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40 results for 'new-2'

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Anatomy of a Super vote

May 22, 2008

If you’re wondering how the voting action went behind closed doors for the 2012 Super Bowl site Tuesday in Atlanta, this is what several team owners and executives told IBJ.

Indianapolis, followed by Phoenix, then Houston made separate 15-minute pitches. Only four…

Hospital loses appeal for higher reimbursements

May 22, 2008

The federal government has rebuffed an attempt by Ball Memorial Hospital in Muncie to pay higher reimbursements for the Medicaid and Medicare patients it serves. Ball Memorial, which lost $7 million on the patients last year, is reimbursed 86 cents for every dollar of the costs. Many other hospitals in the state receive 96 cents, […]

Hubbard blasts Florida over oil

May 22, 2008

Al Hubbard, the Indianapolis businessman who stepped down last year as director of President Bushâ??s National
Economic Council, is quoted in a recent Barronâ??s column as hammering Floridians and others living along U.S.
coasts for squeezing the tourniquet on additional…

Kite pitches Pan Am plan

May 21, 2008

As promised, here is a siteplan from Kite Realty Group Trust that shows its preliminary plan to redevelop Pan Am Plaza. The plan shows seven restaurant, retail or…

Labor storm could hurt Super Bowl

May 21, 2008

There’s a dark cloud hovering over Indianapolis’ selection by National Football League owners to host the 2012 Super Bowl.

The roar that raced from Atlanta where the decision was made Tuesday to Indianapolis almost…

Simon prepared for acquisitions, exec says

May 21, 2008

Indianapolis-based Simon Property Group Inc. has access to $3.5 billion in credit as it anticipates snapping up shopping malls, according to Bloomberg. Chief Financial Officer Steve Sterrett told Bloomberg that the $1.5 billion of bond positions the company sold last week was used to pay down debt. The resulting improvement to Simon’s balance sheet positions […]

Eastgate mall acquisition closes

May 21, 2008

Lifeline Data Centers LLC said yesterday that its acquisition of Eastgate Consumer Mall has closed. The Indianapolis company announced in December that it would spend $23 million to transform the 370,000-square-foot mall at East Washington Street and Shadeland Avenue into a high-tech hub for hosting a data-storage operation. Common areas of the mall will not […]

Protestors show up for WellPoint meeting

May 21, 2008

A depressed stock price and a protest brought a bigger-than-usual crowd to WellPoint Inc.’s annual shareholder meeting this morning. About 80 people filled a conference room at WellPoint’s headquarters on Indianapolis’ Monument Circle. After the meeting, WellPoint CEO Angela Braly answered questions from five shareholders, many of whom cited the 30-percent drop in share price […]

Lechleiter puts reorganization stamp on Lilly

May 21, 2008

In his second month as president of Eli Lilly and Co., John Lechleiter has ordered a reorganization to streamline the Indianapolis pharmaceutical maker. The changes will eliminate management layers and clarify roles and responsibilities in order to speed decision-making, Lechleiter said in a statement. Lilly spokesman Phil Belt the reorganization will result in few, if […]

Library suit defendants settle for $1.2M

May 21, 2008

Two defendants blamed for errors in the Central Library expansion project have agreed to pay the Indianapolis-Marion County Public Library $1.27 million. Patriot Engineering and Environmental Inc. and The Rosk Group Inc., both locally based, agreed to a settlement May 15 after participating in a series of court-ordered mediations, the library announced this morning. Both […]

Could Super Bowl lift projects?

May 21, 2008

News of Indy’s successful bid for the 2012 Super Bowl spread quickly among Hoosiers here in Las Vegas. Already, the selection has become a part of sales…

UPDATE: Indy fended off surging bowl competitors

May 21, 2008

ATLANTA – A surprise boost in the quality of Phoenix’s bid for the 2012 Super Bowl nearly up-ended what had been expected to be a reasonably easy catch by Indianapolis at the NFL team owners meeting yesterday. Owners hesitate to discuss the vote, which eliminated Houston’s bid early and finally handed the event to Indianapolis […]

Beyond ‘Dancing with the Stars’

May 21, 2008

So TV’s “Dancing with the Stars” has another winner.

Hooray.

I caught some of the finals last night without having seen the rest of the series. And having been to Dance Kaleidoscope’s season ending performance Sunday, I’m curious as to whether the huge…

Bowl reaction from elsewhere

May 21, 2008

Many a back was slapped in Indianapolis and among the Indy troops in Atlanta yesterday when the NFL team
owners opted for Indianapolis over Phoenix and Houston to host the 2012 Super Bowl.

Elsewhere, though, the reaction was mixed.

The Arizona Republic…

Indianapolis lands Super Bowl

May 21, 2008

ATLANTA - NFL owners have chosen Indianapolis to host the 2012 Super Bowl. The 32 team owners meeting here today picked Indianapolis over Houston and Phoenix, which hosted the 2004 and 2008 Super Bowls, respectively. Indianapolis officials had gone to great lengths to secure the 25,000 hotel rooms required by league bid specifications. They also hammered […]

Former foe backs Indy’s Super bid

May 20, 2008

Super Bowl site selections can create odd alliances among the 32 wealthy fellows casting the votes. The man who last year single-handedly dismantled Indianapolis’ bid to host the 2011 game came this year to the Circle City’s defense.

With Indianapolis embroiled…

UPDATE: Arsenal project was key to bowl vote

May 20, 2008

ATLANTA – National Football League Commissioner Roger Goodell came to the podium this afternoon to tell the 32 team owners that Indianapolis had won the right to host the 2012 Super Bowl. But at the last minute, an assistant pulled him back and told him Indy hadn’t received the three-fourths majority support from the owners […]

Siteplan sleuthing in Las Vegas

May 20, 2008

Hundreds of developers are circulating thousands of siteplans from more than 2 million square feet of exhibition space at the International Council of Shopping Centers convention in Las Vegas. The pitches include dozens…

Investor blasts Baldwin & Lyons’ strategy

May 20, 2008

A New York-based investment firm today said that locally based insurer Baldwin & Lyons Inc. is wildly overcapitalized and encouraged the company to use its surplus to make a large dividend to shareholders. Loeb Partners, which owns 5.4 percent of the trucking insurer’s Class B stock, estimated that the company has $22 million in excess […]

UPDATE: Indy won bowl bid on fourth ballot

May 20, 2008

It took four ballots for Indianapolis to persuade NFL owners to award the city the 2012 Super Bowl. The result means Indianapolis received less than 75 percent of the votes from the 32 team owners. Phoenix came in second, and the other contender, Houston, was third. Phoenix and Houston hosted the 2008 and 2004 Super […]

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