Analyzing intrinsic value unearths some bargain stocks
investors looking at business valuations likely will conclude there are companies selling at
prices less than their intrinsic values.
Banking & Finance
Articles
State public company execs grab up stock as prices fall
The unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
Automotive Finance Corp. writes off $162 million, reflecting slow auto sales
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Greensfork Township State Bank to acquire local startup that failed to live up to high hopes
A rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
Companies face pension-plan shortfalls
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
Government shouldn’t bail out free market system problems
Since 1913, there has been a growing reluctance from our political leaders to allow financial setbacks in our nation to occur
in banking, and that’s been a huge mistake.
Lean companies have best chance to survive
Make your business look as attractive as possible to your banker because you are competing for financing with other small
businesses.
Former Conseco director liable for some unpaid stock loans
Dennis E. Murray Sr. was declared liable in October by U.S. District Court Judge Larry J. McKinney for at least some of the
millions of dollars he borrowed to buy Conseco stock in the late 1990s.
Fed’s TARP changes adding to anxieties
Experts with the Troubled Asset Relief Program, the government’s financial bailout program, are struggling to figure out how
best to relieve America’s financial mess.
Be careful: Stock market turmoil will likely persist
Here is something I know you don’t want to hear: This bear market isn’t over.
DBSI, an Idaho company with Indiana properties, faces class-action suit
DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and
investors are in Indianapolis.
Turbulent times spell opportunity for small businesses
Healthy banks have adopted stronger risk prevention measures for good reasons, but it’s important to know that well-performing
banks are still writing loans for small business and servicing their needs every day.
Bankers comfort customers worried about stability in wake of financial crisis
Banks launch campaigns to sooth jittery customers about the safety of their deposits, following an economic crisis that has brought down investment banks and sent stock values plummeting.
Lending, deposits increase at credit unions despite subpar economy
While many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending
and other plain-vanilla banking practices.
Accounting firms preparing for new international standards
For corporations with a global presence, the transition to International Financial Reporting Standards should streamline
the world’s financial reporting system.
Bailout helping PNC take over NatCity
After a 17-year run in Indianapolis, National City’s trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial. The $5.6 billion deal raises questions about the government’s growing involvement in banking.
Market plunge makes investments in good firms a bargain
The stock market rout that began in September and picked up steam in October has taken some quality companies to prices that
are the cheapest they have been in decades.
Hospitals suffer from spiking bond interest rates, investment losses
Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can.
Plan trustees under increasing scrutiny
Times have changed and now plan trustees must ask themselves, "Am I wiling to take the chair" and defend
my actions,
or lack thereof, in a court of law?
VIEWPOINT: Throw crooks in jail, fire dummies
The $700 billion bailout of our country’s financial system may be necessary, but it ultimately will prove useless unless real change is enacted to prevent a repeat performance of this fiasco. What the American people should be demanding is for someone to give them a clear explanation of what really happened to create the financial mess. Remember, after the market crash of 2000, the Wall Street research scandal (where nearly every Wall Street firm admitted to lying to clients through…