Stock Market

Dow Jones index tops 17,000 after strong jobs report

July 3, 2014
Bloomberg News
The Dow Jones industrial average climbed above 17,000 for the first time ever Thursday morning. The Standard & Poor’s 500 also hit an all-time high.
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Investors to seek clues from Fed on rate increase

June 18, 2014
Associated Press
The Fed will likely approve a fifth cut in its monthly bond purchases because the job market has strengthened. But no clear signal is expected on when it will start raising short-term interest rates from record lows.
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Hot market for IPOs could be cooling off

April 14, 2014
Associated Press
IPOs are having their best start to a year since 2000. But signs of weakness have appeared recently as stocks became more volatile.
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Savers beware: Fees may be shrinking your 401(k)

April 11, 2014
Associated Press
A new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options.
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'Local' firm played role in alleged pump-and-dump schemeRestricted Content

March 22, 2014
Chris O'Malley
An investor-relations firm founded by an Indianapolis native allegedly helped insiders of a biotech firm to hype its stock on financial sites, then sell their own shares on the bump.
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Kirr Marbach fund wins top Lipper recognitionRestricted Content

March 22, 2014
 IBJ Staff
Columbus, Ind.-based Kirr Marbach & Co. LLC is furthering its reputation for smart stock picking among the nation’s investment advisers.
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Companies, including WellPoint, use buybacks to boost stock

March 11, 2014
Associated Press analysis
Companies have been spending big on buybacks since the 1990s. What's new is the way buybacks have exaggerated the health of many companies.
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A strong February wipes out market's January loss

March 1, 2014
Associated Press
The Standard & Poor's 500 index rose 4.3 percent in February, the biggest gain since October 2013, helped by strong corporate earnings and a Federal Reserve that seems to have Wall Street's back at every turn.
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Yellen to investors: Expect continuity at the Fed

February 11, 2014
Associated Press
Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will support the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month.
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Benchmark stock indexes suffer worst week since 2012

January 24, 2014
Bloomberg News
The Standard & Poor’s 500 index retreated 2.1 percent Friday, to 1,790.31, to close at  its lowest level since Dec. 17. The benchmark index declined 2.6 percent this week. The Dow Jones industrial average lost 3.5 percent this week.
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Investment manager sees good growth prospects for 2014

January 4, 2014
Norm Heikens
Tom Pence predicts change for U.S. manufacturing.
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After year of stock records, a weak start to 2014

January 2, 2014
Associated Press
The Standard & Poor's 500 index began the New Year with its worst performance in three weeks as energy and technology companies pulled down the stock market.
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2013 was the year of unstoppable stocks

January 1, 2014
Associated Press
Instead of worrying about the wider world in 2013, investors focused on the Federal Reserve and the outlook for its stimulus program.
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Markets close at record highs after Fed's tapering decision

December 18, 2013
Associated Press
U.S. stocks rose, sending benchmark indexes to all-time highs Wednesday, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery.
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Fed to reduce bond purchases by $10B in January

December 18, 2013
Associated Press
The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.
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Investors await Fed's decision on bond purchases

December 18, 2013
Associated Press
But most economists think that when the Fed's latest policy meeting ends Wednesday, it will announce that it's maintaining its pace of $85 billion a month in bond purchases.
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Poll: Many Americans see end of stock market surge

December 16, 2013
Associated Press
Americans aren't expecting another bang-up year for the stock market, according to a new Associated Press-GfK poll.
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Barron's says Simon stock among best for 2014

December 9, 2013
 IBJ Staff
The owner of hundreds of retail properties landed on the Barron’s list of top stock picks for 2014, with the financial publication citing an improved outlook and an analyst upgrade.
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Shares of Indiana retailers surge in 2013Restricted Content

December 7, 2013
Scott Olson
Shares of The Finish Line Inc., HHGregg Inc. and Shoe Carnival Inc. have been on a tear this year, rebounding to outperform the major stock indexes and rising at least 40 percent in value through the first of December. By comparison, the S&P 500 has gained about 28 percent.
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Stock market jumps after strong jobs report

December 6, 2013
Associated Press
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.
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Spinoff of Allegion nets Carmel a publicly traded giant

November 30, 2013
Dan Human
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
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Finish Line shares continue climb after upgrade

November 25, 2013
Associated Press
Two investment analysts raised their ratings for Finish Line on Monday, saying the Indianapolis-based athletic shoe and clothing retailer has the opportunity for margin recovery and a stronger online performance.
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Dow, S&P 500 hit records before closing lower

November 18, 2013
Associated Press
The stock market broke through two milestones Monday before giving up nearly all its gains late in the day.
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Twitter soars as shares debut on stock market

November 7, 2013
Associated Press
The stock opened at $45.10 a share on Thursday, 73 percent above its initial offering price. Tempering expectations was a big theme leading up to the IPO, but that flew out the window with the stock's opening surge.
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Angie's List stock falls after growth slowsRestricted Content

November 2, 2013
Chris O'Malley

Never mind that Angie’s List posts a loss every year. Wall Street isn’t worried about that, right now. But let its double-digit revenue growth slow just a bit and, before you know it, the stock has fallen 33 percent—as it did in October.

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  1. The Walgreens did not get a lot of traffic. It was not located on the corner of the intersection, and not really visible from Emerson. Meanwhile the CVS there is huge and right on the corner. I am guessing a lot of people drove by a million times and never knew the Walgreens was there. Although, with the new Walmart market going in, that area could really see a lot of increase in traffic soon.

  2. You folks don't have a clue. There is a legal way to enter this country and to get aid. This left unchecked could run us to ruin quickly. I also heard that 'supporters' were getting major $$ to take them in? Who's monitoring this and guess who pays the bill? I support charitable organizations... but this is NOT the way to do it!

  3. Apparently at some time before alcohol has been served at the fair. The problem is that beer or wine used to be a common drink for people before soft drinks and was not thought to be that unusual. Since many folks now only drink to see how much they can drink or what kind of condition they can end up in it becomes more problematic. Go to Europe and its no big deal just as if you had sodas of milk to drink everyday. Its using common sense that is lacking now days.

  4. To address the epic failure of attracting race fans to both the Indy 500 and Brickyard 400 would take too much of my time to write. Bottom line Boles is clueless and obviously totally out of touch with the real paying fan base. I see nothing but death spin coming for the Brickyard, just like Indy. Get somebody in a place of power that understands what race fans want.

  5. I am a race fan through & through. It doesn't matter if it's Indy cars or Nascar. I love a great race. I go to several other tracks each year and you can see the entire track. I know Indy has tradition, but fans want to see the entire race. I sit in the Penthouse, am almost 60 years old, and would like to see a better TV screen in turn 1 so you can see the entire race. Then I think Indy needs to install an escalator so us old folks can make it up to the Penthouse and down again if we want more options to purchase food and drinks. Just a race fans opinion. Lights won't make the race any better, but you might be able to see the TV better at night. Turn 1's screen needs replaced with a better and bigger screen.

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