Stock Market
Pacers owner teams with Smulyan to buy Emmis stock
May 21, 2012
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications
Corp. at no more than $2 apiece.
MoreEmmis shares again escape NASDAQ delisting
May 16, 2012
The NASDAQ exchange notified the Indianapolis-based company on Tuesday that its stock avoided delisting after shares traded
above $1 for 10 consecutive trading days. Emmis has been in danger of losing its NASDAQ status for several years.
MoreAngie’s List prices shares at $13 for stock offering
May 16, 2012
Scott OlsonThe Indianapolis-based company said it plans to sell 8.4 million shares, most of them held by current stockholders.
MoreOil refiner Calumet unleashes $150M stock offering
May 12, 2012
Kathleen McLaughlinWith its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled
out plans to sell another 6 million shares of stock, raising more than $150 million.
MoreNoble Roman's top investor loses Green Mountain chair
May 9, 2012
Bloomberg NewsGreen Mountain Coffee Roasters Inc. has stripped founder Robert P. Stiller of his position as chairman after he sold shares
to meet a margin call at a time when the company’s trading policies prohibited such sales.
MoreAngie’s List files to sell $75 million in stock
May 2, 2012
The offering could include up to $75 million of its common stock, including $10 million to be sold by the company and the
rest by shareholding officers. Most of the funds will be used to finance an ongoing advertising campaign, Angie's List said
in its filing.
MoreEmmis gains extension on NASDAQ listing
April 27, 2012
Jeff NewmanEmmis Communications Corp. shares will remain listed on the NASDAQ exchange at least until Aug. 27 under an extension granted
by the well-known stock index.
MorePreferred-shareholder group sues Emmis over restructuring
April 17, 2012
Anthony SchoettleA group of Emmis Communications Corp. preferred shareholders, unhappy with a company proposal that would strip them of their
right to collect millions of dollars in dividends, filed a lawsuit against the Indianapolis media firm Monday to try to prevent
the move.
MorePoison pills remain as Lilly shareholder vote falls short
April 16, 2012
J.K. WallThe proposal garnered support from the owners of 62 percent of Eli Lilly's outstanding shares. To pass, the proposal needed
approval from the owners of 80 percent of Lilly’s shares.
MoreS&P completes biggest first-quarter rally since 1998
March 31, 2012
Bloomberg NewsMore than $3.6 trillion has been restored to U.S. equity values since October amid better-than-estimated earnings and economic
data. Indianapolis-based WellPoint Inc. surged 11 percent this week, as the Supreme Court debated the health care law.
MoreDynamics in place to mint public companies aplenty
March 17, 2012
Greg AndrewsIndianapolis attorneys say numerous local private firms are on the IPO sidelines, mulling whether to try to capitalize on
the strengthening economy and improving investor appetite for new issues.
MoreAnalysts lukewarm to Allison ahead of market debut
March 14, 2012
IBJ Staff and Bloomberg NewsShares of Allison Transmission Holdings Inc. are expected to begin trading Thursday, but the early reaction to the IPO from
analysts is lukewarm. The locally based company’s private-equity owners are offering 21.7 million shares for $22 to
$24 apiece, which could raise as much as $522 million.
MoreEmmis plans to appeal looming NASDAQ delisting
March 5, 2012
IBJ StaffEmmis Communications Corp. has failed to comply with requirements to remain on the NASDAQ exchange, but the Indianapolis-based
media firm said it plans another attempt to avoid being delisted from the well-known stock index.
MoreExactTarget's IPO plan could draw out suitors
January 28, 2012
Greg AndrewsFirms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps
investment bankers assess how they should price shares if they pull the trigger on an offering.
MoreEndocyte stays course despite being battered by investors
December 31, 2011
J.K. WallAfter spending most of 2011 as a Wall Street darling, the year ended ugly for Endocyte Inc. But CEO Ron Ellis thinks the West
Lafayette-based drug developer is in better position than ever.
MoreInvestment adviser Hauke agrees to plead guilty in $7M fraud
December 13, 2011
Greg AndrewsProsecutors accused Hauke of losing millions on Michigan real estate investments, then hiding those losses from clients.
MoreBiglari set to make big move on Cracker Barrel
December 9, 2011
Associated PressCracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak
n Shake, is seeking a seat on the company's board of directors.
MoreExactTarget has remade itself since last IPO bid
December 3, 2011
Greg AndrewsThings change so fast in the technology world that the prospectus ExactTarget Inc. filed four years ago when it first sought
to go public reads today almost like something from the floppy-disk era.
MoreVenture firm set to score on Angie's List, Groupon IPOs
November 17, 2011
Bloomberg NewsBattery Ventures’ investments in Angie’s List Inc. and Groupon Inc. have produced more than $440 million in paper
profit after the Internet-commerce companies sold shares to the public this month.
MoreAngie’s List stock surges after shares hit market
November 17, 2011
IBJ Staff and Bloomberg NewsAngie’s List Inc. shares rose as much as 44 percent in their trading debut Thursday after the company raised $114 million
Wednesday in its initial public offering. The stock closed the trading day up more than 25 percent, at $16.26 per share, after
rising as high as $18.75 early in the morning.
MoreUgly end to historic October on Wall Street
November 1, 2011
Associated PressStocks had their best month in almost a decade, rising from their low point of the year in an almost uninterrupted four-week
rally. But the finish sure was ugly.
MoreStocks surge on European debt deal, GDP growth
October 27, 2011
Associated PressThe Dow Jones industrial average surged nearly 340 points Thursday after European leaders agreed on a deal to slash Greece's
debt load and prevent the crisis there from engulfing larger countries like Italy.
MoreNASDAQ set to remove EnerDel parent from exchange
October 26, 2011
IBJ StaffNew York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from
the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
MoreCracker Barrel battling to keep Biglari at bay
October 15, 2011
Greg AndrewsCracker Barrel Old Country Store Inc. has rejected Biglari’s request that directors appoint him and business partner
Phil Cooley to the board. It also has rolled out a “poison pill” plan that would deter outside investors from
taking over the business without negotiating with the board first.
MoreFear about world economy sends markets lower
September 22, 2011
Associated PressStocks opened sharply lower Thursday, extending a rout around the world. Indicators across the financial markets suggested
investors were frightened that the global economy is in for a long slump.
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
IBJ Featured Advertisers
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...