3Mass taking shape
The luxury condo and retail project called 3 Mass is taking shape as sales pick up speed. Buyers have snapped up 26 of the 44 units, including $8 million in sales in September and October, said Todd Maurer of lead…
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Assessor referendum sweeps Marion townships
Voters in eight Marion County townships overwhelmingly opted to consolidate duties of their local assessors and transfer the duties to the county assessor. Warren Township had the lowest affirmative count, 57 percent, while Washington had the highest, 70 percent. Results of the referendum question, “Should the assessing duties of the elected township assessor in the […]
Brightpoint profit falls, but meets expectations
Wireless phone distributor Brightpoint Inc. eked out third-quarter earnings of $5.5 million – in line with analysts’ expectations but off 58 percent from a year earlier. On a per-share basis, profit was 6 cents a share – matching the average estimate of five analysts who track the company. Revenue in the quarter totaled $1.2 billion, […]
Long-time Republican calls for renewed focus
Millions of people around the globe were thrilled by Democrat Barack Obama’s election victory last night. This morning, they anticipated a bright new political era of hope and inclusion. But millions of others harbored deep concerns about the president-elect. P.E. MacAllister, chairman of locally based MacAllister Machinery, was among those who consider last night’s national […]
Kite reports earnings this afternoon
Locally based Kite Realty Group Trust will report its third quarter earnings after the stock market closes this afternoon. The developer has seen its shares flounder as investors predict a slow holiday shopping season will hurt retail real estate firms. Shares dropped as low as $4.21 in recent weeks but fetched more than $6 this […]
Indiana House may tilt to Democrats
Indiana Manufacturers Association CEO Pat Kiely spent last evening at the governor’s residence until 1 a.m. The mood was celebratory, he said, but Gov. Mitch Daniels didn’t spend much time on revelry. Instead, he worked the phones, making calls around the state to learn whether key seats in the Indiana House of Representatives had swung […]
Miller Pipeline makes another acquisition
Indianapolis-based Miller Pipeline Corp. has made its second acquisition since June, this time snagging Dover Contracting Inc. Headquartered in its namesake town in Ohio, Dover is an underground pipe contractor, and has 50 employees. The company serves gas utilities in Ohio, Pennsylvania, Kentucky and West Virginia. Miller is owned by Evansville-based electricity and natural gas […]
Cultural two-fers
One of the more convenient excuses given for not going to cultural events is the cost.
Well, with the 25th anniversary Zoobook now in release, that excuse has once again been mitigated.
Yes, I know that there are those of you…
Pacers launch mouthy promo
I’ve said it before, but you have to give the Indiana Pacers sales and marketing department props for creativity. Today, the Pacers launched their “Teeth for Tickets” promotion, in honor of forward Danny…
Biz leaders encouraged by Indiana elections
Republican Gov. Mitch Daniels’ landslide re-election, despite the national Democratic tide, buoys central Indiana business leaders’ expectations of success on key issues. Those issues include installation of constitutional caps on property taxes and comprehensive local government reform. Greater Indianapolis Chamber of Commerce President Roland Dorson said Hoosiers overcame their resistance to the more controversial aspects […]
Report: Richmond may land 300 jobs
A Dayton, Ohio, television station is reporting that a company that helps home-school parents develop curriculum has narrowed its choice for a relocation to the eastern Indiana city of Richmond or a city in Iowa. WHIO-TV Channel 7 didn’t identify the company or its source of the report. However, the station said the company would […]
Obama, Daniels and Indiana
Change agents Barack Obama and Mitch Daniels won over Hoosiers yesterday, but from different ends of the
political spectrum.
Barack Obama took the state after a campaign in which he promised to increase regulations on business, raise
taxes on…
BREAKING: Daniels tops Thompson for governor
Republican Gov. Mitch Daniels will be staying in the Statehouse for a second term. The Associated Press declared Daniels, a former Eli Lilly and Co. executive, the winner over Democrat Jill Long Thompson at 7:05 p.m. Thompson, a former U.S. representative from northern Indiana, was running close to Daniels as of this summer, but polls shows […]
Car dealer loans throw Heartland for loss
Heartland Bancshares Inc. said today it lost $323,000 in the third quarter because it set aside additional reserves in anticipation of two used car lots’ not repaying their loans. The Franklin-based parent of Heartland Community Bank said it increased its loan loss provision to $1.1 million from $60,000 in the same quarter last year. Without […]
The Property Lines vote
To keep this post topical, I’ll start with a link to this week’s Real Estate Weekly. The news has been slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real…
Colts lack QB insurance
Watching the Dallas Cowboys struggle recently under the leadership of back up quarterback Brad Johnson and the Pittsburgh Steelers flourish behind second-stringer Byron Leftwich during the second half of their game last night has…
Byetta approval may be delayed
Eli Lilly and Co. could face a delay on the highly anticipated weekly version of its diabetes drug, Byetta. Data for a once-weekly version of Byetta did not adequately show that batches of commercially manufactured Byetta were comparable with batches manufactured earlier for use in clinical trials. That’s what the U.S. Food and Drug Administration […]
Engine makers await IRL specs
While most Hoosiers are headed for the polls this election day, Indy Racing League teams and officials are headed to Las Vegas for their post-season banquet at The Palms Casino Resort tomorrow.
Word coming from series officials as they get ready to…
There’s gotta be a better way
We live in the country that invented the light bulb, put a man on the moon and cracked the human genome,
but weâ??re still standing in line to vote.
Election Day is evolving into Election Month as more people make decisions…