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VOICES FROM THE INDUSTRY: Stock investing means navigating emotional mind fields

July 28, 2008

This has been a dizzy stock market, maybe even ill, but it isn’t terminal. Learning how to manage one’s own emotions while investing is an important part of success. And, the most crucial factor is practicing realism over optimism, instead of the reverse. Hope is helpful in most areas of life because it gives us optimism and a reason to live, but in the investment arena, it can quickly drive our portfolio into negative territory. Our desire for excessive investment…

IRL drafts off NASCAR

July 25, 2008

Indianapolis Motor Speedway President Tony George’s open-wheel racing enterprise has gotten a boost from its fendered brethren that few outside racing circles are aware of.

So powerful is the connection between NASCAR and the…

Suit challenges Pan Am move

July 23, 2008

A local attorney filed a lawsuit today challenging a city maneuver that cleared the way for private redevelopment of Pan Am Plaza. The suit, available

UPDATE: Investors cheer WellPoint earnings

July 23, 2008

Wall Street rejoiced today after WellPoint Inc. posted second-quarter profit that exceeded analysts’ estimates. Investors bid up shares of the Indianapolis-based health insurer as much as 9 percent. As of late this morning, the stock traded at $52.06, up 6.8 percent. WellPoint stock rose along with broader markets, which surged as the price of crude […]

FedEx pursues lawsuit against bankrupt ATA

July 21, 2008

FedEx Corp. has asked a bankruptcy judge to allow it to sue ATA Airlines Inc. for breaching a contract to carry military personnel. The filing comes a month after ATA sued FedEx, claiming that it was forced into bankruptcy when FedEx notified ATA that the contract would end this fall. ATA was obligated to continue […]

INVESTING: Woes of Fannie, Freddie overshadow bank calamity

July 21, 2008

Wall Street often is nothing more than a game of three-card monte, with the majority of players losing because they were looking at the wrong card. It is challenging enough to make money during bull markets. But during bear markets, the distractions and traps are everywhere, and they are lethal. There is a big distraction right now that is masking what could be the falling domino that sends everything else toppling over. The disaster of the month is the near-collapse…

Dry cleaner’s fight against sons’ rare disease could lead to other life-saving treatments

July 21, 2008

Nathan’s Battle Foundation, led by Phil Milto–who has two sons afflicted with the disease–has evolved over 10 years into
what Milto calls a not-for-profit biotech company that has raised money and guided research that resulted in a promising treatment
for Batten disease. Now, some of the gene therapy techniques researchers developed are being applied to other disorders.

Cancer taking lead role at IU: New hospital aims to boost reputation, research

July 21, 2008

To glimpse the priority list of the honchos running the Indiana University medical complex, drive west along Michigan Street and look north toward the IU Hospital. The 38-year-old facility is now nearly totally eclipsed from view by a sparkling, $150 million addition to the IU Simon Cancer Center, which stretches steel, glass and stone across an entire block between University Boulevard and Barnhill Drive. By bulking up its cancer care and research, IU leaders hope to improve the prestige of…

NASCAR sponsors eyeing IRL

July 18, 2008

Subway restaurants won’t be the last NASCAR sponsor racing to the Indy Racing League, according to motorsports marketing experts.

An idea that seemed laughable a year or two ago is now reality. Subway, a big-time NASCAR sponsor, this week announced it…

Ice Miller attorney departs, takes sports practice with him

July 14, 2008

Sports agent Andrew “Buddy” Baker has left locally based law firm Ice Miller and is taking with him the firm’s sports division,
IM Sports Services, which he wants to develop into a giant agency with a national reach. Baker’s new firm, Exclusive Sports
Group, starts with a list of high-profile clients.

Tech jobs rise, but graduates are on decline: Universities working hard to attract students into IT, computer sciences

July 14, 2008

At a time when central Indiana is adding high-tech jobs faster than any other area in the Midwest, the overall health of the industry could be threatened by a lack of interest from college students. The Washington, D.C.-based Computing Research Association’s annual survey of universities with doctorate-granting programs found an 18-percent drop this year in students completing bachelor’s degrees in professional information technology fields. The latest statistics are particularly alarming given they continue a trend seen for several years. Enrollment…

Conseco unit hit with class-action suit

July 9, 2008

By Chris O’Malley A resident of Broward County, Fla., has filed a class-action lawsuit against a Conseco Inc. unit that allegedly failed to pay the maximum benefit for home health care insurance. Anna M. Cohen, in the July 2 case in U.S. District Court for the Southern District of Florida, seeks more than $5 million […]

Law firm pays $50,000, ending $18M nightmare

July 8, 2008

An Indianapolis law firm has paid $50,000 to the Indiana Department of Insurance in a deal that extricates it from an $18 million jury verdict stemming from the collapse of a health insurance trust. The department released Fillenwarth Dennerline Groth & Towe from the massive judgment that a Marion County jury handed down against the […]

BEHIND THE NEWS: Finish Line’s stock surge salves investors’ wounds

July 7, 2008

Finish Line Inc. always has been a volatile stock. Jump in at the right time and make a bundle. Pick the wrong time and take a bath. To be sure, investors who had the foresight to invest during Finish Line’s darkest days early this year-when it seemed inevitable that the company would have to close on the $1.5 billion acquisition of Tennessee-based Genesco Inc.-fall in the former category. Since hitting an all-time low of $1.48 a share Jan. 10, the…

SURF THIS: 124 125 301 166At Etsy.com, buyers meet their creative makers

July 7, 2008

Ah, the idealism of youth. There’s something truly refreshing (and yes, at times, frustrating) about the effervescent optimism on display by young people. They look at the world, see a problem (perceived or real) and set out to change things. Of course, most of their efforts end up on the pile of broken dreams, but every once in a while, one breaks through. They achieve success, they realize their dreams, and they do it while actually making the world a…

HHGregg faces lawsuit over dryer installations: Vents often installed improperly, customers claim

July 7, 2008

Appliance retailer HHGregg is facing allegations that it improperly installed dryer vents in potentially thousands of consumers’ homes, despite warnings that such vents could cause fires or other safety hazards. A lawsuit filed in U.S. District Court claims the Indianapolis-based retailer installed plastic or foil “slinky” vents, even though many dryer manufacturers specifically call for heavy metal ducts to be used. The suit asks that HHGregg replace the improper vents and pay an unspecified amount in fees and damages. “Our…

State Chamber of Commerce sues Christian counterpart

July 7, 2008

On June 15, the Indiana Chamber of Commerce, which represents more than 4,800 businesses around the state, filed a federal
lawsuit against the upstart Indiana Christian Chamber of Commerce. The complaint alleges trademark infringement, unfair competition,
counterfeiting and forgery.

IU program aims to turn lab rats into leaders: Business training is tailor-made for scientists

July 7, 2008

Andrea Walker is a chemist with management aspirations. But instead of signing up for a traditional MBA program, the team manager at Indianapolis-based AIT Laboratories will enroll this year in a slimmed-down business program that focuses on the life sciences. The program, called the Kelley Executive Certificate in the Business of Life Sciences, is a new creation of Indiana University’s Kelley School of Business. The program will conduct most of its classes online over a one-year period. The courses will…

Ex-franchisees sue Noble Roman’s

July 7, 2008

Nine former Noble Roman’s franchisees and a current operator have filed a lawsuit charging that the Indianapolis chain lied
to them about the costs and risks of opening one of its pizza and sub restaurants. The franchisees say the 1,000-restaurant
chain aggressively marketed its stand-alone, dual-brand Noble Roman’s and Tuscano’s Italian Style Subs restaurants without
testing the concept–a scheme they contend was designed to inflate the company’s stock price so owners could unload shares
at a profit.

SPORTS: Lamentations-and a recommendation-for old IU

July 7, 2008

Adam Herbert, who may go down as the sorriest presidential hire in the history of the Big Ten, is nowhere to be seen, those velvety crimson jumpsuits disappearing about the same time Sampson was shown the door. Certain members among the IU trustees-who so violated the trust part of their duties, first in hiring Herbert and then in bringing in Sampson-are not about to step up and take responsibility for their actions. I guess it will all come out some…

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People

David Bordenkecher

Articles

VOICES FROM THE INDUSTRY: Stock investing means navigating emotional mind fields

IRL drafts off NASCAR

Suit challenges Pan Am move

UPDATE: Investors cheer WellPoint earnings

FedEx pursues lawsuit against bankrupt ATA

INVESTING: Woes of Fannie, Freddie overshadow bank calamity

Dry cleaner’s fight against sons’ rare disease could lead to other life-saving treatments

Cancer taking lead role at IU: New hospital aims to boost reputation, research

NASCAR sponsors eyeing IRL

Ice Miller attorney departs, takes sports practice with him

Tech jobs rise, but graduates are on decline: Universities working hard to attract students into IT, computer sciences

Conseco unit hit with class-action suit

Law firm pays $50,000, ending $18M nightmare

BEHIND THE NEWS: Finish Line’s stock surge salves investors’ wounds

SURF THIS: 124 125 301 166At Etsy.com, buyers meet their creative makers

HHGregg faces lawsuit over dryer installations: Vents often installed improperly, customers claim

State Chamber of Commerce sues Christian counterpart

IU program aims to turn lab rats into leaders: Business training is tailor-made for scientists

Ex-franchisees sue Noble Roman’s

SPORTS: Lamentations-and a recommendation-for old IU