June 19, 2013
Associated PressShares in U.S. real estate investment trusts fell the most in 19 months Wednesday. Three major REITs, all based in Indianapolis,
saw their shares drop on Wednesday.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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March 23, 2013
Greg AndrewsInvestors may be undervaluing Biglari Holdings Inc., which owns Steak n Shake outright and holds 20 percent of Cracker Barrel.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.