IBJ Staff
Articles
PROXY CORNER: Bell Industries Inc.
Bell Industries Inc., 8888 Keystone Crossing, Suite 1700 (www.BellInd.com), is a holding company for Bell Techlogix and the Recreational Products Group.
Angie’s List attracts $2.5M infusion
The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.
Noble Roman’s reports loss
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.
Gun club building, parking lot fetch $380,000 at auction
The historic, 8,000-square-foot Gatling Gun Club building sold for $250,000 and the 19,000-square-foot parking lot went for $130,000, to two separate bidders.
Daniels appoints new social services chief
Indiana Gov. Mitch Daniels has accepted the resignation of Family and Social Services Administration Secretary Anne Murphy and has appointed the agency’s chief of staff, Michael Gargano, to replace her.
Quick Hits: Indianapolis dwarfs Milwaukee in convention, tourism business
Indianapolis and Milwaukee are about the same size, with 1.7 million and 1.6 million people in their respective metro areas, but Indianapolis’ convention trade is better developed.
Teachers Credit Union chooses new leader
Senior vice president Paul A. Marsh will take over for Richard J. Rice, who has been president of the credit union since 1987.
City names new controller, communications director
Jeff Spalding, a former financial administrator at the Indiana Commission for Higher Education, has been named controller for the city of Indianapolis.
Dealer Expo returning to Indianapolis through 2016
Massive powersports trade show Dealer Expo has committed to keep its annual event in Indianapolis through at least 2016—extending its stay by five years.
Citigroup subsidiary agrees to $717,000 Indiana fine
The penalty stems from charges that Citigroup Global Markets failed to monitor a former agent accused of working with Robert Nelms, who was sentenced in May for securities fraud involving a $24 million cemetery trust fund operated by Indianapolis-based Memory Gardens Management Corp.
Emmis faces NASDAQ delisting danger again
Emmis Communications Corp. spent much of last year in danger of being delisted from the NASDAQ stock exchange. Now, it’s back in the same precarious position.
City revokes four cab companies’ licenses
The license revocations stemmed from violations such as failure to maintain a dispatch log, failure to maintain a dispatch facility and failed body or mechanical inspections.
Indiana life sciences upstarts tap health reform booty
The federal legislation is roundly criticized at a BioCrossroads meeting, but some firms have found a silver lining.
Sam Schmidt Motorsports moves into Tony George’s former shop
Old Vision Racing HQ gives Schmidt team room to expand.
Fishers Arts Council cranks up effort to support creative community
The Fishers Arts Council, which merged this year with the Fishers Cultural Alliance, is looking to become the suburb’s foremost arts advocate.
NFP of NOTE: Flanner House of Indianapolis
Flanner House of Indianapolis supports, advocates for and empowers individuals, children and families by applying educational, social and economic resources that move the community toward self-sufficiency.
EDITORIAL: Building safety requires oversight
The saga of the Di Rimini apartments is a cautionary tale, and one Indianapolis officials would do well to heed.