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Zimmer Holdings quarterly profit rises 2 percent

Warsaw-based orthopedic implant maker Zimmer Holdings Inc. said Thursday its first-quarter profit rose 2 percent on higher sales of reconstructive, dental and other products.

PROXY CORNER: Endocyte Inc.

West Lafayette-based Endocyte Inc. is a biopharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases.

Rethinking Monument Circle in Indianapolis

IBJ gathered advice from local and national experts about what should be done to improve the city’s most prominent public space and where Indianapolis should look for inspiration.

Clarification:

An Internal Revenue Service agent investigating David Marsh works for the agency’s civil division, according to a filing by his attorney, Linda Cooley, on Wednesday. The new document corrects an earlier filing by Cooley that said the agent worked for the criminal division. While Cooley says she does not know whether the IRS is conducting a criminal investigation of David, the new filing reiterates that the agent made certain implications related to his “potential civil and/or criminal tax liabilities.” IBJ.com reported on the IRS inquiry Tuesday. That story has been revised to reflect the new information.

Manning admits cheating on NFL concussion tests

Indianapolis Colts quarterback Peyton Manning admitted Wednesday to intentionally scoring low on the NFL’s baseline concussion tests. Manning, in comments to ESPN, said he tries to score low so that he'll be able to stay in a game when he takes the test again after being injured. Several other NFL players said they also purposely try to perform poorly on the test so they won't be benched. "After a concussion, you take the same test and if you do worse than you did on the first test, you can't play,” Manning said. “So I just try to do badly on the first test."
 

Officer injured in east-side chase

An Indianapolis police officer was injured in a car chase at about 8 p.m. Wednesday on the city's east side. Police chased a reportedly stolen 2006 Dodge Charger down East 10th Street to Denny Street and then north to an alley, where it crashed into another police car. The officer sustained injuries to both legs and was transferred to Methodist Hospital in stable condition. During the chase, a female passenger either jumped or was pushed from the car and suffered minor injuries. Police arrested John Marshall, 21, on counts including criminal confinement.
 

Storms cause area power outages

Overnight storms knocked out power to hundreds of central Indiana residents, downed trees and caused numerous incidences of property damage. As of 8:30 a.m. Thursday, 1,475 customers of Indianapolis Power & Light and Duke Energy were without power as crews worked to repair downed lines.
 

Duke Realty reports strong quarterly results

The Indianapolis-based real estate investment trust reported a first-quarter profit of $47.6 million compared with a loss of $15.3 million in the same quarter a year earlier. Gains from the sale of properties helped drive profit.

Contentious bills complicate possible Daniels bid

As Indiana's Republican governor mulls a presidential run in 2012, his home state is becoming a showcase of conservative ideas, poised to create the nation's broadest private school voucher system and become the first to cut off all government funding for Planned Parenthood.

Dow AgroSciences reports record revenue

Indianapolis-based Dow AgroSciences on Thursday reported sales of $1.6 billion in its first quarter, up 17 percent from the same period last year due to higher volume and increased prices.