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Kurt Beier
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VIEWPOINT: Heads out the door-not the only answer

September 25, 2006

Aug. 25-Unemployment in Indiana has hit the highest level in three years, preliminary government figures show. Whenever I read unfortunate news such as this, I recall a conversation I once had with a senior executive. He casually summed up his strategy for achieving supe rior financial results: “Heads out the door. That’s the first thing I do. That’s the only way I know with certainty that the financial results will be improved.” Heads out the door. This made me think…

New ballet school takes over space left by failed dance group

September 25, 2006

Victoria Lyras began classes for her newly created Indianapolis School of Ballet Aug. 21 in 10,500-square-foot quarters on Capitol Avenue that previously housed Ballet Internationale's Clara R. Noyes Academy, which closed in November because of financial problems. ISB has 20 students so far.

Is it ever too late to build a nest egg?: Even those 55 and older with little savings should still put together a retirement plan, financial planners say

September 25, 2006

Many Americans are woefully unprepared for retirement, according to a recent study from the Employee Benefit Research Institute. The Washington, D.C.-based organization’s latest Retirement Confidence Survey shows 44 percent of Americans age 55 and older have saved less than $100,000. Moreover, only 13 percent have saved at least $250,000, while 30 percent either didn’t know or declined to answer the question. The statistics are hardly surprising to financial planners on the front lines of the battle to convince Americans they…

Preparation is key to surviving disasters of all kinds: Financial experts offer tips to keep your records safe in emergencies

September 25, 2006

Last year’s hurricane disasters in the Gulf Coast region brought to light how easily and quickly personal financial records can be lost or destroyed in a catastrophe. While hurricanes aren’t likely to hit Indiana, tornadoes, fires and floods are always a possibility, as are crimes such as theft, vandalism and identity theft. Financial planners emphasize that it’s important to keep records safe from various disasters that can hit without warning. In fact, they say, it’s good to have a plan…

NOTIONS: Of errors, apologies and redemption

September 25, 2006

Last week, a friend and I stopped by Nordstrom so she could purchase some cosmetics. She found one needed product on the shelf, then asked the clerk if the item she’d asked to be sent from another store had arrived. The clerk said it had, but that they’d sold it to another customer because my friend hadn’t called for it. My friend said she’d never been notified the product was in. The clerk repeated that it’s store policy to sell…

Malls’ redevelopment attracts familiar names: Borders, AMC Theatres among first tenants identified

September 25, 2006

A mix of familiar stores and upscale retailers will be moving into the nowvacant L.S. Ayres space at Greenwood Park and Castleton Square malls, which owner Simon Property Group Inc. is turning into small-scale lifestyle centers. The open-air developments, which will be similar in design to Carmel’s Clay Terrace, have attracted a host of major retailers, including Barnes & Noble, Borders and AMC Theatres. Smaller specialty shops and sit-down restaurants also are planned. Barnes & Noble will be going in…

NOTIONS: Dear philanthropist: Make me a daydream believer

September 18, 2006

Last month, I picked up my boys in Fort Wayne, drove north on Interstate 69, hooked a left at Interstate 94, and got off at the Portage, Mich., exit. There, we whiled away the weekend at a family reunion. The grownups ate too much, caught up on gossip and puttered around the lake in the speedboat. The teenagers, whom we rarely saw, did X-Box battle in the basement. On Sunday, after the kids had surfaced for lunch and the grandparents…

Fewer businesses splurging for employee relocation costs: Perk is more prevalent, though, when attempting to attract high-level executives

September 18, 2006

Paying closing costs on a home or, better yet, asking that a potential employer purchase the house itself are among the brashest requests she’s fielded. Yet the owner of Quiring Associates Inc. expressed some surprise when the Mayo Clinic in Minnesota arranged to move her daughter, a recent Purdue University graduate embarking on her first job no less. “They brought a huge van down to pick up her things,” Quiring said. “They actually wanted her to know how serious they…

Newspaper war erupting in northern suburbs

September 18, 2006

Two new Carmel newspapers will soon join eight others in Boone and Hamilton counties. While the region is one of the fastest growing in Indiana, journalism experts said having 10 newspapers serving a population of just under 300,000 is astounding.

Medical device startup aims for animal market: QuadraSpec raises another $3.9M from investors

September 18, 2006

Fast-growing West Lafayette-based medical-device maker QuadraSpec Inc. announced this month that it raised $3.9 million in venture capital from a syndicate of investors. For a 2-year-old Hoosier startup, that’s a jackpot. But CEO Chad Barden is already searching for more. “You have to start on it right away,” he said. “Now it’s easier to get an audience, but the diligence is no less strenuous.” Since forming in 2004, QuadraSpec has attracted $8.1 million, including multiple grants from the Indiana 21st…

Clarian North’s slow launch doesn’t bother bond analysts

September 18, 2006

Clarian North Medical Center has stumbled out of the gate, with the Carmel hospital reporting losses in its first six months of operation that “well exceed” expectations, a new report says.

Working with the numbers: Using math, local actuaries help companies’ bottom line by analyzing risk to reduce expenses

September 11, 2006

Expanding opportunities Women make up an increasing number of the 18,000 actuaries who work in the field nationwide, but that wasn’t always the case. Kirk recalls a distinct imbalance of men and women in the actuarial field in the late 1970s. “When I first started, I was quite often the only female in professional meetings,” she said. During annual actuary conferences, “the women would kind of clump together because there were so few of us,” but that has changed. At…

Product gives Thomson better hand: New micro-camcorder boosts prospects for unit French parent wants to deal

September 11, 2006

Thomson’s latest product is a lot like the French company’s presence in Carmel, these days. Small, and getting ever smaller. With half the number of employees it had in the late-1990s, Thomson’s Americas unit here is about to be downsized yet again from its current 900-some jobs-but not before enjoying a bit of a surprise hit in a palm-size, under-$130 camcorder. The success of the Small Wonder camera-and a slicker new version due out this fall-could help frame the future…

Local gallery’s goal is to make Picasso more ‘affordable’: Prints from Modern Masters can fetch up to $30,000

September 11, 2006

Chris Mallon carefully removed a protective cover to unveil an original print of the Campbell’s Chicken Noodle Soup label famously depicted by artist Andy Warhol. The piece, known as a silk-screen print, is available at Mallon’s Editions Limited Gallery of Fine Art in Broad Ripple, unframed, for a mere $23,000. So is Marc Chagall’s “Violinist With A Rooster” lithograph that sells for $14,200. While the prices might seem excessive to some, they’re quite affordable when compared to actual paintings done…

PAN founder focuses on another IT venture: BubbleUp aims to standardize musicians’ Web sites

September 11, 2006

It didn’t take David Pfenninger long to get back into the game. Just months after selling Carmel-based Internet-test provider Performance Assessment Network Inc. in April for $75 million to St. Louis-based TALX Corp., Pfenninger is betting on another Internet venture: an online music marketing and management startup called BubbleUp. Pfenninger initially remained part of PAN’s local management team after the acquisition, but stepped down this summer, retaining a role as a consultant. “I thought it was time to make a…

Firm sees opportunity where banks see risk: Oak Street has big hopes for insurance agency loans

September 4, 2006

Bankers like to see plenty of collateral when they underwrite loans. Insurance agents don’t have many hard assets to show them. Free toasters won’t smooth over this credit dilemma. But the leaders of the Carmel-based Oak Street companies boast they can. And they’re poised to capitalize with a fast-growing specialty lending firm. “The first line of our vision statement says we’ll build a long-term sustainable financial-services firm,” said Oak Street Chairman Steven Alonso. “It’s our strategy to diversify.” Founded in…

VOICES FROM THE INDUSTRY: City must continue to encourage public-art projects

September 4, 2006

Since 1821, when Alexander Ralston first began incorporating spaces for public art in his design of Indianapolis, the city has been able to maintain a strong tradition of public art. Today is a good time to evaluate what must be done now to sustain and enhance that 185-year tradition. Public art also bolsters an area’s economic value and makes it more appealing for investors. Outside businesses looking to relocate a branch or headquarters will look more favorably on a community…

Market Square development deadline looming

August 28, 2006

Rival developers are dusting off plans for the former Market Square Arena site now that the partnership the city chose for the project appears on the verge of missing the Aug. 31 deadline to buy the land.

Top Conseco executives opt to live in Chicago

August 28, 2006

Jim Prieur makes a great choice for Conseco Inc. CEO, analysts say. But whether his hiring bodes well for the company’s Carmel headquarters is a different question. Conseco Chairman Glenn Hilliard said last week that Prieur will live in Chicago when he joins the company next month.

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital

August 28, 2006

An Ohio program launched in 2003 to urge development of extremely earlystage companies has already spurred investments worth $239 million in 68 Buckeye startups. Venture capitalists would like to duplicate the program here. But their proposal has been languishing at the Indiana Economic Development Corp. for a month. “We have the application. We haven’t done anything with it,” said IEDC Director of Small Business and Entrepreneurship Bruce Kidd. “This is a classic steeple chase. You’ve got lots of hurdles to…

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8,769 results for 'Carmel'

People

Kurt Beier

Articles

VIEWPOINT: Heads out the door-not the only answer

New ballet school takes over space left by failed dance group

Is it ever too late to build a nest egg?: Even those 55 and older with little savings should still put together a retirement plan, financial planners say

Preparation is key to surviving disasters of all kinds: Financial experts offer tips to keep your records safe in emergencies

NOTIONS: Of errors, apologies and redemption

Malls’ redevelopment attracts familiar names: Borders, AMC Theatres among first tenants identified

NOTIONS: Dear philanthropist: Make me a daydream believer

Fewer businesses splurging for employee relocation costs: Perk is more prevalent, though, when attempting to attract high-level executives

Newspaper war erupting in northern suburbs

Medical device startup aims for animal market: QuadraSpec raises another $3.9M from investors

Clarian North’s slow launch doesn’t bother bond analysts

Working with the numbers: Using math, local actuaries help companies’ bottom line by analyzing risk to reduce expenses

Product gives Thomson better hand: New micro-camcorder boosts prospects for unit French parent wants to deal

Local gallery’s goal is to make Picasso more ‘affordable’: Prints from Modern Masters can fetch up to $30,000

PAN founder focuses on another IT venture: BubbleUp aims to standardize musicians’ Web sites

Firm sees opportunity where banks see risk: Oak Street has big hopes for insurance agency loans

VOICES FROM THE INDUSTRY: City must continue to encourage public-art projects

Market Square development deadline looming

Top Conseco executives opt to live in Chicago

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital