At Home Quarterly: Marketplace
Indianapolis-area statistics on home sales, mortgage rates and demographics.
IBJ Staff
Articles
Mainstreet Property affiliate stages $110M IPO
Mainstreet owns 18 percent of HealthLease Properties Real Estate Investment Trust, which sold 11 million shares of stock at $10 each. The stock began trading Wednesday morning on the Toronto Stock Exchange under the ticker HLP.UN.
Gov. Daniels to be named Purdue’s next president
Mitch Daniels, Indiana's two-term governor, will succeed France Cordova as Purdue University president, a source told IBJ Tuesday morning.
State’s unemployment rate held at 7.9 percent in May
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with gains in sectors including trade, transportation, utilities, and private educational and health services.
Buckingham recruiting tenants for CityWay office building
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
Purchase offers fail to satisfy creditors of Shelbyville casino
Owner of Indiana Grand Casino plans to proceed with recapitalization plan instead.
Indianapolis firm launching dream-sharing app
Remember.com’s free Dreamt It app will be followed by a paid version with additional features.
NFP of NOTE: Crohn’s and Colitis Foundation, Indiana Chapter
Crohn’s and Colitis Foundation's mission is to cure Crohn's disease and ulcerative colitis, and improve the quality of life of children and adults affected by these diseases.
EDITORIAL: Start over to fix Indianapolis schools
A school district where fewer than half the students pass state-standardized tests isn’t getting the job done.
Burd Ford dealership closing by end of June
Manager Jon Parson told IBJ that he had "no idea" why the dealership was closing. Christine Burd took over the business in late 2009 following the suicide of her husband, Richard Burd.
Local logistics provider FitzMark plans to add 30 jobs
Indianapolis-based FitzMark Inc. said it will fill the customer service and purchasing positions by the end of the year. The company was founded in 2007 and has grown to $25 million in annual revenue.
Largest Indiana public companies mostly fared well in 2011
Performance varied widely as industries ebbed, flowed.
State securities regulators strike deal with E-Trade
The Indiana Securities Division has finalized a settlement with financial-services firm E-Trade following accusations that the company misled Hoosier investors about the safety of auction-rate securities, Secretary of State Connie Lawson said Wednesday.
Columbus auto parts maker plans to add 50 jobs
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Area sees May surge in residential building permits
New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
Hurco’s quarterly profit leaps on higher sales
Indianapolis-based manufacturer Hurco Cos. Inc. on Friday reported a 26-percent rise in profit in the second quarter on growing revenue.
Sound equipment retailer plans expansion, 316 jobs
A Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double the size of its headquarters campus and create more than 300 jobs by 2016.
Sound equipment retailer launching expansion
Sweetwater Sound Inc. in Fort Wayne plans to invest $23.5 millon and hire 316 additional workers within four years.