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Indianapolis-based Eli Lilly and Co. said today that it has closed its acquisition of ImClone Systems Inc., a New York-based developer of cancer drugs. Lilly paid $70 in cash for each share of ImClone in a deal worth about $6.3 billion. Lilly outbid New York rival Bristol-Myers Squibb Co., but analysts question whether Lilly will […]
Wealthy people are getting more advice from hired professionals and less from not-for-profit personnel and peers when making decisions about charitable giving, a new study shows. Accountants were a leading source of advice for 43.2 percent of respondents, according to preliminary results of the study, which was conducted by the Center on Philanthropy at Indiana […]
I won’t debate who the Indianapolis Colts’ most valuable player is this season. There are perhaps more qualified people for that speculative sport. But I will tell you who the Colts’ best value…
Several layoffs have been announced in the past few days, according to Indiana media outlets and notices filed with the state. -Bluegreen Corp. of Boca Raton, Fla., is closing its Indianapolis office by Jan. 20, tossing 92 out of work. The company markets vacation time-share arrangements. -MI Windows & Doors Inc. shuttered its plant in […]
The corporate name change to ‘That’s Good HR’ strengthens the identity of staffing firm.
Jim Rosenstihl, an Indiana Basketball Hall of Fame coch, and Jim Limp, a retired Eli Lilly employee, together exemplified
an undying, unyielding, unrelenting friendship.
As we hunker down and try to fend for ourselves during this difficult economy, don’t forget to support those who are even
less fortunate and
have been hit even harder than we have.
Founded in 1983, Faerber’s Bee Window’s main product — windows — has changed dramatically, as has almost every aspect
of
its business, from manufacturing to marketing.
Indiana’s public pensions lost $5 billion in the 12 months ending Sept. 30.
In the wake of the 2008 election, State Sen. Luke Kenley, R-Noblesville, has been promoted. to chairman of the powerful Senate
Appropriations Committee, which oversees the state budget.
Despite its annual appearance for many years during the holidays, “A Christmas Carol” continues to be produced creatively
by fine actors, directors and designers at the Indiana Repertory Theatre.
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
LOAN APPROVALS SBA loans SBA loan guarantees for the month of October. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. 2 Indy Monkeys LLC, 5661 E. 86th St., Indianapolis, $300,000 from National City Bank. Ambrose Property […]
CORRECTION The name of Sisters of St. Francis Health Services Inc. was incorrect in a page 1 story last week. Also, one of the two hospitals operated by Cardinal Health System is in Hartford City in Blackford County. The location of the hospital was unclear in the same story.
Little Rox offers 20 varieties of rocks, each tied to a character trait such as humility, honesty and tolerance, and sell
online for $15 each.
BANKRUPTCIES Indiana Pipework Inc., 7845 S. Indianapolis Road, Zionsville, 46077. Chapter 11 reorganization. Assets: $1,291,486; liabilities: $2,390,610. New Wave Communications Inc., 231 Commerce Park Drive, Franklin, 46131. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Founder’s Plaza LLC, 3333 Founder’s Road, 46268. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Carter Enterprises Inc., P.O. Box 583, Arcadia, […]
A rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
Thanks to a $25,000 contribution from Beck’s Hybrids, Habitat for Humanity of Hamilton County was able to purchase land and
build its 50th home this year.
The Center on Philanthropy at Indiana University found in a recent study of more than 4,840 charitable gifts worth $1 million
or more that self-made wealthy people gave the most —
often to nonprofits that rarely receive such large gifts.
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
