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.
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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.
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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.
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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.
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September 27, 2012
Scott OlsonThe Pendleton-based auto-parts manufacturer is offering 40,000 shares to employees and immediate family members to boost its
number of stockholders before a broader public offering.
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September 8, 2012
Greg AndrewsThe Indiana Business Corporation Law—enacted to help Hoosier companies fight off a wave of attacks by corporate raiders—gives
boards of directors unusually broad authority to exercise judgment as they see fit.
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September 4, 2012
J.K. WallInvestors who called strongly for the head of WellPoint Inc. CEO Angela Braly got what they wanted last week. In response,
they bid up WellPoint's share price by $1.4 billion on the day after she resigned.
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August 11, 2012
Ken SkarbeckA new book, “The Shareholder Value Myth,” by Cornell law professor Lynn Stout, is ruffling feathers in the field
of corporate governance.
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August 8, 2012
Bloomberg NewsThe board of the largest U.S. shopping-mall owner wrongfully authorized a compensation package for CEO David Simon that included
$120 million in special stock awards, a Louisiana pension fund claimed in the lawsuit filed Wednesday.
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July 31, 2012
IBJ Staff and Bloomberg NewsInvestors asked U.S. District Judge Sarah Evans Barker in Indianapolis for an order blocking a special meeting at which Emmis
shareholders will be asked to approve bylaw changes wiping out more than $34 million in accrued and unpaid preferred stock
dividends.
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June 30, 2012
Greg AndrewsJeff Smulyan has been considering a new plan to buy out other Emmis Communications Corp. shareholders—a deal that could
clear the way for him to finally take the Indianapolis media company private. But Emmis’ founder and CEO insists he
has no plans to do so.
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June 9, 2012
Greg AndrewsSale to managers would alleviate problems for company's 70-year-old namesake and keep firm from being seized by bank.
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May 21, 2012
Shareholders of Simon Property Group Inc. sent a resounding message to the company that they don't approve of a $120 million
retention award given to CEO David Simon.
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May 15, 2012
J.K. WallA mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and
some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s
political spending.
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May 7, 2012
Cory SchoutenSimon Property Group Inc. is firing back at a corporate governance advisory firm that has recommended Simon shareholders vote
against an employment agreement for CEO David Simon that includes a $120 million retention award.
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April 2, 2012
Scott Olson, Cory SchoutenEmmis Communications Corp.'s effort to strip its preferred shareholders of their rights and avoid forking over about $10
million in unpaid dividends is drawing sharp criticism from top market observers, including a columnist for The New York
Times.
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March 6, 2012
J.K. WallEli Lilly and Co.'s board is once again recommending the removal of a provision that makes the company an almost impossible
target for hostile takeovers. The same proposal has fallen slightly short at each of the past two annual shareholder meetings.
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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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May 17, 2011
J.K. WallShareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for
the right to weigh in annually on future executive compensation.
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April 12, 2011
Scott OlsonInteractive Intelligence Inc. will ask shareholders at its next annual meeting to vote on a proposal to reorganize the software
firm under a new holding company called Interactive Intelligence Group Inc.
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October 1, 2010
Cory SchoutenThe parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing
shareholder approval of the plan at a rescheduled special meeting.
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September 9, 2010
Scott OlsonEmmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in
his attempt to purchase the company and take it private.
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September 8, 2010
A Wednesday evening shareholders meeting has been postponed until Thursday at 8:30 a.m., when the Emmis CEO again will try
to take the company private.
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August 13, 2010
Scott OlsonEmmis shareholders are set to vote again Friday night on taking the company private, but the proposal could be in jeopardy
if a deal is not reached
soon, says one investment expert.
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August 4, 2010
Scott OlsonThe communications company said in a news release that CEO Jeff Smulyan is continuing to negotiate with a group of preferred
shareholders
and is considering another buyout option that would not require their consent.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.