Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent. Indianapolis-based Emmis turned a profit of $7.5 million, or 20 cents per share, for the […]
Purdue University researcher Philip Low, also the chief science officer for West Lafayette-based Endocyte Inc., has developed
a prostate cancer “homing device” to help anti-cancer agents specifically target prostate
cancer tumors.
Indianapolis-based merchandiser MainGate Inc. continues scoring deals with National Football League teams.
On July 7, company officials announced they had signed a 10-year deal to be the exclusive retail and merchandising company
for the Minnesota Vikings.
A state budget was passed June 30, but it’s balanced on the backs of poor children. Legislators
deserve praise for at least slightly increasing overall education funding, but because of a flawed funding
formula, urban districts such as Indianapolis Public Schools actually will lose money in the next two
years.
Home-sale agreements in the nine-county Indianapolis area dipped 1.4 percent in June compared to the same month a year
ago, according to a report released today by F.C. Tucker Co.
Officials for the Indiana Department of Administration and the Indiana Department of Transportation say an expanded contracting initiative will help local governments save $8.5 million this winter. OneIndiana invites cities, towns, counties and schools to participate in the state’s contracting process. The first contract will deal with road salt. Combining city, county and salt needs […]
Local police officers are partnering with “Operation Lifesaver” today to crack down on unsafe driving habits near train tracks. Last year, 19 people were killed in train-automobile collisions in Indiana. Another 45 people were hurt. There have been 29 train-auto crashes so far in 2009.
Home-sale agreements in the nine-county Indianapolis area dipped 1.4 percent in June compared to the same month a year ago, according to a report released today by F.C. Tucker Co. Pending home sales fell from 2,330 in June 2008 to 2,298 in June 2009, the Indianapolis-based real estate company said. Year-to-date, the decline is steeper, […]
A Noblesville man was sentenced to one year of home detention yesterday after pleading guilty to mortgage fraud in federal
court. Marvin G. Hampton also was ordered to pay $262,424.76 in restitution to three lending institutions.
Last week I offered a pair of tickets to see the Celtic band Gaelic Storm at the Vogue, where it will be performing July 30. I also asked you to name your favorite band in a movie. Here are some of the responses (beyond the many Spinal Tap, Commitments, “Drumline” drummers, and Beatles picks) which […]
A Noblesville man was sentenced to one year of home detention yesterday after pleading guilty to mortgage fraud in federal court. He also was ordered to pay $262,424.76 in restitution to three lending institutions. Marvin G. Hampton, 66, operated a real estate company, Glen Mar Land & Home Corp., that bought homes in poor neighborhoods […]
The Indianapolis-based Mobile Enhancement Retailers Association, a not-for-profit trade group of automobile electronics specialty retailers, has agreed to be acquired by Boston-based InstallerNet Inc. InstallerNet is a technology services company that coordinates the installation of consumer electronics through a network of independently owned mobile and home electronics businesses. Under the proposal announced today, InstallerNet’s 2,000 […]
Michael Phelps hits the pool in downtown Indianapolis today in his biggest swim meet since the Beijing Olympics. Phelps will swim the 200-meter freestyle and 200-meter butterfly at the U.S. Nationals at the Natatorium at IUPUI. Phelps is remaking himself with a focus on the shorter events as he heads toward the 2012 London Olympics, […]
The theatrical event “Walking with Dinosaurs” opens in Indianapolis today. Fifteen life-sized prehistoric creatures seemingly come to life in the show. The event runs at Conseco Fieldhouse through Sunday.
The Indiana National Guard held a departure ceremony for about 30 members of the 2,150th Fires Team this morning at the 38th Infantry Division Armory Support Facility on Minnesota Street in downtown Indianapolis. The unit will undergo several weeks of pre-mobilization training before departing for Iraq.
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter, which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the same period a year ago, it said. The Indianapolis-based burger chain reported the figures in […]
Led by Baker & Daniels LLP, Indianapolis’ three largest law firms are recognized in the July issue of The American
Lawyer magazine for their pro bono work.
