Indiana exports hit record, but growth slows
Indiana exports rose to a record $34.4 billion in 2012 while growing at a rate exceeding the Midwest’s and the nation’s.
IBJ Staff
Articles
Indiana Members adds small credit union to its fold
Indiana Members, which has 24 branches and $1.3 billion in assets, will grow by one branch and $17 million in assets.
Indy-based Lids to open 200 outlets in Macy’s stores
The arrangement is considered an inexpensive way to expand Lids’ reach into large, sports-centric cities. But Wednesday’s earnings report from Macy’s indicates consumers aren’t spending as much on apparel.
Indianapolis-area homebuilding filings jump 35 percent
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
NFP of NOTE: National Multiple Sclerosis Society–Indiana State Chapter
National Multiple Sclerosis Society–Indiana State Chapter mobilizes people and resources to drive research for a cure and to address the challenges of everyone affected by multiple sclerosis.
EDITORIAL: Don’t let politics thwart tax debate
Hoosiers love our low taxes. But there are times when that reality—which politicians play to the hilt—gets in the way of good public policy.
Meijer plans to hire more than 9,000 in five states
The Grand Rapids-based company says it wants to hire 1,800 in Indiana. Most of the new positions will be part-time.
HDG Mansur hit with $5.8M court judgment
A federal judge in New York has slapped HDG Mansur with a $5.8 million judgment, ruling in favor of a former client that said the Indianapolis real estate firm misappropriated funds.
Calumet Specialty shares fall after plunge in earnings
Shares of Calumet Specialty Products Partners LP dropped as much as 8 percent early Wednesday after the Indianapolis-based company reported a dramatic decline in profit in the second quarter.
Remy International stock hits 52-week high
Shares of Pendleton-based Remy International Inc. closed at a 52-week high Tuesday, a day after the manufacturer announced declining sales and earnings in the second quarter.
CEO leaves Defender Direct; founder retakes top spot
Marcia Barnes, who took over as CEO of one of the state's largest private companies 15 months ago, has left the firm.
Allison stock slips after owners reveal plan to sell shares
The primary investors in Allison Transmission Holdings Inc. are looking to lock in profits by unloading 16.6 million shares of the company for more than $350 million.
T-shirt printer scoping Indy for new facility, 105 jobs
Little Raymond’s Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
PROXY CORNER: Eli Lilly and Co.
Indianapolis-based Eli Lilly and Co. discovers, develops, manufactures and sells pharmaceutical products for humans and animals.
CNO Financial gung-ho on share buybacks
The Carmel-based financial services company said that, during the second quarter, it repurchased $59.4 million of its securities, including 4.4 million common shares for $50 million.
EDITORIAL: Better transit for better achievement
A landmark Harvard University study on income mobility released late last month brought uncomfortable news for those who have come to view Indianapolis as a diamond in the Rustbelt rough. Unigov, downtown revitalization, amateur and professional sports, a stable economy—none of it apparently has done enough to help the poor.