Economic Development

Paul Carbone has left his post as managing director of Baird Private Equity and has accepted a position to lead the investments of The Pritzker Group, a Chicago-based private investment firm representing the Pritzker family.

Wauwatosa-based public accounting firm Wipfli LLP and Eide Bailly of Fargo, N.D., said they have called off their plan to merge and open a corporate headquarters in Minneapolis.

Consumers are moving steadily into online, tablet and mobile banking and bill pay, according to this year’s Fiserv Consumer Trends Survey.

Waukesha-based Generac Holdings Inc. capped a record fiscal year with strong net income in the fourth quarter.

SABMiller plc and Molson Coors Brewing Company reported that MillerCoors’ fourth quarter underlying net income increased 32.5 percent to $194.0 million.

Brady Corp., a Milwaukee-based provider of identification solutions, reported a fiscal second quarter net loss of $90.0 million, or $1.72 per share, compared to a net profit of $24.2 million, or 46 cents per share, in the same period a year ago.

Manitowoc-based Orion Energy Systems Inc. announced it has received a notice from NYSE Amex LLC indicating that the company was not in compliance with the stock exchange's continued listing criteria because it did not timely file its third quarter report.

Mergers & acquisitions

M&I, now a part of BMO Financial Group, recently awarded Hunger Task Force with a check for $76, 650.

Baker Tilly Virchow Krause LLP announced it will move its Milwaukee office from the Honey Creek Corporate Center on the city’s west side to the U.S. Bank Center in downtown Milwaukee.