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Stock Market
Stocks soar to all-time high on employment news
May 3, 2013
Associated PressA stronger-than-expected pickup in hiring last month lifted the stock market early Friday, pushing the Dow Jones industrial
average above 15,000 and the Standard and Poor's 500 index above 1,600 points for the first time.
MoreStocks head lower on tepid U.S. economic growth
April 26, 2013
Associated PressSeveral companies, including Amazon.com, released weak earnings Friday and the government reported that the U.S. economy expanded
at a slower rate in the first quarter than economists were expecting.
MoreStock market rebounds from worst day of the year
April 16, 2013
Associated PressGood news on housing and earnings Tuesday morning helped stocks recover from a dismal Monday, when stocks suffered their biggest
one-day decline since November.
MoreFalling commodities give Dow worst day of the year
April 15, 2013
Associated PressThe Dow Jones industrial average tumbled 265.86 points Monday to close at 14,599.20, a decline of 1.8 percent.
MoreHHGregg throws lifeline to employees with underwater options
April 13, 2013
Greg AndrewsThe company this month filed papers gave option holders the right to exchange their current holdings for new options with
an exercise price set at the current market price.
MoreFirst Internet Bancorp jumps into dividend game
April 6, 2013
The parent of First Internet Bank late last month declared a dividend of 6 cents per common share payable April 15 to shareholders
of record April 1.
MoreS&P 500 closes with record high, beating 2007 mark
March 28, 2013
Associated PressFor the second time in less than a month, the stock market marched past another milepost on its long, turbulent journey back
from the Great Recession.
MoreFortune can't explain 'significant and unusual' stock swing
March 19, 2013
Jeff NewmanFortune Industries Inc. shares on Monday jumped as much as 285 percent from Friday’s closing price. The New York Stock
Exchange found the move and an intense spike in trading volume so odd that it asked the company for answers.
MoreDow record doesn't impress Wall Street workers
March 6, 2013
Associated PressThere were no signs of a celebration on Wall Street after the Dow Jones industrial average closed at an all-time high Tuesday.
Maybe the memories of the financial meltdown are too fresh, or outlook for the economy is too uncertain.
MoreDow Jones industrial average closes at record
March 5, 2013
Associated PressThe Dow Jones industrial average closed at a record Tuesday, beating the previous high it set in October 2007, before the
financial crisis and the Great Recession.
MoreMarket's surge fuels wave of executives' insider selling
February 23, 2013
Kathleen McLaughlinInsiders at Indianapolis-area companies cashed in millions of dollars of their own companies’ shares this month, a selling
spree that might reflect growing sentiment the market rally is ending.
MoreUPDATE: First Internet slips 2.5 percent in debut on NASDAQ
February 22, 2013
Shares of the Indianapolis-based bank finished their first day on the NASDAQ exchange at $28.50, a 75-cent drop from their
opening price. The stock had been listed on the thinly traded over-the-counter market.
MoreHICKS: Why stock prices rise in a shaky economy
February 9, 2013
Mike HicksThe stock market highs over the past few months have many folks confused.
MoreS&P 500 in longest winning streak since 2004
January 25, 2013
Associated PressThe Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession
in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.
MoreAnalyst cuts Cummins rating, citing rise in shares
January 11, 2013
Associated PressAnalyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting
that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
MoreInvestment strategists confront shrinking interest rates
January 5, 2013
Kathleen McLaughlinYou know the investing climate is unusual when a stock’s dividend yields more than bonds issued by the same company.
MoreColumbus-based mutual fund shines in 2012
January 5, 2013
Scott OlsonKirr Marbach's 'mid-cap blend' outpaces similar Indiana-based investments.
More'Cliff' deal sends stocks up, but problems lurk
January 2, 2013
Associated PressThe "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send
the stock market shooting higher Wednesday, the first trading day of the new year.
MoreRemy rises in first day of trading on NASDAQ exchange
December 13, 2012
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock
had previously been listed on the thinly traded pink sheets.
MoreHealth insurance stocks flop after Obama wins second term
November 8, 2012
Associated PressHealth insurance stocks sank deeper than the broader market Wednesday after President Barack Obama's re-election helped
clarify the future of his health care overhaul, a sweeping law that some investors fear will pinch profits.
MoreStocks rise as investors wait for a winner
November 6, 2012
Associated PressMajor stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
MoreStorm will keep financial markets closed Tuesday
October 29, 2012
Associated PressStock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading
will also be closed.
MoreStocks hammered by weak earnings reports
October 23, 2012
Associated PressStocks sank sharply Tuesday morning, driving major indexes to their lowest point since early September, after big-name companies
reported weak quarterly earnings and lowered their expectations for the rest of the year.
MoreAnalysis: In a crummy economy, why are stocks rising?
September 15, 2012
Associated PressEconomic growth is pitiful. So why are the major stock indexes just a few percentage points shy of an all-time record? Start
with two words: Ben Bernanke.
MoreStocks open higher day after Federal Reserve move
September 14, 2012
Associated PressStocks opened higher Friday, on track to record one of their best weeks since June, after the Federal Reserve stepped in again
to help the disappointing economic recovery.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.