Day: May 5, 2016

$1.2M: ‘Stunning, totally updated home on an expansive double lot in Crescent Hill’

An occasional look at premium homes on the market.

The address: 240 S. Peterson Ave., 40206. Asking price: $1,175,000. AgencyKentucky Select PropertiesDetails:

A significant 2004 renovation, designed by Tim Winters and executed by builder Fred Bennett, completely transformed this property originally built in 1900 and provides all the amenities of a newer home in one of Louisville’s most sought-after, historic and urban neighborhoods.

Metro Council candidate Reily’s roster of donors is a who’s who of local business luminaries

Stephen Reily
Reily

They’ve helped Stephen Reily power his way toward raising more money than any council candidate in a primary election since city and county governments merged. The philanthropist has amassed a $134,450 war chest for his District 8 race, well ahead of his six Democratic opponents, The Courier-Journal reports today.

An executive of the West Louisville FoodPort, Reily has ponied up $40,000 of his own, in addition to the $94,450 raised from other donors, who are limited to $1,000 in per-person gifts. The newspaper says they include:

Reily’s personal fortune comes from his family’s Louisiana-based food and beverage company, according to the CJ.

Donald Trump’s paltry fundraising in Kentucky shows how far he’s got to go

Here’s how much Donald Trump has coasted on free publicity in Kentucky to advance his who’d-a-thunk-it presidential campaign: He ranks No. 10 among candidates who’ve collected contributions in the state, raising a grand total of only $27,654, according to the latest Federal Election Commission numbers. Compare that to Sen. Rand Paul, who raked in $367,924 in the state before dropping his bid three months ago, and likely Democratic nominee Hillary Clinton‘s $443,851.

DTC-ODTRH-BK-1
Yours for $25.

To be sure, Trump hasn’t done any formal fundraising so far, relying instead on casual contributions and merchandise sales through his campaign website. But now that he’s got a virtual lock on the GOP nomination, his days of relying solely on gratis media attention are over. He acknowledged as much yesterday, but ruled out self-funding his campaign, however many billions he may have in the bank, according to Slate.

Related: For the third consecutive month, Sen. Bernie Sanders raised more money in Kentucky than any other presidential candidate. And more about Louisville politics.

Louisville strip clubs and Attorney General Beshear are kicking sex traffickers to the curb

That’s according to a just-published story in LEO, which says a nationwide group, Club Owners Against Sex Trafficking, is training club operators and employees to recognize when someone is the victim of this modern-day slavery. The group includes PT’s Showclub on Market Street.

“People assume we must be involved, but we’re not,” PT’s Brian Franson told the weekly. “In fact, we’re on the lookout for human trafficking.”

And Attorney General Andy Beshear wants everyone to be on guard during Derby Week. “The Derby is one of the greatest sporting events in the world and one all Kentuckians can take great pride in,” Beshear said in a statement. “But unfortunately, there are individuals who use large sporting events like the Derby to traffic children and adults for sex and labor.”

Related: A list and map of Louisville strip clubs, plus reviews.

Ford exec sells $800K in stock; Humana files SEC quarterly report, and Powerball pot soars to $415M

Latest news, with a special focus on big Louisville employers; updated 5:39 p.m.

Joseph Hinrichs
Hinrichs

FORD Executive Vice President Joseph Hinrichs sold 60,000 shares of stock at $13.32 a share yesterday for a total near $800,000, the company said in a Securities and Exchange Commission filing this afternoon. Ford paid Hinrichs $6.4 million last year, including changes to his pension value. Boulevard’s executive pay database.

KINDRED said it plans to make presentations at two upcoming investor conferences later this month (press release). Also, the company held a first-quarter earnings conference call with analysts at 9 a.m. today. How to listen to the replay; the company released results yesterday (press release). And the board of directors declared a regular quarterly cash dividend of 12 cents a share (press release). Shares closed at $13.44 down 7.3% this afternoon.

HUMANA just filed its first-quarter 10-Q with the Securities and Exchange Commission. Also, the insurer may exit some states’ insurance exchanges next year, the company said during its first-quarter report yesterday (Business FirstInsider Louisville and CJ). In the pre-market, shares were basically flat at $175.70.

TEXAS ROADHOUSE has just filed its 10-Q, too.

UPS shareholders have re-elected the full slate of 11 board members (press release).

YUM has filed initial documents with the Securities and Exchange Commission on its planned China division spinoff (Business First).

PAPA JOHN’S: Here’s a transcript of yesterday’s first-quarter conference call with analysts.

pb_logo_1In other news, the Powerball jackpot is now a staggering $415 million, the ninth-largest potential payout in U.S. history, after no winning numbers were drawn last night; next drawing is Saturday (WAVE). Last night’s numbers: 30 47 57 66 69 3. How to play. Also, Norton Healthcare is adding four operating rooms to the Women’s and Kosair Children’s Hospital in the Dupont area as part of a 7,000 square-foot addition (Business First).