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Behind the News
ExactTarget's IPO plan could draw out suitors
January 28, 2012
Greg AndrewsFirms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps
investment bankers assess how they should price shares if they pull the trigger on an offering.
MoreSimon chasing title of state's most valuable company
January 7, 2012
Greg AndrewsDavid Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the
bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
MoreBattle between phone rivals spills into the courtroom
December 31, 2011
Greg AndrewsBrightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone
distributor.
MoreValuing ExactTarget a hit-or-miss exercise
December 17, 2011
Greg AndrewsAppraisals of private companies are inherently dicey, especially if they're not making money.
MoreJudge in high-stakes lawsuit drowns lawyers in praise
December 10, 2011
Greg AndrewsThe federal judge said class counsel achieved “fabulous results with incredible efficiency” and that he had never
been more proud of his profession in his 36-year legal career.
MoreExactTarget has remade itself since last IPO bid
December 3, 2011
Greg AndrewsThings change so fast in the technology world that the prospectus ExactTarget Inc. filed four years ago when it first sought
to go public reads today almost like something from the floppy-disk era.
MoreInvestors across city hit jackpot in Angie's List IPO
November 26, 2011
Greg AndrewsThe initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more
than quadruple the average price of $2.76 paid by prior investors.
MoreSuburban-hotel mayhem whipsaws entrepreneur
November 19, 2011
Greg AndrewsTwo of Sanjay Patel's hotels landed in bankruptcy in November. Four others filed for Chapter 11 protection last year.
MoreDuke Realty's massive office sale wins praise on Wall Street
November 5, 2011
Greg AndrewsInvestors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office
buildings for $1.1 billion.
MoreLilly fights view that fate hinges on Alzheimer's drug
October 29, 2011
Greg AndrewsAnalysts have eyes on trial data for drug that could be a game-changer for the company.
MoreIndiana making hay from Illinois' tax mayhem
October 22, 2011
Greg AndrewsMany Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are
racing to capitalize.
MoreCracker Barrel battling to keep Biglari at bay
October 15, 2011
Greg AndrewsCracker Barrel Old Country Store Inc. has rejected Biglari’s request that directors appoint him and business partner
Phil Cooley to the board. It also has rolled out a “poison pill” plan that would deter outside investors from
taking over the business without negotiating with the board first.
MoreFinish Line, HHGregg step up their e-commerce strategies
October 12, 2011
Greg AndrewsTraditional retailers are trying to connect with customers, however and whenever they want to do business.
MoreSuit says Irwin Union Bank execs missed snowballing risk
October 1, 2011
Greg AndrewsThe bankruptcy trustee's suit against the top three officers of the bank's parent seeks more than $500 million.
MoreFormer partner of Moe & Johnny's owner alleges fraud
September 24, 2011
Greg AndrewsReal estate executive John Bales filed a lawsuit last month accusing Chuck Mack of “willfully and maliciously”
misappropriating $200,000 that belonged to him.
MoreJudge in Ponzi case deals blow to Hoosier developer
September 17, 2011
Greg AndrewsA federal bankruptcy judge in Florida has rejected a settlement that would have extricated former Indianapolis developer Sydney
“Jack” Williams from tens of millions of dollars in claims for a mere $334,000.
MoreNew financing may give battered dry cleaner fresh start
September 10, 2011
Greg AndrewsUS Dry Cleaning’s September 2008 purchase of Tuchman Cleaners was supposed to end years of financial strain for the
25-store Indianapolis chain, but it didn’t happen.
MoreAngie's List hopes investors see beyond the losses
September 3, 2011
Greg AndrewsThe company's IPO filing includes this sobering disclaimer: “We have incurred net losses since inception, and we
expect to continue to incur net losses in the foreseeable future.”
MoreWeak market could derail Allison's planned IPO
August 13, 2011
Greg AndrewsIndianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the
economic outlook has darkened since then.
MoreFinish Line brass buoyant as key retail season arrives
August 6, 2011
Greg AndrewsThe company clearly is on a nice run, with seven straight quarters of increasing same-store sales and increasing earnings
per share.
MoreEli Lilly using big dividend to prevent investor exodus
July 9, 2011
Greg AndrewsLilly executives are emphatic that they have no plans to reduce the company's 49-cents-a-share quarterly cash dividend,
which gives the stock a rich annual yield of 5.2 percent.
MoreWill Biglari use Steak n Shake playbook at Cracker Barrel?
July 2, 2011
Greg AndrewsBiglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
MoreSmulyan says Emmis ready 'to go back on offensive'
June 25, 2011
Greg AndrewsEmmis' sale of two stations in Chicago and one in New York City will allow the company to chop more than $100 million
off its $331 million in long-term debt—clearing the way for it to arrange a refinancing under favorable terms.
MoreMerger of cell phone titans takes glow off Brightpoint
June 18, 2011
Greg AndrewsSome analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's
Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally
feared” and “is more than adequately reflected in the stock price.”
MoreEffort to save minority car dealer lands Bill Mays in ditch
June 11, 2011
Greg AndrewsPNC Bank last month sued Mays, one of the city’s most prominent black businessmen, charging he defaulted on a $3.5 million
loan he received in 2008 that has an unpaid balance of $2 million.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.