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Share prices
Shares fall after Lilly earnings report
April 19, 2010
J.K. WallLilly shareholders are set to gather Monday in Indianapolis to hear an update on the company’s performance, including
how it will keep paying its generous dividend during the lean years after Zyprexa’s patent expiration.
MoreCan Lilly afford to maintain its dividend?
April 17, 2010
J.K. WallAs shareholders gather April 19 for Eli Lilly and Co.'s annual meeting, more of them than ever will come with an unusual question:
Will Lilly be able to keep paying its dividend?
MoreBiglari's comparisons to Buffett debated
April 17, 2010
Cory SchoutenSardar Biglari has copied some of the trademarks of his investing idol, Warren Buffett, including a folksy annual letter to
shareholders. But Biglari is just starting his career and already is showing signs of taking a different approach than that
of the Oracle of Omaha.
MoreInteractive Intelligence performance lifts CEO's pay
April 15, 2010
Peter SchnitzlerCEO Donald Brown saw a 32.4-percent increase in total compensation last year as the software-maker's shares soared 169
percent.
MoreReport: Simon may drop General Growth bid
April 12, 2010
Bloomberg NewsShares in General Growth Properties Inc., the second-biggest U.S. mall owner, fell as much as 6.7 percent Monday morning after
a newsletter report that Simon Property Group Inc. may abandon a takeover bid for its smaller rival.
MoreLilly Endowment's assets drop more than foundation peers
March 24, 2010
Andrea Muirragui DavisOnce the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
MoreMarket surge doesn't lift Lilly Endowment
March 6, 2010
Kathleen McLaughlinLilly Endowment's resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
MoreRepublic stock falls following departure of Frontier exec
February 13, 2010
Chris O'MalleyCEO Bryan Bedford remains at the helm, but shares of Republic Airways have fallen nearly 30 percent following the departure
of an executive deemed key to the operation
of the regional airline’s first two branded carriers, Frontier Airlines and Midwest Airlines.
MoreNew emissions standards drive up Cummins profit
February 2, 2010
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won't have to conform to new emission standards.
MoreWall Street likes wobble on health reform
January 20, 2010
J.K. WallWith the stunning victory of Republican Scott Brown in the Massachusetts election for U.S. Senate, Wall Street analysts
expect to see a "run" on health care stocks.
MoreUPDATE: Steak n Shake plan makes 'perfect sense' to investment pro
December 15, 2009
Scott Olson, Cory SchoutenThe Steak n Shake Co.’s unusual plan to initiate a reverse stock split has the support of at least one local investment
adviser,
if in fact the company’s CEO is attempting to model it after Warren Buffett’s holding company, Berkshire Hathaway.
MoreSteak n Shake plans 20-1 reverse stock split
December 15, 2009
Cory SchoutenThe Steak n Shake Co., in an unusual gambit, plans to initiate a reverse stock split that would reduce its number of shares
outstanding from almost 29 million to just 1.4 million and boost its per-share price from roughly $12 to $240.
MoreChallenges remain for Emmis despite NASDAQ save
October 27, 2009
IBJ StaffShares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company's listing on the NASDAQ stock exchange, but big challenges remain for the locally
based owner of radio stations and magazines.
MoreEmmis stock closes at $1.53, avoids delisting
October 26, 2009
IBJ StaffShares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company's listing on the NASDAQ stock exchange.
MoreUncertainty over drug pipeline sends Lilly shares down
October 21, 2009
J.K. WallFor the first time publicly, Eli Lilly and Co. officials admitted the obvious: Their pipeline products
aren't likely to offset the revenue the company will lose after its two bestsellers, Zyprexa and Cymbalta, lose patent exclusivity.
MoreOld National prices offering at $10 per share
September 23, 2009
Scott OlsonEvansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company
stock at $10 per share.
MoreWellPoint insiders sell stock at right time
September 12, 2009
IBJ StaffTake the money while it’s there. That’s what a handful of insiders at WellPoint Inc. decided in
the past month as they sold off nearly 150,000 company shares for gains of more than $3 million.
MoreCummins' stock rises despite lower revenue, profit
July 30, 2009
Cummins Inc.'s stock jumped more than 6 percent in morning trading after its quarterly results
beat analyst estimates.
MoreWellPoint stock falls despite quarterly profit
July 29, 2009
J.K. WallWellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits
but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment
losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
MoreConseco shares jump after profit report
July 29, 2009
J.K. WallShares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based
insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
MoreKite Realty misses out on REIT revival
July 13, 2009
Cory SchoutenKite Realty Group Trust has stuck pretty closely to the REIT recession playbook: Renegotiate debt, sell new shares, cut
dividends, and set the development engine to idle. But as the shares of most publicly traded real estate
investment trusts have bounced back from the lows in March, Kite’s shares have lagged.
MoreBoard battle brewing at Bioanalytical
June 29, 2009
IBJ StaffWest Lafayette-based life sciences contract research firm Bioanalytical Systems Inc. has five directors on its board. If company
founder Pete Kissinger has his way, four of them will soon be replaced.
MoreActivist shareholder makes case against Conseco's board
May 11, 2009
J.K. WallAn activist shareholder vying to become a director of Conseco Inc. says the insurance company's board "completely misjudged"
the risks it faced when it emerged from bankruptcy in 2003 and hasn't recovered since. Now an independent shareholder advisory
firm is siding with him.
MoreREITs get boost, not scorn, for selling cheap shares
May 11, 2009
Greg AndrewsHere's more evidence we're in strange times: Indianapolis' real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
MoreBioanalytical Systems founder fights to be heard
May 4, 2009
Peter SchnitzlerIt took Pete and Candace Kissinger 33 years to build West Lafayette-based Bioanalytical Systems Inc. into one of the largest
contract research firms in Indiana's life science sector. It took just a year and a half for them to turn against the company's
new management.
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I'd rather the state keep my $7 instead of sending $3 to me and $4 to some attorney.
Hey Horace, I totally support your right for freedom of religious expression as well as your right to take this class. BUT I do believe this class should be presented as part of a religion curriculum and not as a science course.
Gob Bluth
Scotty's Lakeside at Geist was SO much better than this new Detour. We enjoyed the family nights, atmosphere, food and selection of local beers at Scotty's Lakeside. The new Detour has a lower level of service and we were not impressed with the food and beer selections. Would love to have Scotty's Lakeside back!!!
I have only been to The Precedent Scotty's location, but food and service have been consistently good and they are always packed. I'd love to say 'good-bye' to Detour(big babies). Since that area is built and intended to a mix of residential and business, there should not be any kind of noise level that would disturb any of the homeowners or patrons nearby. I've been to Detour only once (all it takes for me) and the food was so-so and overpriced and the service was under-par. Keep on trucking Mr. Wise!