Brightpoint
BrightPoint stock sinks on lower earnings report
April 27, 2012
Kathleen McLaughlinBrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that
prompted the company to lower its 2012 financial forecast.
MoreBrightPoint making local employment cutbacks
March 2, 2012
Kathleen McLaughlinBrightPoint Inc. has laid off an undisclosed number of its local employees and decided not to fill another 120 open positions,
the Indianapolis-based company acknowledged Thursday.
MoreBrightpoint shares slide after it lowers forecast on loss of customer
February 22, 2012
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its
annual earnings guidance in response to the loss of a major customer.
MoreBrightpoint posts record revenue for 2011
February 1, 2012
Kathleen McLaughlinThe Indianapolis-based provider of logistics services to the wireless-phone industry said it earned $48.8 million on revenue
of $5.24 billion last year.
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.
MoreBrightpoint suing former exec in trade secret dispute
December 21, 2011
Scott OlsonThe Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets
to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
MoreBrightpoint ramping up repair services
December 3, 2011
Scott OlsonCell phone distributor views used market as lucrative.
MoreBrightpoint earnings rise as revenue soars
October 27, 2011
IBJ StaffIncreased distribution and demand for smartphones drove Brightpoint Inc.’s third-quarter revenue up 51 percent, to $1.34
billion, the company said after markets closed Thursday.
MoreBrightpoint opens logistics facility in Plainfield
September 28, 2011
The 200,000-square-foot center is Brightpoint's third "reverse logistics" and repair facility. The others are in Puerto Rico
and Fort Worth, Texas.
MorePROXY CORNER: Brightpoint Inc.
September 3, 2011
Indianapolis-based Brightpoint Inc. provides worldwide distribution and integrated logistics services to the wireless communications
industry.
MoreSmarter product mix boosting Brightpoint
August 6, 2011
Kathleen McLaughlinMobile-phone distributor Brightpoint Inc. is a wireless industry middleman, constantly trying to strike deals with competing
manufacturers and carriers, to gain market share in distributing the world’s high-priced smartphones and tablets.
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.”
MoreFederal judge dismisses Brightpoint fraud suit
June 13, 2011
Scott OlsonA London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor
fraudulently brokered in anticipation of an acquisition that never materialized.
MoreBrightpoint bringing 100 jobs to central Indiana
May 17, 2011
Kathleen McLaughlinBrightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company
announced late Tuesday afternoon.
MoreBrightpoint CFO leaves with $2.75M pay package
May 11, 2011
Scott OlsonAnthony Boor, who joined Brightpoint in 1998 and served as the company's chief financial officer since 2005, left the company
on Tuesday. He received separation pay totaling $2.75 million.
MoreBrightpoint's earnings surge on smartphone sales
April 28, 2011
Associated PressBrightpoint Inc., a distributor of wireless phones, said Thursday that its earnings increased more than sixfold as the growing
demand for smartphones meant that more higher-priced devices passed through Brightpoint's facilities.
MoreBrightpoint settles lawsuit with vendor
March 25, 2011
Scott OlsonThe distributor of wireless phones agreed to drop its complaint, which accused a Massachusetts software provider of fraud
and negligence in addition to breaching its agreement and warranty.
MoreBrightpoint stock sinks on proposed AT&T deal
March 22, 2011
IBJ Staff and Bloomberg NewsBrightpoint Inc. stock slumped more than 15 percent Monday after AT&T Inc. announced a $39 billion agreement to buy T-Mobile
USA from Deutsche Telekom AG. It continued to slip Tuesday morning.
MoreBrightpoint invests in Latin American operations
March 16, 2011
IBJ StaffLocally based wireless phone distributor plans to spend more than $15 million for a stake in a Miami-based company focused
on Latin America.
MoreThree local companies make most-admired list
March 7, 2011
IBJ StaffSimon Property Group Inc., WellPoint Inc. and Brightpoint Inc. of Indianapolis, and Columbus-based Cummins Inc. made Fortune's
annual list of 350 companies, released Monday.
MoreBrightpoint suing software vendor for negligence
March 3, 2011
Scott OlsonThe local distributor of wireless phones has filed suit against Massachusetts-based Emptoris Inc., and is looking to recoup
millions of dollars it paid the company in addition to the amount it says it spent trying to fix the problem.
MoreBrightpoint shares bask in afterglow of earnings report
February 4, 2011
The stock has soared more than 28 percent since Wednesday's earnings report. Growth of smart phones and European
logistics prospects helped Brightpoint beat earnings estimates.
MoreBrightpoint revenue, earnings exceed analyst expectations
February 2, 2011
IBJ StaffThe wireless phone distributor said revenue in the fourth quarter was $1.1 billion, an increase of 24 percent over the same
period of 2009.
MoreBrightpoint exec Fivel leaving for Simon Property Group
January 19, 2011
IBJ StaffOne of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position
at Simon Property Group.
MoreBrightpoint will handle supply chain for Allied
January 11, 2011
Associated PressBrightpoint said it will take over direct sales of Allied Wireless, as well as billing, shipping of equipment and other functions.
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graham. they are even better w/ roasted marshmallows and melted chocolate
Apparently ticket sales are slow too...mas emails have been sent by the speedway in a last ditch attempt to get place fans to come.
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Doc, a few important errors in your statements:
(1) The developer is spending the CITY'S money (the city is paying for the cost of the garage), so the city can damn well insist on a quality design.
(2) The LAW requires the proposed building to comply with design standards, and insisting that people follow the law is not giving anyone the "run-around."
(3) A two-week delay to make some minimal aesthetic improvements is hardly a great imposition being imposed on the developer.
(4) If the developer would rather build a crappy building elsewhere with their own money, then they are welcome to pick up and do so.
(4) Indianapolis is a major city, not some podunk town that needs to spread its legs for any developer that throws the place a sideways glance. Indianapolis should insist on the best, not settle for junk. Accepting anything is not going to make Indianapolis grow any faster (not sure where you got that silly notion from), nor is Indianapolis a slow-growth city compared to similarly sized city's in the Midwest.
Alone. Or with cheese.