Ingredients in place for plethora of Hoosier IPOs
Some Indiana firms are adding management and board firepower—moves likely to help them win over investors should they move ahead with public offerings.
Banking & Finance
Articles
SKARBECK: Debt-ceiling issue has no easy solutions
The public must understand that the arguing in Washington over raising of the debt ceiling is just political posturing.
HICKS: Remembering those who fought, and why
Three times as many Hoosiers perished in the Civil War than the nation as a whole has lost to battle since Vietnam.
Merrillville-based bank targets Carmel
Centier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is considering future expansion in the Indianapolis-area market.
Indiana companies attracting more VC this year, report says
The $68.6 million invested in Indiana companies through the first quarter comes close to approaching the $79.3 million total that venture capital firms invested in the state in all of 2010.
SKARBECK: Simple investing strategies no match for ‘infrastructure’
What some call the ”institutional imperative” is deeply engrained, and returning to a simpler investment strategy would put a large part of the infrastructure out of business.
HICKS: Slow recovery doesn’t favor intervention
Most disagreement over economic policy is not based on theory; rather it is based on the discordant views about the ability of government to quickly and efficiently spend a stimulus or target a tax cut.
Grameen Bank to open Indianapolis branch
City would become third U.S. location for lender that makes small business microloans to the poor.
ExactTarget stays patient as riches from IPO await
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.
Businessman settles with SEC in fraud case
A Sheridan businessman has reached a settlement with the Securities and Exchange Commission in a case alleging he bilked investors, engaged in illegal trading practices and misappropriated funds.
SHEPHERD: Credit cards hurting too many businesses
Expensive personal credit undermines credit scores and ultimately the odds of more traditional lending.
Regional banks targeting midsize companies in Indiana
Improved economy, loosening credit standards are driving increased lending.
Credit unions gun for more traditional bank business
A push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
Indiana Downs owner halts lawsuit amid bankruptcy
Cordish Cos., a real-estate developer trying to build a casino near Baltimore, must temporarily halt a defamation lawsuit against the chief executive officer of Shelbyville casino owner Indianapolis Downs LLC, a federal judge said Tuesday.
Indiana Live makes staff reductions
Indiana Live laid off about 30 members of its 800-person staff this week as the race track and casino’s owners sort through Chapter 11 bankruptcy.
City slow to spend $29M in federal funding for neighborhoods
Indianapolis has lagged in making payments to not-for-profit developers executing a huge federal program to rehab neighborhoods, putting a strain on those groups and setting the city behind in spending its share of the money.
SKARBECK: Microsoft stuck in 1990s when acquiring companies
Microsoft Corp.’s acquisition of Skype for $8.5 billion, announced May 10, continues a long history of a lack of price discipline in Silicon Valley.
HICKS: Gas prices explained by simple economics
Oil prices are affected by the demand for petroleum products, the available supply of oil, the value of the currency in which it is denominated, and uncertainty about future supply or demand.
Eli Lilly’s slumbering stock finally shows signs of life
Is it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted thousands of millionaires?
Northwest-side medical building facing foreclosure
The operator of the building at 8424 Naab Road near St. Vincent Hospital is accused of owing an Illinois investment firm $4 million.