|
|
| |
|
|
|
| Banks struggling to recover
from multibillion-dollar losses on real estate are curtailing loans to American businesses,
depriving even healthy companies of money for expansion and hiring. Two vital forms of credit used
by companies -- commercial and industrial loans from banks, and short-term "commercial paper" not
backed by collateral -- collectively dropped almost three percent over the last year, to $3.27
trillion from $3.36 trillion, according to Federal Reserve data, the largest annual decline since
the credit tightening that began with the last recession, in 2001. |
| (Source: The New York Times (free reg. req'd),
2008-07-28) |
 |
|
|
|
| The next big thing in venture
capital is small investments, according to a panel of Silicon Valley investors who appeared at
Fortune's Brainstorm Tech conference. Venture capitalists say investing in companies that don't
require much capital to get going -- and therefore don't require investors to hold out for
large-scale acquisitions -- is the way to go. |
| (Source: Fortune, 2008-07-22) |
|
|
|
|
| Venture capitalists have
delayed their expectations of when they will get returns on the money invested in start-up companies
by more than a year, given the frozen public markets and slumping economy, according to a new KPMG
study. The KPMG study found that nearly 80 percent of those surveyed don't expect the IPO market to
rebound until 2010, including 15 percent who believe IPOs will pick up in 2012. |
| (Source: Reuters, 2008-07-22) |
|
|
|
|
| Higher prices, smaller staffs
and longer hours are just a few of the changes the economic slump has prompted at small
companies. |
| (Source: CNNMoney.com, 2008-07-24) |
|
|
|
|
| While it's still pretty much
the norm for American workers to mold their lives around their bosses' schedules, many
small-business owners are giving employees flexible work hours, allowing them to take part in
outside activities such as grad school, charitable work or second jobs. Company owners who give
their workers such leeway say they're not just being considerate, they're doing something that makes
good business sense. |
| (Source: Miami Herald (free reg. req'd),
2008-07-28) |
|
|
|
|
| A new bill introduced in
Congress would help small businesses, including independent nursing homes and other healthcare
providers, form health insurance cooperatives to provide their employees with affordable health
insurance. |
| (Source: McKnights, 2008-07-25) |
|
|
|
|
| KKR & Co., the
leveraged-buyout firm run by Henry Kravis and George Roberts, plans to convert to a public company
by the end of the year in a transaction that may give it a market value of as much as $15 billion.
KKR will abort the initial public offering it announced a year ago, before the buyout market
collapsed, and instead go public through a takeover of the Amsterdam-listed buyout fund it created
in May 2006. |
| (Source: Bloomberg, 2008-07-28) |
|
|
|
|
| Trash is no longer just an
environmental liability. It is becoming a financial asset. The possibilities have venture
capitalists and buyout firms scrambling to invest in a melange of quirky startups that might have
provoked belly laughs from these same financiers five years ago. |
| (Source: BusinessWeek, 2008-07-24) |
|
|
|
|
| Cities have long offered tax
incentives to encourage companies to stay and newcomers to relocate. But another option is gaining
currency in old manufacturing cities looking to prop up their struggling economies -- homegrown
nonprofit groups that nurture new businesses from the ground up. |
| (Source: The New York Times (free reg. req'd),
2008-07-24) |
|
|
|
|
| What happens when a company's
eponymous founder and celebrity spokesman transitions out of the business? Executives at food
company Newman's Own may soon be addressing that issue, as 83-year-old founder Paul Newman
reportedly struggles with cancer. |
| (Source: CNNMoney.com, 2008-07-22) |
|
|
|
|
|
|
| |
|
|
 |
| |
The new Indiana Uniform Securities
Act, which became effective July 1, 2008, in most respects does not represent a dramatic or
fundamental change from the securities law that it replaced. However, certain provisions could
be significant for companies raising private capital and for investment consultants and
advisers.
Read the entire article about the Indiana
Uniform Securities Act.
|
| |
August 14 - Lacy Leadership
Association and Keep Indianapolis Beautiful's Green Gathering
August 25 - DuPage County, Illinois Affordable Housing Seminar
August 26 - Gerry Dick Roundtable: Northern Indiana Companies
September 11 - Invest Indiana 2008
September 18 - Unsurpassed Elegance
September 18 - IBJ's 2008 Fastest Growing Companies
September 18 - Life Sciences Distinguished Speaker Series Part III: Ora Pescovitz
September 25 - KPMG LLP's Indy's Best and Brightest Awards Luncheon
October 1 - CEO Survey Breakfast
October 23 - Indiana Lawyer's 2008 Diversity in Practice Conference
|
|
July
30, 2008
