Noble Roman’s reports lower profit, revenue
Indianapolis-based pizza and sub chain saw a decline in royalties and ongoing fees from franchisees in the first quarter.
IBJ Staff
Articles
EDITORIAL: Celebrate victory over apathy by voting
Isn’t it great to live in a country where citizens have a say in who serves in every public position from president
to school board? Wouldn’t it be even better if citizens actually took that privilege seriously and went to the polls?
Indiana’s growth in life sciences jobs beats national average
Bloomington led the nation as the No. 1 small city in medical devices and equipment.
NFP of Note: CICOA Aging & In-Home Solutions
CICOA’s mission is to help older persons and
those of any age with a disability to live with the greatest possible independence, dignity and quality of life.
Sahm’s to open tavern in downtown Indianapolis
The bar and restaurant will take about 3,600 square feet in the building, which has OneAmerica and ExactTarget as its anchor
office tenants.
Interfaith Hunger Initiative hopes Dalai Lama draws crowd
The group hopes to raise as much as $100,000 in conjunction with May 14 talk at Conseco Fieldhouse.
Indianapolis Economic Development Inc. becomes Develop Indy
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.
Indiana has millions to pass out for renewable energy projects
The federal money is for renewable energy systems, energy-efficiency improvements, energy audits and renewable-energy feasibility
studies.
Masonic Home plans $8M assisted-living center in Franklin
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
Kite reports first-quarter loss on lower revenue
Developer’s $1.1 million loss in the first quarter reflected lower construction activity and lower gains on land and outlet
sales.
Adesa parent increases revenue, profit
Carmel-based KAR Auction Services Inc. on Wednesday reported a first-quarter profit of $8.1 million, reversing a $3.5 million
loss in the same period last year.
Brightpoint reports higher revenue, earnings
Brightpoint handled 22.5 million units in the first quarter, a jump of 21 percent compared to the first quarter of 2009.
Republic suffers $36.5M loss in first quarter
Indianapolis-based carrier took an $11.5 million charge to write off the Midwest Airlines brand name. Republic is combining Milwaukee-based Midwest with Denver-based Frontier Airlines.
Reduced production drives Calumet to a loss
High crude oil prices and lower production hurt the bottom line at Calumet Specialty Products Partners LP, which Wednesday
reported a $13.1 million first-quarter loss. It posted a $75.6 million profit in the first three months of 2009.
Voters back school-funding plans across central Indiana
Voters in Washington Township, Pike Township, Speedway, Carmel Clay and Noblesville approved
higher tax rates to help prevent teacher cuts or support building projects.
PROXY CORNER: Brightpoint Inc.
Brightpoint Inc. provides worldwide distribution and integrated logistics services to the wireless communications industry.
State revenue continues to fall short of projections
Indiana has missed budget projections for nine out of the last 10 months. April tax collections hit their lowest mark since
2004.
General Hotels lands 5 new properties
General Hotels Corp. will manage five more hotels in Indiana and Ohio.