Zimmer profit up slightly, meets expectations
Indiana-based orthopedic implant maker Zimmer Holdings Inc. on Thursday reported a fractional increase in first-quarter profit on higher sales in all global regions, particularly the Asia Pacific.
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Best Buy’s turnaround may pinch HHGregg
The struggling electronics chain Best Buy has launched a turnaround strategy that borrows more than a few pages from the playbook of competitor HHGregg.
Canal Walk popular, but full of opportunities missed
City leaders once envisioned the Canal Walk as a bustling pathway lined with restaurants and shops, but residential and office buildings have sprouted instead on most of the parcels along the meandering 1-1/2-mile stretch–making it more of a local amenity than a visitor attraction.
Plant upgrades might cost IPL nearly $1 billion
New federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down older units.
Firm finds opportunity helping employers with hiring
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.
BrightPoint stock sinks on lower earnings report
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
Reference librarians solve ‘little mysteries’ for patrons
Thirty-one reference librarians at Indianapolis-Marion County’s Central Library downtown, stationed at four buzzing reference desks, provide the personal touch even the best Internet search engine can’t duplicate.
PROXY CORNER: Noble Roman’s Inc.
Indianapolis-based Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants. Some outlets are stand-alone, while others are in non-traditional locations, such as universities, convenience stores, travel plazas and military bases.
Growth pushes Bluelock into black
The growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit and garnering national attention.
KIM: Is Apple trading at $600 investor iNsanity?
At a recent price of $600 per share, Apple boasts a market value just shy of $560 billion, making it by far the most valuable company on the planet.
Damien Center pays off building mortgage
Agency that offers HIV- and AIDS-related services owns its headquarters free and clear after $3 million capital campaign.
HICKS: Finding freedom through ‘The Hunger Games’
What has kept me in a three-week state of shock is the message about values our kids are getting from this work.
Angie’s List posts larger loss, but higher revenue
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships topped 1.2 million, an 81-percent increase from the same period a year earlier.
Proposed Indy airline gets audience with Venture Club
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
Zionsville might pass on full-day kindergarten funds
Superintendent Scott Robison informally recommended in March that the school system take a pass on the new funding because it still does not fully cover the costs required to expand its kindergarten program from half days to full days.
MediaSauce co-owner leaves firm, starts new ad agency
Magnitude already has landed several big clients, including the Indiana Pacers and Northwestern University.
MAURER: Take her husband, please
Congratulations to Gov. Mitch Daniels on the appointment of Mike Alley as commissioner of the Indiana Department of Revenue. Alley will restore the state agency’s credibility.