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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Odd behavior of equity, fixed income markets may be ominous
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The outperformance of low-risk assets like utility stocks and Treasury bonds might indicate that investors think U.S. growth will stall or that economic turmoil is fast-approaching in the eurozone.

Adopt a buying discipline to protect against a volatile market
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When it’s difficult to predict which way the next swing will go, investors need a buying discipline, said George V. Reis, president of GVR Investment Management Inc.

Port Washington housing development to offer lake views, winery
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If Cedar Vineyard proceeds, the result would be unique for Wisconsin: a residential development tied to a vineyard and winery— all overlooking Lake Michigan.

New Briggs&Stratton lawn mower engine never needs an oil change
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The new four-stroke engine is sealed tighter so that dirt doesn’t get inside and contaminate the oil, and it runs cooler so that heat doesn’t break down the oil.

IRS claims Carmex owners owe $152 million in taxes, penalties
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The Internal Revenue Service is tangling with the owners of Carma Laboratories in a tax dispute that is drawing widespread attention among professionals who advise wealthy clients on their estates.

Parking garages fall to wrecking ball
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Decades after cities tore down buildings and replaced them with parking structures, communities across the country are demolishing the garages and putting up buildings again

Distinctive Guitar plays to popularity of boutique instruments
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The market for these guitars, most of them priced between $3,000 and $7,000, is narrow. But it has been growing, thanks in large part to aging baby boomers.

New Lexus NX hybrid boasts sporty look but bland performance
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I love the angular looks of the 2015 Lexus NX, but I couldn’t warm to the overall hybrid experience.

Business in Wisconsin
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Business in Wisconsin publishes items of interest about Wisconsin businesses.

Southwest adding nonstop service between Milwaukee, Dallas
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Southwest Airlines said Friday that it is adding nonstop service to Dallas Love Field from Mitchell International in Milwaukee beginning in April.

Stan's Fit For Your Feet to stage 'Share-A-Pair' shoe drive
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Stan’s will collect donated “new or gently used shoes” and give them to Repairers of the Breach, a shelter for the homeless; Father Gene’s HELP Center in West Allis; and to needy people in Guatemala.

Westbury Bancorp quarterly earnings rise sixfold
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The parent company of Westbury Bank saw fiscal first-quarter profits increase more than sixfold as net interest income rose and expenses were pared.

Kalmbach Publishing eliminates 15 jobs
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Kalmbach Publishing Co. has cut 15 positions amid continued sluggishness in the magazine business.

JPMorgan Chase gives $100,000 to Milwaukee 7 to expand exports
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As part of a national effort to improve the U.S. trade deficit, JPMorgan Chase said Friday it’s giving $100,000 to the Milwaukee 7, a coalition of leaders dedicated to increasing exports in the Milwaukee area.

Ward4 Milwaukee start-up hub signs first tenants
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Ward4 Milwaukee, a start-up hub planned for the Pritzlaff building complex south of downtown, said Friday it has signed the law firm of Quarles& Brady and start-up trainer gener8tor as its first two tenants.

Plan calls for upscale apartments at International Building on National Ave.
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A well-known Walker's Point office building recently acquired by the City of Milwaukee would be sold to investors for conversion into apartments, under a new proposal.

U.S. economy grew more slowly than expected in fourth quarter
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Washington -- The economy in the U.S. expanded at a slower pace than forecast in the fourth quarter as cooling business investment, a slump in government outlays and a widening trade gap took some of the luster off the biggest gain in consumer spending in almost nine years.

Manufacturing index drops in January, but still signals growth
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A monthly index that tracks the health of manufacturing in southeastern Wisconsin and northern Illinois fell in January but remained in positive territory.

Manitowoc 4Q earnings miss analysts' estimates
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Manitowoc Co. on Thursday reported a higher fourth-quarter profit but missed Wall Street's expectations and said sales fell in its crane and food-service equipment businesses.

Business Index
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