ITT, other for-profit education firms face more oversight
Shares in ITT Educational Services Inc., based in Carmel, declined 13 percent Monday morning, to $56.02 each, after being downgraded
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Two Indianapolis accounting firms make top 100 list
Katz Sapper & Miller LLP and Blue & Co. LLC again are the only two local accounting firms to crack Inside Public
Accounting’s annual top-100 list.Heat wave could renew push for later school start
A mid-August heat wave that has left some students sweltering in classrooms without air conditioning could renew the push
for an Indiana law preventing schools from starting classes before Labor Day.Carmel Clay teachers OK contract
The teachers union at Carmel Clay Schools has ratified a proposed contract. Members voted 228-70 Wednesday night to approve
the agreement with the 15,000-student district. The teachers had been working under terms of an expired contract since July
2008. Union President Sherri Pankratz said she wouldn't disclose details of the contract until the school board approves
it. The board plans to meet Thursday night.Rapid response poll test
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath new life into a building that had served the Martindale-Brightwood community for 81 years. Central Indiana Community Foundation is spearheading the plan to transform the 52,000-square-foot former school into a community center. Construction is scheduled to begin in […]
Cincinnati Bell chooses Carmel for subsidiary’s headquarters
Evolve, which offers bundled voice and data services to commercial customers, will start with 100 employees in Carmel and
plans to add more.People
Robert E. Christman has started Bridge Real Estate Advisors Inc. at 600 E. Carmel Drive, Suite 269, Carmel. The firm will work with residential buyers and sellers in Hamilton, Marion and Boone counties and with commercial clients in the acquisition, disposition and leasing of office and light industrial flex space.
Isiah Thomas hire could mean end of road for Walsh in N.Y.
Knicks President Donnie Walsh wanted to hire Chris Mullins as general manager. Instead his boss stuck him with a man who has
been a disaster on numerous levels of professional basketball management.Assistant commissioner promoted to lead IHSAA
The IHSAA announced Friday that Bobby Cox would replace Blake Ress as commissioner in February when Ress retires after 10-1/2
years in the position.Ford dealer celebrates 50-year milestone
This month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.
New-car dealers hit hard in 2009
Indiana lost 49 new-car dealers last year, the biggest thinning of the herd in at least a decade, according to data released
last month by the National Automobile Dealers Association.Shuttered school finding new life as community center
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath
new life into a building that served the Martindale-Brightwood community for 81 years.First Merchants, First Financial mull expansion
Acquisitions situate banks to seek market share in Indianapolis.
“Rent in Concert”
Aug. 5-7
Indianapolis Civic TheatreWe’re not gonna pay/we’re not gonna pay/we’re not gonna pay … a set designer.
Indianapolis Civic Theatre adds a summer offering to its season-before-moving-to-Carmel with this concert version of Jonathan
Larson’s pop opera “Rent.” Participants in this script-in-hand/orchestra-on-stage production include Angela
Manlove as Maureen. Details here.
Revenue, earnings up for KAR Auction Services
The company had revenue of $470 million in the quarter ended June 30, a 7-percent increase over the $439.1 million it reported
in the same quarter of 2009.Adesa parent reports higher second-quarter profit, revenue
The company earned $28.6 million, or 21 cents per share, compared with $12.8 million, or 12 cents per share, in the year-ago period. Total revenue increased 7 percent, to $470 million.
CNO Financial profits surge 20 percent, beating expectations
The Carmel-based life and health insurer earned $33.1 million in the three months ended June 30, or 12 cents per diluted share.
Excluding losses on investments and retired debt, the company would have earned 16 cents per share.