Indianapolis Business Journal

SEPT. 30-OCT. 6, 2013

Boomers are ready to sell the suburban homes where they raised their kids and buy more modest abodes, but are hitting a disconnect in the housing market: Many of today's young families don't want to live in a subdivision or can't afford what the boomers are asking. IBJ's Norm Heikens documents their struggles. Also this week, we present IBJ's annual Meeting & Event Planners Guide, including stories about the growing influence of youth sports on tourism and the challenge of filling Indy's new convention center. And in A&E, Lou Harry checks out IRT's production of "The Crucible," which casts off the shackles of allegory and finds its power in the characters' complexity.

Front PageBack to Top

Stonegate Mortgage IPO a test of housing recovery

Stonegate Mortgage—potentially the first company in Indianapolis to go public since ExactTarget in 2012—plans to entice investors with a nationwide expansion, a diversified income stream, and the prospect that federal reforms will benefit such loan aggregators.

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Noblesville company taking on industry giants with healthier snacks

The Darlington snack company for 30 years peddled sweet treats to large institutional users—think schools, hospitals and nursing homes. But growing concerns over America’s obesity epidemic have the small Noblesville company hanging its hopes on healthier fare: all-natural, whole-grain-rich snacks.

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Top StoriesBack to Top

RV exec seeking new start in Indy

A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.

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FocusBack to Top

OpinionBack to Top

EDITORIAL: Amtrak talks need to succeed

Better late than never. Less than a week before federal funding was set to end for the Hoosier State Amtrak route, which offers the only passenger train service four days a week from here to Chicago, state officials have finally begun discussing with Amtrak how to replace the annual $3 million subsidy.

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Kim: Twitter using JOBS Act to alter IPO playbook

The Sept. 12 tweet read, “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.” Twitter thus made a very public announcement that it had made a private filing with the Securities and Exchange Commission. In 140 characters or fewer, Twitter instantly […]

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Hicks: We’ll spend more and more on health care

Like most Americans, I am confused by the ACA. I don’t have a spare couple of months to read it in its entirety, but am certain there are things about it I will like and some I will detest. On balance, though, it is increasingly clear that it will require Herculean fixes.

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Radio thrives on local

As someone who has worked at or with radio stations in Indianapolis as well as mid-sized and smaller markets across the state, I agree with most of the points regarding the strong local strategy in use today by the successful broadcasters in those markets [Sept. 2].

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Rusthoven pegged Obama

I enjoyed Peter Rusthoven’s [Sept. 16] column “A president out of his league,” as it nicely characterized both the missteps and blatant lies coming from the Obama administration’s Keystone Cops handling of the crisis in Syria.

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In BriefBack to Top

PROXY CORNER: KAR Auction Services Inc.

KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.

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