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Shareholders
Salesforce slow to excite investors after $2.5B buyout of ExactTarget
June 10, 2013
Dan HumanShares of the California-based cloud computing giant continue to lag after last week's announcement of its $2.5 billion offer
for Indy-based marketing powerhouse ExactTarget.
MoreExactTarget option gains approach $300M
June 8, 2013
Dan HumanxactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local
tech experts expect will launch a wave of entrepreneurship over the next several years.
MoreExactTarget sale caps success story; CEO mum on Indy work force
June 4, 2013
Greg Andrews, Dan Human, Bloomberg NewsExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion
buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000
employees.
MoreFirms ladle trips, car allowances on top of rich pay packages
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.
MoreInteractive Intelligence shares soar after forecast upgrade
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.
MoreLilly on the rise as investors run back to pharma stocks
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.
MoreLocal REITs charge ahead of pack in bull market
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.
MoreRemy International getting prepared for another attempt at IPO
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.
More'80s anti-takeover law helped sow Emmis win
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.
MoreBounty on Braly? $1.4 billion
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.
MoreSKARBECK: Does focus on stock prices hurt companies in long run?
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.
MoreSimon Property directors sued over CEO’s pay
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.
MoreEmmis shareholders fight bylaw changes on dividends
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.
MoreLawsuit: Smulyan angling for Emmis buyout
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.
MoreFortune buyout would help exec out of financial jam
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.
MoreShareholders vote disapproval of Simon's $120M bonus
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.
MoreActivists plan to protest WellPoint political giving at meeting
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.
MoreShareholder group advises against Simon CEO bonus pay
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.
MoreWall Street observers blast Emmis plan to ax preferred shares
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.
MoreLilly to try again to remove poison-pill provisions
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.
MorePreferred shareholders blocking Emmis’ repurchase plans
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.
MoreWellPoint approves annual 'say on pay' measure
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.
MoreSoftware firm seeks to reorganize as holding company
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.
MoreBiglari adjusts controversial pay proposal
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.
MoreUPDATE: Large debt load will continue to weigh on Emmis
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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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.