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Halakar thinks small, deals big: Real estate services firm quickly finds its niche

August 15, 2005

Unlike the 500-pound hammerhead shark mounted on a wall in Todd Maurer’s office, Halakar Real Estate intends to remain a small fish in the large pond of commercial real estate brokerages. But the company launched by Maurer, 34, and Ralph Balber, 36, is already making a splash despite its brief, twoyear existence. While Halakar has carved out a niche in the downtown Class B office space market, it also commands enough respect to broker larger deals. Halakar and Indianapolis-based Colliers…

BULLS & BEARS: Share buybacks can be good use of excess cash

August 15, 2005

Long-term investors benefit greatly when a company is able to reinvest its excess earnings into projects that, in turn, produce a high rate of growth in future earnings. When management can expect these investments will produce more than a dollar of value for each dollar spent, the internal compounding of reinvested earnings creates business value and will be reflected in the stock market by a rising stock price. In addition to reinvesting earnings, a company has other alternatives available in…

VIEWPOINT: Signs of economic recovery all around us

August 15, 2005

After weathering some difficult times over the last few years, there are encouraging signs that central Indiana has turned the corner on its road to economic recovery. The Indianapolis metro area added 22,000 jobs in the year ending in March-a 2.4-percent increase-and in May, the Indiana unemployment rate dipped below the national average for the first time since December. All signs point to continued modest growth. Patrick Barkey, IBJ contributor and Ball State University economist, says, “We should expect to…

SPORTS: Tiller rescued Purdue but isn’t immune to critics

August 15, 2005

This year the NCAA mandated that Division I-A football media guides be reduced to a uniform 212 pages. Keep in mind that these fonts of information intended for inkstained wretches had morphed into voluminous pitch-tools for recruits and brag books for boosters. The cutback didn’t prevent Purdue’s sports information office from devoting a copious 11 pages of copy in its 2005 guide to Joltin’ Joe Tiller. Perhaps I (or you, dear reader) should read nothing more into that other than…

Condo wave a ripple locally: Shelved conversions show area not following in national footsteps

August 15, 2005

Condominiums are hot. Apartments are not. In many cities, that current market truism among would-be renters has led to a wave of conversions of apartment complexes to condos. But not in Indianapolis. To date, only a handful of apartment complexes have successfully made the leap from rental to for-sale, notably Lion’s Gate at 86th and Meridian and Ladywood Estates near Emerson Avenue and 56th Street. Much of the reason has to do with the affordability of single-family housing in the…

More business owners embracing economy: High fuel costs, personal debt dampen some optimism

August 22, 2005

Business owners are beginning to show signs of completely emerging from a recessional slumber, although some holdouts remain unconvinced an economic recovery is in full swing. The confidence exuded by the state’s massive manufacturing sector could be sending the most optimistic signal. From 2000 to 2003, manufacturers in Indiana were stung especially hard by the soft economy, shedding 75,000 jobs. While many of those positions may never return, employment levels have at least stabilized. That seems to have provided enough…

Hotel on tap for half of Riverpointe complex: Bloomington owner, Doras to team up on conversion

August 22, 2005

A joint venture between a local hotel operator and the owner of three downtown apartment buildings is bringing an extended-stay hotel to the west side of White River near IUPUI. Bloomington-based Pinnacle Asset Management and Indianapolis-based Dora Brothers Hospitality Corp. purchased Riverpointe Apartments in June. The partnership plans to convert the north tower of the two-building complex into a 143-room Candlewood Suites, said Dora President Timothy Dora. The south tower will remain apartments, but will be extensively renovated, said Pinnacle…

VIEWPOINT: Asian trade mission: different kind of trip

August 22, 2005

Sweat and fatigue. These two conditions dominate my memories of the recent trade mission to Taiwan and Japan. The week-long mission led by Gov. Mitch Daniels was the largest ever of Indiana business leaders and state officials to these countries. Many of the more-than-70-member delegation had independent agendas. Those of us who accompanied the governor never had an opportunity to adjust to the Asian clock, which was 14 hours later than Hoosier time (whatever that means). Most days were packed…

SPORTS: NCAA not shy about taking on hot-button issues

August 22, 2005

The Indianapolisbased NCAA can be-and usually is-accused of a lot of things. Sticking its big, bureaucratic head in the sand is not one of them, at least not any longer. Say what you will about the organization under the leadership of Myles Brand since he came on board as president 2-1/2 years ago, but he has seen to it that wishy-washy is a term best left at the Laundromat. Academic reform and accountability, student-athlete welfare, a streamlined legislative process, rules…

NOTIONS: An empty nest fills with memories

August 22, 2005

Last Sunday morning, I awoke before dawn. Dreading what was to come, I lingered in bed, watching the gray light of a cloudy morning illuminate the houses across the way. Around 7:30, I worked up the energy to get out of bed. I took a shower, popped my morning meds, and headed downstairs. As is their teen-age wont, both my boys were still asleep. So I retrieved The Star and The New York Times from the driveway and glanced through…

Stoeppelwerth & Associates: ‘Staking’ their claim on growth Local engineering firm finds abundant opportunities

August 22, 2005

While most 8-year-old boys were playing with toy trucks, Dave Stoeppelwerth was riding in big ones helping land surveyors at his father’s civil engineering firm. Stoeppelwerth, now 51 and CEO of Stoeppelwerth & Associates, grew up learning the business. In fact, Stoeppelwerth had done enough surveying during grade school and high school that at age 16 he became a crew chief working under his father, Dick, who started the north-side company in 1962. He joined the company full time after…

Museum deflects pork perceptions: Policy wonks decry grant of $12.5M in transportation funds

August 22, 2005

“Why are taxpayers in California and Texas and Massachusetts paying for a museum in Indianapolis?” David Boaz, executive vice president of the Washington-based Cato Institute, wrote on the think tank’s Web site in May as the bill was coalescing. The Children’s Museum of Indianapolis landed the grant under the $286 billion transportation bill signed by President Bush this month. The grant was included in the bill courtesy of Rep. Julia Carson, D-Indianapolis. “Congress constantly uses the Department of Transportation’s budget…

Insurers thinking younger: Healthy, uninsured and 20? WellPoint, Golden Rule, others would like to sell you a policy

August 29, 2005

WellPoint Inc. and other insurers think they’ve found a hot new market-offering high-deductible individual health insurance policies to uninsured people who are young and healthy. It’s a market insurers historically may have overlooked, based on the misconception that uninsured people are poor and in bad health, said Dana McMurtry, vice president of health policy and analysis at WellPoint. Nationally, more than half the 45 million uninsured earn more than $25,000 a year and more than one-quarter top $50,000 annually, according…

BULLS & BEARS: Acquisitions fun to make but might not add value

August 29, 2005

We’ve recently explored some of the alternatives companies have to deploy “free cash flow” to enhance value for shareholders. We defined free cash flow as what a company has left after making the expenditures needed to maintain its standing in its industry. A company typically has multiple options, including making incremental investments in plant and equipment to spur internal growth, paying or increasing dividends, and repurchasing the company’s stock on the open market. Perhaps the most exhilarating use of excess…

Lilly battles five-year flu: Analysts: Drugmaker primed for rebound from Prozac defeat

August 29, 2005

It’s been a challenging five years for Eli Lilly and Co., which has launched nine new drugs yet seen the price of its stock fall by half, wiping out more than $60 billion in market value. However, company officials say the drugmaker has rallied from the jarring setback it received Aug. 9, 2000-when a federal appeals court invalidated Prozac’s patent protection-and are optimistic better times lie ahead. They say the company is positioned to increase profit and revenue, thanks to…

Cleaner diesel fuels growth at southeast-side factory: Former International Harvester plant is a star for Chicago-based parent Navistar International Corp.

August 29, 2005

Workers at the once-beleaguered International Truck and Engine Corp. plant on the city’s southeast side are thinking expansion following a $300 million plant upgrade and word of an aggressive 2006 marketing campaign designed to clean up the public image of diesel engines. Improvements to the 1.1-million-squarefoot Brookville Road facility were necessary to meet U.S. Environmental Protection Agency mandates for diesel engines set to take effect in 2007, but the plant’s future seems secure well beyond that. The local subsidiary of…

SPORTS: Life lessons revealed on a nine-hole golf course

August 29, 2005

I received the best golf lesson of my life recently, and it didn’t cost a dime. My instructor didn’t work on my grip, my stance or my posture at address. He didn’t tell me to keep my head down, my left arm straight or to turn my hips toward the target. We didn’t talk about fluffy, plugged or tight lies. We didn’t talk about reading putts or reading divots. We didn’t work on driving, long irons, short irons, wedge play…

IU makes pigskin promotional push: New coach, aggressive advertising are part of multi-prong strategy to escape financial hole

August 29, 2005

The Indiana University Athletic Department is intent on reaping financial rewards from its football program for the first time in more than a decade with a marketing campaign built around its affable new coach, Terry Hoeppner. IU officials said they will spend nearly as much on marketing the school’s football program this year as on Hoeppner’s $250,000 base salary. Bolstering football attendance is a critical step toward stopping financial hemorrhaging in the school’s Athletic Department, IU officials said. In 2004,…

Incubator under new ownership: Aim is to return center to its entrepreneurial mission

August 29, 2005

Any small-business incubator can offer tenants Internet service, fax machines and conference rooms. But what about the convenience of on-site oil changes or the stress relief of a pinball machine? For Scott Meyers, new owner of the revamped Indianapolis Enterprise Center, the extra incentives are just a small part of his overall plan to make the neareast-side facility more attractive to fledgling entrepreneurs. Meyers, 36, bought the former A&P grocery warehouse in May. He declined to disclose the purchase price…

State unrolls insurer-friendly plan: New strategy aims to recruit, nurture insurance businesses; watchdogs wary of approach

September 5, 2005

The state of Indiana is aggressively courting the insurance industry to add high-paying jobs to the economy, a strategy that comes with a touch of controversy. The Indiana Economic Development Corp. announced late last month the appointment of Mike Chrysler as Indiana’s first-ever director of insurance initiatives. Chrysler then hit the ground driving. He’s already visited the Fort Wayne market and plans to reach several other corners of Indiana to let insurers know the state appreciates their business and wants…

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13,369 results for 'IU Indianapolis'

Articles

Halakar thinks small, deals big: Real estate services firm quickly finds its niche

BULLS & BEARS: Share buybacks can be good use of excess cash

VIEWPOINT: Signs of economic recovery all around us

SPORTS: Tiller rescued Purdue but isn’t immune to critics

Condo wave a ripple locally: Shelved conversions show area not following in national footsteps

More business owners embracing economy: High fuel costs, personal debt dampen some optimism

Hotel on tap for half of Riverpointe complex: Bloomington owner, Doras to team up on conversion

VIEWPOINT: Asian trade mission: different kind of trip

SPORTS: NCAA not shy about taking on hot-button issues

NOTIONS: An empty nest fills with memories

Stoeppelwerth & Associates: ‘Staking’ their claim on growth Local engineering firm finds abundant opportunities

Museum deflects pork perceptions: Policy wonks decry grant of $12.5M in transportation funds

Insurers thinking younger: Healthy, uninsured and 20? WellPoint, Golden Rule, others would like to sell you a policy

BULLS & BEARS: Acquisitions fun to make but might not add value

Lilly battles five-year flu: Analysts: Drugmaker primed for rebound from Prozac defeat

Cleaner diesel fuels growth at southeast-side factory: Former International Harvester plant is a star for Chicago-based parent Navistar International Corp.

SPORTS: Life lessons revealed on a nine-hole golf course

IU makes pigskin promotional push: New coach, aggressive advertising are part of multi-prong strategy to escape financial hole

Incubator under new ownership: Aim is to return center to its entrepreneurial mission

State unrolls insurer-friendly plan: New strategy aims to recruit, nurture insurance businesses; watchdogs wary of approach