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Articles

Rain tames Crooked Stick in first round of BMW Championship

September 9, 2016

Storms and heavy rain caused a 3-1/2-hour delay and changed Crooked Stick Golf Club's greens from fast and firm to soft and accessible Thursday during the first round of the BMW Championship in Carmel.

City Securities being acquired by fast-growing regional brokerage Stifel

September 3, 2016

The sale ends a 92-year run of ownership by the Peterson family, which opened the business five years before the onset of the Great Depression and built a preeminent position in the municipal bond business that continues today.

OneAmerica to dissolve mutual funds

August 25, 2016

OneAmerica Financial Partners Inc. is getting out of the mutual-fund-management business after 26 years—dissolving four funds with a total of more than half a billion dollars in assets.

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Investors to weigh Fed words for clues to future rate hikes

March 16, 2016

Most Fed watchers think the central bank wants more time to assess the financial landscape. Resuming its rate hikes too soon could slow growth or rattle investors again.

5 things to look for Thursday in Lilly’s earnings

January 25, 2016

Executives at Eli Lilly and Co. are telling investors the worst is behind the company and only good things await. But the drugmaker still has a few things to prove.

Finish Line’s ‘self-inflicted’ blunders leave analysts skeptical

January 14, 2016

The Finish Line Inc.’s disastrous third quarter stemmed from management miscues, a well-worn story that has made some analysts skeptical that incoming CEO, Sam Sato, will usher in better times.

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Chipotle tweaking cooking methods in wake of outbreaks

December 23, 2015

The fast-but-fresh restaurant chain plans to change the way it handles its meats, vegetables and cheese to combat a hit to its image from incidences of foodborne illness.

Main Street’s muni-market fight with Fed gains force in Congress

December 15, 2015

Main Street and Wall Street are fighting the U.S. Federal Reserve over municipal bonds—and they’re gaining ground.

Sale might provide salvation for Stonegate investors

November 19, 2015

After a rocky two years as a public company, perhaps the best path forward for Stonegate Mortgage Corp.—now that the board has given the company’s CEO and founder his walking papers—is to pull the rip cord and sell the business.

Fed’s most powerful trio keeps December rate rise on table

November 5, 2015

Federal Reserve Chairwoman Janet Yellen and New York Fed President William Dudley said the central bank could boost interest rates as soon as next month, while Fed Vice Chairman Stanley Fischer voiced confidence that inflation isn’t too far below the goal.

University endowment returns falling short this year

August 31, 2015

U.S. public-university endowments are reporting fiscal 2015 returns that fail to meet the annual industry standard.

Evansville’s Berry Plastics diversifies with $2.45B buy

August 3, 2015

Berry's purchase of Avintiv is the latest in a string of deals in the fast-consolidating packaging industry.

Cigna: Anthem’s baggage makes marriage risky

June 22, 2015

Cigna said Anthem’s a risky bet due to fallout from its massive data breach, lawsuits that accuse it of conspiring to inflate prices, and lack of a growth strategy. But Wall Street thinks this deal is going to happen, unless Cigna can find another buyer.

Hill-Rom to acquire medical supplies firm for $2 billion

June 17, 2015

The acquisition lets Hill-Rom, a maker of hospital supplies for wound care and respiratory health, delve further into the market for diagnostic supplies for physicians and emergency responders

Potential deal drama heats up among five health insurers

June 17, 2015

The biggest U.S. providers—UnitedHealth Group Inc., Anthem Inc., Aetna Inc., Cigna Corp. and Humana Inc.—are all looking at possible combinations. Indianapolis-based Anthem is considering a takeover of Cigna or Humana, a person familiar with the matter said.

Pacers’ Copeland, wife stabbed outside NYC nightclub

April 8, 2015

Police say the couple was arguing on the street when a group interfered. The dispute escalated until one man pulled out a knife.

Springleaf to move HQ out of state after $4B acquisition

March 3, 2015

Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.

Staples agrees to buy Office Depot for about $6.3 billion

February 4, 2015

Staples Inc. plans to acquire Office Depot Inc. in a deal that will reduce the U.S. office-supply industry to a single major chain and test the limits of antitrust regulators.

Obamacare brings boost to WellPoint

December 23, 2014

WellPoint’s stock price rose 53 percent from Sept. 30, 2013—the day before the Obamacare insurance exchanges started up—until Dec. 19, 2014, when the price closed at $127.95.

Obamacare launch has goosed WellPoint stock by 50 percent

November 3, 2014

WellPoint’s stock has benefited the most among major insurers since the 2013 launch of the Obamacare exchanges, along with tax subsidies to buy insurance.

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