ITT student-loan bet stings Lilly’s credit union
A default-prone portfolio of loans to ITT Educational Services students has come back to haunt Eli Lilly Federal Credit Union, a full-service but otherwise conservative institution.
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A default-prone portfolio of loans to ITT Educational Services students has come back to haunt Eli Lilly Federal Credit Union, a full-service but otherwise conservative institution.
Julia Vaughn’s [April 21 Forefront column] has added credence evidenced by the “Turner’s new play” piece in the April 21 edition.
Greg Andrews’ [April 14] column “Kokomo, like Indy, trying to sway suburbanites to move in” mentions mayors of Kokomo and Indianapolis wanting to convince north side suburbanites to move to their respective cities to increase their tax bases. Both mayors stressed the need to make their communities more desirable as places to live, not just work.
State Sen. Brandt Hershman, key sponsor of the reduction in state corporate and bank taxes, is still insisting that more business tax cuts are the way to prosperity.
In Plessy vs. Ferguson, decided in 1896, the U.S. Supreme Court held it constitutional for states to discriminate on the basis of race, pronouncing the now-discredited notion that “separate but equal” comported with the Fourteenth Amendment’s guarantee of “equal protection of the laws.”
Indianapolis ranked 34th in bicycle commuting and 35th in walking to work, according to the Alliance for Biking and Walking’s 2014 Benchmarking Report, which collected and analyzed data from all 50 states and the 52 most-populous cities.
The Finish Line Inc.’s 48-store specialty running chain has been stuck in neutral and unable to grind out a profit since its inception three years ago. But the Indianapolis-based athletics retailer thinks its Running Specialty Group is poised at least to break even this year after reporting small losses every year since 2011.
“We don’t serve teens” is underwritten by the Wine & Spirit Distributors of Indiana, Indiana Association of Beverage Retailers, Indiana Licensed Beverage Association, Indiana’s Budweiser Wholesalers and the Indiana Restaurant & Lodging Association.
The ABC affiliate has been on a roll since new owner E.W. Scripps began making desperately needed investments in news and other operations. Scripps bought WRTV and eight other McGraw Hill stations in 2011.
Indianapolis startup Loxa Beauty was barely generating revenue last year when one of the biggest companies in its industry offered to buy it.
Next year, after Lilly completes its $5.4 billion acquisition of Novartis Animal Health, Elanco will contribute 17 percent of revenue—or one out of every six dollars flowing into Lilly’s coffers.
Numbers surge after elimination of state-specific test; impact on competition, borrowers remains to be seen
Indianapolis-based Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls, outlet centers and community shopping centers.
Indianapolis hospitals have begun to offer joint replacement surgeries to employers and insurers using “bundled prices.” That means, instead of billing piecemeal for each individual service and supply, the hospitals wrap everything needed from just before to just after surgery into a package deal.
Slow and steady wins the race” is a value-investing mind-set that’s also applicable to building an NFL roster. Choose overlooked or undervalued prospects, not the Heisman Trophy winner or Twitter.
If we separate people into two groups by age, education, gender, race, occupation or almost any other factor, their average wages differ in some way. But this sort of comparison doesn’t tell us much. If we use statistical methods that account for multiple characteristics, wage differences for most factors disappear.
The average rate for 30-year mortgages rose from 4.43 percent to 4.48 percent in the week ended April 24, according to Bankrate.com. The rate for 15-year mortgages rose from 3.48 percent to 3.54 percent.
The nation’s largest gun-rights group, which officially opens its convention of about 70,000 people Friday in Indianapolis, wants Congress to require that concealed weapons permits issued in one state be recognized everywhere, even when the local requirements differ.
-Big Lots leased 41,228 square feet at Southtown Center, 4358 S. Scatterfield Road, Anderson. The tenant was represented by Robert Matias and Jake Fiorino of Equity. The landlord, CSN LLC, was represented by Scott Gray of Sitehawk Retail Real Estate.
-DSI NW Indy Renal Center leased 5,600 square feet of industrial space at 6000-6488 Corporate Way. The tenant was represented by Kevin Smith of Avison Young. The landlord, GI Partners, was represented by Russ Van Til and Bryan Poynter of Cassidy Turley.
-Off the Hanger leased 4,961 square feet at Southport Centre, 7259 U.S. 31 South. The landlord, Southport Centre LLC, was represented by Dean Almas and Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Indianapolis Concrete Inc. leased 3,652 square feet of industrial space at 5333-5367 W. 86th St. The tenant and landlord, Iron Point Titan Asset Management LLC, were represented by Bryan Poynter of Cassidy Turley.
-Vocational College of the Arts leased 3,500 square feet of retail space at Sunnyside Village Shoppes, 10830 Pendleton Pike. The tenant and landlord, Sunnyside Realty Investors LLC, were represented by Creighton Shook and Luke Householder of Coldwell Banker Commercial Realty Services.
-Graeter’s Ice Cream leased 1,900 square feet at Fishers Marketplace, State Road 37 and 131st Street, Fishers. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Hoosier Que LLC, was represented by Don Feibel with Feibel Realty.
-Q Nails renewed its lease for 1,760 square feet of retail space at Sunnyside Village Shoppes, 10830 Pendleton Pike. The tenant and landlord, Sunnyside Realty Investors LLC, were represented by Creighton Shook and Luke Householder of Coldwell Banker Commercial Realty Services.
-Passione Pane Corp. leased 1,400 square feet at Sandstone Commons, 11640 Brooks School Road, Fishers. The tenant was represented by Andy Sandler of A.M. Sandler & Associates. The landlord, CPM III LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.