Investing

SKARBECK: Money-market funds have big risk, little rewardRestricted Content

September 10, 2011
Ken Skarbeck
In this environment of near-zero short-term interest rates, money-market fund operators have to work very hard just to earn a few bucks on the substantial sums of money entrusted to them.
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New financing may give battered dry cleaner fresh startRestricted Content

September 10, 2011
Greg Andrews
US Dry Cleaning’s September 2008 purchase of Tuchman Cleaners was supposed to end years of financial strain for the 25-store Indianapolis chain, but it didn’t happen.
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Stocks plunge as worries about Europe intensify

September 9, 2011
Associated Press
Stocks plunged Friday, erasing the week's gains, amid rising fears about fallout from Europe's debt crisis. Seeking safer investments, investors sent the yield on the 10-year Treasury note to the lowest level in five decades.
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Angie's List hopes investors see beyond the lossesRestricted Content

September 3, 2011
Greg Andrews
The company's IPO filing includes this sobering disclaimer: “We have incurred net losses since inception, and we expect to continue to incur net losses in the foreseeable future.”
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KIM: Predicting market’s swings is both futile and expensiveRestricted Content

September 3, 2011
Mickey Kim
Wouldn’t it be nice to be smart enough to sell at the top and nimble enough to buy back in at the bottom?
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Stocks plunge after U.S. hiring dries up

September 2, 2011
Associated Press
Stocks plunged Friday after a dismal report on the job market renewed fears of another recession.
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LEADING QUESTIONS: Investment guru on calming clients

September 2, 2011
Mason King
LQ_Bosway_watchvideoWhat does the CEO of City Securities Corp. say when shell-shocked investors want to sell? Does the recent market slide point to a return of 2008? Where are the opportunities? Michael Bosway has answers.
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Angie’s List faces challenges in bid to go public

August 26, 2011
Scott Olson, Associated Press
The company said in its initial public offering that it has lost money since its inception. But it still could be attractive to prospective investors, said a local lawyer who helps companies go public.
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Zionsville man charged with wire fraud, money laundering

August 26, 2011
Brian Eads faces a maximum of 30 years in prison by engaging in transactions of more than $10,000 with criminally derived proceeds from properties bought at sheriff's sales.
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State makes $31M settlement with securities firm

August 24, 2011
Raymond James has agreed to return $31.2 million to Indiana investors by repurchasing some auction rate securities. The firm also will pay fines totaling $63,000.
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Judge nearly sends Durham back to halfway house

August 19, 2011
Greg Andrews
Magistrate Judge Kennard Foster said Durham should not continue living at his sister's house or move back to his mansion because both are in foreclosure.
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UPDATE: Stocks plunge again on more economic fears

August 18, 2011
Associated Press
The U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report.
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Durham asks to move back into his mansion

August 16, 2011
Scott Olson
Indicted financier Tim Durham has asked a federal judge to allow him to move from his sister's home in Geist back to his 20,000-square-foot mansion. Durham has been living with his sister on home detention since his April arrest.
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Weak market could derail Allison's planned IPORestricted Content

August 13, 2011
Greg Andrews
Indianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the economic outlook has darkened since then.
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SKARBECK: Market volatility should be seen as an opportunityRestricted Content

August 13, 2011
Ken Skarbeck
To a long-term, value-oriented investor, volatility should be viewed as opportunity. The crazy prices that are occasionally offered up by a roller-coaster market in periods of uncertainty allow for the purchase of undervalued securities.
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U.S. stocks open higher after positive retail report

August 12, 2011
Associated Press
A strong report on retail sales in July helped send U.S. stocks higher early Friday after a week of record-setting losses and gains on Wall Street.
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UPDATE: Stocks soar on small positive economic signs

August 11, 2011
Associated Press
Wall Street's wildest week since 2008 continued with another 500-plus point move for the Dow on Thursday.
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Dow drops more than 500 over economy concerns

August 10, 2011
Associated Press
The Dow Jones industrial average fell 519 points, or 4.6 percent, to close at 10,719.94 on Wednesday, wiping out the 429-point gain from Tuesday.
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Stocks plunge after market's opening

August 10, 2011
Associated Press
The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827, in morning trading Wednesday. That erased nearly all of its 429-point gain from Tuesday, when the Federal Reserve pledged to keep its key interest rate at nearly zero into 2013.
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Late surge gives stocks largest advance in two years

August 9, 2011
Bloomberg News
U.S. stocks on Tuesday rallied after the Federal Reserve said it was prepared to use a range of tools to bolster the economy.
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Fed to keep interest rate near zero for 2 years

August 9, 2011
Associated Press
The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
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Indiana stocks part of massive Wall Street sell-off

August 8, 2011
 IBJ Staff and Associated Press
Stock prices hurtled lower Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt. Indiana stocks were part of the carnage.
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Local stocks pummeled in global sell-off

August 8, 2011
 IBJ Staff and Associated Press
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
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Global micro lender Grameen ramps up in IndianapolisRestricted Content

August 6, 2011
Low-income women could receive loans in weeks.
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KIM: Managers with skin in game most likely to perform wellRestricted Content

August 6, 2011
It seems perfectly logical that you want to invest with a manager or fund where the manager has a significant amount invested alongside you.
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  1. This is a big help. Thanks for share it here.

  2. Doug Henning!

  3. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  4. Magician and illusionist!

  5. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

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