(WisBusiness) FRI News Summary — 6 Nov. 2009

Midwest Airlines acquisition hurts Republic’s profit: Republic Airways Holdings Inc. reported much smaller third-quarter profit as a result of its acquisition of Midwest Airlines.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/02/daily69.html

Firm moving ahead on wind blade factory: Energy Composites Corp., a Wisconsin Rapids manufacturer, said it has reached an agreement with the city of Wisconsin Rapids to build an advanced wind blade factory on 93 acres in a local business park.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/02/daily71.html

WPL tests biomass at Cassville power plant : Wisconsin Power & Light has started testing various types of biomass to fuel its Nelson Dewey power plant at Cassville, along the Mississippi River in Grant County.
http://host.madison.com/wsj/business/article_23df0452-ca3d-11de-913d-001cc4c002e0.html

Madison’s largest bank tries to survive mounting losses: Anchor BanCorp. Wisconsin has been one of the most battered banking operations in the Midwest. Losses are still mounting, regulators are wary and share prices for the bank, which trades under the symbol ABCW, have fallen below $1, leaving the stock in danger of being delisted by the NASDAQ exchange.
http://host.madison.com/ct/business/article_e8d102b5-34cc-51a4-8467-075713b83040.html

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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MANUFACTURING (back to top)
– Mercury deal could cost state $70 million
http://www.jsonline.com/business/69343837.html

– Big upgrades planned for Marinette, Bay shipyards
http://www.jsonline.com/business/69302137.html

LABOR (back to top)
– Businesses noted for ‘creating family-supporting jobs’
http://www.greenbaypressgazette.com/article/20091106/GPG03/911060533

– Wisconsin Department of Revenue closing Fond du Lac office
http://www.postcrescent.com/article/20091106/APC03/911060478

INVESTING (back to top)
– Biz Beat: M&I worst performing S&P500 stock over last year
http://host.madison.com/ct/business/biz_beat/article_d00a580e-ca46-11de-9fa6-001cc4c03286.html

REAL ESTATE (back to top)
– Madison: CPM Marketing buys former Emerson building
http://host.madison.com/wsj/business/article_6f347cc8-ca26-11de-9660-001cc4c002e0.html

– Behind the deal: Downturn forced developer to turn to unusual money sources
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/09/story2.html?b=1257742800^2403091

– Milwaukee: Historic brewery building will be razed
http://www.jsonline.com/business/69340697.html

TRANSPORTATION (back to top)
– Republic CEO says Midwest will likely ‘be a drag’ in 2010
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/02/daily77.html

UTILITIES (back to top)
– Integrys Energy Group plans cuts despite profit
http://www.greenbaypressgazette.com/article/20091106/GPG03/911060536

– Wind farm plan stirs debate in Brown Co.
http://www.greenbaypressgazette.com/article/20091106/GPG0101/911060568/1978/

– Critics sound off on wind farm plan
http://host.madison.com/wsj/news/local/environment/article_727d158c-4e96-535f-b664-9ce2f8814b12.html

– MGE Energy posts lower revenue and earnings
http://host.madison.com/wsj/business/article_8044d5b8-ca57-11de-b288-001cc4c002e0.html

HEALTH CARE (back to top)
– Study: Health reform boosts premium costs
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/09/story3.html?b=1257742800^2403251

FINANCIAL SERVICES (back to top)
– Credit unions may recover $82 million
http://milwaukee.bizjournals.com/milwaukee/stories/2009/11/09/story1.html?b=1257742800^2402911

MANAGEMENT (back to top)
– Executive leaves realtors association
http://host.madison.com/wsj/business/article_b49cb852-ca49-11de-9e15-001cc4c002e0.html

PRESS RELEASES (back to top)
· AFSCME: New numbers show Wisconsin’s 3rd District residents can’t wait for health care reform
· AG Van Hollen: Reminds consumers to beware of “phishing” scams
· Alliant Energy: Begins test burns of biomass in Cassville, Wisconsin
· Associated Recyclers of Wisconsin: Announces new direction and new executive director
· Career Momentum Inc.: Adds executive coaching
· Dane County: Program that grows markets for local growers celebrates record-setting season
· DWD: Secretary Gassman appoints Andy Feldman as executive assistant
· Former NRC commissioner to speak in Madison on true cost of more nuclear reactors in Wisconsin
· Gov. Doyle: To thank Mercury Marine, workers and community for pulling together
· Greater Beloit Chamber of Commerce: Career fair introduces students to range of job opportunities
· Grede Foundries: Enters into an asset purchase agreement with affiliate of Minnesota company; asks court to approve timeline for auction
· Independent Living Inc.: Awarded Subaru “Share the Love” grant
· Integrys Energy Group Inc.: Reports 2009 third quarter financial results
· International Institute of Wisconsin: Holiday Folk Fair International partners with hunger task force
· MGE Energy: Reports third-quarter earnings
· Michael Best: Welcomes two new attorneys to its Venture Best & intellectual property groups
· MMAC: September economic trends report
· UW-Eau Claire: Continuing education to offer nonprofit leadership series
· UW-Eau Claire: Small Business Development Center to offer advertising, promotion workshop
· UW-Madison: Students take environmental messages, activism local
· UW-Madison: Workshop to explore global labor standards
· Wipfli LLP: Ron Hafner joins Wipfli LLP to lead the firm’s SEC practice
· Wisconsin Credit Union League: First-of-its kind credit union CD option for the state’s EdVest college savings plan offers up to $3,000 in 2009 tax deductions per child

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82