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Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter, up from $845,000 the company earned in the same period last year. The Indianapolis business-communications software firm will report official second quarter financial results July 30. Earnings per share are estimated to be between 10 cents […]
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter,
up from $845,000 the company earned in the same period last year.
Whether he ever gets another job as a basketball coach remains to be seen, but Bob Knight is still The General.
During an exhibition softball game played in St. Louis in conjunction with the…
Evansville officials plan to build a new 11,000-seat arena in conjunction with a major remodeling of a downtown hotel.Work could start as early as next month on what Evansville Mayor Jonathan Weinzapfel said will be a transformation of the city’s downtown.The plan, announced yesterday, will put the $127 million arena on a different site than […]
Lower gasoline prices, while good news for drivers, were a gut punch for ethanol producers and promoters of the high-ethanol blend known as E85. In Minnesota, the nation’s leader in E85 pumps, sales fell off by more than half this spring compared with the year before, a disappointment to E85 producers and the farmers who […]
The Indiana Department of Workforce Development is awarding $2.4 million to high school and post-secondary institutions across the state to fund engineering, biomedical and new technical preparation programs. The grants, ranging from $10,000 to $30,000, were awarded to more than 100 schools. The programs prepare students for college or the work force, while providing challenging […]
Ivy Tech Community College President Tom Snyder has been named one of four remaining candidates for the position of chancellor of the State University System of Florida, the St. Petersburg Times reported yesterday. A search committee trimmed a list of 13 candidates to four who will be interviewed for the job on Friday. A recommendation […]
Massachusetts-based Stride Rite Corp. has notified the Indiana Department of Workforce Development that the company will close its distribution center in Huntington, leaving 120 employees jobless. The footwear and apparel retailer said Friday it plans to close the center on Sept. 18 and will lay off employees in two phases: 55 on Sept. 11 and […]
A bankruptcy judge has approved a plan by Indianapolis-based Republic Airways Holdings to buy Frontier Airlines, although other bidders could still come forward. Frontier Airlines Holdings Inc. spokesman Steve Snyder said the judge approved the plan at a hearing today in New York. Republic, a regional carrier that currently flies for other airlines, is offering […]
Indianapolis-based Eli Lilly and Co. and four of its peers have to submit second bids this week in a scramble to acquire the animal health businesses of two other drugmakers, Merck & Co. Inc. and Schering-Plough Corp. The final decision on who gets what and at what price is expected by the end of July, […]
By BREE FOWLER AP Auto Writer NEW YORK A bankruptcy judge on Monday approved a deal that could shift some of auto parts supplier Delphi’s assets to General Motors Co., which emerged from Chapter 11 bankruptcy protection last week. U.S. Judge Robert Gerber, who is overseeing the liquidation of Motors Liquidation Co., the collection of […]
Brightpoint Inc. announced this morning that shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering. An offering price was not disclosed. NC Telecom is the entity that owned Denmark-based Dangaard Telecom before Brightpoint bought it in August 2007 for $385 million in stock and the assumption of $350 million […]
Purdue University’s trustees have approved increasing tuition by 5 percent for Indiana students the next two years along with phasing in a $500 fee for new students. The trustees executive committee voted unanimously today in support of the increase, which will add $388 to the tuition bill for in-state students on the West Lafayette campus. […]
The folks at Wishard Memorial Hospital have tough jobs. They care for the indigent, patch up more than their
share of gunshot wounds, and pay for most of it by billing government insurance programs, which arenâ??t
known
for lucrative reimbursements.
Ancient,…
Indiana’s higher education commissioner is urging college students and their parents to attend public meetings about next year’s tuition rates. Colleges and universities hold public meetings on proposed tuition rates before their boards vote on the final numbers. Higher Education Commissioner Teresa Lubbers says the meetings are a chance for parents and students to tell […]
Brightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.
City officials are considering several proposals to modernize and even privatize the city’s roughly 4,000
parking meters to squeeze out more revenue.
IBJ reporter Kathleen McLaughlin guest blogs today.
If our report last week about federal stimulus money for the arts piqued your interest, we have an update this morning from the Indiana Arts Commission. See the list below for details on who…
Indianapolis-based Fortune Industries Inc. managed a small profit in its fiscal third quarter – its third straight profitable quarter, the company announced this morning. Profit for the period ended May 31 rose to $318,000 compared to a loss of $2.9 million in the same quarter a year ago. Revenue fell to $15.4 million from $40.2 […]
Indianapolis-based Fortune Industries Inc. managed a small profit in its third quarter and now has turned a profit in each
of its last three quarters, the company announced this morning.
