Indianapolis-based FAST Diagnostics gets funding from BioCrossroads’ seed fund
Money will help the company refine its tool to treat acute kidney injury.
Investing
Articles
HAUKE: Sinking of dark pools may have consequences
If I were working with the SEC, I would exercise some caution before issuing new regulations about these dark pools.
SKARBECK: Market a bright spot amid worrisome economy
The financial media have the corks ready to pop as the Dow Jones industrial average re-crosses what pundits claim is the â??psychologically importantâ?? 10,000 level.
Dow Jones industrials close above 10,000
The Dow Jones industrial average is back above 10,000 for the first time in a year.
Conseco shares soar on hedge-fund investment
Shares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.
Schrenker plans book about plane crash
An indicted Indiana money manager plans a book about an attempt to flee mounting personal problems that ended with him parachuting
from a plane that later crashed into a Florida swamp.
Securities firm Stifel Nicolaus balks at fraud charge
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
HAUKE: October likely to avoid much-predicted scariness
The two largest stock market crashes occurred in October.
Trial delayed for money manager Schrenker
An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake
his own death by jumping from a small plane before it crashed in Florida.
Events to teach personal finance, money management
Hundreds of free events to educate consumers on personal finance and money management will occur around Indiana the week of
Oct. 10-17 as part of the Federal Reserve Bank of Chicago’s annual Indiana Money Smart Week.
Stock-market rebound lifts hopes of Hoosier mutual funds
The economic downturn walloped all three of the mutual funds headquartered in Indiana. But they’ve each enjoyed significant
recoveries this year. And the smallest of the bunch has big plans to break away from the pack.
SEC fines former CFO of American Commercial Lines
Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based
river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and
Exchange Commission investigation.
SKARBECK: Trading in failed firms really isn’t ‘investing’
Who is “investing” in these stocks and why? It is safe to say they are not
investors who have done the exhaustive work of valuing the assets and liabilities, who then reached a conclusion that they
were getting good value for their money.
State charges Stifel Nicolaus didn’t disclose risks of auction-rate securities
An administrative complaint filed today by the Indiana Secretary of State’s Office alleges Stifel Nicolaus failed to disclose
risks associated with the sale of auction-rate securities to 141 Hoosiers who invested $54.9 million.
Purdue student-inventor nabs VC on TV show
A Purdue University student who invented a soy-based modeling dough walked away with a $300,000 investment after appearing
Tuesday on the ABC show “Shark Tank.”
Greenwood man admits stealing cemetery funds
A man admits embezzling about $4.2 million in perpetual-care trust funds from a Michigan cemetery operated by his Indianapolis-based
company.
HAUKE: Gold-crazed investors keep pushing price up
Gold has been part of our story since the beginning of time. For at least 5,000 years, humans have been able
to find it, mine it, process it and shape it into all kinds of things.
COX: Converting to a Roth IRA offers considerable tax breaks
The deadline for converting traditional individual retirement accounts to Roth IRAs arrives at the end of the 2009.
PITTSFORD: Business ownership brings stability and greater financial rewards
Owning your own business is more attractive today than ever, especially if you are in your 20s or 30s.
A battered stock market is no reason to stop investing for a college education
It’s no time to be cautious about investing for a college education. Rather, the drop in the stock market presents an ideal time to be aggressive.