Conseco shares fall after dip in fourth-quarter profits
Carmel-based insurer swings to a profit, but earnings from operations decline.
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Carmel-based insurer swings to a profit, but earnings from operations decline.
Nearly 4,000 central Indiana teens are taking part in World Vision’s 30-Hour Famine awareness and fund-raising event
this weekend, according to the international relief organization. In addition to refraining from eating for 30 hours, the
teens are expected to be involved in community service projects throughout the weekend.
A Muncie man survived a close call with an out-of-control car at an auto repair shop on Thursday afternoon. According to police,
the car collided with another vehicle and then careened into Earl’s Auto Repair in Muncie, smashing through a wall.
A mechanic was temporarily pinned by the vehicle and later was taken to a hospital with a few broken ribs, according to the
shop owner.
Executives of Gen Con, one of the city's largest conventions, visited Indianapolis last week to get their first glance
of the construction of the Indiana Convention Center expansion. Local tourism officials are using such tours to market the
larger space.
A man suspected of issuing a bomb threat at Union Hospital in Terre Haute on Saturday has been found dead. Terre Haute police
say the body of 40-year-old Michael Miller was found in a wooded area north of the city on Thursday, and that he matches the
description of a man who demanded methadone at Union Hospital on Saturday. The suspect left a red bag at the hospital pharmacy
window, saying it contained a bomb. Authorities are awaiting an autopsy. Fox59 will have more at 4 p.m.
U.S. House legislators want to get to the bottom of banks' roles in the economic recovery, both via loans to small businesses
and shouldering losses on commercial real estate lending.
The California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint,
believing that their rate-setting and claims practices might be illegal.
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
While insurers get the blame for rising health-care costs for consumers, surging fees from hospitals and the growing dominance
of such providers may be just as responsible for driving up expenses, according to a new study examining California's
market.
The Obama administration on Friday is proposing regulations aimed at protecting workers' retirement savings.
The purpose of the council is to create a university-wide forum to connect all IU campuses and the communities they serve
in addressing regional economic issues.
The battle for General Growth Properties Inc., owner of more than 200 U.S. malls, is turning into the biggest real estate
skirmish since the sale of Sam Zell’s Equity Office Properties Trust.
Carmel-based insurer Conseco Inc. has been profitable for four straight quarters.
The bill now likely will go to a House-Senate conference committee to try to resolve the House-passed and Senate-approved
versions of the bill.
The two sides held their latest round of negotiations in an Indianapolis hotel ballroom as the league’s annual scouting combine
began.
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
Indiana Pacers officials believe with a late surge they can register their second straight season with an attendance increase.
If the Pacers can boost ticket sales by a few hundred per game, the team would be one of only 10 in the 30-team National Basketball
Association to score an increase.
Mayor Greg Ballard plans to renegotiate the city’s trash-collection-and-processing deals, a move aimed at boosting Indianapolis’
woeful 3.5-percent curbside-recycling rate and making the city one of the best environmental stewards in the Midwest.
The ongoing smoking-ban debate is getting a new spark from convention leaders trying to light a fire under
lawmakers, who have been reluctant to approve the kind of comprehensive smoking ban that
health—and now tourism—officials say is needed here.