September 10, 2011
Ken SkarbeckIn 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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September 10, 2011
Greg AndrewsUS 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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September 9, 2011
Associated PressStocks 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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September 3, 2011
Greg AndrewsThe 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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September 3, 2011
Mickey KimWouldn’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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September 2, 2011
Associated PressStocks plunged Friday after a dismal report on the job market renewed fears of another recession.
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September 2, 2011
Mason King
What 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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August 26, 2011
Scott Olson, Associated PressThe 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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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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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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August 19, 2011
Greg AndrewsMagistrate 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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August 18, 2011
Associated PressThe U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report.
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August 16, 2011
Scott OlsonIndicted 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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August 13, 2011
Greg AndrewsIndianapolis-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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August 13, 2011
Ken SkarbeckTo 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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August 12, 2011
Associated PressA 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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August 11, 2011
Associated PressWall Street's wildest week since 2008 continued with another 500-plus point move for the Dow on Thursday.
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August 10, 2011
Associated PressThe 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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August 10, 2011
Associated PressThe 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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August 9, 2011
Bloomberg NewsU.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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August 9, 2011
Associated PressThe 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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August 8, 2011
IBJ Staff and Associated PressStock 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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August 8, 2011
IBJ Staff and Associated PressStock 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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August 6, 2011
Low-income women could receive loans in weeks.
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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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This is a big help. Thanks for share it here.
Doug Henning!
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
Magician and illusionist!
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.