Search – Page 431 – Indianapolis Business Journal

Home » Search

People

Kurt Beier
More Results (11)

Articles

Health care developers eye their next frontier: Northeast Hamilton County offers a lucrative market

March 27, 2006

Chris Hamm’s phone started buzzing with calls from health care developers once plans for an extension of 146th Street east to Interstate 69 crystallized a couple years ago. The Noblesville economic development director said several organizations have shown “significant interest” in planting health care businesses along 146th Street, which will see a big boost in traffic once workers complete the interstate connection in the fall of 2007. At least three health-care-related deals are in the works, he added, declining to…

VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

March 27, 2006

Analysts say the housing market is slowing in Indianapolis and across the nation. Perhaps that’s why three significant, real estate developments have attracted so much local media coverage recently. In one story, the City-County Council approved the development of 28 condos in Broad Ripple, despite strong resistance from the neighborhood association. Meanwhile, local planning councils easily approved two new developments-a subdivision on the far northeast side of town that will feature almost 2,000 homes and a large condominium complex in…

Turned away, twice: Hot biotech inventor scores coastal cash after local VCs say no

March 27, 2006

When a proven Indiana life scientist invents a promising medical technology, you’d expect local venture capitalists would snap to attention. So when Lafayette-based Ash Access Technology Inc. announced March 14 it had landed $6 million in venture capital, it was surprising to note the names of the investors in the deal. None were based inside state lines. But Dr. Stephen Ash wasn’t shocked. After all, he’s been through this before. “I don’t know what happened,” Ash said. “I was disappointed….

More students seek degree online: Working, career-hopping adults drawn by flexible degree format

March 20, 2006

ITT Educational Services Inc. may nearly double by the end of this year the number of degree programs it offers entirely through online instruction as the school seeks to enroll students who can’t make class because of work or family obligations. Six online bachelor degree programs and two online associate degree programs are in various stages of regulatory and accreditation review, according to the Carmel-based technical education provider, which has 38,800 students enrolled at schools in 28 states. President and…

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

March 13, 2006

Indiana’s sixth-largest venture capital fund is winding down. Founded in 1999, Irwin Ventures LLC is a subsidiary of Columbus-based Irwin Financial Corp. The fund, which in recent years reported assets of $20 million, focused on seed and early-stage investments in startup firms that create financial services software and technology. But Irwin Ventures’ speculative investments didn’t pan out as expected. “Based on the results since inception, this line of business was a financial disaster,” said Ross Demmerle, an analyst with Louisville-based…

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery

March 13, 2006

Bariatric surgeons hope a bill being considered in the legislature eliminates lifethreatening waits like Shaul’s and improves access to a surgical specialty that has seen expansive growth in central Indiana over the past few years. The measure, now in conference committee, is expected to win final approval in the waning days of this year’s session. Senate Bill 266 would trim the minimum wait insurers can impose before they cover the surgery from 18 consecutive months to six. It also adds…

Time switch creating computer nightmare: Technology experts predict change to daylight-saving could be Y2K all over again

March 13, 2006

If you have an important meeting starting April 2, beware of relying on your computer for a reminder-there’s a fair chance you’ll be late. The state’s first-ever switch to daylight-saving time will leave thousands of computers confused about what time it is, and their users not much better off. PC clocks have to be adjusted just like the cuckoo over the mantle, but if you forget to switch the timezone setting from “Indiana (East)” to “Eastern Time”-or neglect to check…

Bulls of the Fairways:

March 6, 2006

David Simon and Alan Cohen are outstanding golfers, among the best of all Indianapolis businessmen. The CEOs of Simon Property Group Inc. and Finish Line Inc. share something else in common: Their companies are top performers, with their stock prices more than dou-Professor sees link between golf scores, biz success bling in a little more than three years. Coincidence? Not according to Dan Dalton, golf aficionado and former dean of Indiana University’s Kelley School of Business. “Business is like match…

NOTIONS: As fumes meet fare, my restaurant boycott begins

March 6, 2006

Recently, I testified before the Greenwood Common Council. I spoke in favor of that community’s proposed ban on workplace smoking. The stuff killed my wife, Pam, a 49-year-old nonsmoker, so I encourage practitioners of good government to spare others the same fate. When all the witnesses had filled the allotted 30 minutes, Greenwood’s council members spoke up-most in favor. But an opponent, Councilman Ron Deer, said smokers ought to have choices. No, he said, people should not be able to…

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

March 6, 2006

Simon Property Group Inc. wants to take the wrecking ball to the soon-to-be-vacant L.S. Ayres stores at Castleton Square and Greenwood Park malls, clearing the way for development of a collection of smaller stores and restaurants, sources familiar with the plans say. “There have been numerous site plans circulated showing redevelopment with the existing structures removed,” said Bill French, a local retail broker with St. Louis-based Colliers Turley Martin Tucker. Mark Perlstein, a partner with The Linder Co., an Indianapolis-based…

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

March 6, 2006

Now, Core Business Technology Solutions has gone down the aisle again, tying the knot last month with White Plains, N.Y.-based Convergence Technologies Inc.-a deal that makes Indianapolis headquarters for a company with 270 employees and $105 million in revenue. But, with apologies to Wynette, nobody at this wedding sang, “Stand by your LAN.” The good ol’ local area network is now just a slice of the increasingly diverse information-technology products and services Core offers small and midsize companies these days….

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

February 27, 2006

The Indiana Department of Education’s effort to outfit high schools with computers is a costly endeavor for a state strapped for cash. But installing what is known as open-source software is softening the blow. As the name implies, open-source programming is available for users to study, modify and share freely-a sharp contrast to the proprietary software sold by behemoths such as Microsoft Corp. and Oracle. Expensive licensing fees associated with the proprietary software sent the Education Department looking for alternatives….

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

February 27, 2006

The largest hospital network in Indianapolis will start stretching its reach once again next month, this time south of town, where it could challenge the dominance of St. Francis Hospital & Health Centers. Clarian Health Partners is embarking on a five-year development agreement with Martinsville’s Morgan Hospital & Medical Center that could place more building projects on Clarian’s already crowded construction agenda. The two systems plan to focus their relationship on improving patient care and research, but representatives of both…

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition

February 27, 2006

Opportunity or threat? Indiana businesses brace for growing global competition Next month, President Bush will make his first official visit to India. To most of the American media, it’ll be just one more round of global terrorism discussions with a distant foreign nation, perhaps worthy of a brief. The Indian press knows better. Six weeks ahead of Bush’s trip, banner headlines about it ran in every newspaper. Al Hubbard knows better, too. Friends with Bush since their days at Harvard…

Marsh shares swoon as sale talks drag on: Value of CEO’s stake has been cut almost in half

February 20, 2006

The value of Don Marsh’s stake in the Indianapolis company that bears his family’s name has diminished more than $1 million a month since the company declared Nov. 29 that it was seeking a buyer. Don Marsh, the CEO, owns almost 750,000 shares of Marsh Supermarkets Inc.’s Class A and Class B stock, making him the company’s largest individual shareholder. The price of both stocks has plummeted since the announcement, making his stake worth less than $5 million. It was…

Emerging India: Passage to Bangalore: Hoosiers seek outsourcing and investment opportunities

February 20, 2006

Passage to Bangalore Hoosiers seek outsourcing and investment opportunities BANGALORE, India-The deal was falling apart. Despite a week of flirtation and friendly negotiations, the two young Indian entrepreneurs rejected the offer from the group of Hoosier investors. Frustrated, the investors walked out of the hotel conference room. The chance to speculate on an Indian software startup called Picsquare.comhad fizzled. But none of the six Indiana business leaders was demoralized. After all, they’d crossed the globe to pursue business opportunities in…

Standard stock sinks close to crucial mark: As shares hover around $1, company launches effort to raise $25 million

February 20, 2006

Standard Management Corp. shares are sliding into a dangerous price range as the Indianapolis-based company tries to raise $25 million to continue growing its health-services business. The stock price dipped briefly below $1 earlier this month in NASDAQ trading. It rebounded to close at $1.17 Feb. 10 before slipping back to $1 Feb. 15. NASDAQ imposes a $1 minimum bid price for shares to continue trading on its exchange. Market watchers say Standard is in no danger of suddenly being…

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

February 20, 2006

DataSmith Technologies owner James Smith started looking almost two years ago for a building to house his business, his home and possibly a revenue-generating tenant. What he ended up with was a dilapidated former bar on a struggling section of East 10th Street that had become a haven for vagrants. Smith took a chance on the building at 2032 E. 10th St., most recently home to Mustang Sally’s tavern, largely because of the involvement of the East 10th Street Civic…

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

February 20, 2006

Aearo Technologies Inc., the maker of earplugs and other protective gear, has long been a quiet company. But given its recent performance and the announcement this month that a private equity firm is buying it for an eye-popping $765 million, no one would call it a sleepy one. Indeed, interviews and a review of regulatory filings show the northwest-side company has been on a tear, boosting sales from $284 million in fiscal 2001 to $423 million in fiscal 2005. In…

Bank profit see-sawed before sale: Union Fed investors may have tired of volatile performance

February 13, 2006

Union Federal Bank’s profits have gone up and down like an electrocardiogram since a group of elite investors bought a major stake in the privately held institution in 1999. That wildly inconsistent performance likely played a role in the decision by investors to sell the bank, experts say. On Feb. 3, both the bank and its parent company were sold to Bowling Green, Ohio-based Sky Financial Group Inc. for $330 million. The bank had been the thirdlargest in town. After…

« Previous 1 … 429 430 431 432 433 … 439 Next »

Search Results

8,771 results for 'Carmel'

People

Kurt Beier

Articles

Health care developers eye their next frontier: Northeast Hamilton County offers a lucrative market

VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

Turned away, twice: Hot biotech inventor scores coastal cash after local VCs say no

More students seek degree online: Working, career-hopping adults drawn by flexible degree format

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery

Time switch creating computer nightmare: Technology experts predict change to daylight-saving could be Y2K all over again

Bulls of the Fairways:

NOTIONS: As fumes meet fare, my restaurant boycott begins

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition

Marsh shares swoon as sale talks drag on: Value of CEO’s stake has been cut almost in half

Emerging India: Passage to Bangalore: Hoosiers seek outsourcing and investment opportunities

Standard stock sinks close to crucial mark: As shares hover around $1, company launches effort to raise $25 million

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

Bank profit see-sawed before sale: Union Fed investors may have tired of volatile performance