News & Analysis

Raidious aims to feed online marketing beastRestricted Content

November 27, 2010
Chris O'Malley
Upstart firm helps its clients meet onerous content demands of social media, other online marketing channels.
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St. Francis-WellPoint deal is a sign of the timesRestricted Content

November 27, 2010
J.K. Wall
St. Francis, which operates three Indianapolis-area hospitals, and WellPoint, the giant health insurer, announced this month that they have agreed to jointly form an accountable care organization.
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Retail giants hope to cash in on local flavor

November 27, 2010
Cory Schouten
National retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
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Men's basketball still a cash cow at IURestricted Content

November 27, 2010
Anthony Schoettle
Despite its serious ills since 2007, Indiana University basketball remains a national power—at least financially. The men’s basketball program ranked No. 8 among all NCAA Division I schools in revenue generation during the 2008-2009 season.
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Brightpoint takes over s2f after big growth plans fizzleRestricted Content

November 27, 2010
Chris O'Malley
Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.
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Senior staffer settles retaliation lawsuit with IMARestricted Content

November 27, 2010
Kathleen McLaughlin
A longtime senior manager at the Indianapolis Museum of Art has retired—the result of a settlement in a retaliation lawsuit she filed earlier this month.
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Racing equipment maker Simpson testing helmets for footballRestricted Content

November 27, 2010
Anthony Schoettle
Bill Simpson, one of the biggest names in motorsports safety, is getting involved in the crusade to make a better football helmet and reduce the number of concussions in the National Football League.
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2010 Holiday Wish List

November 27, 2010
 IBJ Staff
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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Possible Simon bid boosts British mall owner's stock

November 26, 2010
Bloomberg News
Shares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
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Noble Roman's expanding grocery-product line

November 24, 2010
Francesca Jarosz
The pizza franchisor will begin offering pasta sauce, Parmesan cheese, cheesy bread sticks, cheese dip and a deep-dish lasagna dish to grocery stores to supplement franchise revenue.
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Electric car maker starts production at Elkhart plant

November 24, 2010
Associated Press
Think North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones to be finished in the coming days.
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Brown & Brown acquires Mavum benefits brokerage

November 24, 2010
J.K. Wall
Indianapolis-based benefits brokerage Mavum Consulting LLC has sold its assets to Florida-based Brown & Brown Inc., the latest in a wave of broker consolidation in recent years.
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Foreclosure washes away water park plans in Fishers

November 24, 2010
Scott Olson
Developer Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
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October durable goods orders drop 3.3 percent

November 24, 2010
Associated Press
The setback was the sharpest decline since demand fell 8 percent in January 2009. The unexpectedly sharp decrease raises questions about the strength of manufacturing.
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Jobless claims drop sharply

November 24, 2010
Associated Press
A Labor Department analyst said weekly claims are volatile during the week between the Veteran's Day and Thanksgiving holidays. A key question is whether claims will remain this low in future weeks.
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Lilly, Acrux receive FDA approval for Axiron

November 24, 2010
 IBJ Staff and Bloomberg News
The companies believe the underarm testosterone solution has the potential to realize sales of more than $1 billion a year in the United States.
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Study: Indianapolis high-priced hospital market

November 24, 2010
J.K. Wall
Indianapolis-area hospitals have negotiated reimbursement rates with private health insurers that are two and three times higher than those paid by the federal Medicare program, suggesting the hospitals have the upper hand over insurers, according to a new study.
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Clarian grows market share to 40 percent

November 24, 2010
J.K. Wall
Clarian Health has been growing faster than its peers in the Indianapolis market the past five years and is now generating healthy margins, according to a report this month by Moody’s Investors Service.
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Three-quarters of state high schools miss standards

November 23, 2010
Associated Press
Indiana's top education official says the latest performance statistics show schools are failing students once they reach high school.
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Keystone plans mixed-use project on Madison Avenue

November 23, 2010
Cory Schouten
A local developer is planning a $2 million mixed-use project for a vacant parcel along Madison Avenue just south of downtown.
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Duke Energy exploring other uses for electric-vehicle batteries

November 23, 2010
Scott Olson
The utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
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Ad Age: Steak n Shake seeking new agency

November 23, 2010
 IBJ Staff
Two years and at least two advertising agencies after ending a long-term advertising deal, Steak n Shake is reviewing pitches from agencies interested in its business, according to a report from industry publication Advertising Age.
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Chrysler to invest $843 million in Kokomo plants

November 23, 2010
Associated Press
The investment was announced just ahead of appearances Tuesday by President Barack Obama and Vice President Joe Biden at a Chrysler transmission plant.
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State's unemployment rate drops below 10 percent

November 23, 2010
Indiana's unemployment rate in October dipped to 9.9 percent, marking the first time the rate has been below double digits since March.
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Scale Computing scores $17M in venture capital

November 23, 2010
The latest round of funding brings the total raised by the local data-storage upstart to $31 million and follows a $9 million investment it received in March.
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