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State Republican committee agrees to Durham settlement
January 16, 2012
The Indiana Republican State Committee has agreed to pay back $87,875 in political contributions it received from indicted
financier Tim Durham. In addition, a political group supporting Gov. Mitch Daniels agreed to a $10,000 settlement.
MoreFormer Hoosier sentenced in Florida Ponzi case
January 12, 2012
Developer Sydney "Jack" Williams received one year in prison and a $25,000 fine for failing to report millions of dollars
he received in commissions related to a Florida investment scheme.
MoreSimon chasing title of state's most valuable company
January 7, 2012
Greg AndrewsDavid Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the
bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
MoreHealthx receives $22M capital infusion
January 6, 2012
Frontier Capital in Charlotte, N.C., provided the funding that will support the continued expansion of Healthx, a local provider
of online health care portals.
MoreSKARBECK: Despite problems, U.S. still land of opportunity
December 31, 2011
Ken SkarbeckYes, America struggles with instances of poverty, unemployment and other hardships. But we also have the freedom and the opportunities
available to improve our standard of living.
MoreLatest Fair Finance suits target Durham associates
December 27, 2011
Greg AndrewsDefendants include companies affiliated with Indianapolis restaurateur Henri Najem, the rapper Ludracis and former Indianapolis
Colts quarterback Blair Kiel.
MoreDurham's attorney alleges feds abused wiretaps
December 21, 2011
Greg AndrewsIndicted financier Tim Durham's attorney alleges "the government has engaged in a course of conduct that ... constitutes
gross misconduct so severe that dismissal is warranted."
MoreValuing ExactTarget a hit-or-miss exercise
December 17, 2011
Greg AndrewsAppraisals of private companies are inherently dicey, especially if they're not making money.
MoreCME Group says it's staying in Illinois
December 16, 2011
IBJ Staff and Associated PressIllinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears
Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
MoreFeds: Hauke OK'd disastrous real estate investments
December 14, 2011
Greg AndrewsProsecutors allege Fishers investment manager Keenan Hauke hid losses for seven years by shifting assets among accounts and
using new investors’ money to fund withdrawals.
MoreInvestment adviser Hauke agrees to plead guilty in $7M fraud
December 13, 2011
Greg AndrewsProsecutors accused Hauke of losing millions on Michigan real estate investments, then hiding those losses from clients.
MoreBiglari set to make big move on Cracker Barrel
December 9, 2011
Associated PressCracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak
n Shake, is seeking a seat on the company's board of directors.
MoreCarmel also likely competing for CME Group
December 5, 2011
Scott OlsonA letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange's description says the Indianapolis
suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
MoreExactTarget has remade itself since last IPO bid
December 3, 2011
Greg AndrewsThings change so fast in the technology world that the prospectus ExactTarget Inc. filed four years ago when it first sought
to go public reads today almost like something from the floppy-disk era.
MoreIndianapolis courts Chicago Mercantile Exchange
December 2, 2011
IBJ Staff and Associated PressIndianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old
financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
MoreBond banks in Indiana, other states boost sales
November 30, 2011
IBJ Staff and Bloomberg NewsState municipal-bond banks in Indiana, Vermont, Maine and New Hampshire plan to issue about $190 million in debt this week,
as smaller communities seek to take advantage of 10-year interest rates near a six-week low.
MoreAngie's List falls below offer price, adding to woes of new IPOs
November 30, 2011
Bloomberg NewsAngie’s List Inc. fell 9.2 percent on Tuesday, dropping below its initial public offering price for the first time and
joining a crop of Internet companies that have lost value since their IPOs this year.
MoreSEC accuses Positron CEO of misleading investors
November 28, 2011
Chris O'MalleyRegulators allege CEO Patrick G. Rooney diverted millions of dollars from a hedge fund into the struggling Fishers company
without investors' knowledge.
MoreInvestors across city hit jackpot in Angie's List IPO
November 26, 2011
Greg AndrewsThe initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more
than quadruple the average price of $2.76 paid by prior investors.
MoreExactTarget files for $100M IPO
November 23, 2011
IBJ Staff and Bloomberg NewsThe Indianapolis-based e-mail marketing company is aiming to tap a hot IPO market. Sixteen firms have gone public this month,
including locally based Angie's List.
MoreEmmis strikes $16M deal to buy back preferred stock
November 22, 2011
Greg AndrewsThe transaction with New York-based Alden Global Capital, the largest holder of Emmis preferred stock, is expected to end
more than a year of legal wrangling involving the two companies.
MoreBrizzi agrees to pay Fair Finance nearly $200K
November 22, 2011
Greg AndrewsThe Fair Finance trustee alleged that, in addition to being huge campaign contributors to former Marion County Prosecutor
Carl Brizzi, Tim Durham and his companies helped cover Brizzi's personal expenses.
MoreSKARBECK: 'Parity' strategies confuse market volatility with risk
November 19, 2011
Ken SkarbeckThe basic idea behind risk parity is to reduce the weight of stocks and increase the weight of bonds to balance the volatility.
MoreVenture firm set to score on Angie's List, Groupon IPOs
November 17, 2011
Bloomberg NewsBattery Ventures’ investments in Angie’s List Inc. and Groupon Inc. have produced more than $440 million in paper
profit after the Internet-commerce companies sold shares to the public this month.
MoreAngie’s List stock surges after shares hit market
November 17, 2011
IBJ Staff and Bloomberg NewsAngie’s List Inc. shares rose as much as 44 percent in their trading debut Thursday after the company raised $114 million
Wednesday in its initial public offering. The stock closed the trading day up more than 25 percent, at $16.26 per share, after
rising as high as $18.75 early in the morning.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.