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Brightpoint
MAURER: Take a chance on Brightpoint shares
June 12, 2010
Mickey MaurerHere’s the new plan: Purchase the stock at $7.25 to $7.50 a share, and hope to realize a 15-percent to 20-percent gain
in the short term.
MoreBrightpoint reports higher revenue, earnings
May 6, 2010
IBJ StaffBrightpoint handled 22.5 million units in the first quarter, a jump of 21 percent compared to the first quarter of 2009.
MoreBrightpoint, Comcast employees ramp up volunteer efforts
April 24, 2010
IBJ StaffBrightpoint employees fanned out across Marion and Hendricks counties the week of April 17, donating more than 400 hours to
seven organizations. Comcast was expecting 1,000 volunteers to help organizations across the state on April 24.
MoreBrightpoint cuts CEO's pay by almost 35 percent
April 5, 2010
Peter SchnitzlerRobert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management
team also took
substantial pay cuts.
MoreThree Indiana companies among world's most admired
March 5, 2010
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
MoreBrightpoint profit up despite declining revenue
February 4, 2010
IBJ StaffWireless device distributor Brightpoint Inc. saw revenue decline in the fourth quarter, but the Indianapolis-based company
still managed to bounce back from $346 million year-ago loss with an $18.3 million quarterly profit.
MoreBrightpoint increases stock repurchase to $80 million
January 12, 2010
Scott OlsonIndianapolis-based cell phone distributor is buying back more shares as part of a settlement it reached in October with Denmark
holding company NC Telecom Holding A/S, which Brightpoint bought in 2007.
MoreBrightpoint quarterly estimate below expectations
January 4, 2010
Associated PressCell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.
MoreBrightpoint pays $31M for distribution facility
December 17, 2009
Cory SchoutenLocally based Brightpoint Inc. has closed on a $31 million deal to purchase its 495,000-square-foot distribution facility
in Plainfield.
MoreDebt-shedding efforts start to pay off for Brightpoint
November 21, 2009
Greg AndrewsThe wireless phone wholesaler had survived two prior recessions and recognized the spoils in tough times go to companies with
the strongest balance sheets.
MoreBrightpoint profit dips but beats expectations
November 4, 2009
Wireless device distributor Brightpoint Inc. said late Wednesday afternoon that profit and revenue both fell in the third
quarter because it sold fewer devices at lower prices.
MoreBrightpoint repurchases shares in settlement
October 2, 2009
Scott OlsonIndianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S
to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard
Telecom before Brightpoint, the world's biggest wireless phone distributor, bought the cell phone distributor in August 2007.
MoreLondon hedge fund sues Brightpoint over failed acquisition
September 30, 2009
Peter SchnitzlerA London-based hedge fund has sued Brightpoint Inc. over a $10 million loan it alleges the Indianapolis-based cell phone distributor
fraudulently brokered in anticipation of an acquisition in France that never materialized.
MoreEx-Homeland Security chief Ridge named to Brightpoint board
September 1, 2009
IBJ StaffIndianapolis-based wireless phone distributor Brightpoint Inc. has appointed Tom Ridge, the first secretary of the U.S. Department
of Homeland Security, to its board of directors, the company announced this morning.
MoreBrightpoint profit slips, but beats expectations
August 6, 2009
Scott OlsonWireless device distributor Brightpoint Inc. said yesterday that profit and revenue fell in the second quarter because it
sold fewer of the devices, and at lower prices.
MoreBrightpoint prices offering of 15 million shares
July 16, 2009
Scott OlsonWireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering
at $5 each.
MoreBrightpoint's Danish deal not so sweet two years later
July 13, 2009
Greg AndrewsThe cross-continent mega deal that made Brightpoint Inc. the world’s biggest wireless phone distributor
has lost much of its sheen two years after being struck. Brightpoint Inc. in August 2007 purchased Denmark-based
Dangaard Telecom for $385 million in stock and the assumption of $350 million in Dangaard debt.
MoreBrightpoint shareholder selling shares
July 13, 2009
Scott OlsonBrightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.
MoreBrightpoint adjusts as wireless demand finally cools off
March 2, 2009
Chris O'MalleyAfter years of torrid gains in the number of wireless phones it handles, Brightpoint has had two consecutive comparable-quarter
declines.
MoreEx-Brightpoint officer points to higher-ups
May 21, 2007
Greg AndrewsJohn Delaney, a second-tier Brightpoint Inc. executive convicted of securities fraud last year, charges in a newly public
letter that upper management was in on the scheme. The 2004 letter implicates former Chief Financial Officer Phil Bounsall,
now executive vice president of locally based Walker Information.
MoreRuined Brightpoint manager heading to trial
May 21, 2007
Greg AndrewsFour years after the Securities and Exchange Commission accused Harcharik of committing securities fraud at Brightpoint Inc.,
he finally has his day in court. A civil jury trial is scheduled to start May 21 in Manhattan. It could last as long as three
weeks.
MoreBrightpoint's buy turns the tables
February 26, 2007
Peter SchnitzlerOn Feb. 20, Plainfield-based cell phone distributor Brightpoint Inc. announced a blockbuster deal to buy Dangaard, its largest
European rival, for $308 million, a reversal of fortunes from five years ago between the competitors.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!