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Articles
Conseco’s quarterly profit trimmed by legal costs
Carmel-based insurer Conseco Inc. has been profitable for four straight quarters.
Adesa parent turns profit, beats expectations
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.Conseco shares fall after dip in fourth-quarter profits
Carmel-based insurer swings to a profit, but earnings from operations decline.
USA Football touring city, considering moving HQ here
USA Football officials toured Indianapolis and met major sports brass on Feb. 26 and are considering several local sites,
including the former Citizens Gas facility on the southeast side, to be its new home. The organization, part-owned by the
NFL, is set to move from its Virginia home later this year.“An Evening with Ben Vereen”
March 7
Carmel High SchoolI had my first encounter with Ben Vereen—as did many of my generation—through the landmark television series
“Roots,” where he memorably played Chicken George. I then was knocked out by his portrayal of Death as a song
and dance man in Bob Fosse’s painfully brilliant autobiographical film “All That Jazz.” But there’s
nothing like seeing Vereen live, which I had the pleasure of doing when he was touring in a revival of “Pippin,”
the show that made him a Broadway star.What I remember most about that performance is that—after the curtain calls, after many audience members had bolted
for their cars—the appreciative-of-those-who-stayed Vereen said something to the effect of, “I really enjoy this
show, but I really don’t get to do everything I want to do,” and invited those remaining to stick around as he
performed about a half hour of his nightclub act. Not only was it very entertaining, but it was the best example I’ve
seen of a guy unselfishly sharing his talents above and beyond expectations.Vereen will be here on Sunday singing, dancing and sharing stories in a benefit for the Carmel Community Players. If you
aren’t caught up in Oscar-mania, consider going. Details here.Actors Theatre of Indiana’s “Nunsense”
March 3-28
Carmel Community PlayhouseNow here’s where local theater can get confusing. In the previous item, I mentioned a non-professional company, Carmel
Community Players, hosting a professional entertainer at an area high school. Now I’m talking about a professional local
company, Actors Theatre of Indiana, using Carmel Community Players’ space for its own show. (Trust me, it’s going
to get even more confusing when amateur, professional and semi-pro companies, both local and touring, converge on the new
performing arts center in Carmel.)
Anyway.“Nunsense” is one of those shows that seem to effortlessly draw laughs and generate good will. It’s harmless
and goofy, its songs are fun, and, in the right hands (and habits), it can transform from an entertaining, low-maintenance
night out into something blissful. Details here.
Job searches dragging on a year later
Out of six professionals IBJ profiled a year ago, three have found jobs, although all have accepted lower pay than
they were getting before. One could not be reached, but she still lists herself as looking for work on LinkedIn.com. Two tried
to start their own businesses, with one giving up and one, Bruce Flanagan, still trying.Market surge doesn’t lift Lilly Endowment
Lilly Endowment’s resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.ITT Educational awards top managers substantial raises
The Carmel-based for-profit educator paid CEO Kevin M. Modany $7.6 million in total compensation last year, a 63-percent increase over 2008. And the rest of his management team all enjoyed pay increases of 45 percent or more.
Delta Faucet cutting 40 more jobs at Greensburg plant
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.Also this week:
Nora Jones, March 13 at the Murat Theatre. Details here.
Opera star Sylvia McNair performs selections from the Great American Songbook with the Carmel Symphony
Orchestra, March 13, at Zionsville Performing Arts Center. Details here.The Theatre Within presents “The Twilight of the Golds,” March 12-27, at The Church Within.
Details here.The University of Indianapolis presents “Celebrating Chopin” featuring pianist Richard Ratliff
and music by and inspired by the composer. March 15 at the Christel DeHaan Fine Arts Center. Details here.
Community banks face fight of their lives against big players
Small, community banks will bet on their strength in customer service, and large banks will offer business customers lower
costs.Hoosier entrepreneurs make magazine’s billionaires list
Bill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.LOU’S VIEWS: Dog days at Clowes with national tour of ‘Dalmatians’ musical
This week, canines at Clowes, sisters in the suburbs, pals searching for Paul, and the Cabaret’s new digs at the Columbia
Club.Many banks cutting dividends to merely a penny
Banks used to take pride in having long records of increasing dividends. Now, about all most can say is they still pay one.
