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“Faust”

Feb 25-March 5

IU Musical Arts Center

The last time Tomer Zvulun stage-directed a new production of an opera at Indiana University was 2009’s storybook-designed “The Magic Flute,” which went on to a professional production by Atlanta Opera, and will soon be seen staged in Cincinnati and Austin, Texas.

For his latest production, Zvulun and the IU Opera design team are exploring the nostalgia and quest for youth in his reimagining of Charles Gounod’s “Faust.” The familiar tale of a deal with the devil is getting a bit of a twist as the hero not only becomes young again, but is taken back from 2010 to the 1930s.

For details on the production—and insight from Zvulun—click here. 

“Basile at Basile”

Feb. 24

Basile Opera Centre

You can read for yourself here how Frank Basile (the philanthropist) met Frank Basile (the opera singer). The important thing here is that the musical Frank will be in town to perform at the new venue named for our town’s Frank.

And he’s bringing his wife, Academy Award-winner Celeste Holm—the original Ado Annie in Broadway’s “Oklahoma!”—who will receive an honorary award from the Heartland Film Festival. Details on the unique Indianapolis Opera fundraising event here. 

“Hard Truths: The Art of Thornton Dial”

Feb. 25-Sept. 18
Indianapolis Museum of Art

A highlight of the 2008 Indianapolis International Film Festival was the documentary "Mr. Dial Has Something to Say." Now, two years later, the Indianapolis Museum of Art is showing us exactly what has been on Mr. Dial's artistic mind before and after he was discovered by the outsider art movement.

In the largest retrospective ever of Dial's work, more than 75 works by the self-taught contemporary artist will be featured. Included among the paintings, drawings and found-art assemblages are 25 works that have never been shown publicly before.

One piece will be sticking around after the show leaves: The IMA recently acquired Dial's "Don't Matter How Raggly the Flag, It Still Got to Tie Us Together" for its permanent collection. Details here.

IndyCar CEO: ‘I wouldn’t grade myself high’

With new board members from the series' funding arm, Hulman & Co., looking over his shoulder, time is running short for Randy Bernard to help the IndyCar Series increase attendance, TV ratings and turn a profit.

Casket maker plans $16.5M investment, 300 jobs

Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.

Language Training Center expands relationship with LPGA

The Indianapolis-based Language Training Center is now translating the letters of the professional golf association’s commissioner into multiple languages and providing live interpretation at association meetings.

WellPoint board declares 25-cent dividend

WellPoint Inc. became the latest health insurer to reward shareholders with a quarterly payout after piling up cash from a string of strong financial performances.

LEADING QUESTIONS: Real estate maven keeps swinging

LQ Litten watch videoHow does the owner of F.C. Tucker Co. rally the troops during the home-sales slump? How did his tour in Vietnam reset his course? Why is his desk always so clean? Talk to Jim Litten; he has answers.

Indiana Senate OKs contentious immigration bill

The Republican-ruled Senate voted 31-18 Tuesday for the bill, which contains penalties for businesses that hire illegal immigrants and allows police officers to ask someone for proof of immigration status if they have a reasonable suspicion the person is in the country illegally.

Company news

It’s no secret Wall Street analysts take a dim view of Eli Lilly and Co.’s future profit potential. Only two out of 22 analysts recommend buying the Indianapolis-based company’s stock. And here’s why: Lilly ranks last among nine pharmaceutical companies in pipeline sales potential by the year 2015, according to an analysis by Dr. Tim Anderson, a pharmaceutical analyst at Bernstein Research. Anderson adds up the five-year sales forecasts for all drugs under development by the nine drugmakers. Pharmaceutical journalist Jim Edwards noted that such predictions are notoriously unreliable, but it’s the best investors have to go on for predicting the pharma future. At the top of Anderson’s ranking is Switzerland-based Novartis AG, estimated to generate $4.5 billion in sales from pipeline drugs by 2015. Lilly brings up the rear with $1 billion in projected sales. Smack in the middle of the list is New York-based Bristol-Myers Squibb Co., which is roughly equal in size to Lilly and is projected to pull in $3.2 billion from pipeline drugs.

CNO Financial Group Inc. boosted its operating profits 62 percent in the fourth quarter, besting analysts’ estimates by 2 cents per share. The Carmel-based life and health insurer on Tuesday said it earned $168.2 million in the final three months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year. Most of the increase in the most recent quarter came from investment gains. Excluding those, as well as special accounting and debt charges, CNO had a quarterly operating profit of $51.7 million, or 18 cents per common share. On that same basis, Wall Street analysts were expecting the company to earn 16 cents per share, according to a survey by Thomson Reuters. A year ago, CNO’s operating profit was $32 million, or 15 cents per share. Revenue for the quarter rose nearly 2 percent to $1.08 billion. The main improvement came on policies that CNO still holds but is no longer actively selling. That division, called “Other CNO Business,” recorded a fourth-quarter profit of $6 million, compared with a nearly $30 million loss in the same quarter last year. That helped mask a drop in profit at CNO’s main Bankers Life unit, based in Chicago. It earned $71.4 million in the quarter, a fall of 16 percent.

UPDATE: CNO shares soar after quarterly profit rises

The Carmel-based life and health insurer, in an after-markets announcement, said it earned $168.2 million in the final three months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year.

People

Community Health Network appointed registered nurse Cindy Adams its chief nursing officer, overseeing 3,000 nurses. On Feb. 26, Adams will replace Jan Bingle, who is retiring after 27 years at Community. Adams holds degrees from Ball State and Indiana universities. She resides in Shelbyville.

Dr. Marc Overhage is leaving Indianapolis-based Indiana Health Information Exchange Inc. to become chief medical informatics officer of Siemens, a German company with its U.S. health services business unit based in Pennsylvania. Until earlier this year, Overhage was CEO of the exchange, but stepped down and was replaced by local software entrepreneur Harold Apple.

Dr. Isaac J. Myers II will become president of St. Francis Medical Group on Feb. 28. Myers was previously vice president of clinical and business integration at Wishard Health Services. From 1998 to 2006, Myers was vice president of medical affairs for Advantage Health Solutions, a health insurer in Indianapolis. A New York City native, Myers earned his medical degree from Wayne State School of Medicine and performed his residency in family medicine at Indiana University School of Medicine.

Dr. James L. Gahimer has established a practice with the newly created Center Grove Internal Medicine in Greenwood, which is part of the St. Francis Medical Group. Gahimer previously worked as a drug safety consultant with T.L. Care Corp in Beech Grove, and before that was a medical adviser in global product safety at Eli Lilly and Co.

Senate OKs parts of Daniels’ education agenda

The Republican-led Indiana Senate approved several key pieces of GOP Gov. Mitch Daniels' aggressive education agenda Tuesday, including a bill to limit teachers' collective bargaining rights and a bill linking teacher pay to student performance.

Franciscan’s electronic records rollout shows industry growth

Franciscan Alliance will spend more than $100 million over the next two years to install a common electronic medical record system at its 13 hospitals and more than 165 physician practices. It’s a sign of the growth of the health information technology industry in Indiana, which a new BioCrossroads report says generates $200 million a year in sales and is growing at 8 percent annually.

Lilly looks to double pipeline size again

Indianapolis-based Lilly is developing what it calls “The Mirror Portfolio,” which it expects to grow to 45 to 60 drugs in five years. This month, Lilly announced it had secured venture-capital funding for the first two drugs in this alternative pipeline.