Duke Energy quarterly profit rises almost 15 percent
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
Home » Search
Search Results
66746 results for 'new'
To refine your search through our archives use our Advanced Search
UPDATE: Republic Airways loses $22M on fuel, maintenance
Indianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance costs.
Donation to spur community service at UIndy
The gift will fund the endowed faculty position of Distinguished Professor of Service Learning, a person whose job will including helping to spur more students perform community service work.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.6 percent for the week ended April 22, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.80 percent from 4.83 percent the previous week. The rate for 15-year mortgages decreased to 4.03 from 4.07 percent.
CNO Financial’s first-quarter profits surge 59 percent
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.
Construction
-Alt Construction has completed a 1,600-square-foot restaurant build-out for La Hacienda at 12237 N. Meridian St., Carmel.
-S&B Construction has been hired for an 11,500-square-foot renovation of Fresenius Medical Care at 1225 W. 86th St. The project is scheduled to be completed in August.
-TMG Construction Management Inc. has been hired to build a 3,081-square-foot New Balance Shoes store at 9893 N. Michigan Road, Carmel. The store is scheduled to be completed by May 31.
People
Lauren Kriner has joined Capitol Construction Services Inc. as director of business development.
Leases/leasing contracts
-National Expo Inc. leased 39,950 square feet at 2363 E. Perry Road in the Airwest Business Park. The tenant was represented by Ryan Kelly of Summit Realty Group. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley.
-James Allen Insurance leased 8,216 square feet at 11611 N. Meridian St., Carmel. The landlord, Zeller Realty Group, was represented by Tristan Glover of Zeller. The tenant represented itself.
-Clinical Architecture leased 5,405 square feet at 11611 N. Meridian St., Carmel. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Zeller Realty Group, was represented by Tristan Glover of Zeller.
-Community Spirits leased 4,800 square feet of retail space in Sherman Commons, 3709 E. Washington St. The tenant and landlord, Indy Management Group Inc., were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Kuaba Art Gallery leased the entire second floor, or 3,500 square feet, at the King Cole Building, 1 N. Meridian St. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, King Cole Investors, represented itself.
-RadioShack Corp. leased 3,110 square feet of office space at 8730 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Pearly White Smiles Family and Cosmetic Dentistry leased 3,083 square feet at Park Meridian at 96th and Meridian streets. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Landmark Properties Inc. represented itself.
-Commonwealth Brands leased 2,997 square feet at 8910 Purdue Road. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, Zeller Realty Group, was represented by Mark Vollbrecht of Zeller.
-Transformations at Pilates Studio LLC leased 2,228 square feet of retail space at 3958 E. 82nd St. The tenant was represented by Brad King of Colliers International. The landlord, Clearwater Crossing LP, was represented by John Beuoy of Broadbent Co. Inc.
-Zogurts LLC leased 1,600 square feet of retail space in Fall Creek Harbour, 10134 Brooks School Road, Fishers. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Gordon N. Stowe & Associates Inc. leased 1,553 square feet of office space at 8770 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
Sales/acquisitions
Canaan Real Estate LLC bought a 3,744-square-foot medical office building at 7750 S. Madison Ave. The purchase price was not disclosed. The seller, Smile LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The buyer represented itself.
FDA OKs new diabetes pill from Lilly, Boehringer
The Food and Drug Administration says it has approved a new diabetes pill from Boehringer Ingelheim and Eli Lilly for patients who can't control their blood sugar with older medicines.
Honda to cut production of new Civic, other models
Honda Motor Co. warned U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer because of parts shortages caused by Japan's earthquake.
Watchdog: State agency heads colluded on gas deal
Former Indiana Utility Regulatory Commission chief David Hardy and the state's then-finance director, Jennifer Alvey, improperly discussed the merits of a $6.9 billion contract the Indiana Finance Authority ultimately struck with operators of the Indiana Gasification plant proposed for Rockport, plant opponents alleged Monday.
School moving to vacant downtown building
A small private school that serves gifted and talented students intends to move to a downtown building that has been vacant since a daycare center moved out three years ago.
Indianapolis mayor challengers among primary hopefuls
Democrats will choose their candidate Tuesday to run against Indianapolis Republican Mayor Greg Ballard, while voters statewide pick nominees for city offices.
Economist: Expect boom in medical offices
Demand for medical office buildings is set to grow twice as fast as it was expected to in the next decade, thanks to the Patient Protection and Affordable Care Act.
Fee could feed $100M to hospitals
Indiana hospitals could pull in more than $100 million a year from the federal government under a new assessment fee included in the state’s 2011 budget bill.
Business groups say legislative session among best
Victories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and the weakening of an immigration bill that initially resembled a controversial Arizona law.
Campaign flier sparks controversy in Carmel
A campaign flier for a candidate challenging four-term incumbent Carmel Mayor James Brainard in Tuesday’s primary election is getting a strong reaction. Political mailers from mayoral candidate John Accetturo feature a photo of Brainard next to four reviled political figures: Moammar Gadhafi, Saddam Hussein, Hugo Chavez and Rod Blagojevich. The caption reads, “It’s time for him to go, too.” Accetturo stood by the piece even though it puts Brainard in the same company as murderous dictators. “He’s been in office way too long just like the others on that mailer,” Accetturo said. Brainard’s campaign consultant, Allen Sutherland, said, “The piece speaks for itself and we have no further comment.”
Man shot to death on northeast side
Indianapolis police are investigating a weekend shooting that killed a 21-year-old man. Police responded to a report of a person shot at the Phoenix Apartments near East 42nd Street and Shadeland Avenue about 3 a.m. Saturday. They found Michael Lacy in the grass with multiple gunshot wounds. Detectives say Lacy was visiting a friend when he was approached by a group of people and they started fighting.