Category: Investments

Heading Back to Market?

Seniors who fled turbulent stock investments a few years ago are slowly returning.

by Jerry Davich

When the stock market began taking a nosedive in late 2008, retirees generally reacted in two ways while looking for a financial parachute to soften their crash. Those seniors who opted to stay in the turbulent market gravitated toward high-quality, dividend-paying stocks. Those seniors who fled looked instead to …

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Charter Group starts furniture market

GRAND RAPIDS, Mich. – Building on more than two decades of experience serving the office furniture and home interiors market, The Charter Group today announced formation of a dedicated Furniture Practice led by Andrew Williams. The Grand Rapids, Mich.-based merger and acquisition advisory firm said the move reflects growing activity and demand for buy, sell and capital raise transactions in the office furniture, residential furniture …

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Konopa named Indiana Super Lawyer

SOUTH BEND –Robert J. Konopa, partner at Tuesley Hall Konopa, has been named to the 2013 Indiana Super Lawyers list as one of the top attorneys in Indiana. No more than 5 percent of lawyers in the state are selected each year for this honor.

Konopa was recognized for his work in civil litigation defense, personal injury plaintiff, and business litigation.

Super Lawyers, …

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NiSource on Dow Jones Sustainability Index

MERRILLVILLE – The Dow Jones Sustainability Index has added NiSource Inc. to its list. It is one of two North American natural gas companies included in the listing.

Last year, NiSource reported a 40 percent shareholder return and $1.13 billion in capital investment. In addition, the company also was working on a $550 million desulfurization project to reduce air pollution at its R.M. Schahfer Generating …

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Six NWI companies best places to work

INDIANAPOLIS – Six Northwest Indiana companies are among 70 Indiana companies named to the Best Places to Work in Indiana by the Indiana Chamber of Commerce.

Those companies are Centier Bank of Merrillville; Citizens Financial Bank of Munster; CliftonLarsonAllen LLP of Schererville; Edward Jones, which has offices throughout Northwest Indiana; Horseshoe Casino, Hammond; and The Skillman Corp. of Merrillville.

The winners are …

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BP posts $5.6 billion 2nd quarter profit

LONDON – BP, which operates a massive refinery in Whiting, has announced a net second quarter profit of $5.6 billion, down 11 percent from pre-Gulf oil spill levels. One year ago, BP announced a loss of $17.2 billion.

Earnings one year ago also included a $32 billion charge associated with clean up in the Gulf that had a major impact on the bottom line.…

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Focus: Small Business

The entrepreneurial spirit is alive and well in Northwest Indiana. Small business incubators dot the region’s landscape – from Valparaiso to Hammond, from Merrillville to South Bend.

As the landscape for small business changes from traditional pursuits in manufacturing to high-tech ventures, new questions arise among entrepreneurs on how to ensure success.

To help answer those questions, Northwest Indiana Business Quarterly has asked experts from …

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1st Source donates $840,000

SOUTH BEND – 1st Source Bank and its philanthropic arm, 1st Source Foundation, have donated more than $840,000 to community causes in 2010. In addition, 1st Source employees volunteers more than 25,000 hours to more than 375 non-profits.

Major donations include $100,000 to St. Mary’s College Capital Campaign; $30,000 to South Bend Area Crime Stoppers; $25,000 to the Community

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