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Share prices
Dan Laikin on sidelines as others admit guilt in stock-manipulation scheme
April 27, 2009
Greg AndrewsCarmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.
MoreDuke upends growth plan, focuses on paying debt
March 16, 2009
Greg AndrewsIn this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
MoreMall giant says it's in good shape, but takes steps to conserve cash
February 9, 2009
Cory SchoutenDespite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that
allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
MoreWellPoint shares suffer
December 29, 2008
J.K. WallIt was a bad year to be a shareholder of most companies. But the value of the Indianapolis-based health insurer's stock lost
more than 55 percent of its value during the year.
MoreIndians score $1.23 million profit
December 22, 2008
The Indianapolis Indians made $1.23 million this year on $8.7 million in revenue, according to the publicly traded company's
most recent financial disclosure.
MoreKite drops about 10 percent of its staff as retail market flounders
December 15, 2008
Cory SchoutenKite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
MoreBold bets on Hoosier firms yield horrific results so far
December 8, 2008
Greg AndrewsThe millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
MoreState public company execs grab up stock as prices fall
December 1, 2008
J.K. WallThe unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
MoreAnalyzing intrinsic value unearths some bargain stocks
December 1, 2008
Ken Skarbeckinvestors looking at business valuations likely will conclude there are companies selling at
prices less than their intrinsic values.
MoreSteak n Shake CEO ordering up cost cuts, but shares still sag
October 27, 2008
Cory SchoutenThe Steak n Shake Co. has dropped plans to build 20 new restaurants, is cutting overhead expenses by about $20 million, and closed 14 locations. The Indianapolis-based restaurant chain found $16 million in tax savings dating back to 2006 and is working on a new, simple menu built around burgers, fries and milkshakes--all part of a turnaround plan orchestrated by the chain's new CEO, Sardar Biglari.
Emmis' market value in free fall as radio industry takes beating
September 29, 2008
Anthony SchoettleFor more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis' stock has fallen 84 percent, shrinking the company's stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis' highest-profile businesses.
At most Indiana public firms, CEO pay hasn't fallen with stock
June 23, 2008
Peter SchnitzlerMost public companies say they tie executive compensation to performance, but an IBJ review of pay data from 65 Indiana-based
firms shows otherwise. Last year, more than two-thirds of Indiana-based public companies saw their share prices decline, yet
many continued to award eye-popping compensation to their executives.
MoreWellPoint 401(k) participants sue over decline in stock price
June 9, 2008
J.K. WallAngela Braly, Wayne DeVeydt and the rest of the top brass at WellPoint Inc. face wrath over the company's recent stock swoon
from a new group: ex-employees. Four former WellPoint workers have filed lawsuits against the Indianapolis-based health insurance
giant over the losses its 401(k) retirement plan suffered in March when the company slashed its profit forecast for the year.
MoreCeladon tries to reverse decline
December 24, 2007
Chris O'MalleyIn just over one quarter, shares of Celadon Group lost nearly half their value as profitable cargo got harder to find in a
slowing economy. The stock closed at $9.13 on Dec. 19, down from nearly $17 in late August.
MoreBig season for Indians' stockholders
November 26, 2007
Anthony SchoettleThe Indianapolis Indians are rewarding stockholders in the franchise following a season in which revenue and profit grew,
thanks to significant increases in ticket, concession and merchandise sales. The higher profit fueled a 75-percent dividend
increase this year and an increase of more than $6,500 in the franchise's standing offer to repurchase shares.
MoreEndowment's plan to diversify erodes one of Lilly's takeover safeguards
July 31, 2006
Peter SchnitzlerThe July 21 announcement by Lilly Endowment Inc. that it will reduce its holdings in Eli Lilly and Co. by $2 billion will
have enormous repercussions. It's meant to decrease volatility in the endowment's assets, but it also erodes one of Lilly's
key antitakeover provisions.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.