Consumer Electronics

BrightPoint stock sinks on lower earnings report

April 27, 2012
Kathleen McLaughlin
BrightPoint 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.
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Engineer wants to bring 3D printing to massesRestricted Content

November 26, 2011
Sam Stall
Doug Keenan, a 49-year-old electrical engineer and entrepreneur, is tackling something so cutting-edge that most of humanity doesn’t know it exists: 3D printing, or rapid prototyping.
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ALTOM: Remember, what's new isn't always what's bestRestricted Content

November 5, 2011
Tim Altom
I’m a technological curmudgeon and proud of it.
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Brightpoint earnings rise as revenue soars

October 27, 2011
 IBJ Staff
Increased 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.
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Finish Line, HHGregg step up their e-commerce strategiesRestricted Content

October 12, 2011
Greg Andrews
Traditional retailers are trying to connect with customers, however and whenever they want to do business.
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Klipsch purchase helps fuel Audiovox sales

October 12, 2011
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase of the Indianapolis speaker maker in March.
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Apple founder, innovator Steve Jobs dead at 56

October 5, 2011
Associated Press
Steve Jobs, the Apple founder and former CEO who invented and masterfully marketed ever-sleeker gadgets that transformed everyday technology, from the personal computer to the iPod and iPhone, has died.
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Local firm shows off for consumer-electronics buffsRestricted Content

September 17, 2011
 IBJ Staff
Indy Audio Labs is shipping its first finished product and had it certified by THX Ltd., the gold standard in consumer electronics, in time for a major industry trade show this month.
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General Assembly considers going paperless with iPads

September 5, 2011
Associated Press
Indiana state lawmakers may trade in the reams of paper they use each session for sleeker iPads.
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ALTOM: Don't sweat the cancer risk of cell phonesRestricted Content

June 18, 2011
Tim Altom
The evidence strongly shows that, for the business user, cell phones are the least of our worries, unless we’re in the habit of answering them in dense traffic.
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Merger of cell phone titans takes glow off BrightpointRestricted Content

June 18, 2011
Greg Andrews
Some 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.”
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Klipsch steps down as speaker maker CEO

June 1, 2011
Kathleen McLaughlin
Longtime Klipsch Group executive Paul Jacobs will take the helm, giving the Indianapolis company its first leader not named Klipsch.
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Sony plans Blu-ray disc boost at Indiana factory

May 12, 2011
Associated Press
Sony officials plan to spend $72 million on new and upgraded equipment at its western Indiana factory, with most of that going toward Blu-ray disc manufacturing.
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Brightpoint CFO leaves with $2.75M pay package

May 11, 2011
Scott Olson
Anthony 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.
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Verizon retirees coming to city to protest executive pay

May 3, 2011
 IBJ Staff
The Association of BellTel Retirees Inc. will press the board of Verizon Communications Inc. to tighten standards for executive pay when the New York company holds its annual meeting in Indianapolis this week.
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One-third in Indianapolis use cellphones only

April 20, 2011
Associated Press
Estimates released Wednesday by the federal Centers for Disease Control and Prevention showed that 33.5 percent of adults in Indianapolis, which encompasses Marion County, use cellphones and lack traditional wired telephones.
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High-end home audio gear will be made in IndianaRestricted Content

March 26, 2011
Kathleen McLaughlin
A team of former Klipsch Group engineers has spent the two years trying to infuse high-end home audio equipment with the all-in-one sophistication of a smartphone.
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Brightpoint stock sinks on proposed AT&T deal

March 22, 2011
 IBJ Staff and Bloomberg News
Brightpoint 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.
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Brightpoint invests in Latin American operations

March 16, 2011
 IBJ Staff
Locally based wireless phone distributor plans to spend more than $15 million for a stake in a Miami-based company focused on Latin America.
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Want to confess your sins? There's an app for that

February 9, 2011
Bloomberg News
A South Bend firm has a bishop's go-ahead to publish a $1.99 iPhone application to help Catholics through the process of confession.
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Klipsch selling for $166M, Audiovox says

February 3, 2011
 IBJ Staff
Klipsch will become a subsidiary of Audiovox and operate as a stand-alone operation in Indianapolis under the leadership of the current management team, Audiovox said.
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Indiana House OKs bill to ban texting while driving

January 25, 2011
Associated Press
Indiana drivers would not be allowed to send or read text messages on mobile phones under legislation that cleared the Indiana House on Tuesday.
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Audiovox agrees to buy local speaker maker Klipsch

January 7, 2011
 IBJ Staff
Audiovox said in a statement, though, that the deal is "subject to a number of contingencies." Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.
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ChaCha may drop T-Mobile over planned fee

September 20, 2010
Scott Olson
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
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Enforcement lax on teen-driver mobile-phone ban

August 2, 2010
Associated Press
Indiana State Police report ticketing only one driver for violating the cell phone ban, and a state agency that tracks infractions for 160 police departments could find just two other citations.
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