October 31, 2011
J.K. WallIndianapolis-based Westview Hospital might be on the hook for $160,000 because its advisers used a fax machine to tell Lehman
Brothers it was canceling a financial agreement.
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October 27, 2011
Associated PressThe Dow Jones industrial average surged nearly 340 points Thursday after European leaders agreed on a deal to slash Greece's
debt load and prevent the crisis there from engulfing larger countries like Italy.
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October 26, 2011
IBJ StaffNew York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from
the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
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October 25, 2011
IBJ Staff and Associated PressCarmel-based life and health insurer CNO Financial Group Inc. said Tuesday that its third-quarter earnings jumped nearly four
times over last year's third-quarter results, but mostly because of a one-time tax-related gain.
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October 21, 2011
Scott Olson
In order to get the U.S. economy to grow at a respectable 3-percent annual rate, the government needs to get a grip
on the debt crisis while corporations needs to start spending the money they've stockpiled.
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October 20, 2011
Bloomberg NewsIndiana Pacer Jeff Foster has played in the NBA for 12 years and earned more than $47 million, and he’s done something extraordinary:
He’s saved about three-quarters of his take-home pay.
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October 19, 2011
Associated PressPNC Financial Services Group Inc., which has about 1,200 employees and 88 branches in the Indianapolis area, made less money
from loans, deposits, fees and charges in the third quarter.
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October 17, 2011
Even if everyone who owed Durham money paid him—which seems unlikely—his assets still would be a fraction of his
debts.
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October 15, 2011
IBJ StaffThe federal Dodd-Frank act shifts firms from Securities and Exchange Commission oversight.
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October 15, 2011
Francesca JaroszTough economy, regulations dampen interest in the positions.
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October 15, 2011
Scott OlsonFifth Third among them, after being hit with class action over whether to pay customers' biggest bills first.
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October 15, 2011
Greg AndrewsCracker Barrel Old Country Store Inc. has rejected Biglari’s request that directors appoint him and business partner
Phil Cooley to the board. It also has rolled out a “poison pill” plan that would deter outside investors from
taking over the business without negotiating with the board first.
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October 8, 2011
Tawn ParentThe recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent
from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.
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October 6, 2011
Columbus-based Indiana Community Bancorp, parent of Indiana Bank & Trust, said it will write off $13.3 million for the third
quarter, primarily due to nine commercial customers in the Indianapolis area with total loan balances of $32.7 million.
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October 5, 2011
Associated PressIndianapolis-based shopping mall giant Simon Property Group Inc. has received a new $4 billion unsecured revolving credit
facility.
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October 4, 2011
Francesca JaroszThe parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. The original shareholders
of Centaur Inc., about 80 individual Indiana investors, lost their entire investment in the company.
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October 3, 2011
Scott OlsonHofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in
a national consultant to oversee a huge sale that would begin next month and last until February.
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October 1, 2011
Kathleen McLaughlinFifth Third Bank executive Kevin Hipskind's experience as a patient in the burn unit of Wishard Hospital played a role
in a $5 million gift the Cincinnati-based bank is making for Wishard’s new Eskenazi Hospital, under construction at
IUPUI.
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October 1, 2011
Greg AndrewsThe bankruptcy trustee's suit against the top three officers of the bank's parent seeks more than $500 million.
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September 30, 2011
J.K. WallPaul M. Pittman, one of four principals in a troubled Indianapolis-based condo developer, filed personal bankruptcy this week.
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September 30, 2011
The Indianapolis-based company that makes software to manage fee collections and enforcement for parking violations said it
will use the funds to expand.
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September 29, 2011
Anthony SchoettlePaul Estridge Jr. owes a list of creditors including banks, suppliers and vendors more than $50 million, but has assets of
less than $5 million, he said.
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September 29, 2011
Scott OlsonFormer Indianapolis developer Sydney "Jack" Williams admitted to failing to report $6.4 million in income from 2004 through
2007 that he earned from Miami Beach, Fla.-based Capitol Investments, run by CEO Nevin Shapiro.
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September 28, 2011
Scott OlsonWarren Buffett joined other investors and Indianapolis community leaders Wednesday morning for a ribbon-cutting ceremony at
the $27 million East Village at Avondale apartment project.
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September 27, 2011
The investment from Allos Ventures in Carmel and MK Capital in Northbrook, Ill., will help the company expand into more cities.
BidPal uses wireless handheld devices to automate charitable auction bidding.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."