Anchor BanCorp Wisconsin Inc. Finalizes Sale of Viroqua Branch to Royal Bank

MADISON, Wis., May 18, 2015 (GLOBE NEWSWIRE) — AnchorBank, fsb, a wholly owned subsidiary of Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW), today announced that it has finalized the sale of its Viroqua retail banking branch to Royal Bank of Elroy, Wisconsin as previously announced. The transaction closed today following receipt of the necessary regulatory approvals and […]

Read More

Kankakee paint roller company expanding, to add 40 new jobs

KANKAKEE, Ill. (AP) — A Kankakee company that makes painting tools is expanding its facility and adding jobs. The (Kankakee) Daily Journal reports (http://bit.ly/1HnbFy1 ) that J.R. Edwards Brush and Roller Inc. in June will finish a 29,000-square-foot expansion that will lead to hiring another 40 workers. The rollers produced at the factories are sold […]

Read More

Kutter Harley-Davidson sold to Delafield couple

JANESVILLE — Joanne Kutter, co-founder and owner of Kutter Harley-Davidson in Janesville and Monroe, has sold the motorcycle dealership, it was announced Monday. The dealership has been sold to Sara and Eric Pomeroy of Delafield, Wis. The dealership name in Janesville will be Boardtrackers Harley-Davidson. The Monroe dealership name will be announced at a later […]

Read More

Oreo maker Mondelez to cut up to 600 jobs at Chicago bakery

CHICAGO (AP) — Mondelez International plans to cut several hundred jobs at a Chicago bakery that makes Chips Ahoy and Oreo cookies and other snack foods. The Deerfield, Illinois-based company said Friday the total number of layoffs will depend on a decision about where to locate four new manufacturing lines. Spokeswoman Laurie Guzzinati says that […]

Read More

Kohl’s tops 1Q profit forecasts, but sales fall short

(AP) — Kohl’s Corp. reported a better-than-expected profit for its first quarter, but its revenue fell short of Wall Street forecasts. The disappointing sales figure weighed on shares in premarket trading, sending the stock down 10 percent. The Menomonee Falls, Wisconsin-based company reported fiscal first-quarter earnings of $127 million, or 63 cents per share. The […]

Read More

Laid-off Wisconsin workers to get jobs at Minnesota firm

SLINGER, Wis. (AP) — A Minnesota home care company plans to hire hundreds of employees who will lose their jobs when a Wisconsin long-term care nonprofit ceases operations this month at 11 locations. Aderonke and Michael Mordi, president and vice president International Quality Homecare Corp., have announced they will hire at least 500 GeminiCares workers. […]

Read More

Moody’s downgrades Chicago credit rating to junk bond status

CHICAGO (AP) — Moody’s Investors Service announced Tuesday it has lowered Chicago credit rating to junk bond status, citing unfunded pension obligations and lagging tax revenue, in a move Mayor Rahm Emanuel called irresponsible. Moody’s downgraded the city’s debt rating on bond issues backed by property, sales and fuel tax revenue to Ba1, one notch […]

Read More

Bankrupticies Rock/Winnebago Counties, April 2015

Bankruptcies Below are the initial filings of bankruptcies in Rock and Winnebago Counties, for the dates specified. ROCK COUNTY CHAPTER 7 April 2 Kristy L. Hollibush; 2027 Shopiere Road, Beloit; Case no. 3-15-11201 April 3 Elizabeth C. Waldoch; 10311 W. Laird Road, Beloit; Case no. 3-15-11212 April 7 Devin A. aka Devon A. Glick & […]

Read More

Real estate firm DTZ buying Cushman & Wakefield for $2.04B

(AP) — Cushman & Wakefield and DTZ say they will combine in a deal creating one of the world’s largest real estate companies. Exor SpA, an Italian investment firm that owns most of Cushman & Wakefield, said Monday that DTZ will buy Cushman for $2.04 billion. The two privately-held companies say that together, they will […]

Read More

ABC Supply Honored with Ninth Consecutive Gallup Great Workplace Award Company is One of Only Three Worldwide to Receive Award Every Year Since its Inception

BELOIT, Wis. – For the ninth time, building products distributor ABC Supply Co., Inc. has been honored with the Gallup Great Workplace Award, which recognizes the best-performing workplaces worldwide. The company is one of only 40 in the world to receive the 2015 award. It also is one of only three nine-time winners, having received […]

Read More

Stocks