News & Analysis

Dow Chemical seems poised to keep AgroSciencesRestricted Content

August 3, 2009
Peter Schnitzler
Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit appear to have decreased.
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Arcadia hopes health care reform means more revenueRestricted Content

August 3, 2009
J.K. Wall
The CEO of Indianapolis-based Arcadia Resources said the environment is perfect for his company's fast-growing DailyMed service.
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Downturn provides opportunity for restaurants hungry for expansionRestricted Content

August 3, 2009
Cory Schouten
The economic slump is giving independent local restaurants a shot at prime locations that in good times would be snapped up by chains.
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Toll-road lease tumbles in valueRestricted Content

August 3, 2009
Peter Schnitzler
Gov. Mitch Daniels expected his unprecedented $3.8 billion Indiana Toll Road lease to last 75 years. It may be tested after just three.
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Arts festivals feel financial pinchRestricted Content

August 3, 2009
Kathleen McLaughlin
Art-show organizers are getting creative to keep their events alive as they struggle to attract sponsors and participating artists.
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Republic Airways closes purchase of Midwest

August 2, 2009
Republic Airways Holdings says it has completed its acquisition of privately held Midwest Airlines for $31 million in cash and debt.
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ISO struck tentative Venzago deal before ouster

July 31, 2009
Scott Olson
The Indianapolis Symphony Orchestra and Music Director Mario Venzago had reached an agreement in principle on a new contract before the deal recently unraveled, an official with the musicians' union said this morning.
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Duke Realty suffers second-quarter loss

July 31, 2009
 IBJ Staff
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations, a key performance measure for real estate investment trusts.
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UPDATE: Symphony seeks maestro with local presence

July 30, 2009
Kathleen McLaughlin
The Indianapolis Symphony Orchestra is looking for a new maestro, and CEO Simon Crookall said he wants Mario Venzago's replacement to have more of a local presence.
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BREAKING: Venzago out as symphony maestro

July 30, 2009
Kathleen McLaughlin
The Indianapolis Symphony Orchestra is looking for a new maestro. CEO Simon Crookall announced to the symphony staff this afternoon that Music Director Mario Venzago would not return for the 2009-10 season.
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State unveils $31M tuition-funding program

July 30, 2009
J.K. Wall
Gov. Mitch Daniels failed to get the legislature to bite on his plan to lease out the Hoosier Lottery in order to pay for two-year college scholarships. So he's now he's using $31 million in federal stimulus funds to create a similar program for about 9,000 Hoosiers.
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Dow Agro sale still possible, but less likely

July 30, 2009
Peter Schnitzler
Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit have decreased.
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Cummins' stock rises despite lower revenue, profit

July 30, 2009
Cummins Inc.'s stock jumped more than 6 percent in morning trading after its quarterly results beat analyst estimates.
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Muncie manufacturer Duffy calling it quits

July 30, 2009
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result of the closure, Duffy said in its July 27 filing.
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Investments propel Baldwin & Lyons profit

July 30, 2009
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment gains from recovering equity markets helped boost performance.
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Cemetery owner to plead guilty to theft, fraud

July 30, 2009
Scott Olson
A cemetery owner set to go on trial Monday has agreed to plead guilty to theft and securities fraud.
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Finish Line extends 500 Festival relationship

July 29, 2009
Indianapolis-based Finish Line Inc. has signed a multi-year agreement to extend its title sponsorship of the 500 Festival's 5K race held each May, officials announced today.
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WellPoint stock falls despite quarterly profit

July 29, 2009
J.K. Wall
WellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
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Conseco shares jump after profit report

July 29, 2009
J.K. Wall
Shares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
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Carbon Motors chooses Connersville

July 29, 2009
 IBJ Staff
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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UPDATE: Carbon Motors chooses Indiana

July 29, 2009
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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Carbon Motors has chosen Indiana, official says

July 29, 2009
Scott Olson
A rally this morning in Connersville originally intended to help persuade a police car manufacturer to locate a major factory there appears to be a celebration party.
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Carmel's Dormir raises $12M from venture capital firms

July 29, 2009
J.K. Wall
Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million in venture capital from three out-of-state firms. The company plans use the proceeds to acquire six to 10 companies this year and more next year, according to CEO Tim Miller.
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Carmel's Dormir raises $12M from VC firms

July 29, 2009
J.K. Wall
Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million in venture capital from three out-of-state firms.
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Dow AgroSciences names new CEO

July 29, 2009
Chris O'Malley, J.K. Wall
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences' crops business, will step into the top job.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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