Shareholders

Kite Realty to engineer 1-for-4 reverse stock split

July 22, 2014
Mason King
The move will hike the real estate firm's stock price, combining every four shares into a single share. Kite officials hope a double-digit price will give shares a more stable foundation and an image makeover.
More

Old National scoops up Lafayette Savings Bank for $42M

June 4, 2014
 IBJ Staff
The purchase of LSB Financial Corp., parent of Lafayette Savings Bank, will add $366 million in assets and five branches to Old National's portfolio.
More

Shares of Simon spinoff dip in early trading

May 29, 2014
 IBJ Staff
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
More

Washington Prime shares set stage for NYSE debut

May 28, 2014
 IBJ Staff
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
More

Shares of Simon Property spinoff to begin trading

May 27, 2014
Washington Prime Group Inc., listed under the "WPG" ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
More

Kite paying $1.2B for rival real estate developer

February 10, 2014
 IBJ Staff
Kite Realty Group Trust will remain in Indianapolis after the purchase, which will balloon its holdings to 131 properties covering 20 million square feet of shopping center space in 26 states.
More

Angie's List business model faces new heatRestricted Content

February 8, 2014
Chris O'Malley
At least two investor lawsuits note that the company now generates the vast majority of its revenue from the service providers it's paying members to review.
More

Cummins posts strong 4Q results to boost slower year

February 6, 2014
 IBJ Staff
The Columbus-based engine maker recorded a 7-percent increase in profit, but full results for 2013 lagged behind 2012.
More

Weak sales lead HHGregg to post smaller profit

January 30, 2014
Scott Olson
Shares of the Indianapolis-based retailer had fallen 18 percent by early afternoon Thursday, after the firm reported slumping sales and profit in its latest quarter.
More

Simon amends plan for CEO's controversial $154M bonus

January 3, 2014
Mason King
Simon Property Group has tied CEO David Simon's $154 million retention bonus to the financial performance of the company, but plaintiffs in a related legal action are not satisfied.
More

Angie's List hit with shareholder suit

December 24, 2013
Chris O'Malley
The complaint charges the company and executives with misrepresenting the strength of the Indy-based firm's business model, financial performance and future prospects.
More

Spinoff firm with Carmel HQ plans to hire 150

December 2, 2013
 IBJ Staff
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
More

Fee push helping banks overcome low interest ratesRestricted Content

November 9, 2013
Chris O'Malley
Two Indiana-based banks showed up on a national ranking of best non-interest income as a percentage of operating revenue: Evansville-based Old National Bancorp and South Bend’s 1st Source Corp.
More

Strategist: Get ready for steady economic growth

October 30, 2013
Norm Heikens
Forecast 2014 Watch
                           video iconBusinesses will begin using their profits and horded cash to reinvest in themselves in 2014, helping push economic growth back to a more comfortable 2.5 percent, according to John Augustine, chief market strategist for Fifth Third Bank.
More

Allison stock slips after owners reveal plan to sell shares

August 6, 2013
 IBJ Staff
The primary investors in Allison Transmission Holdings Inc. are looking to lock in profits by unloading 16.6 million shares of the company for more than $350 million.
More

Salesforce slow to excite investors after $2.5B buyout of ExactTarget

June 10, 2013
Dan Human
Shares 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.
More

ExactTarget option gains approach $300MRestricted Content

June 8, 2013
Dan Human
xactTarget 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.
More

ExactTarget sale caps success story; CEO mum on Indy work force

June 4, 2013
Greg Andrews, Dan Human, Bloomberg News
ExactTarget 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.
More

Firms ladle trips, car allowances on top of rich pay packagesRestricted Content

May 18, 2013
Dan Human
Senior 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.
More

Interactive Intelligence shares soar after forecast upgrade

May 7, 2013
Dan Human
The 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.
More

Lilly on the rise as investors run back to pharma stocks

April 22, 2013
J.K. Wall
Investors 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.
More

Local REITs charge ahead of pack in bull market

March 27, 2013
Scott Olson
Indiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually hardy and suddenly hot sector.
More

Remy International getting prepared for another attempt at IPO

September 27, 2012
Scott Olson
The 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 winRestricted Content

September 8, 2012
Greg Andrews
The 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.
More

Bounty on Braly? $1.4 billion

September 4, 2012
J.K. Wall
Investors 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.
More
Page  1 2 3 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  2. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  3. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  4. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

  5. I live downtown Indy and had to be in downtown Chicago for a meeting. In other words, I am the target demographic for this train. It leaves at 6:00-- early but doable. Then I saw it takes 5+ hours. No way. I drove. I'm sure I paid 3 to 5 times as much once you factor in gas, parking, and tolls, but it was reimbursed so not a factor for me. Any business traveler is going to take the option that gets there quickly and reliably... and leisure travelers are going to take the option that has a good schedule and promotional prices (i.e., Megabus). Indy to Chicago is the right distance (too short to fly but takes several hours to drive) that this train could be extremely successful even without subsidies, if they could figure out how to have several frequencies (at least 3x/day) and make the trip in a reasonable amount of time. For those who have never lived on the east coast-- Amtrak is the #1 choice for NY-DC and NY-Boston. They have the Acela service, it runs almost every hour, and it takes you from downtown to downtown. It beats driving and flying hands down. It is too bad that we cannot build something like this in the midwest, at least to connect the bigger cities.

ADVERTISEMENT