Profitability

Indianapolis Indians scoring sponsorship, attendance increases

July 24, 2010
Anthony Schoettle
Minor-league baseball team could be in line to register another $1 million profit thanks to improvements in sponsorship sales and attendance.
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AIT shares profit with employees - again

December 21, 2009
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take in profit sharing this year to an impressive $3 million.
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Indianapolis Indians take big revenue hit, but team still profitable

December 5, 2009
Anthony Schoettle
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite that, the team’s board voted unanimously to pay a dividend.
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George gives IRL four years to break even ... or elseRestricted Content

May 4, 2009
Anthony Schoettle
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn't break into the black soon.
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ChaCha co-founder dancing to different drumRestricted Content

April 27, 2009
Chris O'Malley
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he hasn't left. "Brad is still engaged with the company as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
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Gambling habit puts state at riskRestricted Content

April 6, 2009
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
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Indians buck recession, score more sponsor dollarsRestricted Content

March 30, 2009
Anthony Schoettle
Despite the bad economy, the Indianapolis Indians' franchise could make a record amount of money in 2009.
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State's gambling jackpot may have reached its limitRestricted Content

March 30, 2009
Peter Schnitzler
Hoosiers' long ride on the gambling gravy train finally may be coming to an end.
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Buy-and-hold a bad tactic in these market conditionsRestricted Content

February 2, 2009
If world leaders don't quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage isn't likely to surface anytime soon, investors should rethink traditional strategies now.
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Big season for Indians' stockholdersRestricted Content

November 26, 2007
Anthony Schoettle
The Indianapolis Indians are rewarding stockholders in the franchise following a season in which revenue and profit grew, thanks to significant increases in ticket, concession and merchandise sales. The higher profit fueled a 75-percent dividend increase this year and an increase of more than $6,500 in the franchise's standing offer to repurchase shares.
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  1. we love that we were right in our predictions for the outcome of Tony's boondoggle. We aren't negative, we are positive that the league that never has will continue to blow chunks and stink up the place

  2. I was initially excited to learn that this wasn't rubber-stamped, but if all that is required is to add some shrubs and some "window dressing" over the first floor of the garage, then I'd call it a waste of everyone's time. It should be noted that the Hearing Examiner is a DMD employee who reports to the same administrator as the DMD staff planner who recommended approval of the garage and whose report said that the requirement for ground-floor retail had been "satisfied". Better luck with appealing the inevitable approval at the MDC, where the commissioners are appointed by the Mayor, City Council, and County Commissioners, thus, presumably not all obligated to facilitate the administration's plans.

  3. Wheat Thins, when paired with chocolate ice cream!

  4. About the same.

  5. New airport, new Lucas Oil Stadium, expanded convention center, $30,000,000 Pacer gift, Stupid City Way Project, Broad Ripple Parking Garage $ Giveaway, Money blown on lethal bike lanes. The list is endless..

    We have complete morons in City Government with grafter buddies sitting in the wings also stealing parking meter revenue. Go to
    www.adavceindiana.com and read about Chicago Parking Meter Corruption.

    It's all theft of taxpayer resources and complete lack of financial stewardship and devoid of integrity.

    I would just like for basic city services please.

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