News & Analysis

Dow AgroSciences grows sales, earnings to new heights

April 25, 2013
Mason King, Bloomberg News
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
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Duke Realty posts profit on sale of properties

April 25, 2013
The Indianapolis-based real estate investment trust rang up earnings of $28 million, mostly due to gains from the sale of 18 properties.
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New golf tour offering cash prizes despite USGA warning

April 25, 2013
Anthony Schoettle
The Hoosier Tour will give high-handicappers the chance to compete for prize purses at top courses across the Indianapolis area. But participants could become ineligible for sanctioned events.
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Size of Indiana income tax cut remains undecided

April 24, 2013
Associated Press
Indiana's new state budget will include at least a small personal income tax cut, although legislative leaders said Wednesday they weren't certain whether it will be as large as Republican Gov. Mike Pence wants.
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GOP concerns derailed Turner's chance at powerful post

April 24, 2013
Associated Press
Republican lawmakers bypassed House Speaker Pro Tem Eric Turner for the chairmanship of House Ways and Means committee last year amid concerns over his potential conflicts of interest, sources say.
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CNO sees smaller profit after paying off debt

April 24, 2013
 IBJ Staff
CNO Financial Group Inc. posted much lower earnings in the first quarter after suffering a $57.2 million loss in the period on the extinguishment of debt.
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Angie's List posts smaller loss on soaring revenue

April 24, 2013
Associated Press
The latest results beat Wall Street estimates, driving the Indianapolis-based company's shares upward by nearly 7 percent in after-market trading on Wednesday.
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University ends Greece program amid turmoil

April 24, 2013
Associated Press
Economic turmoil in Greece has forced the University of Indianapolis to close its undergraduate program in Athens.
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WTHR exec accused of discrimination lands new gig

April 24, 2013
Chris O'Malley
WTHR's John Cardenas, who was recently accused of sexual discrimination by his former executive assistant, has been named vice president of news for Dispatch Broadcast Group, the station's parent company.
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Mass Ave business owners split over proposed district tax

April 24, 2013
Kathleen McLaughlin
Opponents of a proposed tax to pay for improvements throughout the cultural district have accused tax advocates of rigging the proposal to ensure its passage.
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WellPoint CEO: Acquisitions of hospitals, doctors unlikely

April 24, 2013
J.K. Wall
Joe Swedish, who took the helm of the Indianapolis-based health insurer a month ago, threw cold-water Wednesday on widespread speculation that he will lead the company through a wave of buying hospitals and medical practices.
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Eli Lilly's profit shoots up despite lackluster sales

April 24, 2013
 IBJ Staff and Associated Press
The Indianapolis pharmaceutical company left its full-year profit forecast unchanged despite a spike in first-quarter earnings. Revenue fell short of analyst expectations.
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More Hoosiers favor legal pot than Pence's tax cut, poll says

April 24, 2013
Jeff Newman
A new poll of 600 voters by Howey Politics Indiana shows 39-percent approval for Gov. Mike Pence's proposed 10-percent tax cut. But 56 percent said they favor decriminalization of marijuana.
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Plan for massive reservoir finding more support

April 24, 2013
Associated Press
Hundreds of residents gathered at Daleville High School on Tuesday night to hear about the proposed Mounds Lake Reservoir, a 2,100-acre project that could cost as much as $400 million to build.
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Former U.S. education leader to take over USA Funds

April 24, 2013
 IBJ Staff
William D. Hansen, 53, served as Deputy U.S. Secretary of Education from 2001 to 2003. He'll replace current CEO Carl C. Dalstrom, who is retiring after more than a decade leading Indianapolis-based USA Funds.
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WellPoint raises profit forecast after solid first quarter

April 24, 2013
J.K. Wall
The Indianapolis-based health insurer easily beat Wall Street's expectations for earnings in the first quarter and revenue rose 15 percent.
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Indiana lawmakers drawing close on remaining measures

April 23, 2013
Associated Press
The leaders of the Indiana General Assembly said Tuesday they will continue meeting daily with Gov. Mike Pence to hammer out a broad range of issues before the 2013 session ends.
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Legislature taking tight-fisted stance with casinos

April 23, 2013
Associated Press
The casino bill approved by the House last week would grant less than a fifth of the tax breaks first proposed in the Senate. It also doesn't permit live table games at the racinos in Anderson and Shelbyville.
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Contractor pleads guilty to fraud involving FBI building

April 23, 2013
Associated Press
An Ohio man has admitted to defrauding more than $225,000 from contractors involved in FBI building projects in Indianapolis and Knoxville, Tenn.
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Pacers post solid attendance gains in regular season

April 23, 2013
Anthony Schoettle
Despite the negative noise this year about Pacers home attendance, the team had its second consecutive season increase. Revenue from tickets and sponsorships also rose.
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Banks scale back real estate needs as transactions shift online

April 23, 2013
Scott Olson
After zooming higher in the last decade, the number of bank branches in Indiana slipped to 2,056 in 2011, the lowest level since 2006.
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Young & Laramore launches all-digital campaign for Scotts

April 23, 2013
Chris O'Malley
The growing preference for online-based advertising, exemplified by Y&L's new campaign for the national lawn-care service, is helping sow the seeds of traditional media's decline.
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After raid, pet store owner agrees to quit selling animals

April 23, 2013
 IBJ Staff
Animal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to continue operating his business as a pet-supply store.
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Nora pharmacy recalls compounded drugs

April 23, 2013
Associated Press
A pharmacy that makes specialty medications is recalling nearly 100 compounded drugs after federal regulators found potential safety problems during an inspection.
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Bill OK'd that grants Indiana tuition to some immigrants

April 23, 2013
Associated Press
Supporters say the change would help a couple of hundred students who had the rules changed on them after they had already started work on their college degrees.
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  1. Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!

  2. Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.

  3. Perhaps May 21 is "Evangelical Day" over at the IBJ?

  4. I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.

  5. I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.

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