Shares of ITT Educational Services Inc. shot up by as much as 60 percent Friday morning after the company reported that its first-quarter profit had nearly tripled from a year ago.
Carmel-based KAR Auction Services Inc. announced Monday that it has acquired Canvey Island, England-based HBC Vehicle Services, marking its first foray into a market outside of North America.
Eleven Fifty, the Carmel-based coding academy and consulting firm, has committed to hiring 92 people in exchange for a state incentive package worth more than $1.3 million, Indiana economic development officials announced Tuesday.
The equity round, led by Carmel-based Allos Ventures and St. Louis-based Cultivation Capital, is the third round of financing for the company in less than a year.
The Daredevil microbrewery provides a lift to the town of Speedway’s revitalization efforts, while Penn & Palate continues the renaissance of East 16th Street.
Counties around Indiana are starting to form coalitions in an effort to win potentially millions of dollars in new state grants for regional development projects.
Neal Brown is looking to open the restaurant in Fletcher Place. The area’s renaissance also continues with plans to renovate a building for commercial use a few blocks away.
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
Attorney General Greg Zoeller's complaint alleges The College Network made personal loans for customers at high interest rates with payments beginning immediately, but that relatively few people actually complete its program and earn a college degree.
Indianapolis attorney Charles Blackwelder already has pleaded guilty to a real estate scam in Hamilton County that involved more than 300 elderly Hoosiers.
Indianapolis-based Duke Realty Corp. is proposing to add a another building to the office park located along U.S. 31 between Carmel Drive and Main Street.
Golf course and country club management firm Green Golf Partners launched four years ago, at a time the golf industry nationwide was deep in the rough.
Anthem Inc.’s proposed $47 billion buyout of Cigna Corp. is the latest example of corporate deals that get hung up over executive egos and turf battles. For example, Anthem CEO Joe Swedish wants to lead the merged firm, to the chagrin of Cigna’s CEO.
New Jersey-based Fairbridge Properties bought the 12-story downtown office building from Ambrose Property Group, which purchased it out of receivership and invested $8 million in renovations.
A par-3 golf course on the city’s north side could be replaced by a $45 million apartment community with nearly 400 units, much to the chagrin of neighbors opposing the massive project.
