January 19, 2013
J.K. WallTen of Indiana’s largest employers—including the state of Indiana; Cummins Inc.; CNO Financial Group Inc.; Indiana,
Purdue and Butler universities; and Indiana University Health—think they have hit upon a solution.
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January 19, 2013
Greg AndrewsHHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it
used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
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January 18, 2013
J.K. WallVenture capital investments in Indiana dropped off in 2012, but local investors see the market here steadily gaining strength.
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January 17, 2013
Scott OlsonMichael Russell faces between 57 and 71 months in prison for defrauding an Indianapolis investor of $1.7 million. Two associates,
Paul Bateman, a former City-County councilor, and Manuel Gonzalez, have pleaded not guilty and are set for trial Feb. 11.
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January 12, 2013
J.K. WallColleges are experimenting with business models at a time when the ability of students and their families to pay are dropping
dramatically, and endowments and scholarship funds remain depressed.
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January 12, 2013
Kathleen McLaughlinNew soil-productivity factors issued by the Department of Local Government Finance last year would have raised tax collections
an average 18.5 percent this year.
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January 12, 2013
Greg AndrewsCEO Jeff Smulyan's supporters praise him for repositioning Emmis during a harrowing stretch for the media industry. Detractors
complain about his hefty compensation.
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January 11, 2013
Associated PressAnalyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting
that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
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January 10, 2013
Local startups Esanex Inc. and Algaeon Inc. have received $500,000 and $250,000, respectively, from Indiana Seed Fund II,
BioCrossroads' second fund to help fledgling life sciences companies.
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January 9, 2013
Bloomberg NewsBank of America Corp. plans to sell 24 branches in northern Indiana and southwest Michigan with about $779 million in deposits
to Old National Bancorp.
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January 8, 2013
Associated PressHundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say
U.S. banks may be getting the best of the deal.
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January 5, 2013
Kathleen McLaughlinYou know the investing climate is unusual when a stock’s dividend yields more than bonds issued by the same company.
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January 5, 2013
Scott OlsonKirr Marbach's 'mid-cap blend' outpaces similar Indiana-based investments.
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January 5, 2013
IBJ StaffHorizon Bancorp, 515 Franklin Square, Michigan City, Ind. 46360, operates as Horizon Bank and Heartland Community Bank.
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January 5, 2013
Chris O'MalleyCNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that
follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization,
now regard CNO as an attractive value play.
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January 5, 2013
Andrea Muirragui DavisIndiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as
any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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January 5, 2013
IBJ StaffThe Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
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January 2, 2013
Associated PressThe "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send
the stock market shooting higher Wednesday, the first trading day of the new year.
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January 2, 2013
Associated PressWhile the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase,
most of them will still end up paying significantly more federal taxes in 2013.
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December 28, 2012
Greg AndrewsThe Indianapolis-based media company had been carrying debt far above market rates, some as high as 23 percent. It also was
facing tens of millions of dollars in debt maturities in 2013 and 2014.
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December 28, 2012
Scott OlsonThe Indiana Court of Appeals affirmed Christopher White's 2009 conviction, resulting from a $500,000 bad check he wrote as
he tried to save his real estate development firm.
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December 28, 2012
Scott OlsonThe owner of the building at 4225 E. 82nd St. owes $4.9 million on a $7.4 million loan, according to the suit. The tenant,
Lifestyle Family Fitness, closed the location in November 2011.
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December 27, 2012
Dan HumanAttorneys for Dana Hurst say in a Dec. 20 court filing that David A. Noyes & Co. didn't grant her pay increases or year-end
bonuses during her last 15 years on the job, while male counterparts were better rewarded.
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December 26, 2012

The state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of
a flawless Super Bowl, and big-name CEOs were shown the door.
IBJ's reporters and editors recall the year's
biggest stories.
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December 21, 2012
A lawsuit from the lender claims that Women's Physician Group still owes $8.7 million on a $9 million loan it received for
a northwest-side building.
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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.