Indianapolis Business Journal articles from January 2002

Indianapolis Business Journal archives from January 2002

Luxury stays afloat: High-end boat market sails on despite recession.(Brief Article)(Statistical Data Included)
January 7, 2002... For a recession-proof business, luxury boats seem unsinkable. While the recreational boating industry nationally is suffering both from a contracting economy and changing recreational diversions, wealthy buyers of high-end craft such as...

Enterprise zones at risk: Eliminating inventory tax would ruin key incentive.(Indiana)(Brief Article)
January 7, 2002... Tinkering with the Indiana tax code is a tricky proposition and it can have unintended results. Witness the hypothetical consequence of eliminating the inventory and corporate gross taxes on the state's urban enterprise zones. There are 24...

Local stocks finish strong: Area's public companies rebound after Sept. 11, avoiding dismal year.(Indianapolis)(Brief Article)(Statistical Data Included)
January 7, 2002... Shares of the medical device maker Guidant Corp. were down 50 percent for 2001 as of July, as investors fretted the company was behind in the lucrative market for drug-coated stents. But after it formed a partnership with Bloomington-based...

Telemarketers cope with new restriction: Firefighters withdraw 'no call' challenge; others want to alter new law.(Brief Article)
January 7, 2002... Some 784,217 telephone Hoosiers put their names on the state's "no-call" list. The day after the Professional Fire Fighters Union filed a lawsuit that threatened to overturn the law, 250 of those customers--including some fire-...

Schools explore 'What ifs': Lilly Endowment grants fund education improvement.
January 7, 2002... Marion County schools are spending millions of dollars, but not just on the brick-and-mortar or paper-and-pencil necessities they need to make it through a tight budget year. Rather, schools are spending money on things like staff...

Medical mall a new health care idea. (Health Care).(Community Health Network facility)(Brief Article)
January 7, 2002... Community Health Network will unveil a new concept for Indiana medical office buildings next month with the opening of a MedCheck immediate care office in its, new "medical mall" at 11911 N. Meridian St. Instead of offices connected by...

Institute researcher recognized. (Health Care).(Hal Broxmeyer)(Brief Article)
January 7, 2002... A researcher at the Walther Cancer Institute has been recognized with a prestigious national science award. Hal Broxmeyer, director of the Walther Oncology Center, will receive the 2001 Karl Landsteiner Memorial Award, an award given...

Gateway-Sagamore dispute moves on. (Health Care).(Gateway Medical Resource Alliance files Sagamore Health Network Inc. lawsuit)(Brief Article)
January 7, 2002... The legal dispute between two managed care companies over some cardiac services appears to be moving forward. Gateway Medical Resource Alliance filed a lawsuit in U.S. District Court in Indianapolis in November alleging that Sagamore Health...

Clouds parting for Amtran. (IBJ Daily).(financial forecast)(Brief Article)
January 7, 2002... Amtran Inc., optimistic about its prospects for 2002, recently sent out information to investors detailing its expectations for the year. Among the good news was an estimate that American Trans Air, Amtran's main subsidiary, will expand its...

United preparing to pony up for missing targets. (IBJ Daily).(United Airlines)(Brief Article)
January 7, 2002... A major local employer is preparing to pay millions in penalties for failing to live up to its end of an economic development deal. United Airlines, owned by Chicago-based UAL Corp., told The Wall Street Journal it expects to pay $32...

U.S. agency taps Guidant CEO for expertise. (IBJ Daily).(Health and Human Services, Ronald Dollens)(Brief Article)
January 7, 2002... A panel set up to advise the government on cutting red tape will have a local face. Guidant Corp. CEO Ronald Dollens was one of 27 people named to a U.S. Health and Human Services committee made up of health care industry executives,...

Things looking up for RV industry. (IBJ Daily).(Brief Article)
January 7, 2002... American vacationers are taking to the highways in greater numbers and doing so in style, according to the Recreational Vehicle Industry Association. The Reston, Va.-based trade association said orders for the latest models of recreational...

Former Brenner Luggage site escapes wrecking ball. (Real Estate).(Meridian Historic Properties buys historic property in Indianapolis)(Brief Article)
January 7, 2002... Just a few months after buying the former Brenner Luggage building at 111 S. Meridian St., local real estate partners are exploring the possibility of unloading the historic property. Ron Tedrow and Mike Wolff, part owners of the nearby...

Buildings to tumble. (Real Estate).(Indianapolis buildings demolished)(Brief Article)
January 7, 2002... The demolition of two small buildings not far from Monument Circle could help fuel the slow revival of East Washington Street. Uptown Realty LLC, a local partnership that includes Summit Realty Group broker Bill Ehret, is tearing down 6 and...

Allstate claims space. (Real Estate).(Ameriplex Business Park)(Brief Article)
January 7, 2002... Known primarily as an industrial setting, Ameriplex Business Park has snagged insurance giant Allstate as an office tenant. The personal lines insurer will open an 84,200-square-foot automobile claims processing center at the southwest-side...

Claddagh going north. (Real Estate).(Indianapolis restaurant opens new location)(Brief Article)
January 7, 2002... Downtown's only Irish pub is expanding to the north side. Claddagh will open a 7,500-square-foot restaurant in front of the Precedent office park near 96th Street and Keystone Avenue. Another eatery, Darden Restaurant Inc.'s Bahama Breeze,...

Steak n Shake serves up city's grayest directors.(has the oldest board of any central Indiana public company)(Brief Article)
January 7, 2002... When the board of The Steak n Shake Co. gathers next month for its annual meeting, there will be no shuffleboard or other activities for the senior-citizen set. But if there were, board members would fit right in. The...

6 firms want to manage city water. (Circle City Spectator).(Brief Article)
January 7, 2002... Six companies have expressed interest in operating the city's water utility, including the local wastewater treatment manager. United Water Services, a U.S. subsidiary of French utility Lyonnaise des Eaux, operates the city's wastewater...

Independent suspends operations. (Circle City Spectator).(Bloomington Independent newspaper)(Brief Article)
January 7, 2002... The Bloomington Independent's Dec. 27-Jan. 3 edition never made it to print, as the tree weekly newspaper ran out of money and suspended operations for at least two months. Publisher Craig Hitchcock bid readers "goodbye for now" on the...

California company pays $51M for VIFI. (Circle City Spectator).(Digital Insight Corp. to acquire Virtual Financial Services Inc.)(Brief Article)(Statistical Data Included)
January 7, 2002... Virtual Financial Services Inc., a fast-growing locally based technology company, has agreed to be acquired by a California-based rival. Digital Insight Corp., based in Calabasas, Calif., has agreed to pay $51 million in stock and cash,...

National media group looks for new leader: Search comes at critical time for SPJ.
January 7, 2002... Wanted: A proven association leader with an affinity for journalism to work for 23 bosses as executive director of a professional organization with declining membership and a wee bit of red ink. Oh, and those bosses... not only do they...

Broker's business built on the unusual: Terrorism coverage is among newest specialties.(Brief Article)(Statistical Data Included)
January 7, 2002... Arlington/Roe & Co. has made a name for itself by going where most insurance agents or companies don't want to go. "We do the business that standard companies don't," said company President James A. Roe, son of the company's founder,...

Retailer's independence, business sense pay off: Teresa's Hallmark enjoys growth in Greenwood.(Brief Article)
January 7, 2002... When she was 4 years old, Teresa Bowers spent the Christmas season walking door-to-door with her mother selling Avon merchandise. Throughout her childhood, Bowers' father ran his insurance company out of the house and her mother worked odd...

Budget tax overhaul will dominate debate. (Statehouse Dispatch).(Brief Article)
January 7, 2002... One year ago, this same space foretold a legislative session that observers expected to be the most bitter, partisan and divisive in modern Indiana history. Observers, this column among them, were wrong. Legislative leaders tried to...

Lengthened campaign recalls earlier OT effort.(United Way campaign)(Brief Article)(Statistical Data Included)
January 7, 2002... Life is exciting for Larry O'Connor. As president of Bank One Indiana, he is faced with the challenge of filling the many gaps left by the retirement of Joe Barnette. Layered onto an already busy schedule is the chairmanship of this year's...

Mammography sites guide is available.(Indiana Mammography Guide from the American Cancer Society)(Brief Article)
January 7, 2002... The American Cancer Society has conducted an extensive survey of mammography services in Indiana and produced a free guide designed to help women decide where to go for the breast cancer screening procedure. The Indiana Mammography Guide is...

Pricey park attractions need to reduce sticker shock. (Editorial).(Indiana)(Brief Article)
January 7, 2002... When counting its assets, Indianapolis must consider White River State Park among its foremost attractions. The fabulous new $65 million state museum set to open in May is the crowning jewel in a lustrous tiara that inc1udes the Indianapolis...

Letters.
January 7, 2002... IBJ Wish List paid off I just wanted to give you some great feedback from our listing in the IBJ Holiday Wish List. I wanted to let you know how much I appreciated the opportunity to list some of our needs. As a not-for-profit, we struggle...

Will Congress help America vote better? (Viewpoint).
January 7, 2002... Following the election debacle in Florida, there were varying calls for substantial and sweeping election. reforms. Since then, more than 55 election-reform bills have been introduced into Congress. Most have been bogged down by a partision...

Operative word for this year is 'cheap'. (Eye on the Pie).(Indiana state and local government spending)(Brief Article)
January 7, 2002... Two weeks ago in this space, we discovered that, in comparison to other states, Hoosiers are lightly taxed. If you do not recall that column, ask your kindly editor to run it again. Now, in the absence of any opposition to those facts, we...

Star chambers: leaving justice to generals. (Thinking Things Through).(U.S. military court trials)(Brief Article)
January 7, 2002... "Missing" is one of Jack Lemmon's most profound films. It tells the story of an American father whose son vanishes at the hands of a military court in a South American country. Of course, in the South American country, the American son is...

Corrections.(Correction Notice)
January 7, 2002... * Duke Realty Corp. did not predict at a recent investor conference that it would earn $2.65 per share in 2002, as a Dec. 24 article stated. * Jim Cotterill has been retained by the Indiana Small Business Development Center to increase the...

Patient Lickliter presides over historic start.(Todd Lickliter, Butler Bulldogs, Indianapolis, Indiana)(Brief Article)
January 7, 2002... He says he never had a plan. He never tried to connect the dots on his career, thinking one move would lead to the next, and that one to the next and so on. Ultimately, however, that's how it worked out. Only in his case, patience led to...

Air freight carriers just after attacks: Shippers boost security, foresee new regulations. (Manufacturing/Distribution).(Brief Article)
January 7, 2002... Morten S. Beyer knows the world of air freight never will be the same. "I went to Federal Express the other day with a 2-inch square box and tried to pay cash," he said. "They wouldn't take it." Beyer, chairman of Morten Beyer &...

Celadon's internet division sees profit: After slow beginning, TruckersB2B on roll. (Manufacturing/Distribution).(Celadon Group Inc.)(Brief Article)
January 7, 2002... Stephen Russell isn't making any projections regarding his company's newest division. The CEO of Celadon Group Inc., though, has reason for optimism. TruckersB2B Inc. is Indianapolis-based Celadon's effort to get individual truckers and...

Manufacturer rings up 80 years: Indiana cash drawer adjusts to the times. (Manufacturing/Distribution).(Indiana Cash Drawer Co.)(Brief Article)
January 7, 2002... In the high-tech, cyberspace economy of the 21st century, an ordinary cash drawer may seem a little out of date. Indiana Cash Drawer Co., however, has prospered for 80 years by keeping the cash drawer relevant to the times. "We're still...

Manufacturing index on rise again. (Bloomberg News).(Brief Article)(Statistical Data Included)
January 7, 2002... An index of U.S. manufacturing rose in December to the highest level since October 2000 as new orders and production increased, a sign factories are starting to recover from a 17-month slump. The manufacturing index of the Institute for...

A superstar doesn't make a super team.(employee relations)(Brief Article)
January 7, 2002... I once worked for a man who advocated W. Edwards Deming's quality improvement theories--including the one about superstar employees hindering workplace teams. My boss said a superstar's innate talent or hard work could intimidate fellow...

Largest Indianapolis-Area licensed permanent employment agencies (1): (Ranked by number of local FTE counselors).(Statistical Data Included)
January 7, 2002... Largest Indianapolis-Area Licensed Permanent Employment Agencies (1) (Ranked by number of local FTE counselors) Rank Agency Local FTE: Percent of revenue: 2001 Address counselors/ ...

Mayor to present diversity awards.(Bart Peterson)(Brief Article)
January 7, 2002... Mayor Bart Peterson will honor businesses and organizations that embrace diversity issues during an 11:30 a.m. luncheon Jan. 28 at the Westin Hotel downtown. The first Mayor's Celebration of Diversity Award recognizes those that have...

Indiana stocks hold their own during economic downturn. (Bulls & Bears).(Brief Article)(Statistical Data Included)
January 7, 2002... We all khow it was a bad year for the average investor. The Standard & Poor's 500 was down about 13 percent, the NASDAQ was down 21 percent, and the Dow Jones industrial average was down about 7 percent, in 2001. Ninety of the 108 Indiana...

Indexes & Rates.(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... Indexes & Rates Dow Jones Industrial Average 10073.40 YTD change 0.5% S&P 500 index 1154.67 YTD change 0.5% NASDAQ composite index 1979.23 YTD change ...

Gainers & Losers.(Indianapolis business)(Brief Article)(Statistical Data Included)
January 7, 2002... Gainers & Losers POINT GAINERS Escalade Inc. +3.09 Anthem Inc. +2.55 Franklin Electric Inc. +2.05 Interactive Intelligence Inc. +1.33 POINT LOSERS ...

Over the counter. (Market Week).(stock statistics)(Illustration)(Statistical Data Included)
January 7, 2002... Over the Counter Dec. 27, 2001-Jan. 2, 2002. Wed week ytd % 52-week close change change high AMB Financial (AMFC) 9.32 0.32 ...

Indiana Stock Index. (Market Week).(includes closing data for December 27)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... Indiana Stock Index Information for Indiana Stock Index provided by Bud Gremel at City Securities Corp. Date Closing Change 12/27 147.35 +1.14 12/28 146.99 -.36 12/31 145.61 -1.38 1/1 Markets Closed 1/2 ...

% Interest Rates. (Market Week).(current as of January 2, 2002)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... % Interest Rates Money Mkt. 6-month 12-month 30-month savings (1) CD CD CD APY APY APY APY CIB Bank ...

Lack of inflation helps economy being ravaged by unemployment. (Economic Analysis).(Job growth in manufacturing sector adds almost 1.1 million jobs)(Brief Article)(Statistical Data Included)
January 7, 2002... The U.S. economy of the 1990s was anything but humble. Stock prices were high, unemployment levels were low and business paperbacks gushed about the possibilities of a Dow Jones industrial average of 30,000 and an end to business cycles. ...

Interactive Intelligence Inc. (Tech News).(TSA Telecom agreement)(Brief Article)
January 7, 2002... Swiss systems integrator, TSA Telecom, will offer and support Indianapolis-based Interactive Intelligence Inc. software in Switzerland.

Cohesant Technologies Inc. (Tech News).(Morris H. Wheeler named CEO)(Brief Article)
January 7, 2002... Cohesant Technologies Inc., a locally based maker of specialized coatings, announced board member Morris H. Wheeler will replace Dwight D. Goodman, 68, as CEO and president. Goodman will become chairman of the company. Wheeler provides...

DataSmith Technologies. (Tech News).(now manufactures computers in Indianapolis)(Brief Article)
January 7, 2002... DataSmith Technologies now manufactures computers here. The computer line is intended as an alternative to mainstream models and is completely scalable.

MyDoc.com. (Tech News).(Rache Diagnostics backs Internet-based health service)(Internet/Web/Online Service Information)(Brief Article)
January 7, 2002... MyDoc.com, an online round-the-clock Internet-based health service offering doctor diagnosis, treatment, prescriptions and follow-up care, recently went live. MyDoc.com is financially supported by Rache Diagnostics.

Indiana Business Modernization and Technology Corp. (Tech News).($2.4 mn grant will aid Indiana businesses)(Brief Article)
January 7, 2002... Indiana Business Modernization and Technology Corp. has received a federal matching grant of $2.4 million to assist Indiana businesses.

InnoCentive. (Tech News).(Stacy McMahan named vice president of business development)(Brief Article)
January 7, 2002... InnoCentive, an e-business venture of Eli Lilly and Co., has named Stacy McMahan vice president of business development. InnoCentive uses an open-source concept to connect scientists worldwide to solve scientific challenges.

Pacers should quit crying and get creative. (Investing).(Indiana Pacers concern over possible Louisville, KY, professional basketball team)(Brief Article)(Editorial)
January 7, 2002... Happy New Year. 2001 was an exceptionally positive year for me. I want to thank Tom Harton and Tawn Parent at IBJ for allowing me to write for this paper. I would also like to thank my wife, Sarah, for giving me everything I need to succeed....

Thermwood Corp. (Proxy Corner).(Company delisted from American Stock Exchange)(Brief Article)
January 7, 2002... Based in Dale, Thermwood Corp. manufactures a broad line of computer numerical control routers and systems, provides training and installation services, primarily to small- and medium-sized manufacturers. The company delisted from the American...

Medical-staffing firm enjoys healthy growth: Nursing shortage creates franchising opportunity. (Small Business Profile).(Jasneek Medical Staffing)(Brief Article)
January 7, 2002... Jasneek Medical Staffing has been around only since 1997, but it already has rocketed into the ranks of the city's largest temporary-employment agencies, placing 10th on IBJ's latest list. But consider its accomplishments just a trial run...

"International Business Information on the Web: Searcher Magazine's Guide to Sites and Strategies for Global Business Research". (Book Review).(Web sites offer research on international companies)(Internet/Web/Online Service Information)(Brief Article)
January 7, 2002... By Sheri R. Lanza "International Business Information on the Web" is a directory that introduces the reader to Web sites designed to research international companies. In fact, Information Today Inc. dubs this the "first ready-reference...

Web page review.(Internal Revenue Service's Web site)(Internet/Web/Online Service Information)(Brief Article)
January 7, 2002... I was doing some research online the other day and ended up at the Internal Revenue Service Web site (www.irs.gov). Incidentally, it reminded me of my mental picture of the organization--a little ugly, slightly clunky, a behemoth. But...

Hypnotist helps smokers quit. (Profile).(Richard Erickson, state-certified hypnotist)(Brief Article)
January 7, 2002... Forget the swinging pocket watches and jade scorpions. State-certified hypnotist Richard Erickson dismisses them as parlor tricks for the naive. "Those are stage props," he said. "The perception [of hypnotism] that we have today is from...

Forecast calls for stormy 2002: Industry leaders predict eventual calm after inclement beginning.(Indianapolis commercial real estate market )
January 7, 2002... The winds of change blew through the Indianapolis commercial real estate market in 2001, replacing mostly sunny skies with a stormy outlook. Even without the events of Sept. 11 and their impact on the national economy, the local office,...

Market pulse.(INDIANAPOLIS real estate VACANCY RATES)(Brief Article)(Statistical Data Included)
January 7, 2002... What do you do when your distribution center, which is already the size of eight football fields, just isn't big enough? You expand, of course. With a little land planning, a little extra contract negotiations and a lot of growth, what...

Indianapolis-area map and survey definitions.(Commercial real estate property information )(Brief Article)
January 7, 2002... Commercial real estate property information is compiled twice yearly by the Indianapolis Business Journal for its Commercial Real Estate Magazine. Property information in this publication is current as of Oct. 12, 2001. Information was...

Follow-up file.(Key Largo Beef & Seafood Co. opens)(Brief Article)
January 7, 2002... The Laughner carrying on the family restaurant legacy appears to have stumbled. Chip Laughner, owner of the Loon Lake Lodge in Castleton, in April opened the Key Largo Beef & Seafood Co. in Avon. But the Avon restaurant closed abruptly...

Voice-mail virtuoso.(Trucking company in bankruptcy court)(Brief Article)
January 7, 2002... Trucking is a rough-and-tumble business, one known more for tawdry language than for customer service personnel with "Up with People" personalities. And given the woes at Burlington Motor Carriers, the Daleville-based company that plunged into...

London-bred, hoosier-made: E&A cleans up selling upscale soaps.(Gilchrist and Soames markets online)(Brief Article)
January 14, 2002... Pilfering fancy toiletries from hotel bathrooms is a time honored tradition--they're easier to sneak out than a fluffy robe, and who really wants to shampoo with their drugstore brand at home when they can lather in the luxury of a high-end...

CART mulls move to Indy: IRL rival talking to city, sources say.(new president considers Indianapolis for headquarters)(Brief Article)
January 14, 2002... CART's recent executive shake-up will likely bring the headquarters of the Indy Racing League here from Michigan. Industry sources said since CART's new president and CEO, Christopher Pook, took office last month, Indianapolis has landed at...

Enron fallout doesn't miss local firms: Insurers, money managers take a hit.(Enron bankruptcy effects Indiana companies)(Statistical Data Included)
January 14, 2002... The disintegration of Enron Corp. is singeing central Indiana companies big and small, from the already embattled Conseco Inc. in Carmel to the tiny Terre Haute First National Bank. An IBJ survey of Indiana companies found that life...

Study projects franchise tax hit: 7,278 firms would shoulder 88.5 percent of burden.(plans for business franchise tax)(Statistical Data Included)
January 14, 2002... It's all in how you slice the numbers. Ever since Lt. Gov. Joe Kernan announced a new franchise tax was part of Gov. Frank O'Bannon's 21st Century Tax Plan, business leaders have wondered whom it will ask to pony up. Some worried that...

Chairman to address investors: Visit displaces IPALCO shareholder meeting.(Roger Sant)(Brief Article)
January 14, 2002... Former IPALCO Enterprises Inc. shareholders won't have an annual meeting this year thanks to last year's buyout by AES Corp., but about 800 were invited to meet Chairman Roger Sant Jan. 17. "We won't have a shareholders' meeting per se,...

Insurance agency grows old by thinking young: Industry groups recognized Gregory & Appel success.(Indianpolis agency's marketing startegy)(Brief Article)
January 14, 2002... During 118 years in business, Gregory & Appel Insurance has moved seven times, but has never left downtown Indianapolis. That dedication to the center city illustrates several reasons the independent insurance agency has remained...

Bad for Medtronic, good for Guidant.(Guidant Corp. picks up Medtronic Inc.'s lost sales after patent infringement)(Brief Article)
January 14, 2002... Before an investor conference in San Francisco last week, Guidant Corp. CEO Ronald Dollens told Bloomberg News the company has found good fortune in the woes of a competitor. Medtronic Inc., a Minnesota-based rival of Guidant's in the...

Local R&D shop closes.(Bel Fuse Inc. planning to close offices In Indianapolis, Indiana, move to San Diego, California)(Brief Article)(Statistical Data Included)
January 14, 2002... Indianapolis will soon lose 12 of the kind of high-tech research and development jobs state officials love to talk up. Bel Fuse Inc., a component-maker based in Jersey City, N.J., announced Jan. 9 it plans to close offices in Indianapolis...

Emmis posts fourth straight loss; analysts don't care.(Emmis Communications Corp.)(Brief Article)(Statistical Data Included)
January 14, 2002... Locally based media demi-conglomerate Emmis Communications Corp. reported continued elfects of declining ad revenue on its bottom line Jan 8. For its third quarter ended Nov. 30, Emmis posted a loss of $13.9 million, or 29 cents per share,...

Profit continues to elude Interactive Intelligence.(Interactive Intelligence Inc., fourth quarter profit forecast)(Brief Article)(Statistical Data Included)
January 14, 2002... In a good-news-bad-news sort of announcement, Interactive Intelligence Inc. said Jan. 4 it will meet fourth-quarter expectations of a loss of only 10 cents to 12 cents per share on revenue of about $13 million. That's good news, but as...

Same announcement, different company.(multiple company appointments)(Brief Article)
January 14, 2002... Two local companies announced leadership changes Jan. 3 in a strikingly similar pair of news releases. In the first, ITT Educational Services Inc. said Omer E. Waddles, executive vice president, will take on the titles of president and...

Economy takes toll on commercial printer. (Media & Marketing).(Metro Graphics Inc. merges with Saint Clair Press)(Brief Article)
January 14, 2002... They're not calling it a merger, but the presidents of two Indianapolis commercial printing companies have signed an agreement that essentially joins the operations. Saint Clair Press has taken over Metro Graphics Printing Group's...

Emmis leaders look past loss. (Media & Marketing).(Emmis Communications Corp.'s performance)(Brief Article)(Statistical Data Included)
January 14, 2002... Emmis Communications Corp. last week reported a loss for its fiscal third quarter, but its better-than-expected performance has raised hopes that the media business may be picking up. "We're moderately upbeat about what we see going into...

Array of uncertainties sully Conseco shares.(Brief Article)
January 14, 2002... Wall Street hates uncertainty, which explains a lot about why shares of Carmel-based Conseco Inc. have plunged into the $3.50 range. Wonder what to expect on the earnings front? So do Conseco officials, who last week disclosed...

ViFi sale justifies rose-colored glasses: Deal means $51 million for Baker's other firms. (Info Tech).(Digital Insight Corp. plans to buy Virtual Financial Services Inc.)(Brief Article)
January 14, 2002... Don't tell David Becker it can't be done here. Last week, Calabasas, Calif.-based Digital Insight Corp. announced it will acquire the homegrown Virtual Financial Services Inc. for $51 million in stock and cash, plus a $3.75 million...

ASI lenders forgive some debt. (Circle City Spectator).(Brief Article)
January 14, 2002... Digital mapping specialist Analytical Surveys Inc. said it has obtained a waiver and amendment to its credit agreement from its senior lenders that forgives the firm millions of dollars of debt. Signed Dec. 28, the agreement waives all...

Accounting firms buy out-of-state. (Circle City Spectator).(acquisitions)(Brief Article)
January 14, 2002... Two city accounting firms have acquired offices in Nebraska and Tennessee. BKD LLP has bought Nebraska branches of Chicago-based Grant Thornton LLP, in Lincoln and Omaha. The two offices have a combined $9 million in annual revenue and 70...

Publicis shooting NCAA ads. (Circle City Spectator).(Brief Article)
January 14, 2002... The NCAA didn't have to leave basketball-crazed Indiana to find an advertising agency for a series of commercials to run during March Madness. Publicis MidAmerica's Indianapolis office announced this month that it is producing three spots...

Digital TV campaign coming this month. (Circle City Spectator).(Brief Article)
January 14, 2002... Indianapolis was officially named one of four "digital TV zones" last week as the National Association of Broadcasters and Consumer Electronics Association unveiled a massive marketing campaign to promote the nascent technology. ...

Internet broadcasting start-up off to slow start.(LMiV creating web sites for radio stations)(Brief Article)
January 14, 2002... Indianapolis sports attorney Jack Swarbrick loves tackling a new challenge. Over the years, he has harnessed that zeal in a variety of pursuits: putting on the 1987 Pan American Games, wooing the NCAA headquarters to the city, and making a...