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Quarterly profit surges for trucking firm Celadon Group
October 27, 2011
IBJ StaffCeladon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of
$141.5 million.
MoreDow Agro improves quarterly revenue, profit
October 27, 2011
IBJ Staff and Bloomberg NewsIndianapolis-based Dow AgroSciences on Thursday reported record third-quarter sales of $1.2 billion, up 27 percent from the
same period a year ago.
MoreLilly: Vendors key after Zyprexa patent loss
October 24, 2011
J.K. WallLilly's patent-loss challenges—the biggest of which takes effect today—will force the company to rely even more
on its 1,300 Indiana vendors.
MoreInsurance mandate lacks teeth, WellPoint CFO says
October 24, 2011
J.K. WallAs constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief
financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.
MoreITT Educational’s enrollment, profit fall again
October 20, 2011
The Carmel-based operator of for-profit colleges posted a 27.8-percent drop in earnings while new-student enrollment fell
14.1 percent.
MoreEnerDel parent facing shareholder legal battle
October 18, 2011
IBJ StaffAt least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors
about its financial condition.
MoreKlipsch 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.
MoreLilly gets dinged for job cuts
October 10, 2011
J.K. WallEli Lilly and Co. got called out in a recent report on companies that took advantage of the 2004 tax holiday on foreign profits
and have since slashed jobs.
MoreFortune Industries reports annual profit growth
September 28, 2011
The publicly held Indianapolis-based professional employer organization's profit in fiscal year 2011 more than doubled from
the previous fiscal year, to $1.3 million.
MoreExactTarget preparing for another IPO attempt
September 13, 2011
Bloomberg NewsExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan
Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.
MoreEnerDel parent in danger of losing NASDAQ listing
September 12, 2011
Kathleen McLaughlinThe New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that
it had received written notice of its failure to comply with NASDAQ's listing requirements.
MoreDuke Realty suffers loss on lower revenue
July 28, 2011
The Indianapolis-based real estate investment trust said it lost $29 million in its latest quarter, compared with a loss of
$42.4 million in the same time frame a year earlier.
MoreCeladon reports best 4th quarter in 5 years
July 28, 2011
IBJ StaffCeladon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year
ago, to $5.5 million.
MoreWellPoint profit falls but exceeds Wall Street expectations
July 27, 2011
J.K. WallIndianapolis-based WellPoint earned $702 million in the latest quarter after earning $722 million a year ago. It also raised
its full-year profit forecast.
MoreSimon Property results improve as U.S. retail sales advance
July 26, 2011
Bloomberg NewsIndianapolis-based Simon Property Group Inc. said funds from operations rose 20 percent in the second quarter as rents and
occupancies increased. The company raised its forecast for the year.
MoreLilly stock rises after drugmaker reports higher sales
July 21, 2011
Investors responded favorably Thursday to Eli Lilly and Co.’s surprisingly strong second-quarter revenue, even though
its profit fell due to rapid spending on marketing and research.
MorePfizer won’t break up animal unit for potential Lilly bid
July 21, 2011
Bloomberg NewsPfizer Inc., the world’s biggest drugmaker, said it isn’t interested in breaking up its animal health unit after
Indianapolis-based Eli Lilly and Co. expressed interest in buying some of its products.
MoreITT Educational continues enrollment, profit slide
July 21, 2011
IBJ StaffIn the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7
percent. But the company posted strong earnings per share by continuing to buy back shares.
MoreLilly profit falls, but forecast rises after second quarter
July 21, 2011
J.K. WallSecond-quarter profit fell at Eli Lilly and Co., but the Indianapolis drugmaker beat the estimates of Wall Street analysts
by a penny per share and raised its full-year profit forecast by as much as 10 cents per share.
MoreEmmis' local radio stations get big lift from new ratings system
July 20, 2011
Anthony SchoettleDuring the quarter ended May 31, ratings at Emmis Communications' four local stations greatly outpaced other stations in the
market.
MoreEmmis reports larger quarterly loss, higher revenue
July 13, 2011
Scott OlsonFor the quarter ended May 31, Emmis suffered a loss of $4.5 million, or 12 cents a share, compared with a loss of $3.9 million,
or 10 cents a share, in the same period last year.
MoreCummins CEO Solso retiring at end of year
July 12, 2011
Associated PressCummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins
since 2000.
MoreSimon Property Group signs CEO to long-term contract
July 8, 2011
IBJ Staff and Bloomberg NewsIndianapolis-based Simon Property Group Inc. signed an employment agreement with CEO David Simon that will keep him as head
of the largest U.S. mall owner for the next eight years—and give him a one-time award worth $120 million.
MoreOutgoing CEO: After 'near-death experience,' CNO doing well
July 7, 2011
J.K. WallCEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he
said he's ready to step down now that the insurer is in good shape.
MoreLilly asks judge to reject U.K. Zyprexa case
July 5, 2011
Bloomberg NewsEli Lilly and Co., the Indianapolis-based drugmaker whose best-selling schizophrenia medicine Zyprexa survived a patent challenge
in Britain two years ago, has asked a United Kingdom judge to reject a parallel lawsuit by a generic drug company.
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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!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.