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Eli Lilly and Co. has blasted past analysts’ earnings projections for two straight quarters. But if Lilly officials
take that as a sign they can breathe easier, they need only flip through a stack of Wall Street research reports on the company.
I have learned a lot about sea turtles since last
night, and I believe a few of these things belong in any long-term discussion about investing.
We don’t have enough kids interested in science and math
who will grow into the kind of skilled employees Indiana will need in the future.
Corporate boards need more women, but not people such as Susan Bayh, wife of Sen. Evan Bayh. It’s not
that she isn’t up to the task. The former attorney at Eli Lilly and Co. and visiting professor at Butler University
is by all accounts capable. So we’re not surprised she regularly receives invitations to serve on boards. But
we are surprised she accepts.
Gov. Mitch Daniels failed to get the legislature to bite on his plan to lease out the Hoosier
Lottery in order to pay for two-year college scholarships. So he’s now he’s using $31 million in federal stimulus funds
to create a similar program for about 9,000 Hoosiers.
Ten years ago this week, the National Collegiate Athletic Association opened the doors to its new headquarters in White River
State Park.
"Do you tweet?" The answer for you (and your business) needs to be, “Yes, I do.”
When we chose our review theme for August—The “I”s Have It—I jumped at the
chance to try I Love Sushi.
Mario Venzago is out as Music Director for the Indianapolis Symphony Orchestra. A search begins immediately for a replacement.
According to a memo sent minutes ago by Simon Crookall, ISO CEO and President, to his staff: “For a number of reasons…
This week, more smoke on the same mountain at Beef & Boards and time going slowly at the Phoenix.
Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But chances
that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit have decreased.
Shares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based
insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms. The company plans use the proceeds to acquire six to 10 companies this year
and more next year, according to CEO Tim Miller.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences’ crops business, will step
into the top job.
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment
gains from recovering equity markets helped boost performance.
Now there are hordes of Web sites in every industry,
for every region. If you use your site to attract business, you’re a snowflake in the world’s biggest blizzard.
WellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits
but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment
losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations,
a key performance measure for real estate investment trusts.
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.
Cummins Inc.’s stock jumped more than 6 percent in morning trading after its quarterly results
beat analyst estimates.
