The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real
estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract
negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
The O’Malia’s Food Market near 56th Street and Emerson Avenue will close for good this weekend after a 33-year run.
Hedge fund will control nearly 10 percent of Carmel-based insurer.
Insurer Conseco Inc. said Tuesday it plans a registered offering of common stock that will generate about $200 million in gross proceeds to the company.
Shares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.
Specialists are clustering to focus on a single ailment, such as pain, to cut costs and improve quality of treatment.
I see Mayor Greg Ballard’s plan to demolish abandoned homes as a sign of failure, an acknowledgment
that our leaders—those whom we elected, business leaders, policy people, and leaders of not-for-profits—have failed
us, much in the same way leaders dramatically failed the auto companies, investment banks and mortgage companies.
A children’s amusement center is taking over the former Circuit City space at Clay Terrace in Carmel.
File-hosting firm is launching new security software that could set it apart in a crowded field.
The locally based company plans to raise millions of dollars by selling nine undeveloped
tracts in Indianapolis, Fishers, Plainfield and Lebanon.
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.
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.
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.
A California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
Employment in Indiana’s insurance industry has remained stable despite a poor economy.
Firm combines traditional marketing, Web technology to help companies build successful brands. Measurable results help companies
document effectiveness.
Small Business Administration loan guarantees for the month of September 2009 for Indianapolis area
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.
