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First Indiana profit inches higher

Profit from continuing operations at First Indiana Corp. edged up 1.7 percent, to $6 million, in the first quarter. The parent of First Indiana Bank offered no explanation for the virtual stagnation. First Indiana is the largest publicly traded bank in the city.

Kosene pitches towers

A $130-million retail and residential complex with two towers on either side of Market Street is one of the proposals expected today for redevelopment of the Market Square Arena site. Proposals are due at noon.Chase... </p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7253" class="flex post-7253 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8146-american-commercial-lines-pushing-liquid-shipments" rel="bookmark">American Commercial Lines pushing liquid shipments.</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-18T14:05:00-04:00">April 18, 2007</time></span> </div> <div class="entry-summary"> <p>American Commercial Lines Inc. has opened a Houston office to try to drum up more business for its barges that ship ethanol, fertilizers and other liquids. As many as 20 workers will be redeployed from the company’s Jeffersonville headquarters to the Houston office, where they will be closer to refineries and other customers. Much of […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7276" class="flex post-7276 article type-article status-publish hentry authors-peter-schnitzler"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8169-indiana-venture-center-overhauls-angelnet" rel="bookmark">Indiana Venture Center overhauls AngelNet</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-18T13:46:00-04:00">April 18, 2007</time></span> </div> <div class="entry-summary"> <p>The Indiana Venture Center, an Indianapolis not-for-profit that mentors promising  startup companies, today announced it is overhauling Indiana AngelNet, its proprietary network of wealthy angel investors. The Venture Center has hired David Doyle, a financial services veteran who managed Inception LLC. Inception is a private venture fund and consulting company that reviews deals and advises […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-77669" class="flex post-77669 post type-post status-publish format-standard hentry category-property-lines-scott-olson topic-development-proposals topic-downtown topic-msa topic-real-estate authors-cory-schouten"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/property-lines-scott-olson/1193-msa-s-big-day" rel="bookmark">MSA’s big day</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-18T13:23:27-04:00">April 18, 2007</time></span> </div> <div class="entry-summary"> <p>Bids for redevelopment of the Market Square Arena site are due at noon today. Who will file? What will they propose? Share your thoughts here, and check ibj.com and this blog for updates all day.</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7175" class="flex post-7175 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8068-gregg-appliances-announces-plans-to-go-public" rel="bookmark">Gregg Appliances announces plans to go public</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-18T13:23:00-04:00">April 18, 2007</time></span> </div> <div class="entry-summary"> <p>Gregg Appliances Inc. said today it plans to launch its long-expected initial public offering. The Indianapolis-based appliance and electronics chain said in a Securities and Exchange Commission filing it hopes to raise at least $172.5 million. Other details, including timing of the offering, were not provided. The company operates stores in Indiana, Alabama, Kentucky, Ohio, […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7258" class="flex post-7258 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8151-officials-approve-disputed-industrial-park-near-honda-site" rel="bookmark">Officials approve disputed industrial park near Honda site</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-18T09:54:00-04:00">April 18, 2007</time></span> </div> <div class="entry-summary"> <p>Decatur County Commissioners have approved a 425-acre industrial park near the Honda Motor Co. assembly plant under construction at Greensburg. The decision Monday rebuffed an Area Plan Board recommendation in March against rezoning the area to industrial from agricultural, according to the Greensburg Daily News. The plan board opposed making the change after dozens of […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7281" class="flex post-7281 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8174-hill-rom-to-create-innovation-center-80-jobs" rel="bookmark">Hill Rom to create innovation center, 80 jobs</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T18:11:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>A global innovation center staffed with engineers and technicians will be opened in Batesville by Hill Rom, the health care division of Hillenbrand Industries Inc., the company said this afternoon. Hill Rom Innovation Center will be the company’s hub for international research and development teams designing medical equipment. Hill Rom received as much as $2 million […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7262" class="flex post-7262 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8155-interactive-intelligence-plans-40m-expansion" rel="bookmark">Interactive Intelligence plans $40M expansion</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T17:25:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>An expansion Interactive Intelligence Inc. committed to several years ago has been given a breath of new life. The northwest side software developer has started construction on a four-story building that will mirror its existing headquarters, according to Jeb Conrad, executive director of Indianapolis Economic Development. The $40 million expansion will add 637 employees to […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-77671" class="flex post-77671 post type-post status-publish format-standard hentry category-property-lines-scott-olson topic-indianapolis topic-real-estate authors-cory-schouten"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/property-lines-scott-olson/1194-update-on-canterbury-sale" rel="bookmark">Update on Canterbury sale</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T17:19:52-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Has anyone heard who might be interested in buying the Canterbury Hotel? IBJ reported this week that the owners of the 99-room property are negotiating to sell. You can read our story here. Sources are telling Property Lines…</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7193" class="flex post-7193 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8086-steel-dynamics-interested-in-buying-illinois-pipemaker" rel="bookmark">Steel Dynamics interested in buying Illinois pipemaker</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T16:44:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Steel Dynamics Inc. CEO Keith Busse said today that it is considering whether to make an offer for Lisle, Ill.-based Ipsco Inc., which makes steel pipe for the energy industry. Also showing interest in Ipsco are Evraz Group SA of Russia, according to Bloomberg.</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7298" class="flex post-7298 article type-article status-publish hentry authors-michael-w"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8191-second-barnes-thornburg-lobbyist-resigns" rel="bookmark">Second Barnes & Thornburg lobbyist resigns</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T16:08:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Indianapolis-based Barnes & Thornburg has lost a second of its lobbyists linked to a congressional bribery and corruption scandal surrounding jailed lobbyist Jack Abramoff.   Kevin A. Ring resigned Friday from the Washington, D.C., office, managing partner Alan Levin said. The move came more than a year after another lobbyist, Neil Volz, severed his ties […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7195" class="flex post-7195 article type-article status-publish hentry authors-chris-omalley"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8088-indianapolis-loses-coveted-bond-rating" rel="bookmark">Indianapolis loses coveted bond rating</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T16:05:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Moody’s Investors Service today downgraded the city’s financial rating, citing "significant challenges funding its public safety, justice and other social service functions." The city’s underlying general obligation rating was bumped down to Aa1 with a stable outlook, from AAA with a negative outlook. The rating involves $289 million of outstanding debt. The New York ratings […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7217" class="flex post-7217 article type-article status-publish hentry authors-peter-schnitzler"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8110-tech-guru-jones-announces-robot-lawnmower-startup" rel="bookmark">Tech guru Jones announces robot lawnmower startup</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T15:45:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>In October, 2005, Scott Jones’ robot-driven Jeep Rubicon crashed at the start of its first major competition. But the setback didn’t deter the entrepreneur. Jones announced today that he has formed a Camel-based company, Precise Path Robotics Inc., to commercialize his automatic pilot technology for use mowing grass on golf courses. Eventually, the company’s computerized […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7269" class="flex post-7269 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8162-incentives-for-movie-makers-moving-through-house" rel="bookmark">Incentives for movie makers moving through House</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T14:34:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>The House votes today whether to send to the governor a bill with tax incentives for film productions. House Bill 1388 would give companies a tax credit equal to 15 percent of production costs for most film, music and commercials produced in the state if their budgets exceed certain thresholds. Fiscal analysts predict the measure […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7304" class="flex post-7304 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8197-terre-haute-lands-entrepreneurship-program" rel="bookmark">Terre Haute lands entrepreneurship program</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T14:15:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Indiana State University, Rose-Hulman Institute of Technology, the city of Terre Haute and the city’s economic development organization are formalizing their attempts to create jobs in the western Indiana city. This morning, the parties plan to roll out Terre Haute Innovation Alliance to encourage college students to start businesses and help existing businesses expand. The […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-77666" class="flex post-77666 post type-post status-publish format-standard hentry category-property-lines-scott-olson topic-indianapolis topic-real-estate authors-cory-schouten"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/property-lines-scott-olson/1192-good-morning" rel="bookmark">Good morning</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T13:51:19-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>We’ve officially launched IBJ’s first blog. As you can see, it’s called Property Lines. The topic is real estate. The idea is to create a forum for real estate enthusiasts. I hope you’ll help me make that happen, by sending…</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7244" class="flex post-7244 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8137-steel-dynamics-sees-profit-surge-reorganizes-execs" rel="bookmark">Steel Dynamics sees profit surge, reorganizes execs.</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T13:08:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Fort Wayne-based Steel Dynamics Inc. said first-quarter profit shot up 34 percent, to $102 million, on strength across its units. The steelmaker, which operates a recycling mill west of Indianapolis at Pittsboro, also said President and CEO Keith Busse will become chairman and CEO on May 1. Two executive vice presidents will report to Busse—one […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7278" class="flex post-7278 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8171-two-economic-development-announcements-set-for-today" rel="bookmark">Two economic development announcements set for today</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T09:52:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>This afternoon, Gov. Mitch Daniels is scheduled to be in Batesville at Hill-Rom Inc. headquarters for an economic development announcement. Daniels’ office hasn’t released details. This morning, officials in Terre Haute will announce a plan to generate jobs and keep more graduates of Indiana State University and Rose-Hulman Institute of Technology in the area after […]</p> </div> </div> <div class="thumbnail"> </div> </article> <article id="post-7181" class="flex post-7181 article type-article status-publish hentry authors-ibj-staff"> <div class="article-meta"> <h2 class="entry-title"><a href="https://www.ibj.com/articles/8074-analysts-dropping-coverage-of-newspaper-stocks" rel="bookmark">Analysts dropping coverage of newspaper stocks</a></h2> <div class="entry-meta"> <span class="posted-on"><time class="entry-date published updated" datetime="2007-04-17T00:39:00-04:00">April 17, 2007</time></span> </div> <div class="entry-summary"> <p>Analysts who follow newspaper stocks are dropping their coverage because investor interest in the industry has shriveled. Citing the circulation trend, one Goldman Sachs Group Inc. analyst compared himself to the Maytag repairman no one wants to call, according to Bloomberg. Others are following different industries or pursuing new careers. Long-time analyst John Morton wrote […]</p> </div> </div> <div class="thumbnail"> </div> </article> <div class="text-center p-3"> <div class="pagination"> <a class="prev page-numbers" href="https://www.ibj.com/search/articles/?paged=5124&q=author%3A%28Rebecca+AND+Baer%29">« Previous</a> <a aria-label="Page 1" class="page-numbers" href="https://www.ibj.com/search/articles/?q=author%3A%28Rebecca+AND+Baer%29">1</a> <span class="page-numbers dots">…</span> <a aria-label="Page 5,123" class="page-numbers" href="https://www.ibj.com/search/articles/?paged=5123&q=author%3A%28Rebecca+AND+Baer%29">5,123</a> <a aria-label="Page 5,124" class="page-numbers" href="https://www.ibj.com/search/articles/?paged=5124&q=author%3A%28Rebecca+AND+Baer%29">5,124</a> <span aria-label="Page 5,125" aria-current="page" class="page-numbers current">5,125</span> <a aria-label="Page 5,126" class="page-numbers" href="https://www.ibj.com/search/articles/?paged=5126&q=author%3A%28Rebecca+AND+Baer%29">5,126</a> <a aria-label="Page 5,127" class="page-numbers" href="https://www.ibj.com/search/articles/?paged=5127&q=author%3A%28Rebecca+AND+Baer%29">5,127</a> <span class="page-numbers dots">…</span> <a aria-label="Page 5,304" class="page-numbers" href="https://www.ibj.com/search/articles/?paged=5304&q=author%3A%28Rebecca+AND+Baer%29">5,304</a> <a class="next page-numbers" href="https://www.ibj.com/search/articles/?paged=5126&q=author%3A%28Rebecca+AND+Baer%29">Next »</a> </div> </div> </div> <aside id="secondary" class="right-rail flex flex-col items-center"> <section class="ad-placement" id="adbutler-Right2"></section> <section class="ad-placement" id="adbutler-x82"></section> <section class="ad-placement" id="adbutler-x91"></section> <section class="this-weeks-paper style-v2"> <h3>This Week</h3> <div class="this-weeks-paper-container"> <h4> MARCH 20-26, 2026 </h4> <div class="cover"> <a href="/latest-publication?utm_source=ibj&utm_medium=publication-right-rail"> <img src="https://issues.ibj.com/ibj/issues/2026/03/20/files/pages/smartphone/1.jpg?1774112902" alt="This week

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Nominations

IBJ will honor Indiana nonprofits, foundations, organization leaders, businesses who work with nonprofits and philanthropists at the inaugural Nonprofit Excellence Awards presented by KSM CPA & Advisors.

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