May 4, 2012
Scott OlsonThe health care company that once promised to create 900 jobs in central Indiana has agreed to cease operations after a major
lender moved to foreclose on the struggling Indianapolis-based business.
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March 5, 2012
J.K. WallArcadia Resources Inc. is telling shareholders not to buy its stock because it is out of cash and faces a $40 million pile
of debt that comes due on April 1.
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January 21, 2012
J.K. WallSomething doesn’t add up about Arcadia Resources Inc.’s agreement to sell its pharmacy business for a low price
of $2 million, according to many of the Indianapolis company’s investors.
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December 27, 2011
J.K. WallIt looks like Arcadia Resources Inc.’s DailyMed pharmacy business will live on—but under the wing of Walgreen
Co. instead of on its own.
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November 15, 2011
Scott OlsonThe Indianapolis-based company is searching for a buyer for its once-promising DailyMed pharmacy service as it struggles to
pay $30 million in debt that comes due in April.
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August 16, 2011
J.K. WallArcadia Resources Inc.'s share price dwindled to just 5 cents as of late Tuesday morning, following the company's announcement
that it was delisting its stock and had suffered another quarterly loss.
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June 29, 2011
J.K. WallIndianapolis-based Arcadia Resources Inc.’s auditor issued a “going-concern” warning Tuesday in the once-promising
company’s annual report.
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April 11, 2011
Scott OlsonThe Indianapolis-based health care company's stock, which trades on the NYSE Amex Equities exchange, has closed at an average
price of less than 20 cents over a consecutive 30-day trading period, triggering the warning.
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February 9, 2011
The Indianapolis-based health care company lost $2.3 million on revenue of $26.2 million in its third fiscal quarter.
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October 21, 2010
The division purchased by Home Health Depot markets and sells home health related items via mail and online. Terms of the
deal were not disclosed.
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October 16, 2010
IBJ StaffArcadia Resources Inc. offers pharmacy services. In addition, the company provides home health care staffing and sells medical
equipment by catalog. Its flagship pharmacy product is DailyMed, which packages dosages of prescription medicines into individual
packets labeled with the time of day they are to be taken.
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August 9, 2010
IBJ StaffIndianapolis-based health care firm reaches agreement to offer its DailyMed product to more WellPoint Inc. health plan members.
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August 4, 2010
J.K. WallArcadia Resources’ DailyMed business will grow revenue 10-fold in the next three years and push the Indianapolis-based
company into profitability, according to a research report by the first analyst to officially cover the company.
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June 11, 2010
Scott OlsonDespite losses, company sees growth in its DailyMed pharmacy services, which packages the right dosages of prescriptions to
make it easier for patients to follow their regimens.
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May 20, 2010
IBJ StaffArcadia Resources Inc. is planning a $3.9 million expansion of its Indianapolis headquarters and pharmacy operations, the
company said Thursday morning, confirming that it plans to add as many as 930 jobs by 2013.
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May 19, 2010
Scott OlsonExecutives of the health care services provider will be joined by Gov. Mitch Daniels and Mayor Greg Ballard for a Thursday
morning announcement at the company's headquarters.
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November 16, 2009
J.K. WallHealth care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
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November 9, 2009
J.K. WallIndianapolis-based Arcadia Resources Inc. has added former Indianapolis Mayor Steve Goldsmith to its board and plans to raise
$11.1 million in a registered direct stock offering.
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August 13, 2009
J.K. WallArcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
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August 3, 2009
J.K. WallThe CEO of Indianapolis-based Arcadia Resources said the environment is perfect for his company's fast-growing DailyMed
service.
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?