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Banking & Finance
State public company execs grab up stock as prices fall
December 1, 2008
J.K. WallThe unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
MoreIndiana bankruptcies soar
December 1, 2008
Peter SchnitzlerIndiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts
say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
MoreStudy says most U.S. pensions are poised to recover
December 1, 2008
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.
MoreAnalyzing intrinsic value unearths some bargain stocks
December 1, 2008
Ken Skarbeckinvestors looking at business valuations likely will conclude there are companies selling at
prices less than their intrinsic values.
MoreCompanies face pension-plan shortfalls
November 24, 2008
Chris O'MalleyPrivate employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
MoreBillions lost in state pension-fund fallout
November 24, 2008
Peter SchnitzlerIndiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
MoreCentral Indiana colleges on alert to slow spending
November 24, 2008
J.K. WallMost colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
MoreLean companies have best chance to survive
November 24, 2008
Jean WojtowiczMake your business look as attractive as possible to your banker because you are competing for financing with other small
businesses.
MoreFishers tables $100M development
November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
MoreFed's TARP changes adding to anxieties
November 17, 2008
Ken SkarbeckExperts with the Troubled Asset Relief Program, the government's financial bailout program, are struggling to figure out how
best to relieve America's financial mess.
MoreIndyFringe leads effort to build artists' apartments
November 10, 2008
Kathleen McLaughlinIndy Fringe executive director Pauline Moffat and Gary Reiter, a board member of the Indianapolis Theatre Fringe Festival
Inc., want to build an affordable live-work complex near Massachusetts Avenue.
MoreBailout helping PNC take over NatCity
November 3, 2008
Cory SchoutenAfter a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based
PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
MoreDuke founder Wynne loses out using company stock as collateral
November 3, 2008
Greg AndrewsRetired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using
company stock as collateral for a multimillion-dollar loan in his investment account.
MorePlan trustees under increasing scrutiny
November 3, 2008
Steve WylamTimes have changed and now plan trustees must ask themselves, "Am I wiling to take the chair" and defend
my actions,
or lack thereof, in a court of law?
MoreMarket plunge makes investments in good firms a bargain
November 3, 2008
Ken SkarbeckThe stock market rout that began in September and picked up steam in October has taken some quality companies to prices that
are the cheapest they have been in decades.
MoreLending, deposits increase at credit unions despite subpar economy
November 3, 2008
Cory SchoutenWhile many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending
and other plain-vanilla banking practices.
MoreInvestments propel Baldwin & Lyons profit
July 30, 2008
IBJ StaffBaldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment
gains from recovering equity markets helped boost performance.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!