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    Kurt Beier

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Articles

Spotlight on Hamilton County

January 19, 2009

Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Carmel ……………………………………….68,677 Fishers ……………………………………….65,382 Noblesville ………………………………….41,561 Westfield …………………………………….20,459 Cicero ………………………………………….4,439 Sources: U.S. Census Bureau special census (Fishers and Carmel) and July 2007 estimates 5 LARGEST EMPLOYERS employees Roche Diagnostics………………………….3,650 Conseco […]

Carmel’s Ragin’ Roundabouts

January 19, 2009

Carmel’s plans for a total of 60 roundabouts by 2011 drew gasps of admiration from the crowd at this year’s National Roundabout Conference. And ultimately,…

Angie’s List announces employment cuts-WEB ONLY

January 20, 2009

Just three months after announcing an aggressive expansion, Indianapolis-based Angie’s List said today it is eliminating 90 jobs-about 20 percent of its work force. In an effort to trim costs, 50 jobs will be cut from the data acquisition and processing departments and another 40 from other departments, CEO Bill Oesterle said in a statement. The […]

ITT profit up 34 percent in 2008-WEB ONLY

January 22, 2009

A 29-percent increase in student enrollment helped ITT Educational Services Inc. grow its fourth-quarter revenue to $279.8 million, up from $230.4 million the same period the prior year. The Carmel-based technical school operator released financial results for the period ending Dec. 31 this morning. ITT posted a $63 million profit for the quarter, up 30 […]

Pilot accused of fraud in federal court-WEB ONLY

January 22, 2009

The Hamilton County pilot accused of faking his own death appeared in federal court this morning. But a public defender says Marcus Schrenker, 38, isn’t mentally competent to stand trial. Schrenker’s attorney has asked a Florida federal judge to order a mental evaluation. Investigators say the Carmel investment adviser intentionally crashed his airplane in the […]

Analyst: ITT in ‘near-ideal environment’-WEB ONLY

January 22, 2009

A tight job market helped ITT Educational Services Inc. post financial results this morning that would make most public companies envious. For the period ending Dec. 31, the Carmel-based technical school operator reported fourth quarter revenue of $279.8 million, up from $230.4 million the same period the prior year. ITT posted a $63 million profit […]

UPDATE: ITT in ‘near-ideal’ environment-WEB ONLY

January 22, 2009

A tight job market helped ITT Educational Services Inc. post financial results this morning that would make most public companies envious. For the period ending Dec. 31, the Carmel-based technical school operator reported fourth quarter revenue of $279.8 million, up from $230.4 million the same period the prior year. ITT posted a $63 million profit […]

SMALL BUSINESS PROFILE: KERNS INTERNATIONAL LLC-WEB ONLY

January 24, 2009

Once recruited for a high-level management position at a major soft drink company, John Kerns is now the recruiter, searching for presidents, vice presidents and directors for a number of Fortune 500 fi rms. But with the economy nosediving and companies laying off workers by the hundreds and thousands, Kerns calls this the most difficult […]

SBA loan approvals

January 26, 2009

These businesses have received loans from financial institutions with
a guarantee
from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled.

Financial crisis, recession hammer deal flow

January 26, 2009

Companies searching for a merger or acquisition partner had one heck of a time finding a match last year. Place much of the
blame on the credit crunch that rattled the nation’s economy and sent deal-making into a downward spiral.

Carmel Clay proposes budget cuts-WEB ONLY

January 27, 2009

The Carmel Clay School District is looking for ways to trim millions of dollars from next year’s budget. Administrators revealed a plan for across-the-board cuts totaling $1.85 million. The plan would mean layoffs for a number of teachers, including several in the foreign languages. Other instructors would be paid more to teach an extra class […]

Banks reel in real estate-WEB ONLY

January 31, 2009

The unfinished eight-story luxury condo building at 707 E. North St. is on track to get a reluctant new owner: Cincinnati-based Fifth Third Bancorp. The stalled Beilouny Luxury Properties development near Massachusetts Avenue could join dozens of properties-from undeveloped residential lots to half-vacant office buildings-to land on the books of banks during one of the […]

Entrepreneurs pursuing patient advocacy trend

February 2, 2009

Patients are seeking help with their doctors, records and referrals as the health care system grows increasingly complex.

Texas developer and New Hampshire not-for-profit promise attention for seniors who prize stable prices

February 2, 2009

A Texas developer of retirement communities has targeted Carmel for a style of assisted living new to the Indianapolis area that offers on-site health care for the unusual arrangement of a fi xed monthly fee.

Foreclosed properties create quandary for financial institutions

February 2, 2009

Real estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.

TechPoint to make awards to IT

February 2, 2009

The state’s technology initiative, TechPoint, is adding two categories to its annual Mira awards: health care IT and corporate
IT.

NASA contracts soaring-WEB ONLY

February 7, 2009

Indiana’s share of NASA spending amounts to little more than a shiny penny at the bottom of a clothes dryer. Only $130 million made its way to the state in 2007-virtually nothing compared to the $12 billion the space agency doled out to all states and the $5 billion Indiana companies snagged from the U.S. […]

NASA contracts soaring

February 9, 2009

NASA begins to award more grants to Indiana firms and universities.

Some female small-biz owners anticipate boost from changes by new administration

February 9, 2009

Some local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.

Madoff investor list includes Hudson Institute-WEB ONLY

February 9, 2009

A newly released list of clients of disgraced investment manager Bernard L. Madoff does not include any of Indianapolis’ most prominent businesspeople. But it does identify as clients the Hudson Institute, the prominent think tank that relocated from Indianapolis to Washington, D.C., in 2004, as well as north-side resident Howard J. Glass. The 162-page list […]

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