Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms.
Conseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents
per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after
the market closed.
Conseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after the market closed. Its total net income will swing to a gain of $16 million to $28 million compared […]
Second Helpings has moved its fundraiser to its near east-side food pantry and slashed prices in recognition of the economic
climate.
This year will be our 18th year as IPS parents. My husband and I are college graduates, upper-middle
class. He is employed full time and I’m self-employed part-time. We chose to stay in IPS
and try to make a difference for the many classmates that have no one rooting for them at home.
The banking sector is on the mend after being tattered by the financial crisis, but it still has a long way to go before
making a full recovery. That’s the consensus, judging from recent stock performances of the largest publicly
traded banks with a presence in Indianapolis.
Bank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
On the eve of the U.S. Senior Open Golf Championship that will be played at Carmel’s Crooked Stick Golf Club, designer
Pete Dye’s first great masterpiece, I was fortunate to be invited to play his latest creation and maybe one of his greatest.
Profits at ITT Educational Services Inc. soared nearly 53 percent in its second quarter, crushing the expectations of Wall Street analysts.The Carmel-based education company raised its year-end profit forecast by as much as 60 cents per share to a range of $7.55 to $7.85, confident that rampant joblessness will keep driving Americans back to its […]
SBA loan guarantees for the month of June. These businesses have received loans from financial institutions with a guarantee
from the SBA. Not all funds are disbursed immediately, and some approved loans are subsequently canceled.
For four decades, Jim Ashby worked as a manufacturing floor manager, first for General Motors Corp., then, after a buyout,
for an Ingersoll Rand subsidiary. He likes to relax and fish, but Ashby considers himself too energetic for retirement. He’s
now 67 years old. And a first-time entrepreneur.
Tom Watson’s near British Open Victory yesterday has sent ticket sales skyward for the U.S. Senior Open hosted by Crooked Stick Golf Club in Carmel July 27-Aug. 2.
Watson will be one of the headliners of…
A new business plan is in the works for the high-end Monon Center in Carmel.
IBJ is completely off base to suggest that the new state budget was “balanced on the backs of poor children.”
As has been true of every state budget for the last two decades, students in Indianapolis Public Schools and other urban districts
are actually the biggest winners in this budget.
IBJ reporter Kathleen McLaughlin guest blogs today.
The Indianapolis Opera is adding another event to the busy fall festival scene, but it’s definitely striving to carve out a distinct niche. Operapalooza, planned for Sept. 11 and 12, will mix sets by…
Favorable article in prestigious journal could draw attention to Carmel biotech startup.
For a peek into just how hard the housing bust has hit the Indianapolis area, look no further than a new
study by the Indiana Business Research Center, an arm of Indiana Universityâ??s Kelley School of Business.
The region,…
Indiana welfare officials considering canceling the state’s privately run welfare system have no backup plan in place, and critics say it will be hard to undo the privatization of 1,500 state case workers more than two years ago. Anne Murphy, secretary of the Family and Social Services Administration, confirmed recently that the system led by […]
Carmel-based Conseco Inc., still a bit strapped for cash, brought in a reinsurance company to shoulder some of the risk
of its life insurance policies. Minnesota-based Wilton Reassurance Co. will pay $57.5 million to Conseco as a ceding
commission to co-insure and administer 104,000 policies held by Conseco subsidiaries.
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
