LOU’S VIEW: Getting it just right isn’t easy
This week, I felt a little like Goldilocks visiting the bear cottage—only in my search of things that were just right, I found everything to be too something or other.
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Articles
ChaCha approaches web-traffic milestone
Traffic to the site hit a record high of 18.5 million unique visitors in October, making it the fastest-growing in Quantcast’s top 100 websites.
Prepare for a (good) schools arms race
Imagine a future in which Indiana school districts bid up salaries for star teachers to $100,000 or more to develop a district specialty in a field like science or math, and cause students to excel.
Carmel strip mall fire starts in doughnut shop
The fire began at a Dunkin’ Donuts shop Thursday morning, spread to a winemaking shop and threatened other businesses.
Landfill searched for body of Carmel teen
Authorities were still searching a Jackson County landfill Wednesday morning where they believe the body of 18-year-old Sullivan University student Andrew Compton may be located. Compton, a 2010 Carmel High School graduate, has been missing since Oct. 28. Police on Tuesday arrested Gregory O’Bryan of Louisville, 40, who confessed to dumping Compton’s body in a dumpster. O’Bryan faces charges of murder, abuse of a corpse and tampering with evidence.
Bands of America Grand National Championships
Nov. 10-13
Lucas Oil StadiumSeventy-six trombones? That “Music Man” number hardly holds a candle to the sheer number of talented musicians competing this week in Music for All’s Bands of America Grand National Championships. More than 90 bands—including groups from Lawrence Central, Carmel, Center Grove, Danville and Ben Davis high schools—will show their stuff, with the winner scoring a guaranteed spot in the Tournament of Roses Parade. Details here.
Company news
Employees of public school corporations south of Indianapolis, along with Franklin College and Johnson County government, will be able to get free access to an immediate-care clinic under a new agreement with Johnson Memorial Hospital in Franklin. Called the Express Care Clinic, the service will be provided by the staff at the JMH Immediate Care Center in Franklin. The schools and county government health plans will pay a fee to Johnson Memorial to provide non-emergency care to all participants in their health plans, as well as their dependents. Such direct-contracting arrangements are becoming increasingly common, especially for public-sector employers. The South Central Indiana School Trust set up a similar arrangement last year with Morgan Hospital and Medical Center.
Indianapolis-based Arcadia Resources Inc. narrowed its quarterly loss to $2.9 million, or 2 cents per share, compared with a year-ago loss of $4.1 million, or 3 cents per share. Revenue in the three months ended Sept. 30 rose nearly 3 percent to $25.8 million on 44-percent growth in the company’s DailyMed drug management service. The DailyMed services packages the numerous prescriptions taken by some patients into ready-to-take packets marked with the time of day they’re supposed to be taken. Arcadia’s pharmacists also call patients to help them comply with their prescription regimens. The company signed a 3-year contract extention with Indianapolis-based health insurer WellPoint Inc. to provide the DailyMed service to the Medicaid recipients WellPoint manages in some states. Also, Arcadia signed a new deal with New York-based health plan Touchstone Health, to start providing the DailyMed service to its members on Jan. 1.
Third-quarter profits rose slightly at WellPoint Inc. but soared above Wall Street expectations. The Indianapolis-based health insurer raised its full-year profit forecast by 20 cents per share, excluding investment gains, to $6.45 per share. WellPoint earned $739 million during the three months ended Sept. 30, a 1-percent gain over the same quarter a year ago. The profits were driven by lower-than-expected claims expenses and lower administrative costs. Profits per share totaled $1.84. But excluding investment gains of 10 cents, the company would have earned $1.74 per share, a slight decrease from the $1.78 per share it earned a year ago. Analysts were expecting profit of $1.57 per share, according to a survey by Thomson Reuters. Quarterly revenue of $14.6 billion also edged analysts’ expectations, even though it fell 5 percent from the same quarter last year.
A swing in investment results boosted CNO Financial Group Inc.'s third-quarter profits, even as accounting charges depressed the performance of its underlying insurance businesses. The Carmel-based life and health insurer's investment losses and special charges from a year ago turned into slight investment gains this year, allowing it to boost third-quarter profit by 221 percent to $49.4 million. Profit per share was 17 cents, compared with 8 cents in the same quarter a year ago. Excluding charges, the company recorded operating income of 16 cents per share. On that basis, Wall Street analysts surveyed by Thomson Reuters were expecting 15 cents per share. Revenue for the three months ended Sept. 30 fell 6 percent to $1.05 billion.
Man charged with murder of Carmel teen
Louisville police have made an arrest in the case of Andrew Compton, a Carmel teenager who has been missing since Oct. 28. Police say Gregory M. O'Bryan, 40, murdered the Sullivan University student and abused his corpse. Police say the two met online.
Carmel teen still missing in Louisville
A Carmel couple is still searching for their 18-year-old son, a student at Sullivan University in Louisville who disappeared Oct. 28. Louisville police say Andrew Compton left his dorm room that day to meet a 40-year-old man he met on the Internet, but they have no evidence of foul play and have not named the man a suspect. The parents say the police aren’t doing everything they can to find their son.
Roundup: Jockamo, Red Habanero, Black Market, Candy Bouquet & more
Several new restaurants and stores are coming to Indianapolis just in time for the holiday rush.
No jail time for ex-Carmel player
A former Carmel High School basketball player charged in a sexual assault case will see no jail time. A plea deal means Scott Laskowski will see the charges against him reduced from three counts of misdemeanor criminal recklessness to one charge. He must also testify against three of his former teammates, who still face charges in the case. As part of the deal, he will serve one year probation and perform 40 hours of community service.
Drama builds in suit over Hilbert mother-in-law’s life policy
Businessman J.B. Carlson is in debt for $5.9 million, and he may have been the last person to see 74-year-old Suzy Tomlinson alive. Her $15 million life-insurance policy named him as the beneficiary.
LOU’S VIEWS: You talkin’ to me?
In more and more plays, actors are addressing the audience directly. But when does a device become a crutch?
ITT Educational Services fears recruitment rules
New recruiter compensation rules adopted by the U.S. Department of Education could be one more thing that slows or even reverses the torrid growth of Carmel-based ITT Educational Services Inc.
Ex-Carmel player expected to change plea
A former Carmel High School basketball player accused of attacking a young student is expected to change his plea to guilty when he appears in court Thursday. Scott Laskowski was charged in May with three misdemeanor counts of criminal recklessness. The maximum sentence for each charge would be 180 days in prison, however, most first-time offenders don't end up doing jail time.
KAR Auction reports higher profit, revenue
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of 2009. Profit tripled, to $25.6 million.
CNO Financial Group profit beats analysts’ expectations
Excluding investment and special charges, the Carmel-based life and health insurer on Tuesday reported a profit $47.1 million, down 13 percent from the same quarter a year ago, but still beat analysts’ expectations.