Cummins Inc. profit soars on huge growth in sales
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
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Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
A widow and empty-nester, Diane Thomas makes space count in her ‘little’ 1920s-era home in the Meridian Kessler neighborhood.
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.
A study committee's draft report says improved coordination between the state's research universities and industries could improve the economy and spur job growth in the state.
Federal health officials on Monday approved the first generic versions of the blockbuster drug Zyprexa, which posted sales of $5.7 billion last year for Indianapolis-based drugmaker Eli Lilly and Co Inc.
More than 300 major college football and men's basketball players are telling the NCAA and college presidents they want a cut of ever-increasing TV sports revenue to fatten scholarships and cover all the costs of getting a degree.
Indiana University will cut tuition for undergraduates enrolled in summer classes to make college more affordable and decrease the amount of time needed to earn a degree, President Michael McRobbie said Monday.
The Indianapolis Public Schools superintendent wants the state to investigate charter schools that he claims break federal and state laws by turning away homeless and disabled students, a charge the president of the Indiana Public Charter Schools Association denies.
-Capitol Construction Services has finished a 3,500-square-foot renovation for Dr. Sandra Bacon DDS at 1980 E. 116th St., Carmel.
-Capitol Construction Services has finished a 2,184-square-foot expansion for Keyence Corp. at 9225 Priority Way, West Drive.
Watermark Residential has named Brian Southworth a senior financial analyst and Mike Margason construction manager.
The average rate for 30-year mortgages rose from 4.37 percent to 4.38 percent for the week ended Oct. 19, according to Bankrate.com. The rate for 15-year mortgages fell to 3.58 percent from 3.59 percent.
-David A. Noyes & Co. leased 38,880 square feet at One West in Parkwood West, 250 W. 96th St. The tenant was represented by Bill Ehret of Summit Realty Group. The landlord, Duke Realty, represented itself.
-Universal Recycling Technologies leased 25,600 square feet in Park 100 Building 59, 8002-42 Woodland Drive. The tenant was represented by Bill Drinkall of NAI Harding Dahm. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.
-Quick Ship Brands leased 19,181 square feet in Park Fletcher Building 39, 2910 Fortune Circle West. The tenant was represented by Chris Black of CBRE. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.
-Cascade Asset Management leased 15,672 square feet in the Mitchell Building at AmeriPlex, 5125 Decatur Blvd. The tenant was represented by Kelly Williams of Cassidy Turley. The building owner, Holladay Properties, was represented by Matt Dickerson of Jones Lang LaSalle and Dan Phair of Holladay Properties.
-Goodwill Industries of Central Inc. leased 15,075 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, 116th & Olio LLC, was represented by Jeff Wright of Kite Realty Group.
-Exodus leased 12,000 square feet of space at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Ashley Bussell, Ralph Balber and Conrad Jacobs of Newmark Knight Frank Halakar. The tenant represented itself.
-IDI Composites International leased 9,750 square feet of space at 3477 E. Conner St., Noblesville. The tenant was represented by Walter Freihofer of Freihofer Inc. The landlord, Kahlo III LLC, was represented by Bob Lindgren of Lee & Associates.
-Boom Bozz Pizza & Tap House leased 5,554 square feet at Cool Creek Commons, 2454 E. 146th St., Carmel. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
-Dynamique Auto Dealer Services Inc. leased 3,547 square feet at Fidelity Plaza Tower II,11350 N. Meridian St., Carmel. The tenant was represented by Brooke Augustin of Alliance Commercial Real Estate. The landlord, HUB Properties GA LLC, was represented by Matt Waggoner and Tom Hadley of Summit Realty Group.
-Dibella’s Subs leased 3,200 square feet at Traders Point II, 5640 W. 86th St. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, Kite West 86th Street II LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Hycore Biomedical Inc. subleased 3,109 square feet in Keystone Office Park, 3021 E. 98th St. The sublessee was represented by Tim Hull of CB Richard Ellis. The sublessor, St. Jude Healthcare, was represented by Brooke Augustin of Alliance Commercial Real Estate.
-The Web Guys leased 3,073 square feet of office space at SePRO Tower, 11550 N Meridian St., Carmel. The landlord, SePRO Corp., was represented by Bill Ehret and Alex Cantu of Summit Realty Group. The tenant represented itself.
-Apezza Pizza has expanded its lease to 2,420 square feet at Fall Creek Harbour Shoppes, 10150 Brooks School Road, Fishers. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates. The tenant represented itself.
-FCStone, LLC leased 2,300 square feet at 1155 Parkway Drive, Zionsville. The tenant was represented by Leslie Bonacker of CresaPartners. The landlord, Southpark Investments LLC, was represented by Tammy Kelly of RE/MAX Ability Plus Commercial Division.
-TeaBuds Brewing Co. leased 975 square feet of retail space in Old Town on The Monon, 111 W. Main St., Carmel. The landlord, Barrett & Stokley, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.
Jordan-Loews LLC bought an 8,000-square-foot office building at 810 Loews Blvd., Greenwood. The price wasn’t disclosed. The seller, ONB Realty, was represented by Keith Dedrick of Corporate Commercial Group. The buyer represented itself.
Two veterans of vintage retail are teaming up to open a store on a near-east-side corridor that’s getting renewed attention from the 2012 Super Bowl Legacy Project.
Lilly’s patent-loss challenges—the biggest of which takes effect today—will force the company to rely even more on its 1,300 Indiana vendors.
Brooks School Park and Cumberland Park in Fishers have been closed until further notice, the town of Fishers announced yesterday, due to plumbing issues. Fishers officials said a lift-station failure and sewage backup in the vicinity of 116th Street and Brooks School Road are causing the problems. Hamilton Southeastern Utilities crews are working to fix the problems.
IndyCar Series CEO Randy Bernard has called a drivers meeting for Monday at Indianapolis Motor Speedway to discuss safety issues in the wake of the death of driver Dan Wheldon. Bernard said it made sense to conduct the meeting now because most of the drivers were already in the city for Sunday’s memorial service. Wheldon, a two-time winner of the Indy 500, died from injuries suffered in a 15-car accident at the Las Vegas Indy 300 on Oct. 16. Thousands of people attended the public service at Conseco Fieldhouse.
The family of an Indianapolis convenience store clerk shot in the head during a robbery says her prognosis is uncertain and that she’s been placed in a medically induced coma. Marcell Birnell, 45, was shot early Friday while working at a Village Pantry store at West 86th Street and Ditch Road. Birnell has frequently worked the night shift at the store for nearly 10 years. A 15-year-old student at nearby North Central High School has been arrested on preliminary charges of attempted murder and attempted robbery.
Cigna Corp. will buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal as it becomes the latest managed care company to snap up a bigger share of the fast-growing Medicare Advantage market.
Can small-business owners afford to loosen their control of employees’ schedules? Can they afford not to?