May 5, 2012
Cory SchoutenSimon Property Group Inc. this year joined the Standard & Poor’s 100 Index, a listing of the nation’s largest
and most established companies including Apple, Coca-Cola and McDonald’s. The Indianapolis-based company is the only
real estate company on the list and is now the largest real estate company in the world.
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April 2, 2012
J.K. WallWall Street's favorable reaction came not only because harsh questioning by the U.S. Supreme Court’s conservative
justices put in doubt the health reform law’s mandate that all Americans buy health insurance, but also because the
justices raised the possibility that they would strike down requirements that insurers accept all customers, regardless of
health.
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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.
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February 22, 2012
Scott OlsonThe Indianapolis-based company should post a loss of 11 cents per share when it reports its first earnings as a public company
on Wednesday afternoon. But at least one analyst is upbeat about its long-term prospects.
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December 31, 2011
J.K. WallAfter spending most of 2011 as a Wall Street darling, the year ended ugly for Endocyte Inc. But CEO Ron Ellis thinks the West
Lafayette-based drug developer is in better position than ever.
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December 19, 2011
Scott OlsonThe investors are concerned Emmis will gain voting rights to two-thirds of the preferred shares and that it would use that
clout to get out of paying millions of dollars in dividends.
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November 30, 2011
Bloomberg NewsAngie’s List Inc. fell 9.2 percent on Tuesday, dropping below its initial public offering price for the first time and
joining a crop of Internet companies that have lost value since their IPOs this year.
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November 5, 2011
Greg AndrewsInvestors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office
buildings for $1.1 billion.
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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.
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September 3, 2011
Cory SchoutenKite Realty Group Trust says leasing activity is up, debt maturities are under control, and new retail developments could
boost operating income this year an impressive 17 percent. Yet shares in the locally based firm still fail to excite investors.
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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.
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May 28, 2011
J.K. WallExecutives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's
Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three
years ago. With searchable database.
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May 26, 2011
IBJ StaffIndianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased
sales at retail locations operating for more than a year.
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May 14, 2011
Greg AndrewsIs it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted
thousands of millionaires?
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May 7, 2011
Cory SchoutenHHGregg Inc. continues to plow into new markets, opening an average of one store a week, even as Wall Street is feeling less
gung-ho about the prospects for such a fast-growing brick-and-mortar electronics chain.
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May 7, 2011
Chris O'MalleyShares of Endocyte Inc. have doubled since the company’s initial public offering in February—even though the common
wisdom is it won’t see sales from its first cancer drug until 2014.
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April 2, 2011
Chris O'MalleyShares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of
$14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,”
or CaaS.
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March 5, 2011
Cory SchoutenExecutives and directors at several Indiana public companies took advantage of market strength in February to pare back their
stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
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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.
More
January 13, 2011
J.K. WallEmmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively
pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares
gained another 13 percent on Thursday.
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November 26, 2010
Bloomberg NewsShares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public
in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
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November 7, 2010
IBJ StaffEmmis Communications Corp. spent much of last year in danger of being delisted from the NASDAQ stock exchange. Now, it's back
in the same precarious position.
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October 12, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. and competing U.S. health insurers approved $10 billion in stock repurchases in the past
year, a concern to investors who say buybacks failed to increase share prices and who want more spent on dividends.
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August 3, 2010
J.K. WallOpposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
More
July 29, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
More
Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...