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Public Companies
IPL parent eyes Indy for corporate services hub
June 13, 2013
Kathleen McLaughlinAES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is
planning a major economic development announcement in the city on Friday.
MoreSalesforce slow to excite investors after $2.5B buyout of ExactTarget
June 10, 2013
Dan HumanShares of the California-based cloud computing giant continue to lag after last week's announcement of its $2.5 billion offer
for Indy-based marketing powerhouse ExactTarget.
MoreHurco profit inches higher on stronger European sales
June 7, 2013
IBJ StaffThe Indianapolis-based maker of equipment for cutting and forming metal beat the weakened economy in Europe, but saw a sales
drop in the recessionary Asia Pacific market.
MoreSalesforce to keep ExactTarget independent, 'invest' in it
June 5, 2013
J.K. WallIn a company memo, ExactTarget CEO Scott Dorsey assures employees of their importance after announcing deal to sell the company
for $2.5 billion.
MoreExactTarget sale caps success story; CEO mum on Indy work force
June 4, 2013
Greg Andrews, Dan Human, Bloomberg NewsExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion
buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000
employees.
MoreExplanations vary for dearth of women in top rungs of business
June 1, 2013
Dan HumanOf 112 public and large private-company CEOs, only four are women, although women make up 47 percent of Indiana's work
force. The four Indiana companies with a woman as CEO at the end of 2012—Bioanalytical Systems, Fortune Industries,
Defender Direct and HP Products Corp.—were among a tiny group nationwide with women at the helm.
MoreFirms ladle trips, car allowances on top of rich pay packages
May 18, 2013
Dan HumanSenior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier
earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana
companies.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreAngie's List turning the corner?
May 4, 2013
Consumer rating service gets stock-price boost from better-than-expected revenue in first quarter.
MoreInvestment gains mask slowdown for insurer
May 2, 2013
J.K. WallThe bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty
insurer’s core business lost ground.
MoreInternational Paper to fold local plant, laying off 91
April 30, 2013
Mason KingThe shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
MoreShares of Angie's List, ITT skyrocket after reports
April 26, 2013
IBJ Staff and Associated PressIn the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie's List and ITT Educational
Services on Thursday shot to the top of the stock ticker.
MoreDow AgroSciences grows sales, earnings to new heights
April 25, 2013
Mason King, Bloomberg NewsRecord sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences
LLC in its new fiscal year.
MoreLilly on the rise as investors run back to pharma stocks
April 22, 2013
J.K. WallInvestors are gaining confidence in the ability of major drugmakers, including Eli Lilly and Co., to improve their pipelines
of new products. The big pharma firms begin to report first-quarter earnings this week.
MoreReport: ExactTarget mulling 200-person Atlanta office
April 19, 2013
Dan HumanThe expansion by the Indianapolis-based digital marketer would follow its $95.5 million purchase last year of Atlanta-based
marketing automation firm Pardot.
MoreExpected revenue slump spurs Lilly to cut sales force
April 11, 2013
J.K. WallThe Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for
the loss of patent protection on two of its best-selling drugs.
MoreIndiana furniture maker to exit stock exchange
April 9, 2013
Mason KingThe board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided
to pull its shares from the New York Stock Exchange.
MoreWellPoint execs get double-digit pay bumps while stock falls
April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
MoreLilly to spend $180M doubling size of Indy plant
April 2, 2013
The new investment will bring the plant's total price tag to $320 million as the pharmaceutical giant seeks to increase production
of insulin and related products.
MoreCNO Financial to take $57M charge in first quarter
March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
MoreLocal REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MorePrinting firm to bring 360 jobs to Jeffersonville
March 26, 2013
IBJ StaffOhio-based Standard Printing says it will invest nearly $10 million to lease and renovate a 335,000-square-foot facility.
MoreCalumet goes back to market with public offering
March 26, 2013
IBJ Staff, Associated PressThe Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital,
acquisitions and possibly the redemption or repurchase of debt.
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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!