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Public Companies
PROXY CORNER: Noble Roman's Inc.
September 4, 2010
IBJ StaffNoble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
MoreRepublic Airways lands $110,000 in federal penalties
September 3, 2010
Chris O'MalleyFederal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and
Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.
MoreEquity firm withdraws support for revised Emmis deal
August 30, 2010
Scott OlsonA Monday morning announcement from Alden Global Capital puts CEO Jeff Smulyan's efforts to take Emmis private in real jeopardy.
His attempts to sway preferred shareholders already have failed five times.
MoreEndocyte's $86M IPO plan a boon for Indiana, investors
August 28, 2010
Greg AndrewsVenture capitalists in Indiana and nationally have thrown money at the company with abandon. Local investors include CID Capital,
Clarian Health Ventures and the Indiana Future Fund.
MoreStrong Shoe Carnival profit beats estimates
August 26, 2010
Sales of toning footwear helped the Evansville-based company post record earnings in its fiscal second quarter.
MoreCancer drug developer Endocyte files for IPO
August 18, 2010
Scott OlsonThe company, headquartered at Purdue Research Park, said the number of shares to be offered and their price range have yet
to be determined.
MoreSteak n Shake parent sees profit, revenue rise
August 16, 2010
Scott OlsonBiglari Holdings Inc. said revenue in the quarter rose 9.4 percent over the year-ago period and same-store sales increased
by 7.5 percent
MoreWill third time be a charm for Emmis?
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.
MoreEli Lilly loses patent lawsuit for Strattera
August 13, 2010
IBJ Staff and Associated PressEli Lilly and Co. on Thursday lowered its revenue outlook for the year after it lost a patent lawsuit over its attention
deficit hyperactivity drug Strattera. The patent had been set to expire in May 2017. Lilly plans to appeal.
MoreAIG sells American General unit to Fortress at loss
August 11, 2010
Bloomberg NewsAmerican International Group Inc. has agreed to sell a majority stake in its Evansville-based consumer lending unit, getting
rid of an operation that posted about $1.7 billion in operating losses since 2008 and accumulated more than $17 billion in
debt.
MoreFinishMaster reports lower sales, profit
August 11, 2010
The Indianapolis-based distributor of automotive paints and accessories reported that its second-quarter profit dipped nearly
2 percent, to $3.7 million, from the same period a year earlier.
MoreNoble Roman's quarterly profit, revenue slips
August 11, 2010
IBJ StaffNoble Roman’s Inc. profit and revenue slipped in the second quarter as fewer of its traditional Noble’s Pizza
and Tuscano’s Italian Style Subs stores were operating.
MoreSteak n Shake parent postpones meeting amid pay uproar
August 10, 2010
Scott OlsonSan Antonio-based Biglari Holdings Inc. said late Monday it will delay a planned Aug. 24 shareholder meeting to give the company
time to
address "misinformation" regarding its CEO's controversial pay package.
MoreWellPoint boosts debt offering to $1 billion
August 9, 2010
Bloomberg NewsProceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
MoreCourt defeat lost in Lilly's gloomy long-term outlook
August 9, 2010
J.K. WallEli Lilly and Co.'s loss of a patent on one of its blockbuster drugs in court late last month received a collective yawn
from
investors, who have shunned the stock because of five looming patent expirations.
MoreArcadia sees smaller loss, extends WellPoint pact
August 9, 2010
IBJ StaffIndianapolis-based health care firm reaches agreement to offer its DailyMed product to more WellPoint Inc. health plan members.
MoreFinish Line founders giving up their extra voting power
August 7, 2010
Greg AndrewsThe influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
MoreNew store openings drive HHGregg profit
August 5, 2010
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million
in profit.
MoreKite Realty Group reports lower funds from operations
August 5, 2010
Scott OlsonIndianapolis-based developer said the loss reflected slower construction activity and lower profit on land and outlet sales.
Occupancy at its retail centers increased, however, to 91 percent.
MoreBrightpoint boosts revenue, profit
August 5, 2010
IBJ StaffBrightpoint Inc. on Wednesday reported second-quarter revenue of $788.6 million as the Indianapolis company continued to grow
its share of the wireless device distribution business.
MoreSmulyan considering another option to take Emmis private
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.
MoreHillenbrand profit falls on acquisition costs
August 4, 2010
IBJ StaffExcluding acquisition costs, the Batesville-based maker of caskets exceeded Wall Street forecasts with earnings of $28.1 million.
MoreCalumet see smaller loss in second quarter
August 4, 2010
IBJ StaffThe Indianapolis-based owner of oil refineries lost $907,000 in the three months ended June 30. In the same quarter last year,
the company lost $26 million.
MoreRepublic Airways profit dips despite higher revenue
August 4, 2010
IBJ StaffThe 2009 acquisition of Frontier and Midwest airlines more than doubled second-quarter revenue for Indianapolis-based Republic
Airways Holdings Inc., the company said late Tuesday, but profit fell because of additional expenses.
MoreRevenue, earnings up for KAR Auction Services
August 4, 2010
IBJ StaffThe company had revenue of $470 million in the quarter ended June 30, a 7-percent increase over the $439.1 million it reported
in the same quarter of 2009.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.