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Biz Report Archive

Title Issue

Angry shareholders group files suit against Promega, Linton

According to a story today at madison.com, a a group of disgruntled, longtime shareholders have filed a lawsuit against Fitchburg-based Promega Corp. and Bill Linton, the company's founder and CEO, claiming “shareholder oppression.”

July 2016

Downtown post office moving to Square

To accommodate renovations of the Madison Municipal Building, the U.S. Postal Service office in downtown Madison will permanently relocate to first-floor space in the Manchester Building, 2 E. Mifflin St. on the Capital Square on Oct. 1.

July 2016

M3 releases 2016 health benefits report

M3 Insurance released its annual 2016 Health Benefits Trend Report based on data obtained from 646 of its clients statewide.

July 2016

New west campus for Madison College

After closing its former west side location at the corner of Mineral Point Road and South Gammon Road in June, Madison College signed a five-year lease for a new west side location starting in January 2017 at 8017 Excelsior Drive.

July 2016

Exact Sciences sells shares

Exact Sciences Corp. will sell 8,500,000 shares of common stock at $15.50 per share to Jefferies LLC, Robert W. Baird & Co. Inc., and Canaccord Genuity Inc. as underwriters in an underwritten public offering.

July 2016

Unemployment numbers remain positive

A preliminary report from the U.S. Bureau of Labor Statistics and the Department of Workforce Development show unemployment rates in June decreasing in all 12 Wisconsin metropolitan statistical areas compared to 2015, with the largest decline (0.8%) in Janesville-Beloit.

July 2016

West Towne Sears to downsize

Seritage is planning to revamp and downsize the West Towne Mall Sears to make way for a new, 31,000-square-foot Dave & Buster’s restaurant.

July 2016

MobileIgniter to be extinguished

MobileIgniter, a Madison-based startup focusing on the Internet of Things, will shut down in August after reportedly struggling to find new clients.

July 2016

State adds 10,900 jobs

Preliminary estimates show Wisconsin adding 10,900 private-sector jobs in June, including 2,300 manufacturing jobs and 5,000 jobs in leisure and hospitality, according to the Bureau of Labor Statistics.

July 2016

WPS lands gov’t work

WPS Military and Veterans Health (WPS MVH) will take on more contract work for TRICARE, the federal health and benefits insurance for active-duty military personnel, retirees, and their families.

July 2016
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