said Thursday that increased demand for electricity across all customer groups in the second quarter drove net income from continuing operations to $875 million, or 74 cents a share, up from $63 million, or 53 cents a share, for the second quarter of 2009 The Milwaukee owner of branded power utility We Energies said its second-quarter...
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29 липня, 2010 18:21
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Різне
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Sections of Bayshore anchors reopen after floods
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Portions of Sears Roebuck & Co and Boston Store reopened Wednesday at Bayshore Town Center in Glendale after cleanup from July 22’s overwhelming rains Both stores took on significant amounts of water from entrances and overwhelmed sump pumps, with Sears being the hardest hit, said Chris Jaeger, Bayshore general manager About two-thirds of...
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29 липня, 2010 18:21
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Різне
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Southwest posts record quarterly profit of $112M
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Southwest Airlines posted a profit of $112 million, or 15 cents per share, for the second quarter of 2010, as the airline saw traffic levels rise and total operating revenue reach a quarterly record of $32 billion The results mark a 23 percent increase for Dallas-based Southwest (NYSE: LUV), when compared with its second-quarter 2009 profit of $91...
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