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Finances
Analysts lower outlooks for Allison, say transmission maker vulnerable to default
March 30, 2009
Kathleen McLaughlinLocal manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it's going to weather the recession.
MoreState's gambling jackpot may have reached its limit
March 30, 2009
Peter SchnitzlerHoosiers' long ride on the gambling gravy train finally may be coming to an end.
MoreInvestment losses leave Conseco searching for $400M in horrible environment to raise capital
March 16, 2009
J.K. WallWithout fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
MoreMays upset with ex-owner of Pathway Productions
March 16, 2009
Anthony SchoettlePathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last
decade, is on the brink of extinction.
MoreProprietary developments withering from recession
March 16, 2009
Scott OlsonFinancing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
MoreDurham insider deal sparks outcry
March 9, 2009
Greg AndrewsTim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.
MoreStruggling contractors hope for sale of factory
March 9, 2009
Kathleen McLaughlinContractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they're owed by Getrag Transmission Manufacturing.
MorePension merger raises questions
March 9, 2009
We're generally supportive of a plan to merge the state's two largest public pensions in an effort to save money, but it's
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
MoreBrightpoint adjusts as wireless demand finally cools off
March 2, 2009
Chris O'MalleyAfter years of torrid gains in the number of wireless phones it handles, Brightpoint has had two consecutive comparable-quarter
declines.
MoreGeist restaurateur buffeted by financial squalls
March 2, 2009
Greg AndrewsHenri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
MoreWar did not end the Great Depression
March 2, 2009
Morton MarcusIt was not World War II that moved America out of the Great Depression.
MoreHHGregg vying to win customers of Circuit City
February 9, 2009
Scott OlsonCompany officials think HHGregg is well-positioned to fill the void that Circuit City Stores Inc. will leave when its stores
are closed.
MoreBuy-and-hold a bad tactic in these market conditions
February 2, 2009
If world leaders don't quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn't likely to surface anytime soon, investors should rethink traditional strategies now.
MoreRecession, lockdown of credit hammers businesses of all sizes
December 29, 2008
Cory SchoutenStock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real
estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
MoreState 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.
MoreSouthwest swoops in to benefit from ATA Airlines' bankruptcy
December 1, 2008
Chris O'MalleySouthwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia
and most of the dying airlines' remaining assets for $7.5 million.
MoreCompanies shifting more health costs to employees
December 1, 2008
Employers, now doubly pinched by steadily rising health insurance premiums and a steadily deteriorating economy, are searching
for new and larger cost-shifting tools, according to survey and anecdotal evidence from Mercer, a global benefits brokerage
and consulting firm.
MoreCommunities making tough choices will be better off
December 1, 2008
Mike HicksDuring the coming weeks, a number of Indiana cities and counties will be coming to terms with their new budget realities.
MoreNFP of NOTE: Momentive Consumer Credit Counseling Services
December 1, 2008
Momentive Consumer Credit Counseling Services work to change lives by helping people gain financial stability.
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.
MoreGreensfork Township State Bank to acquire local startup that failed to live up to high hopes
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
MoreHHGregg looks to grow as other consumer electronic businesses falter
November 24, 2008
Greg AndrewsHH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City's bankruptcy filing.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
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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."