Steep sales decline forces Hurco to slash executive pay
Indianapolis-based machine toolmaker’s CEO takes 63-percent compensation cut.
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Indianapolis-based machine toolmaker’s CEO takes 63-percent compensation cut.
Jan. 30
Skyline Club
Jerome Collins, of the a cappella sensation Straight No Chaser, will be
singing Motown hits as musical guest for this dessert-and-entertainment benefit for Encore Vocal Arts. I’ll be serving
as emcee for the event—and trying to land some sweet silent auction deals. To give a listen to Collins, click here. Details on the event here.
Broadway star Sutton Foster (“Thoroughly Modern Millie,” “Shrek,” “Young Frankenstein) offers
a public presentation Jan. 30 at Ball State’s Sursa Performing Arts Hall. Details here.
The Indianapolis Symphony Orchestra is joined
by the Indianapolis Symphonic Choir, the Butler University Chorale and baritone Hugh Russell for an evening of Dvorak and
Faure, Jan. 29-30 at Hilbert Circle Theatre. Details here.
Jan. 30
Clowes Hall
High-energy hip-hop dancing is the order of the day for this head-spinning,
arm-crossing, floor-sliding, rubber-limbed company that came to national attention on NBC’s “America’s Best
Dance Crew.” It’s part of the Clowes Presents series, our leading dance importer. Details here.
Jan. 30
Skyline Club
Jerome Collins, of the a cappella sensation Straight No Chaser, will be singing Motown hits as musical guest for this dessert-and-entertainment benefit for Encore Vocal Arts. I’ll be serving as emcee for the event—and trying to land some sweet silent auction deals. To give a listen to Collins, click here. Details on the event here.
Jan. 29
Tobias Theatre, Indianapolis Museum of Art
Truth be told, I haven’t seen the 1958
Orson Welles film “Touch of Evil” since I was in college. Back then, I wasn’t a fan of movies that called
attention to the direction, and so my voice didn’t join the praise for its miraculous opening tracking shot and other
how-did-they-do-that feats of cinematography.
It could be time for a revisit, though, since one of the film’s
most ardent fans will be introducing it for this one-time-only screening at the IMA. That’s Peter Bogdanovich, who has
created his own share of memorable on-screen moments as a director (“Paper Moon,” “The Last Picture Show,”
and “What’s Up, Doc?”) and actor (“The Sopranos”). Details here.
Jan. 30
Indianapolis Artsgarden
A month of concerts and other arts activities in the Artsgarden
gets started with this free program from 1-4 p.m. It includes artist booths and performances by, among others, James Andrews
and New Seasons (give a listen here)
and the Phi Beta Sigma Step Team. Additional Art & Soul performances in February include Asante Children’s Theatre
(Feb. 7), songstress Brenda Williams (Feb. 17), and poet Tasha Jones (Feb. 21). Details here.
Jan. 28-April 18
Indianapolis Art Center
The first of what will become a biennial exhibition
features 70 works by 50 artists from Indiana, its neighbor states and, just for good measure, Wisconsin. Local artists include
Amy Brier (creator of the rolling limestone ball pieces at White River Gardens) and Deborah Klein, who works in delicately
cut paper (see samples here). The show was juried by arts advocate Paul Klein, author of the popular Chicago blog ArtLetter.
Details here.
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon
to announce the
creation of hundreds of new jobs.
The bill would require the state’s Homeland Security agency to issue a permit for the transportation of radioactive materials
within Indiana.
No immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company’s production
halt as it looks to fix sticking gas pedals.
Ohio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
The Indianapolis-based health insurer earned $6.09 per share in 2009, excluding extraordinary items; it expects a $6-per-share
profit in 2010.
Toyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and
Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning.
An Indiana House committee plans to consider a bill that would make it illegal to send text messages or e-mails while driving.
The BMV said Tuesday it has started offering online driver’s license renewals at the agency’s Web site.
Legislation that would prohibit employers from banning guns in people’s locked cars on company property has cleared both the
House and Senate.
The Senate Appropriations Committee voted Tuesday night to remove provisions that would have allowed casinos on Lake Michigan
and the Ohio River to move inland. It also made major changes to legislation that would have required schools to hold back
third-graders if they couldn’t read well.
The Indiana University School of Medicine in Indianapolis will be one of 12 sites for a clinical trial
of a potentially groundbreaking treatment for autism. New York-based Curemark LLC has developed an ingestible powder designed
to help patients digest protein. The drug is the product of research by Curemark founder Dr. Joan Fallon, who found that many
autistic children lack enzymes to digest protein, meaning their bodies cannot produce the amino acids crucial in brain development.
If it proves effective against autism, the powder, called CA-MT, would be the first treatment to reverse the underlying causes
of autism.
Hopes rose Tuesday that Eli Lilly and Co. and its partner Amylin Pharmaceuticals Inc.
will win approval of their new version of diabetes treatment Byetta. That’s because the U.S. Food and Drug Administration
on Monday approved a Byetta rival, Victoza, developed by Denmark-based Novo Nordisk A/S. Victoza is a once-daily shot, compared
with the twice-daily Byetta. But Indianapolis-based Lilly and San Diego-based Amylin have asked the FDA to approve a once-weekly
version of Byetta, which would be the most convenient for patients. Analysts expect sales of once-weekly Byetta to reach as
high as $2 billion by 2015, which would be split by Lilly and Amylin. Sales of twice-daily Byetta last year were on pace to
reach about $790 million. What’s been holding up Victoza and the once-weekly Byetta have been regulator concerns about
patients developing inflammation of the pancreas while taking the drugs. The FDA required Victoza’s label to warn about
pancreatitis as well as use in patients at risk for a rare thyroid cancer. Those warnings were milder than many analysts had
feared. One analyst expects the FDA to make a decision on once-weekly Byetta by March 5.
Warsaw-based Symmetry
Medical Inc. will manufacture implants, instruments and cases for OrthoPediatrics Corp., another
Warsaw-based company that makes orthopedic implants for children. Symmetry expects to bring in $3 million in revenue from
the deal this year. Symmetry also will receive fees for inventory management, warehousing and supply-chain management services.
The agreement will last for five years.
Two local researchers show why Eli Lilly and Co. and its peers are interested in developing medicines to treat automimmune
diseases: The costs of treating them are growing twice as fast as the prescription drug market.