Investors brace for lean years from Lilly
In a new round of predictions this month, Wall Street analysts indicated they expect Eli Lilly and Co.’s revenue to fall next year and to remain below 2013 levels until 2020.
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Sales/acquisitions
-Fisher Realty Holdings LLC bought a 24,000-square-foot building at 10277 Leases Corner Court, Camby. The buyer was represented by Jason Alsup of RE/Max Centerstone. The seller, RC Properties I LLC, was represented by Steve Schaub and Brian Dell of Summit Realty Group.
-Transpacific Development Co. bought a new, 450,000-square-foot distribution building on 31 acres at 2450 Stanley Road, Plainfield. The buyer was represented by John Huguenard of Jones Lang LaSalle's Chicago office. The seller, Plainfield Project One LLC, an affiliate of VanTrust Real Estate LLC of Kansas City, Mo., was represented by Glenn Davis of Colliers International.
-Kids Go Round bought a 13,440-square-foot retail building at 2481 E. Main St., Plainfield. The buyer was represented by Bud Green of RE/Max Centerstone. The seller, Aldi (Indiana) LP, was represented by Jim Abel of Lee & Associates.
-BAC Local 4 Indiana/Kentucky bought a 21,090-square-foot industrial building at 8455 Moeller Road. The buyer was represented by Ted McClure of McClure Commercial & Industrial Real Estate. The seller, Bank of Indiana NA, was represented by Bill Brennan of Lee & Associates.
LOU’S VIEWS: Beef & Boards’ ‘Les Miz’ is ready for its close up
Experiencing the blockbuster from 12 feet from the stage, I appreciated it even more. And, no, I didn’t steal any bread from the buffet.
After stock zooms up, Internet bank aims higher
Shares of First Internet Bancorp have more than doubled since December, when founder and CEO David Becker boosted the visibility of the stock by announcing it was shifting from the over-the-counter market to NASDAQ.
Private equity investor CID seeking $150 million
CID Capital hopes to raise $150 million for its latest private equity fund in a market that has been tough on similar funds.
Buckingham Cos. nabs downtown Zionsville site
The prolific developer behind Indianapolis’ $155 million CityWay project is working on a plan to transform a key parcel in the heart of downtown Zionsville.
Could airport gambling idea take off?
Two gambling-industry lawyers see untapped potential in Indianapolis International Airport, which they argue is the ideal place to roll out wireless gambling technology and rake in revenue to support more nonstop flights, like the one United Airlines will launch in January to San Francisco.
Pacers land IEDC as court sponsor
The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.
Kim: Rising confidence should lift stocks and economy
The primary impact of confidence on the economy is simple. If people think the economic future will be good, they’ll spend and invest. Thus, things will be good.
Ratings surge after Buchman arrives at WTHR
The debut of popular meteorologist Angela Buchman at WTHR-TV Channel 13 last month coincides with its newscast ratings' soaring like a cumulonimbus cloud on a hot afternoon.
Hicks: Welcome this debate, even if it ain’t pretty
Voters’ expressing only anger and frustration over D.C. politics simply won’t do. It is intellectually lazy, cowardly and un-American to wish that everyone should settle their argument like this is a school playground.
Daniels admits judgment error in think tank speech
Purdue University President Mitch Daniels admitted Thursday he made an error in judgment by delivering a paid speech at a fundraiser for a conservative Minnesota think tank after promising to avoid partisan politics while at the helm of the university.
Shutdown talks heat up, but no resolution yet
President Barack Obama and congressional Republicans groped inconclusively Thursday for a compromise to end the 10-day-old partial government shutdown.
Colts’ Luck signs with tech startup selling skullcap that rates impact
Indianapolis Colts quarterback Andrew Luck got an equity stake to join the sports advisory board of MC10, a technology startup that released its first commercial product in July.
Chicago firm building spec warehouse in Plainfield
HSA Commercial Inc. plans to break ground later this month on the 220,000-square-foot building in the Gateway Business Park near Columbia Road and Ronald Reagan Parkway.
Stonegate snares less than expected in IPO
The Indianapolis firm debuted Thursday on the New York Stock Exchange at $16 per share, well below the anticipated range of $20 to $22. In total, Stonegate’s 7.1 million shares garnered $114 million.
IndyCar’s de Silvestro not getting props she deserves
Despite having one of the greatest seasons for a woman behind the wheel of an American open-wheel race car, the 25-year-old Swiss driver isn't getting much attention this year.
Former Simon executive faces fraud charge
Federal prosecutors in Pittsburgh have charged Mark Palombaro of Carmel with a single count of mail fraud in connection with a kickback scheme.
CIK Enterprises changes name, plans more growth
The Indianapolis-based marketing technology firm now calls itself Perq LLC after consolidating its three companies into one.