WellPoint boosts debt offering to $1 billion
Proceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
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Proceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
Simon Property Group Inc., the largest U.S. shopping-mall owner, plans to sell $750 million of notes to fund a tender offer
for outstanding debt for the second time this year.
Indiana State Fair organizers hope the extreme heat won't keep people away this week. As temperatures continue to rise
into the 90s once again, water and shade will be in high demand, but organizers also said they’ll try to help Hoosiers
beat the heat while they enjoy the fair. They're going to have misting stations and lemonade stands about every 20 feet
for people walking along the grounds. Police, medics and the Red Cross will also be on patrol for anyone having trouble.
Indianapolis police say a homeowner shot a man who attacked him with a pipe wrench during an apparent robbery attempt. Emergency
workers called to the city's south side Sunday evening found a man with gunshot wounds to his abdomen and arm. Police
officers followed a blood trail about a half-block to a house where they found the 59-year-old homeowner with head injuries.
The homeowner told officers that the other man had helped him with home renovations. The homeowner said the man suddenly attacked
him with the wrench. He was able to fight off the attacker and get a handgun, then fired two shots, he told police.
Two cases of arson happened less than two miles apart in Noblesville over the weekend, and both were set just after 2 a.m.
Both homes were vacant and up for sale, so no injuries occurred. The first fire happened at about 2:30 a.m. Saturday in the
7000 block of East 160th Street. The second took place just after 2 a.m. Sunday near the intersection of 146th Street and
Cherry Tree Road. Fox59 will have more at 4 p.m.
Knicks President Donnie Walsh wanted to hire Chris Mullins as general manager. Instead his boss stuck him with a man who has
been a disaster on numerous levels of professional basketball management.
The rising Korean industrial giant is building another plant in the U.S., but not in Indiana.
Indiana counties will receive $1.3 billion in income tax revenue in 2011, nearly 16 percent less than they did this year.
Marion and Hamilton counties will suffer major reductions in distributions.
Indianapolis-based health care firm reaches agreement to offer its DailyMed product to more WellPoint Inc. health plan members.
Indiana Gov. Mitch Daniels said he opposes more stimulus such as aid to states to keep teachers hired and to expand credit
to small business, while favoring incentives to revive private hiring and investment.
The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about
80 businesses.
A spokesman says those coming in have higher SAT scores and are more likely to have earned an academic honors diploma in high
school than past classes.
So far, the state has spent $20.3 million to buy 209 parcels. Another $69.7 million is budgeted for purchases through June
30, 2011.
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.
As preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug.
13.
The IHSAA announced Friday that Bobby Cox would replace Blake Ress as commissioner in February when Ress retires after 10-1/2
years in the position.
About 400 people and nine teams convened at a vacant 96th Street distribution center Thursday for the inaugural Indianapolis
LogistXGames.
An accused bank robber turned himself in Thursday night after his family convinced him to give up. Police said Joshua Scruggs,
25, robbed the Key Bank in Avon on Monday. Scruggs was taken to jail, where he’s being held on a $100,000 bond.
The Fraternal Order of Police has overwhelmingly rejected a new contract with the city of Indianapolis. The Thursday vote
was 748-126 against a new contract, which would have given officers a 1-percent raise during the second year of the contract
and a 3-percent raise after that. The vote came amid anger with a new plan to disband specialty detective units and reorganize
the department.