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CIB’s influence has grown with city’s sports scene

February 9, 2009

State lawmakers formed the Capital Improvement Board in 1965 to oversee construction of the city’s convention center.

FINANCIAL PROFILE

February 9, 2009

FINANCIAL PROFILE 2008 income: $16.2 million 2008 expenses: $16 million 2008 assets: $17.8 million 2009 projected income: $18 million 2009 projected expenses: $17.6 million Fiscal year begins: July 1

DINING: Taste of Tango delivers Argentinian food with little fanfare

February 9, 2009

The Taste of Tango offers Argentinean food in an elegant atmosphere in an old downtown building. Try the empanadas.

Airport tussle continues

February 9, 2009

The Indianapolis Airport Authority has fired back against a Hebron, Ky.-based contractor that alleged in a lawsuit last December
that the airport operator failed to pay in full on a $14.7 million contract to build aircraft parking spaces.

Unemployment data paints worrisome picture

February 9, 2009

The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.

EXECUTIVE COMPENSATION

February 9, 2009

EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Stephen Russell $2,108,148 $638,258 $1,103,656 $46,234 148% chairman, CEO $320,000 Paul Will $992,211 $248,000 $526,997 $17,214 193% vice chairman, CFO $200,000 Chris Hines $959,351 $239,883 $472,480 $66,988 N/A president, COO $180,000 Jonathan Russell $512,114 $207,142 $89,500 […]

Approach Xscape with an open mind

February 9, 2009

I’ll go to the new Xscape arcade with a more open mind, thanks to Lou Harry’s Jan. 26 piece about it.

MANAGEMENT

February 9, 2009

MANAGEMENT Helene Cross, president and CEO Dr. Timothy Kelly, medical director Cindy Leight, vice president and COO Barbara Elliott, chief financial officer Leesa Smith, director of marketing Sharon Baker, director of support services Rachelle Gardner, director of adolescent services Robin Parsons, director of adult services

IMA wins key grant for lab

February 9, 2009

The Indianapolis Museum of Art is one step closer to establishing its first conservation science lab, which Conservator-in-Charge David Miller said would put the IMA on par with museums in New York, Chicago and Boston—at least in terms of technology.

Celadon Group Inc.

February 9, 2009

Celadon Group Inc. Celadon Group Inc., 9503 E. 33rd St., Indianapolis, 46235, www.celadontrucking.com, is a trucking company that provides service between Canada, the United States and Mexico. For the quarter ended Dec. 31, the company reported net income of $1.7 million, or 8 cents per diluted share, on $119.7 million in revenue. That compares with […]

CIB failure isn’t an option

February 9, 2009

Creativity and transparency are required to fix the Capital Improvement Board’s financial woes.

MISSION

February 9, 2009

MISSION Fairbanks is focused on recovery from alcohol and other drug problems, serving as a resource to improve the well-being of individuals, families and communities by offering hope and support through its programs and services.

Cook splits device unit to focus on cancer products

February 9, 2009

Cook Medical has split its interventional devices business into two units, pulling its lesser known cancer products out from under the shadow of its heart products.

BANKRUPTCIES

February 9, 2009

BANKRUPTCIES Blown Away Hair Salon Inc., 17219 Mercantile Blvd., Noblesville, 46060. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Dalton’s Auto Body Inc., 8194 Black Oak Drive, Plainfield, 46168. Chapter 11 reorganization. Assets: n/a; liabilities: n/a.

Ice cream chain eyes Indy in nationwide expansion

February 9, 2009

The Baskin-Robbins ice cream chain hopes to add more than 50 franchise locations in the Indianapolis area.

NFP of NOTE: Fairbanks

February 9, 2009

Fairbanks is focused on recovery from alcohol and other drug problems, serving as a resource to improve the well-being
of individuals, families and communities by offering hope and support through its programs and services.

VALUE 2/2/09 11/29/07

February 9, 2009

VALUE 2/2/09 11/29/07 Shares of common stock outstanding 22.1 million 23.8 million Market value of one common share $7.73 $7.52 Market value of common stock $170.8 million $180.0 million

You-review-it Monday

February 9, 2009

For me, the last few days included an opening at the Phoenix, a world premiere with the Indianapolis Symphony Orchestra, and finally getting around to watching “Love Actually.”

How about your weekend? Did you take in any First Friday events? Catch “Durang-O-Rama” or “To…

Robots make inroads-WEB ONLY

February 7, 2009

In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system. If it works as advertised, it could signify the dawn of a robot-centric age for Indiana’s distribution industry-a niche that, according to fi gures from the Indiana Department of Workforce Development, employs […]

NSB Pic 020709-WEB ONLY

February 7, 2009

 

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