News & Analysis

Dow AgroSciences reports record revenue

April 28, 2011
 IBJ Staff
Indianapolis-based Dow AgroSciences on Thursday reported sales of $1.6 billion in its first quarter, up 17 percent from the same period last year due to higher volume and increased prices.
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Cultural Trail unveils garage's million-dollar art installment

April 28, 2011
Anthony Schoettle
The latest piece of art to be installed along downtown Indianapolis’ Cultural Trail will cost almost as much as the first eight displays combined.
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Angie’s List CEO says IPO possible in 2011

April 27, 2011
 IBJ Staff and Bloomberg News
Angie’s List Inc., a web service that provides consumer reviews to 1.5 million members, may decide to opt for an initial public offering as early as this year, CEO Bill Oesterle said.
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Indiana Legislature OKs redistricting proposal

April 27, 2011
Associated Press
Maps for new Indiana legislative election districts have gained final approval from the General Assembly and go to Gov. Mitch Daniels for consideration.
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Indiana poised to cut Planned Parenthood funding

April 27, 2011
Associated Press
The Indiana House voted 66-32 Wednesday to approve a bill cutting the $3 million in federal money the state distributes to the organization for family planning and health programs. The Senate approved the measure earlier this month.
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Key Indiana lawmakers optimistic about budget deal

April 27, 2011
Associated Press
Legislative leaders think they are on track to reach a budget deal by the time the legislative session ends Friday.
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Nation's broadest voucher plan passes final hurdle

April 27, 2011
Associated Press
The Indiana House voted 55-43 to give final approval to a bill creating the controversial voucher program. It would allow even middle-class families to use taxpayer money to send their children to private schools.
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Indiana lawmakers OK bill to expand charter schools

April 27, 2011
Associated Press
A bill aimed at spurring more charter schools in Indiana has cleared its final legislative hurdle, marking another piece of Gov. Mitch Daniels' aggressive education agenda to pass.
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Butler hires Villanova dean as its new president

April 27, 2011
J.K. Wall
Jim Danko, who became an entrepreneur at 19 and went on to become a business school administrator, will be the next president of Butler University.
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Local architectural firm Woollen Molzan disbands

April 27, 2011
Scott Olson
The venerable Indianapolis architectural firm that designed many of the city's most recognizable buildings—including the Minton-Capehart Federal Building—has closed and two of its leaders have joined a local competitor.
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WellPoint profit continues health insurance rally

April 27, 2011
J.K. Wall
Indianapolis-based WellPoint Inc. is the third health insurer in the past week to beat analysts' predictions by a huge margin and raise its full-year forecast.
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Bell Industries turns annual profit

April 27, 2011
The holding company for Bell Techlogix and the Recreational Products Group earned a profit of $300,000 in 2010 after losing $1.9 million the previous year.
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Rolls-Royce, union strike deal as competition looms

April 27, 2011
Kathleen McLaughlin
Competition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the company and a union representing 1,700 of its workers here.
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Think hopes to boost sales through Indiana rebate

April 27, 2011
Kathleen McLaughlin
Electric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
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Long-time anchor Ahern coming back to local TV

April 27, 2011
Anthony Schoettle
Former WISH-TV Channel 8 anchorman starts hosting new interview show May 12.
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Deal would set 40 as Indiana alcohol ID age

April 27, 2011
Associated Press
State legislators have reached an agreement on changing Indiana's much-ridiculed law requiring everyone — regardless of age — to provide identification when buying carry-out alcohol.
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Developer plans $13M senior-living center in Westfield

April 27, 2011
 IBJ Staff
Cicero-based developer Mainstreet Property Group LLC plans to build a $13.3 million senior health care center in Westfield. The 65,000-square assisted living facility will employ about 150 people when it opens in 2012.
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Distributor closing Plainfield facility, 76 jobs affected

April 27, 2011
Toronto-based Ditan Distribution LLC said it will close the distribution center in three phases beginning June 18 and lasting until Aug. 5.
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Life sciences firm Hycor moving HQ, jobs to central Indiana

April 27, 2011
 IBJ Staff
California-based Hycor Biomedical Inc. plans to move its headquarters to central Indiana, creating as many as 20 jobs in the next two years, state economic development officials announced Wednesday morning.
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WellPoint's first-quarter profit soars above expectations

April 27, 2011
J.K. Wall
The Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
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Celadon boosts financial performance

April 27, 2011
 IBJ Staff
Celadon Group Inc. improved revenue and profit in its third fiscal quarter despite lower volumes attributed to bad weather, the Indianapolis-based trucking company said Tuesday.
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Butler to announce new president

April 27, 2011
 IBJ Staff and Associated Press
The private, 4,600-student Indianapolis university scheduled an event Wednesday afternoon to introduce its new president.
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Judge: Governor doesn't have to testify in IBM case

April 26, 2011
Michael W. Hoskins
Marion Superior Judge David Dreyer has ruled that Indiana Gov. Mitch Daniels doesn’t have to testify about his involvement in the cancelled multimillion dollar IBM contract to modernize the state’s welfare system.
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KAR Auction plans to refinance with $1.5B term loan

April 26, 2011
Bloomberg News
KAR Auction Services Inc., a provider of vehicle-auction services, is seeking to refinance existing debt with a $1.5 billion senior secured term loan and a $250 million senior secured revolving credit facility.
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Ivy Tech says it'll save $18M with IU computer pact

April 26, 2011
Anthony Schoettle
Indiana University agrees to let Ivy Tech store computer records on its system, an agreement that help Ivy Tech avoid building its own data center.
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  1. "This was a very localized, Indiana issue," he said. As in, Indiana failed to expand Medicaid to cover its poor citizens resulting in the loss of essential medical services, including this EMS company. Well done, Indiana GOP. Here are the real death panels: GOP state governments who refuse to expand Medicaid for political reasons.

  2. In the "one for all, all for none" socialist doctrine the sick die...this plus obama"care" equates to caucasian genocide plus pushed flight to cities thus further eroding the conservative base and the continualed spiral toward complete liberal/progressive/marxist America.

  3. There is a simple reason why WISH is not reporting on this story. LIN has others stations in different markets that are affiliated with CBS. Reporting about CBS blindsiding WISH/LIN due to CBS's greed and bullying tatics would risk any future negoations LIN will have with CBS in other markets.

  4. My best always! Dave Wilson

  5. How did Columbus, Ohio pull off a car share service without a single dollar of public subsidies? They must not have a mayor who is on the take like Indianapolis. Daimler Benz offers Columbus residents their Smart Cars on a market-driven basis: "This has some neat features. Cars don’t have to be picked up and dropped off at fixed points. You find one with your smart phone based on GPS, and drop it off anywhere in the service area you can find a spot – even at a meter. These cars aren’t required to feed the meter so you get free on street parking while using them. I was told this system was put in place on a market basis without subsidies – and that the vendor actually pays the city for the use of the meters." http://www.urbanophile.com/2014/05/26/checking-in-on-columbus/

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