Wireless device distributor Brightpoint Inc. said late Wednesday afternoon that profit and revenue both fell in the third
quarter because it sold fewer devices at lower prices.
Indianapolis-based First Internet Bancorp on Wednesday said it lost $208,806 in the third quarter, as loan losses continued to increase.
Voters in Beech Grove on Tuesday endorsed a tax increase to keep school buses operating, while other education-related measures in two Marion County townships failed.
Shelbyville-based Blue River Bancshares Inc. on Tuesday night said mounting loan losses contributed to a third-quarter loss of $356,000.
Calumet Specialty Products LP posted a profit of $3.9 million in the third quarter, recovering from a $12.5 million loss in
the same period last year.
Unofficial results from Tuesday night’s special election show more than eight out of 10 Marion County voters supporting a new $754 million hospital for Wishard Health Services.
Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting in the loss of 118 jobs.
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
Eli Lilly and Co. has notified the state that it plans to eliminate 191 sales jobs as part of a company-wide restructuring
announced
in September
that ultimately will result in 5,500 job cuts by the end of 2011.
Muncie-based First Merchants Corp. said Monday afternoon that loan charge-offs contributed to a loss of $6.4 million in the third quarter.
Allison Melangton brings more than 25 years of sports and events management experience to her role overseeing plans for the
2012 Super Bowl in Indianapolis.
Evansville-based energy company Vectren Corp. reported a 47-percent drop in profit for its fiscal third quarter.
Cummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same
period last year, though the company said its profitability and cash position improved from the second quarter.
Cantaloupe.TV, known for
its video marketing expertise, has been working closely with locally based ExactTarget, the well-known e-mail marketing firm,
to give ExactTarget’s clients an easier way of embedding video into e-mails.
Maddening? Disappointing? Choose your adjective. The failure of the latest proposal to prohibit smoking in almost all Indianapolis
workplaces was clearly a setback for public health and a city that markets itself as a medical and life sciences hub.
After no Indiana health and life sciences firms announced venture capital deals in the second quarter, five did so in the
third, and two more have already this month.
Former Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president
and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.
The big goal of health care reform is to cut wasteful spending to pay for expanded health insurance coverage. But the way
the Senate Finance Committee bill tries to do that would be, according to some doctors, “disastrous.”
