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News & Analysis
Judge upholds Lilly's Evista patent
September 24, 2009
J.K. WallA federal judge in Indianapolis turned back a patent challenge to Eli Lilly and Co.’s drug Evista, the company announced
late yesterday.
MoreEx-Lampoon exec Dan Laikin admits to stock fraud
September 23, 2009
Greg AndrewsCarmel businessman Dan Laikin pleaded guilty this afternoon to participating in a fraudulent scheme to pump up the stock price
of National Lampoon Inc., the Los Angeles-based entertainment company he led.
MoreIndy Partnership eyes more jobs from Germany
September 23, 2009
Scott OlsonAn Indy Partnership official departed for Germany yesterday on a trade mission promoting economic development opportunities
in the 10-county Indianapolis area.
MoreIndy Audio Labs wiring for relaunch of high-end home theater brands
September 23, 2009
Chris O'MalleyTwo former Klipsch Group engineers plan to return to the market a brand of amplifiers famous among audio enthusiasts. Indy
Audio Labs, owned by Rick Santiago and Ted Moore, bought the Aragon and Acurus brands of amps, pre-amps and sound processors
from Klipsch and are planning a
2010 launch.
MoreOld National prices offering at $10 per share
September 23, 2009
Scott OlsonEvansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company
stock at $10 per share.
MoreLilly Endowment funds OrthoWorx effort with $7 million
September 23, 2009
J.K. WallA new group expected to develop the orthopedic implants industry in Warsaw will be able to proceed now that Indianapolis-based
Lilly Endowment Inc. is putting $7 million behind it, according to an announcement this morning.
MoreLilly agrees to settle more state Zyprexa suits
September 22, 2009
Eli Lilly and Co. has agreed to confidential terms to settle lawsuits brought by seven states alleging the company illegally
marketed bestselling antipsychotic drug Zyprexa, Bloomberg News reported today.
MoreNCAA's CFO named interim president
September 22, 2009
Anthony SchoettleJames L. Isch, the NCAA's long-time chief financial officer, has been named interim president of the association, replacing
Myles Brand, who died last week of pancreatic cancer.
MoreIndyGo ends commuter bus route from Greenwood
September 22, 2009
IBJ StaffDue to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
MoreIrwin Financial files for bankruptcy liquidation
September 21, 2009
Peter SchnitzlerColumbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.
MoreIndianapolis lands 2013 men's NCAA regional
September 21, 2009
IBJ Staff and Associated PressIndianapolis has been selected to host a regional round of the 2013 NCAA men's basketball tournament, the NCAA announced
today.
MoreMead Johnson plans expansion in Evansville
September 21, 2009
IBJ Staff and Associated PressMead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
MoreUnfinished federal bailout sealed Irwin's failure
September 21, 2009
Peter SchnitzlerUp to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
MoreFort Wayne lures long-time conventions from Indy
September 21, 2009
IBJ Staff and Associated PressFort Wayne's expanded convention center and a planned downtown hotel are proving attractive to conventions, including at least
four events long held in Indianapolis.
MoreOld National selling stock to fund potential purchases
September 21, 2009
Scott OlsonEvansville-based Old National Bancorp said this morning that it is selling $150 million of its stock in a public offering
and will use some of the proceeds to fund potential acquisitions.
MoreComcast rolls out on-demand education offerings
September 21, 2009
IBJ StaffComcast Corp. is making videos seen on the Discovery Education channel available on demand to its Indianapolis-area digital
subscribers, the cable television company announced today.
MoreNASDAQ threatens to delist Emmis stock
September 21, 2009
IBJ StaffNASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company's stock doesn't rise
above the minimum bid price of $1 per share within the next six months.
MoreChamber puts support behind Wishard hospital proposal
September 21, 2009
J.K. WallThe Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to take a leadership position to help hospital leaders win voter approval for the project.
MoreMore IU, Purdue projects could move forward
September 19, 2009
Associated PressMore than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker's
objections to the schools' tuition increases.
MoreAnticipated development near stadium isn't materializing
September 19, 2009
Sam StallNot long ago, developers seemed to vie for every square inch of open ground in the vicinity of the just-completed Lucas Oil
Stadium. These days, the entire neighborhood has been pushed, if not into a financial deep freeze, then at the very least
to the back of the crisper drawer.
MoreDeveloper Broadbent sues banks after they tighten credit line
September 19, 2009
Peter SchnitzlerLocally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
More'Dewatering' system creates space, keeps new Marriott's basement dry
September 19, 2009
Scott OlsonA sprawling network of drainage pipes is designed to keep the underground parking garage of the new JW Marriott hotel dry.
MoreSlots revenue revives hopes of state's horse breeding industry
September 19, 2009
Kathleen McLaughlinPurses at Hoosier Park in Anderson and Indiana Downs in Shelbyville have swollen since the two tracks added slot machines
in June 2008.
MoreLilly revises playbook in effort to score more 'touchdowns'
September 19, 2009
J.K. WallThe drugmaker has successfully moved experimental drugs into position to win approval by regulators. But only once in the
last four years has a new drug actually made it to market—the industry’s equivalent of getting
across the goal line.
MoreIndiana turns away booze-distribution heavyweight
September 19, 2009
Cory SchoutenThe Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of
America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.