Big stock run-up puts pressure on HHGregg to deliver
High expectations already are baked into HHGregg Inc.’s stock price, which has doubled since last May. A disappointment could
spawn a sell-off.
High expectations already are baked into HHGregg Inc.’s stock price, which has doubled since last May. A disappointment could
spawn a sell-off.
The FBI is collecting records on an Elkhart real estate deal and an Indianapolis drug case, both involving Marion County Prosecutor
Carl Brizzi and defense attorney Paul Page.
Indianapolis-based health insurer trades jabs with U.S. health secretary after Reuters story claims insurer deliberately cancels
coverage for breast cancer patients.
John Bales' firm earned $2.9M in commissions on leases for state agencies and $270,000 in commissions
on the sale of surplus state properties. He also acted as a developer for public-sector
tenants—putting them into buildings owned by him or his associates.
Clarian Health is planning to build a bed tower at Methodist Hospital in a massive project that shows renewed
commitment
to the downtown campus. The tower would have 175 to 250 beds and allow Methodist to make all its rooms private.
A serial entrepreneur often thrives on getting a business going, making it a success, then selling it off by
taking the firm public, or selling it to private investors or to another firm. The business owner, by contrast, often remains in the same
place, doing the same thing year after year.
The Indiana Health Care Association is looking for a new leader even as it tries to dig out of a pile
of debt. Current President Steve Smith, whose contract expires Nov. 30, says he’s put the organization on a path to be financially stable by 2012. But his predecessor says Smith has ruined a once-strong organization.
A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.
ITT Educational Services and other for-profit educators are buying not-for-profit colleges to gain access to their regional
accreditation. The tactic could fuel rapid growth but makes critics uncomfortable.
Indianapolis’ new public safety director says the city’s pound is woefully underfunded. But he also takes umbrage at critics
who call it a dirty death row for unwanted cats and dogs.
Marion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a
local defense attorney.
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor’s Office to his friend, business
partner and political contributor John Bales.
Indiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.
Small, community banks will bet on their strength in customer service, and large banks will offer business customers lower
costs.
Ann
Lathrop's interactions with the Indiana Pacers and Indianapolis Colts aren't what she might have envisioned as a young
college student pursuing a career in sports medicine. Now president of the city's Capital Improvement Board, her relations
with the teams are tied to their financial conditions rather than the health of their players.
Cleveland-based Benesch Friedlander Coplan & Aronoff LLP gains Indianapolis presence by absorbing 99-year-old local law firm
with 29 lawyers.
Executives are scheduled to testify Tuesday before a California legislative committee and on Wednesday before a U.S. House
of Representatives committee about big premium increases.
The commercial real estate slump is prompting several Indianapolis brokerages to add property-management services to their
portfolios or bolster existing ones.
Indianapolis is on the verge of losing one of its most prominent public companies. The Steak n Shake Co. is planning to
change its name to Biglari Holdings Inc. and move its headquarters to San Antonio. The Steak n Shake restaurant chain would retain a presence in Indianapolis.