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SPORTS: Venue menu could be as limitless as the sky above it

September 15, 2008

Of this, that and the other while pondering the fact that the Indianapolis Colts have not yet been mathematically eliminated from the playoffs: So I’m sitting in Lucas Oil Stadium before that seasonopening loss to the Bears and my mind wanders, not to the present, but to the future. Yes, the stadium already is home to the Colts as well as upcoming NCAA basketball, including a men’s regional next spring, the men’s Final Four in 2010, and the Women’s Final…

Expectations high as Economic Club opens season: Group sees turnaround in sponsorships, attendance

September 15, 2008

Organizers of the Economic Club of Indiana believe they’ll hit a home run when their first speaker of the season, Eli Lilly and Co.’s new CEO, John Lechleiter, steps to the podium Sept. 24. “I believe John Lechleiter will blow the socks off the place,” predicted Steve Walker, who serves as club president and also is CEO of WalkerInformation. Just a few years ago, club organizers weren’t in a position to be so upbeat. Early this decade, the club witnessed…

Commentary: Can we Bank on Indianapolis?

September 15, 2008

Whoa. Those figures, based on national averages from the Federal Deposit Insurance Corp., don’t paint a pretty picture. People without bank accounts tend to keep cash at home or in their pockets, which increases the likelihood of crime. They create a market in which predatory lenders can thrive. They fail to reach their full potential, and so do the cities where they live. We have a problem. Now what can we do about it? We could take a cue from…

Lilly Endowment crawls toward diversification goal: Bear market, low Lilly stock price slow selloff

September 15, 2008

Lilly Endowment Inc. is still on its journey to sell off $2 billion of its Eli Lilly and Co. shares. But after a slow start and a few stops for rest, it may take a little longer to get there than originally thought. The endowment, the single largest holder of Lilly stock, announced its plan to diversify its holdings back in July 2006. For nearly 70 years, the not-for-profit held its wealth almost exclusively in the pharmaceutical company’s stock. So…

Wall Street woes crash Colts’ value

September 16, 2008

The crash on Wall Street yesterday reverberated right through the Indianapolis Colts’ 56th Street headquarters. How on earth are a stock market decline and the National Football League related? Here’s how.

Forbes magazine last…

Regional banks surge amid Wall Street turmoil

September 18, 2008

As stock prices of Wachovia Corp. and other big names in banking take massive hits, regional banks like Integra and Old National in Evansville are quietly racking up large gains. An analysis of the best-performing Indiana stocks since Sept. 1 reveals regional banks atop the list. Integra Bank Corp. has seen its shares soar nearly […]

Colts roll back stadium opening

September 18, 2008

The Indianapolis Colts have rolled back the opening of Lucas Oil Stadium by two hours on home game dates. LOS will now open two hours before games, instead of the four hours it…

Parking for disabled Colts fans ID’d

September 19, 2008

The Indiana Stadium and Convention Building Authority announced today that 125 to 150 additional parking spaces for guests with disabilities have been identified around Lucas Oil Stadium.

The ISCBA said three areas will now…

VIEWPOINT: Sounding out new stadium was painful

September 22, 2008

During the Kenny C h e s n ey / Ke i t h Urban concert on Sept. 13, Lucas Oil Stadium passed its first test as a concert venue. Not acoustically-the sound ranged from barely acceptable to awful, depending on where you sat-but customer service-wise. Anticipating some problems, stadium management had set aside a number of seats for people who complained. When I went to the first-floor ticket window, they replaced my seats in Section 635-upper level, rear of…

WellPoint pushes sales force to market life, dental, vision

September 22, 2008

WellPoint Inc. touts as the company’s biggest strength its dominant market share in its health insurance markets. But now
the officers of the company are working to branch out beyond health insurance. They’re training their sales force
on how to better sell dental, vision and even life and disability insurance–which WellPoint refers to as its specialty group
of products.

Hands-on strategy turns Mike’s Carwash into industry model

September 22, 2008

Mike’s Express Carwash makes money the old-fashioned way. The second-generation family affair, now celebrating its 60th
year, has invested its reserves in steady expansion, becoming a model for the $23.4 billion industry in
the process. And its owners still sweat the small stuff.

SPORTS: Time to deflate that which inflated city’s image

September 22, 2008

Last week’s column looked ahead to the limitless possibilities of Lucas Oil Stadium. This week’s topic is a last look back at the Hoosier/RCA Dome because, this Wednesday, the Dome will be deflated and it will pass forever from our skyline. But not from our memories. Imagine our city without it. There would be no Indianapolis Colts. There likely would be no forthcoming Super Bowl, no Final Fours and no NCAA headquarters. There likely would have been no Pan American…

Tough economy touching all industries, but some are hurting more than others

September 22, 2008

Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.

INVESTING: Excessive use of leverage now walloping Wall Street

September 22, 2008

Here’s a well-worn saying about businesses that engage in risky behavior: “You only find out who has been swimming naked when the tide goes out.” If so, we are nearing low tide and the biggest nude beach on the planet is on display in lower Manhattan. These recent events are historic. Lehman Brothers, a 158-year-old firm that survived the Depression and world wars, was forced into bankruptcy due to leveraged bets on subprime securities and risky loans made over the…

Colts: Getting a stadium 101

September 22, 2008

Before the Indianapolis Colts beat the Minnesota Vikings on the field Sept. 14, they were schooling them off the field.

Vikings owner Zygi Wilf and his top lieutenants spent two days the week before…

RIP, RCA Dome

September 24, 2008

Today is deflation day for the 24-year-old RCA Dome. Former Mayor Bill Hudnut is scheduled to begin letting the air out at 10:30 a.m. The stadium was built for $82 million…

Parks district to reuse RCA Dome roof

September 25, 2008

The Indianapolis Department of Parks and Recreation imagines a future where pieces of the RCA Dome roof are sprinkled throughout the city as everything from picnic shelters to shades for pool lifeguards. Director Stuart Lowry said the district hopes to salvage as much of the seven-plus acres of roof as can be taken down safely […]

SPORTS: Some stop paying, start playing when money’s tight

September 29, 2008

Goodness knows, I’m not an economist. One look at my checking account would confirm that. So as my wife and I gather in front of the evening news and try to digest the ups and downs of the stock market along with our dinner, we, like most Americans, can only hope and trust (?) that our wiser (?) government and financial leaders will find a way out of the morass. We’re luckier than many. Our children are raised and college…

Emmis’ market value in free fall as radio industry takes beating

September 29, 2008

For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis’ stock has fallen 84 percent, shrinking the company’s stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis’ highest-profile businesses.

Simon Property Group exploring overseas markets

September 29, 2008

Simon Property Group Inc. has been readying its balance sheet and sizing up buyout targets in hopes of capitalizing on
a worldwide markdown on shopping-center owners.

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Articles

SPORTS: Venue menu could be as limitless as the sky above it

Expectations high as Economic Club opens season: Group sees turnaround in sponsorships, attendance

Commentary: Can we Bank on Indianapolis?

Lilly Endowment crawls toward diversification goal: Bear market, low Lilly stock price slow selloff

Wall Street woes crash Colts’ value

Regional banks surge amid Wall Street turmoil

Colts roll back stadium opening

Parking for disabled Colts fans ID’d

VIEWPOINT: Sounding out new stadium was painful

WellPoint pushes sales force to market life, dental, vision

Hands-on strategy turns Mike’s Carwash into industry model

SPORTS: Time to deflate that which inflated city’s image

Tough economy touching all industries, but some are hurting more than others

INVESTING: Excessive use of leverage now walloping Wall Street

Colts: Getting a stadium 101

RIP, RCA Dome

Parks district to reuse RCA Dome roof

SPORTS: Some stop paying, start playing when money’s tight

Simon Property Group exploring overseas markets