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G. Bohley III
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Hurco Cos. Inc.

May 18, 2009

Hurco Cos. Inc. Hurco Cos. Inc., One Technology Way, Indianapolis, 46268 (www.hurco.com), designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry. Its products are sold in the United States, Europe and Asia. For the quarter ended Jan. 31, the company reported net income of $354,000, or […]

CTS Corp.

June 1, 2009

CTS Corp. CTS Corp., 905 W. Boulevard North, Elkhart, 46514 (www.ctscorp.com), designs, manufactures, assembles and sells electronic components and sensors. For the quarter ended March 31, 2009, the company reported a net loss of $35.7 million, or $1.06 per diluted share, on $118.1 million in revenue. That compares with net income of $6.7 million, or […]

WellPoint considered going private, CFO says-WEB ONLY

June 3, 2009

Normal 0 false false false MicrosoftInternetExplorer4 WellPoint Inc. executives “explored” a plan to take the company private, its chief financial officer told investors today, according to a Reuters report. Because the stock price of the Indianapolis health insurer has been so low, its leaders considered using its own cash and lots of debt to help […]

Loan defaults could cost David Marsh his Geist home

August 13, 2009

David A. Marsh, the former supermarket executive and current president of the Crystal Flash convenience store chain, could
lose his 11,800-square-foot mansion on Geist Reservoir over three defaulted loans.

Dodson Group hit crisis mode after trusted CFO suspected of theft

August 20, 2009

At first, small-business owner Jim Dodson figured the problem must be a technical glitch. During a routine analysis of
aging unpaid invoices last September, one of his employees couldn’t tie the latest figures to the company’s ledger.
Accounts receivable for his company,
the Dodson Group, had been overstated by $2.7 million—double their true value. And $422,539 was missing from the firm’s
coffers.

Dodson Group CFO to plead guilty to wire fraud

August 24, 2009

A former chief financial officer for The Dodson Group has agreed to plead guilty to wire fraud after admitting to stealing
$422,539 from the Indianapolis-based firm.

HHGregg promotes three executives

September 9, 2009

Indianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including
the appointment of a new chief financial officer.

Irwin Financial files for bankruptcy liquidation

September 21, 2009

Columbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.

NCAA’s CFO named interim president

September 22, 2009

James L. Isch, the NCAA’s long-time chief financial officer, has been named interim president of the association, replacing
Myles Brand, who died last week of pancreatic cancer.

SEC fines former CFO of American Commercial Lines

October 1, 2009

Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based
river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and
Exchange Commission investigation.

WellPoint memos show job cuts starting with mid-level execs

October 8, 2009

With a national unemployment rate of nearly 10 percent eroding its customer base, WellPoint Inc. is cutting at least 30
middle-management employees and reshuffling its corporate organization, according to internal memos obtained by IBJ.

Economist: Recovery at hand, but barriers exist

October 9, 2009

Leading
indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay
a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ’s annual Economic Forecast.

Consultant: Indianapolis water utility lax in overseeing Veolia

October 15, 2009

The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.

ITT stock swoons despite higher profits, enrollment

October 22, 2009

Investors dumped shares of ITT Educational Services Inc. on Thursday morning as the company remained mute on its year-end
profit forecast while announcing that its bad-debt expenses were rising faster than revenue.

Hoosier Park owner misses $13.4M loan payment

October 29, 2009

Indianapolis-based Centaur LLC, owner of Anderson’s Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.

Bands of America Grand Nationals Finals

November 11, 2009

Nov. 12-14
Lucas Oil Stadium
Hearing a thumping outside your downtown office? If you are reading this any time on Thursday or Friday after 10:45, that sound is probably coming from Lucas Oil Stadium, where 90 bands from around the country are squaring off in competition. They’ll be narrowed down to 36 for Saturday afternoon, with the top 12 moving on to Saturday evening’s finals.

If you tend to like the half-time show more than the game, this is the event for you. In addition to the action on the field, it includes clinics, a 100-booth expo, and student leadership workshops. For details, click here.

KATTERJOHN: Indiana Achievement Awards live on

December 3, 2009

en years ago, Dodson Group CEO Jim Dodson came to IBJ with an idea to launch a program that would recognize
best practices in the not-for-profit community and reward organizations that practiced them. And not just with
a pat on the back—with hard cash.

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G. Bohley III