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World looks to Bernanke to clarify stimulus plans
June 17, 2013
Associated PressFinancial markets have been gyrating in the 3½ weeks since Bernanke told Congress the Fed might scale back its effort
to keep long-term rates at record lows within "the next few meetings"— earlier than many had assumed.
MoreHilbert puts MH management company into Chapter 11
June 15, 2013
Greg AndrewsThe move, the latest fallout from the executive's feud with hardware king John Menard, puts on hold a Wisconsin lawsuit
that sought millions of dollars from the company.
MoreSuit: Menard pressured Tomisue Hilbert for sexual favors
June 15, 2013
J.K. WallThe lawsuit charges Tomisue Hilbert's rejection of the billionaire is the real reason he launched a bitter battle to remove
her husband, Steve Hilbert, as CEO of the Indianapolis-based private-equity funds the three of them started in 2005.
MoreTop 6 ExactTarget officers reap $92.5M in option gains in sale
June 13, 2013
Dan HumanThe gains for top brass represent about one-third of the $277 million in option gains that the company's 1,700-person
work force will rack up, regulatory filings show.
MoreStocks swoon after weak economic reports
June 5, 2013
Associated PressCompanies like miners, banks and chemical makers, whose fortunes are most closely tied to the prospects for growth, fell the
most. That's a sign investors are becoming less confident in the U.S. economy.
MoreIEDC rolling out $1M diversity investment fund
June 4, 2013
Greg AndrewsFund managers will seek to invest in companies owned by minorities, women and veterans that have sustainable competitive advantages,
scalable business models and the potential for meaningful job creation.
MoreFinish Line's cash hoard could make it alluring target
May 25, 2013
Greg AndrewsThe Indianapolis-based retailer is debt-free and has amassed $227 million in cash on its balance sheet. That works out to
$4.63 per share.
MoreCenterfield rounds up $171M for new fund
May 18, 2013
Dan HumanAn Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners
pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116
million.
MoreLeader of fraud scheme sentenced to 4-plus years
May 14, 2013
IBJ StaffMichael Russell, 54, pleaded guilty in January to 20 counts of wire fraud and money laundering in a scheme involving former
Indianapolis City-County Councilor Paul Bateman.
MoreFirst Merchants' deal to make it state's second-biggest bank
May 13, 2013
Greg AndrewsThe acquisition of CFS Bancorp Inc. will increase First Merchants' assets to $5.4 billion and leave it with nearly 100
offices.
MoreMerchants, Citizens Bank to merge
May 9, 2013
Chris O'MalleyShareholders in Carmel-based Merchants will receive stock that was valued at $98.3 million before the announcement of the
deal caused a huge spike.
MoreStocks soar to all-time high on employment news
May 3, 2013
Associated PressA stronger-than-expected pickup in hiring last month lifted the stock market early Friday, pushing the Dow Jones industrial
average above 15,000 and the Standard and Poor's 500 index above 1,600 points for the first time.
MoreFair Finance investors still empty-handed as trustee plows on
April 27, 2013
Greg AndrewsMany of the defendants pursued by Brian Bash and his team have few, if any, assets. And those that do have the wherewithal
to fight litigation for years.
MoreVenture capital favoring later-stage firms
April 27, 2013
Dan HumanGetting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough
in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a
revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
MoreStock market rebounds from worst day of the year
April 16, 2013
Associated PressGood news on housing and earnings Tuesday morning helped stocks recover from a dismal Monday, when stocks suffered their biggest
one-day decline since November.
MoreFalling commodities give Dow worst day of the year
April 15, 2013
Associated PressThe Dow Jones industrial average tumbled 265.86 points Monday to close at 14,599.20, a decline of 1.8 percent.
MoreHHGregg throws lifeline to employees with underwater options
April 13, 2013
Greg AndrewsThe company this month filed papers gave option holders the right to exchange their current holdings for new options with
an exercise price set at the current market price.
MoreIndiana pension shifts to international bonds
April 13, 2013
The Indiana Public Retirement System recently issued a request for proposals from international fixed-income managers and
received 16 responses by the April 5 deadline. The $27.1 billion retirement system will hire two managers to oversee $900
million.
MoreLilly pulls back from proposals lowering takeover barriers
April 6, 2013
Greg AndrewsFortunately, a Lilly takeover looks less likely today than it has in a long time—for both obvious and more subtle reasons.
MoreFirst Internet Bancorp jumps into dividend game
April 6, 2013
The parent of First Internet Bank late last month declared a dividend of 6 cents per common share payable April 15 to shareholders
of record April 1.
MoreCarmel financial adviser accused of using faith to prey on victims
April 1, 2013
Associated PressA central Indiana man banned from selling investments faces 10 securities fraud counts for allegedly using shared Christian
beliefs to dupe clients out of more than $580,000.
MoreS&P 500 closes with record high, beating 2007 mark
March 28, 2013
Associated PressFor the second time in less than a month, the stock market marched past another milepost on its long, turbulent journey back
from the Great Recession.
MoreBonuses drive up compensation for Lilly's top brass
March 25, 2013
J.K. WallEli Lilly and Co. granted larger bonuses to its top five executives early this year, which boosted their 2012 compensation
anywhere from 3 percent to 8 percent.
MoreSteak n Shake’s value menu isn’t all that looks cheap
March 23, 2013
Greg AndrewsInvestors may be undervaluing Biglari Holdings Inc., which owns Steak n Shake outright and holds 20 percent of Cracker Barrel.
MoreFortune can't explain 'significant and unusual' stock swing
March 19, 2013
Jeff NewmanFortune Industries Inc. shares on Monday jumped as much as 285 percent from Friday’s closing price. The New York Stock
Exchange found the move and an intense spike in trading volume so odd that it asked the company for answers.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.