Audiovox sees gains in antenna sales
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
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Articles
Old National striving to be ‘Indiana’s bank’
Old National’s purchase of 65 Charter One branches deepens its foothold in Indy.
Merchants Bank of Indiana is top home-grown bank
Merchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
Clarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
Clarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new nonprofit group called the Indiana Clinic.
Indiana banks: Best in class-WEB ONLY
These days, many of the nation’s biggest banks need bailouts to avoid bankruptcy. But plenty of institutions far from the limelight of New York and other banking centers continue to make money and manage their affairs well. Which Indiana-based bank does it best? Merchants Bank of Indiana, whose main office is in Carmel, books better […]
Clarian planning bypass?-WEB ONLY
Clarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new group called the Indiana Clinic. Bringing so many physicians together from all specialties could allow them to improve quality, reduce costs and perhaps boost Clarian’s central Indiana market share. It also is likely to […]
Around town pizza roundup
Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women’s clothing store near 62nd Street and College Avenue in Broad Ripple. Plans call for the restaurant…Saturated sub-sandwich market awaits Firehouse-WEB ONLY
Firehouse Subs said yesterday it plans to open its first store in the Indianapolis area this summer, with as many as 27 more to follow within the next seven years. But a local retail real estate broker who once owned several franchise restaurants thinks an already saturated sub-sandwich market will make it difficult for the […]
Conseco critic lands seat on company’s board-WEB ONLY
Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting in Carmel. Exact vote totals were not […]
Clarification-WEB ONLY
A story in Friday’s IBJ Daily quoted Mike Renninger, principal of Carmel-based consultancy Renninger & Associates, as saying he doesn’t foresee any bank acquisitions this year resulting from the stress tests. What it should have said is that larger, regional banks in Indianapolis likely won’t be a target.
Conseco critic lands seat on company’s board-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting […]
Conseco shares leap after first profit in 3 years-WEB ONLY
Shares of Conseco Inc. rose as much as 30 percent this morning after the company reported its first quarterly profit in three years. The Carmel-based owner of life and health insurance companies turned a profit of $24.5 million, or 13 cents per share, in the three months ended March 31. In the same quarter a […]
Irwin loses $94 million in first quarter-WEB ONLY
Columbus-based Irwin Financial Corp. said today it lost $94 million, or $3.07 per share, in the first quarter due to costs related to the company’s restructuring. The deficit compares with a loss of $22 million, or 77 cents per share, in the same period a year ago, but is less than the $104 million it […]
Conseco profit misses analyst predictions-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. this morning reported a lower-than-expected profit of $24.5 million, or 13 cents per share, in the first quarter. That compares with a loss of $7.2 million, or 4 cents per share, in the same period […]
Lauth needs financing, real-estate recovery to emerge from bankruptcy
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.‘Epic’ investment losses hit hospitals
Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to
a near halt this year. It ran into a wall of investment losses.Investor makes case against Conseco’s board
Investor makes case against Conseco’s board Shareholder advisory firm sides with critic seeking seat An activist shareholder vying to become a director of Conseco Inc. says the insurance company’s board “completely misjudged” the risks it faced when it emerged from bankruptcy in 2003 and hasn’t recovered since. Now an independent shareholder advisory firm is siding […]
Cities shouldn’t subsidize leisure
To hold Carmel up as a healthy community is to turn a blind
eye to the mountain of debt run up by that city’s mayor. Healthy communities provide the fundamental necessities in a balanced
way that does not put undue burden on those who live in that "time and space."Lauth looks for quick cash
Lauth looks for quick cash Once-powerful developer needs financing, real-estate recovery to emerge from bankruptcy The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts […]
‘Epic’ losses hit hospitals
‘Epic’ losses hit hospitals Investment portfolios have shed millions, putting expansions on hold until recovery Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to a near halt this year. It ran into a wall of investment losses. A case in point: Indianapolisbased Clarian Health suffered a […]