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Stock Market
Stocks hammered by weak earnings reports
October 23, 2012
Associated PressStocks sank sharply Tuesday morning, driving major indexes to their lowest point since early September, after big-name companies
reported weak quarterly earnings and lowered their expectations for the rest of the year.
MoreAnalysis: In a crummy economy, why are stocks rising?
September 15, 2012
Associated PressEconomic growth is pitiful. So why are the major stock indexes just a few percentage points shy of an all-time record? Start
with two words: Ben Bernanke.
MoreStocks open higher day after Federal Reserve move
September 14, 2012
Associated PressStocks opened higher Friday, on track to record one of their best weeks since June, after the Federal Reserve stepped in again
to help the disappointing economic recovery.
MoreRegional investing conference heavy on Indiana banks
July 14, 2012
Event organizers say Wall Street isn't the only place to drum up interest in stocks.
MoreMainstreet Property affiliate stages $110M IPO
June 20, 2012
IBJ StaffMainstreet owns 18 percent of HealthLease Properties Real Estate Investment Trust, which sold 11 million shares of stock at
$10 each. The stock began trading Wednesday morning on the Toronto Stock Exchange under the ticker HLP.UN.
MoreAnalysts say Angie's List on path to profitability
June 16, 2012
Chris O'MalleyIndianapolis-based Angie's List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the
company that offers consumer-written reviews of service providers is on track to become profitable in 2014.
MoreU.S. stock market plunges after dismal jobs report
June 1, 2012
Associated PressA dismal U.S. jobs report and other evidence of a global economic slowdown clobbered U.S. stocks Friday.
MorePacers 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.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.