Articles

PROXY CORNER: Eli Lilly and Co.

Indianapolis-based Eli Lilly and Co. discovers, develops, manufactures and sells pharmaceutical products for humans and animals. The company reported 2013 net income of $4.7 billion, or $4.32 per diluted share, on revenue of $23.1 billion.

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EDITORIAL: Keep attentive eye on Cummins

Last week’s announcement that Cummins would build a headquarters for its global distribution division in downtown Indianapolis was deservedly welcomed for its potential to house as many as 400 well-paid workers and add an “architecturally significant” building to a reserved skyline.

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At Home Quarterly: Marketplace

Housing Sales   December 1 – February 28 IBJ.COM EXTRA For a detailed table of recent housing sales activity, click here Weekend snowstorms hampered January and February sales, but F.C. Tucker Co. President Jim Litten predicted pent-up demand will play out in coming months as will the home-building recovery, also delayed by weather.•   Most […]

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Fifth Third combines Indiana banking regions

Fifth Third Bancorp has combined its Central Indiana and Southern Indiana units into a single affiliate. Nancy Huber, CEO of the company’s Central Indiana region since 2009, will retire May 15.

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Comlux America names new chief executive

Indianapolis-based Comlux America, which operates an aircraft completion and maintenance center near Indianapolis International Airport, promoted Jim Soleo to CEO, the company announced Wednesday.

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EDITORIAL: Legislative session created foothold for transit

Years of foot-dragging by Indiana legislators has put the Indianapolis region way behind its peers in developing an effective mass transit system. And the transit funding bill that lawmakers finally approved this year contains some maddening conditions. But make no mistake, passage of the bill is a major milestone in a long, difficult fight.

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