Marsh renews Symphony on Prairie sponsorship through 2018
The Indianapolis Symphony Orchestra’s outdoor concert series posted total attendance of more than 100,000 in 2014. Marsh Supermarkets has sponsored the series since its inception in 1982.
IBJ Staff
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UPDATE: IU Health reaches labor settlement with nurses
Indiana University Health has agreed to revoke disciplinary actions against two nurses who tried to organize a union at IU Health’s Methodist Hospital earlier this year, the United Steelworkers announced.
PROXY CORNER: Noble Roman’s Inc.
Indianapolis-based Noble Roman’s Inc. sells and services franchises and licenses for non-traditional foodservice operations and stand-alone take-n-bake locations under the trade names “Noble Roman’s Pizza,” “Noble Roman’s Take-N-Bake” and “Tuscano’s Italian Style Subs.”
Republic’s quarterly financial results slip, as expected
Republic Airways Holdings Inc. hit the mark late last month when it warned investors that second quarter financial results would be worse than expected due to an ongoing labor dispute with pilots.
Key role for Schellinger
Democrat Jim Schellinger’s appointment to head the state’s job-creating agency creates a bipartisan opportunity for a renewed and necessary push for higher quality jobs, not just a higher quantity of jobs.
Quarterly revenue, earnings slip at Baldwin & Lyons
The Indianapolis-based transportation insurer said the decreases in second-quarter revenue were part of a strategic shift to reduce some lines of insurance.
Stonegate misses profit mark despite revenue jump
Stonegate Mortgage Corp. saw big increases in revenue and profit in the second quarter, but the financial performance didn’t hit the expectations of analysts.
HHGregg’s latest loss still beats Wall Street expectations
The retailer reported another lackluster quarter with sales dips in every category except home products. But its shares shot up in trading because the results were better than expected.
Longtime executive leaving Republic Airways
Republic Airways Holdings Inc.'s chief financial officer is leaving the company to pursue other interests, the Indianapolis-based company announced Wednesday.
Calumet reports profitable quarter on higher sales
Calumet Specialty Products Partners LP turned in a moneymaking second quarter, rebounding from a loss in the same period of 2014, the company reported Wednesday morning.
Pence heads to New York to woo firms to Indiana
Gov. Mike Pence returned to the New York area on Wednesday for a two-day jobs mission to pitch Indiana as a lower cost place to do business.
Remy International takes quarterly loss on lower sales
The Pendleton-based manufacturer of electric motors on Monday reported revenue of $272 million in the period, down from $302.9 million last year.
Republic Airways planning training center south of airport
The $3.85 million project would allow the regional carrier to train as many as 5,000 employees per year.
Developer seeks tax break on $7.9M Fountain Square project
Deylen Realty is requesting the abatement to offset the cost of building Forte, a 64-unit apartment-and-retail project on part of a surface lot that had been owned by the city.
Hurco plans to add manufacturing workers at local HQ
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
Russell steps down as chairman at Celadon Group
Stephen Russell is relinquishing a role he’s had at Celadon Group since he founded the company in 1985. CEO Paul Will and COO Eric Meek received promotions.
Fishers-based NCA Group acquired by Louisiana firm
NCA Group Inc., an insurance-claims services firm that has been based in Fishers since its founding in 1984, has reached an agreement to be acquired by Hammond, Louisiana-based Worley Claims Services.
Legal-tech startup raises money, joins California accelerator
Indianapolis-based PactSafe, a legal-tech startup launched this year by a former Taft Stettinius & Hollister LLP attorney, raised $880,000 in its seed round and was accepted into a competitive Silicon Valley accelerator.
Ambrose handing DTZ property management biz
Ambrose Property Group LLC is spinning off its property management division to DTZ, one of the largest real estate firms in the city.