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Also this week

February 23, 2011

National Book Award-winning Poet Terrence Hayes speaks as part of the Kellogg Writers Series at the University of Indianapolis on Feb. 24. Details here. 

Indyprov and ComedySports Indianapolis team up for “Laff-a-Thon 4,” a Feb. 26 noon-midnight performance benefiting a different charity each hour. Hourly raffles are also part of the improvisation fest. Details here.

Jennifer Coolidge, best known for her roles as Paulette the manicurist in “Legally Blonde,” Stifler’s mom in “American Pie” and just about every film by Christopher Guest, takes to the Crackers Comedy Club stage in Broad Ripple, Feb. 24-26. Details here.

The Indianapolis Museum of Art offers a chance to have the inside track in your Academy Awards pool by presenting two of this year’s Oscar-nominated Best Documentaries (“Waste Land” and “Exit Through the Gift Shop”) and a nominated Best Foreign Film (“Dogtooth”) all on Feb. 26. Details here. 

The Indianapolis Symphony Orchestra performs Beethoven’s “Pastoral” Symphony Feb. 25-26 with guest pianist Jean-Yves Thibaudet. Details here. 

Idina Menzel

February 23, 2011

March 2

Hilbert Circle Theatre

Considering that Andrea Marcovicci is best known for her acclaimed work on cabaret stages, it’s remarkable to see the extent of her non-musical acting resume. She performed on stage with John Gielgud, played Ophelia to Sam Waterston’s Hamlet, and has appeared in everything from Chekhov to “Cat on a Hot Tin Roof.” Those dramatic chops go a long way toward making her the songstress that she is. At the Cabaret, those talents will service songs from motion pictures, including “As Time Goes By,” “Days of Wine and Roses” and more. Details here. 

This week also brings a new generation of stage star: Idina Menzel, who conquered Broadway in “Rent” (she was the original Maureen, of “Tango Maureen” fame) and the lead green role in “Wicked.” But you can expect to see a new tribe of young fans familiar with her, thanks to her role as the coach of Vocal Adrenaline on TV’s “Glee.” While we can expect to hear songs from all of the above, I’m hoping she throws in something from her off-Broadway “The Wild Party.” She’s also been known to mix in songs at these gigs ranging from “Look to the Rainbow” to Sting’s “Roxanne.” Details here. 

Andrea Marcovicci

February 23, 2011

Feb 25-26

Cabaret at the Columbia Club

“Faust”

February 23, 2011

Feb 25-March 5

IU Musical Arts Center

The last time Tomer Zvulun stage-directed a new production of an opera at Indiana University was 2009’s storybook-designed “The Magic Flute,” which went on to a professional production by Atlanta Opera, and will soon be seen staged in Cincinnati and Austin, Texas.

For his latest production, Zvulun and the IU Opera design team are exploring the nostalgia and quest for youth in his reimagining of Charles Gounod’s “Faust.” The familiar tale of a deal with the devil is getting a bit of a twist as the hero not only becomes young again, but is taken back from 2010 to the 1930s.

For details on the production—and insight from Zvulun—click here. 

“Basile at Basile”

February 23, 2011

Feb. 24

Basile Opera Centre

You can read for yourself here how Frank Basile (the philanthropist) met Frank Basile (the opera singer). The important thing here is that the musical Frank will be in town to perform at the new venue named for our town’s Frank.

And he’s bringing his wife, Academy Award-winner Celeste Holm—the original Ado Annie in Broadway’s “Oklahoma!”—who will receive an honorary award from the Heartland Film Festival. Details on the unique Indianapolis Opera fundraising event here. 

“Hard Truths: The Art of Thornton Dial”

February 23, 2011

Feb. 25-Sept. 18
Indianapolis Museum of Art

A highlight of the 2008 Indianapolis International Film Festival was the documentary "Mr. Dial Has Something to Say." Now, two years later, the Indianapolis Museum of Art is showing us exactly what has been on Mr. Dial's artistic mind before and after he was discovered by the outsider art movement.

In the largest retrospective ever of Dial's work, more than 75 works by the self-taught contemporary artist will be featured. Included among the paintings, drawings and found-art assemblages are 25 works that have never been shown publicly before.

One piece will be sticking around after the show leaves: The IMA recently acquired Dial's "Don't Matter How Raggly the Flag, It Still Got to Tie Us Together" for its permanent collection. Details here.

IndyCar CEO: ‘I wouldn’t grade myself high’

February 23, 2011

With new board members from the series' funding arm, Hulman & Co., looking over his shoulder, time is running short for Randy Bernard to help the IndyCar Series increase attendance, TV ratings and turn a profit.

Casket maker plans $16.5M investment, 300 jobs

February 23, 2011

Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.

Language Training Center expands relationship with LPGA

February 23, 2011

The Indianapolis-based Language Training Center is now translating the letters of the professional golf association’s commissioner into multiple languages and providing live interpretation at association meetings.

WellPoint board declares 25-cent dividend

February 23, 2011

WellPoint Inc. became the latest health insurer to reward shareholders with a quarterly payout after piling up cash from a string of strong financial performances.

LEADING QUESTIONS: Real estate maven keeps swinging

February 23, 2011

LQ Litten watch videoHow does the owner of F.C. Tucker Co. rally the troops during the home-sales slump? How did his tour in Vietnam reset his course? Why is his desk always so clean? Talk to Jim Litten; he has answers.

Indiana Senate OKs contentious immigration bill

February 23, 2011

The Republican-ruled Senate voted 31-18 Tuesday for the bill, which contains penalties for businesses that hire illegal immigrants and allows police officers to ask someone for proof of immigration status if they have a reasonable suspicion the person is in the country illegally.

Democratic lawmakers leave Indiana, block labor bill

February 23, 2011

Indiana House Democrats took a page from the playbook of their counterparts in Wisconsin on Tuesday, refusing to show up and at least temporarily blocking a Republican-backed labor bill.

Company news

February 22, 2011

It’s no secret Wall Street analysts take a dim view of Eli Lilly and Co.’s future profit potential. Only two out of 22 analysts recommend buying the Indianapolis-based company’s stock. And here’s why: Lilly ranks last among nine pharmaceutical companies in pipeline sales potential by the year 2015, according to an analysis by Dr. Tim Anderson, a pharmaceutical analyst at Bernstein Research. Anderson adds up the five-year sales forecasts for all drugs under development by the nine drugmakers. Pharmaceutical journalist Jim Edwards noted that such predictions are notoriously unreliable, but it’s the best investors have to go on for predicting the pharma future. At the top of Anderson’s ranking is Switzerland-based Novartis AG, estimated to generate $4.5 billion in sales from pipeline drugs by 2015. Lilly brings up the rear with $1 billion in projected sales. Smack in the middle of the list is New York-based Bristol-Myers Squibb Co., which is roughly equal in size to Lilly and is projected to pull in $3.2 billion from pipeline drugs.

CNO Financial Group Inc. boosted its operating profits 62 percent in the fourth quarter, besting analysts’ estimates by 2 cents per share. The Carmel-based life and health insurer on Tuesday said it earned $168.2 million in the final three months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year. Most of the increase in the most recent quarter came from investment gains. Excluding those, as well as special accounting and debt charges, CNO had a quarterly operating profit of $51.7 million, or 18 cents per common share. On that same basis, Wall Street analysts were expecting the company to earn 16 cents per share, according to a survey by Thomson Reuters. A year ago, CNO’s operating profit was $32 million, or 15 cents per share. Revenue for the quarter rose nearly 2 percent to $1.08 billion. The main improvement came on policies that CNO still holds but is no longer actively selling. That division, called “Other CNO Business,” recorded a fourth-quarter profit of $6 million, compared with a nearly $30 million loss in the same quarter last year. That helped mask a drop in profit at CNO’s main Bankers Life unit, based in Chicago. It earned $71.4 million in the quarter, a fall of 16 percent.

UPDATE: CNO shares soar after quarterly profit rises

February 22, 2011

The Carmel-based life and health insurer, in an after-markets announcement, said it earned $168.2 million in the final three months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year.

General Assembly approves fix for bankrupt jobless fund

February 22, 2011

The Indiana Senate has given final legislative approval to a bill to fix the state's bankrupt unemployment insurance fund. The measure now moves to Republican Gov. Mitch Daniels for his signature.

People

February 22, 2011

Community Health Network appointed registered nurse Cindy Adams its chief nursing officer, overseeing 3,000 nurses. On Feb. 26, Adams will replace Jan Bingle, who is retiring after 27 years at Community. Adams holds degrees from Ball State and Indiana universities. She resides in Shelbyville.

Dr. Marc Overhage is leaving Indianapolis-based Indiana Health Information Exchange Inc. to become chief medical informatics officer of Siemens, a German company with its U.S. health services business unit based in Pennsylvania. Until earlier this year, Overhage was CEO of the exchange, but stepped down and was replaced by local software entrepreneur Harold Apple.

Dr. Isaac J. Myers II will become president of St. Francis Medical Group on Feb. 28. Myers was previously vice president of clinical and business integration at Wishard Health Services. From 1998 to 2006, Myers was vice president of medical affairs for Advantage Health Solutions, a health insurer in Indianapolis. A New York City native, Myers earned his medical degree from Wayne State School of Medicine and performed his residency in family medicine at Indiana University School of Medicine.

Dr. James L. Gahimer has established a practice with the newly created Center Grove Internal Medicine in Greenwood, which is part of the St. Francis Medical Group. Gahimer previously worked as a drug safety consultant with T.L. Care Corp in Beech Grove, and before that was a medical adviser in global product safety at Eli Lilly and Co.

Senate OKs parts of Daniels’ education agenda

February 22, 2011

The Republican-led Indiana Senate approved several key pieces of GOP Gov. Mitch Daniels' aggressive education agenda Tuesday, including a bill to limit teachers' collective bargaining rights and a bill linking teacher pay to student performance.

Franciscan’s electronic records rollout shows industry growth

February 22, 2011

Franciscan Alliance will spend more than $100 million over the next two years to install a common electronic medical record system at its 13 hospitals and more than 165 physician practices. It’s a sign of the growth of the health information technology industry in Indiana, which a new BioCrossroads report says generates $200 million a year in sales and is growing at 8 percent annually.

Fair bankruptcy trustee hears from prospective Lampoon suitors

February 22, 2011

Fair Finance Co.’s bankruptcy trustee is getting inquiries from parties interested in buying National Lampoon Inc., the Los Angeles-based comedy business led by embattled Indianapolis businessman Tim Durham.

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