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Articles
Pace of life sciences venture capital deals in Indiana picks up
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.HENDERSON: Airport terminal, one long year later
As an all-too-frequent flier, I’ve had a chance to get the full-love experience of the new airport terminal numerous
times in its first year. The summary is that it’s both tolerable, and I have no choice.RCI to become Wyndham Exchange; says Carmel jobs are safe
Despite a swooning economy that has hammered the time-share condominium industry over the last 18 months, Resort Condominiums
International continues to outperform its market. That’s not to say there hasn’t been some pain at
the company formerly headquartered in Carmel.PROXY CORNER: Conseco Inc.
Conseco Inc. provides Medicare supplement, cancer, heart/stroke and accident insurance policies as
well as annuities and life insurance products through a nationwide network of distributors.Also this week:
Indianapolis Civic Theatre presents "The Elephant Man," Oct. 30-Nov. 15. For details, click
here.Cardinal Stage presents the comedy "Boom,"
Oct. 30-Nov. 15, at the Waldron Arts Center, Bloomington. For details, click here.IU Auditorium presents Bob Dylan, Nov. 2. For details, click here.
Actors Theatre of Indiana presents "My Way: A Musical Tribute to Frank Sinatra," Nov.
4-15, at Carmel Community Playhouse at Clay Terrace. For details, click here.Gregory Hancock Dance Theatre presents "The Casket Girls," Oct. 29-30, at Pike Performing
Arts Center. For details, click here.
Clowes Memorial
Hall presents The Swell Season (best known for the title song from the movie "Once"), Nov. 2. For
details, click here.Indiana lands $39.4M in power-grid stimulus grants
IPL will receive $20 million to help pay for a $48.8 million project to install more than 28,000 smart meters; Midwest ISO
will get $17.3 million toward a $34.5 million project to install 150 phasor measurement units.Bankruptcies, store closings help Halloween shops scare up space
Like zombies coming to life in a low-budget horror flick, the Halloween specialty shops that invade empty store fronts are
groaning with activity.Gregory & Appel celebrates anniversary by writing 125 checks to charity
The awards of $500 each total $62,500. “In lieu of doing a party, it was more
appropriate and more the corporate culture of Gregory & Appel to do something charitable,”
Vice President Steve Appel said.First Financial gets sweet deal on Irwin Financial’s bank assets
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants
of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp
was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms
that would make any deal-maker proud.ITT stock swoons despite higher profits, enrollment
Investors dumped shares of ITT Educational Services Inc. on Thursday morning as the company remained mute on its year-end
profit forecast while announcing that its bad-debt expenses were rising faster than revenue.SBA loan approvals for Indianapolis – September 2009
Small Business Administration loan guarantees for the month of September 2009 for Indianapolis area
Marketing firm Brandwidth helps clients with online branding
Firm combines traditional marketing, Web technology to help companies build successful brands. Measurable results help companies
document effectiveness.Indiana insurance industry weathers hard times
Employment in Indiana’s insurance industry has remained stable despite a poor economy.
Water bottler buys Plainfield distribution building
A California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
Second developer facing foreclosure on Fishers property
The developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical
to the project’s development has been scheduled for liquidation by a lender.Big profits elevate ITT Educational into rare class
CEO Kevin Modany and his management team have become accustomed to regulatory uncertainty—and to growing the business
at a pace most executives can only dream about.Virginia homebuilder enters market
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.Duke Realty to unload local land holdings at auction
The locally based company plans to raise millions of dollars by selling nine undeveloped
tracts in Indianapolis, Fishers, Plainfield and Lebanon.