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Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting […]
The crush of residential property foreclosures may be slowing, but local brokers say they’re expecting a wave of retail, office and industrial property defaults in the coming months. “We’ve only just started,” said John Robinson, a principle in the local office of Jones Lang LaSalle. Many of the foreclosures are expected to come in the […]
The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the $425 million project earlier this month….
The second annual Race Around the Reservoir, a half-marathon and 5-kilometer run scheduled for May 16 at Geist Reservoir, is sold out, organizers announced yesterday. This year’s Geist Half Marathon, which follows a 13.1-mile course around the reservoir, drew 3,500 entrants, up from 2,500 for last year’s inaugural race. The 5K run drew 2,500 entrants, […]
A former Indiana Teamsters boss and Anderson-area businessman has pleaded guilty to promoting professional gambling in an agreement that will allow him to avoid any additional time in jail. Seventy-one-year-old John L. Neal of Yorktown will serve 18 months on probation and will be credited with time served in federal custody for the same case. […]
It’s not just houses that are going cheap right now. So are tickets to some of Indy’s prime arts events.
–At the Indianapolis Opera site, you can land a 50% discount on tickets to this weekend’s epic collaboration between IO and…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Noble Roman’s Inc. yesterday reported profit of $416,761, or 2 cents per share, in the first quarter, a 30-percent increase over the same period a year ago. The Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs […]
The former treasurer of a central Indiana Humane Society chapter has pleaded guilty to stealing more than $65,000 from the organization. Fifty-nine-year-old Sherri L. Sullivan of Anderson pleaded guilty today in Madison Superior Court to three counts of forgery and four counts of theft. Board members for the Madison County Humane Society contacted police in […]
Normal 0 false false false MicrosoftInternetExplorer4 Illinois-based Allstate Insurance Co. is working to recruit 55 new agency owners in Indiana by the end of 2010, the company said today. If successful, the recruitment push would boost Allstate’s Hoosier agent force by 25 percent, to 273. Allstate agents sell automobile, homeowners and other kinds of property […]
The Horseshoe Casino in Hammond has been raking in record revenue for an Indiana casino, even as business is down at most of the state’s 10 other full casinos. State records show the casino had gambling revenue of $49.2 million in April, down slightly from March but a big jump from its $40.5 million in […]
Manufacturing employment in Indiana has fallen 7.7 percent over the past year, according to the 2009 Indiana Manufacturers Directory, which is published annually by Manufacturers’ News Inc. of Evanston, Ill. MNI said Indiana lost 51,242 industrial jobs from March 2008 to March 2009 – the sharpest decline MNI ever has reported for the state. Indiana […]
Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago. For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. Profit a year ago was $23.3 million, […]
One man was critically injured early this morning during a shooting on the east side of Indianapolis. The 49-year-old victim was shot during an apparent robbery attempt while sitting in his car in the 3800 block of East Michigan Street. The bullet severed an artery in his leg, but the man still was able to […]
Firefighters and paramedics can be counted on to rush to your side in an emergency, but many are now charging for the service. More and more, fire departments will bill you anywhere from a hundred dollars to several thousand dollars after responding to a routine call for help. They’re even hiring collection agencies to go […]
A Lawrence man accused of killing his estranged wife, a mother of six, made his initial court appearance this morning. Michael Yang, 52, has maintained his innocence, saying he was with a co-worker last Wednesday when Amenda Yang was murdered. According to court documents, the co-worker did not confirm Yang’s alibi. Prosecutors expect to file […]
The price of a first-class postage stamp climbed 2 cents today, to 44 cents, and several other postal rates also rose. It’s the third straight year rates have gone up. Other increases that went into effect today: Postcard stamps rose 1 cent, to 28 cents; the first ounce of a large envelope rose 5 cents, […]
Shares of Conseco Inc. rose as much as 30 percent this morning after the company reported its first quarterly profit in three years. The Carmel-based owner of life and health insurance companies turned a profit of $24.5 million, or 13 cents per share, in the three months ended March 31. In the same quarter a […]
Columbus-based Irwin Financial Corp. said today it lost $94 million, or $3.07 per share, in the first quarter due to costs related to the company’s restructuring. The deficit compares with a loss of $22 million, or 77 cents per share, in the same period a year ago, but is less than the $104 million it […]
Normal 0 false false false MicrosoftInternetExplorer4 Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago. For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. […]
Indianapolis-based White River Capital Inc. said today that profit in the first quarter fell 65 percent compared with the same period last year due to tough economic conditions. White River is the holding company for a pair of subprime auto-loan firms: locally based Union Acceptance Co. LLC and Virginia Beach, Va.-based Coastal Credit LLC. The […]
