KAR misses quarterly profit forecast amid surge in revenue
KAR Auction Services Inc. missed Wall Street expectations with its fourth-quarter earnings despite revenue that exceeded predictions.
KAR Auction Services Inc. missed Wall Street expectations with its fourth-quarter earnings despite revenue that exceeded predictions.
Restaurant Brands International Inc. has agreed to buy Popeyes Louisiana Kitchen Inc., adding a fried-chicken outfit to its lineup of burgers and doughnuts. The two chains have about 70 restaurants in the Indianapolis area.
Father-and-son duo Jim and Sean Hallett launched a minor-league hockey team—the Indy Fuel—in 2013, but the enterprise has expanded far beyond just an ECHL franchise.
Several projects are in the works—a push led mainly by local developer Onyx+East, which plans to begin construction this year on nearly 150 units, 90 of which are in or near downtown.
We stuck with Hamilton County because it’s an easy commute to downtown Indy.
The bill comes on the heels of Carmel’s recent decision to send letters to 28 residents who rent out their homes on Airbnb, stating that they are in violation of city zoning laws.
From 2007 to 2010, the Carmel-based manufacturer laid off about 1,000 employees. But its commitment to stay invested in R&D has paid off.
The company has acquired a 10-acre parcel near the southeast corner of Interstate 65 and Whitestown Parkway for $3.6 million, giving it 25 acres at the interchange for the new dealership.
Clear and enforceable property rights are at the core of any prosperous and free economy.
The Ireland-based security products company, which has its Americas region headquarters in Carmel, fell short of Wall Street expectations.
Craig Mince runs the state’s biggest movie house (by screen size) while expanding innovative Indy Film Fest offerings throughout the year.
Jill Margetts joined Centerfield in 2007—which has invested in more than 40 companies—near the end of its first fund and during the launch of its second. It’s now on its fourth, “and with each new fund, the firm’s size and investor base has grown,” she said.
Neal Brown, who’s already busy taking over the Recess space south of Broad Ripple for a new eatery, also is cooking up something new in the current location of Pizzology on Mass Ave.
A proposal in the Indiana House that would restrict local governments from banning short-term rentals—such as Carmel’s recent move to stop owners from sharing their homes on Airbnb—appeared to be dead earlier this week.
CNO Financial Group Inc. saw a big increase in profit in the fourth quarter, but not enough to meet Wall Street expectations.
Following his recent purchases, Ken Kolbow plans to move the tutoring facilities to locations where he thinks he can attract more students.
The result is a victory for local governments that want to thwart homeowners from offering their houses on Airbnb—but not for homeowners in those communities who wish to use such services to make extra money.
The Indiana Court of Appeals on Friday declined to take up an appeal from four cities, which had sought to dismiss the challenges from three conservative groups.
Thirty-four-year-old design agency Outside Source has become one of the go-to players in the local “internet of things” industry.
Making a restaurant succeed anywhere is a challenge. Trying to make it work in the Village of West Clay has proven to be an even greater one.