Public Companies

Barron's enthrones Simon among world's best CEOs

March 25, 2013
Mason King
Already one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping company with the likes of Warren Buffett, Amazon's Jeff Bezos and Larry Page of Google.
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ExactTarget stock sluggish 1 year after IPO, but analysts bullish

March 22, 2013
Dan Human
Analysts remain bullish on the Indianapolis-based email marketing firm despite its sluggish stock price, due to the company's strong revenue and aggressive investment in research and acquisitions.
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Hillenbrand CEO Camp to step down in September

March 21, 2013
Associated Press
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
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With TV business ‘forever changed,’ HHGregg retoolsRestricted Content

March 16, 2013
Greg Andrews
CEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
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Hurco names new president

March 15, 2013
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
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Baldwin to move HQ to Carmel, add 133 jobs

March 4, 2013
J.K. Wall
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
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Republic Airways pulls out of earnings dive

February 28, 2013
 IBJ Staff
Restructuring efforts at Republic Airways Holdings spurred the regional airline operator to a fourth-quarter profit of $12.6 million, or 25 cents per share, the company announced Wednesday.
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LEADING QUESTIONS: Mainstreet CEO masters efficiency

February 27, 2013
Mason King
LQ_Turner_WatchVideo MainstreetWhat are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.
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Market's surge fuels wave of executives' insider sellingRestricted Content

February 23, 2013
Kathleen McLaughlin
Insiders at Indianapolis-area companies cashed in millions of dollars of their own companies’ shares this month, a selling spree that might reflect growing sentiment the market rally is ending.
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Angie's List shares soar on first-ever quarterly profit

February 14, 2013
Chris O'Malley
Shares of Angie's List shot up 26 percent, or $3.65 a share, in trading late Thursday morning as its latest quarterly report showed vastly improved results and indicated the firm might have turned the corner.
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American, US Airways to merge, create world's biggest carrier

February 14, 2013
Associated Press
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
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Angie's List turns corner on profitability

February 13, 2013
Chris O'Malley
Indianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings service's first profitable period since its 1995 founding.
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WellPoint shares tumble on surprising CEO hire

February 13, 2013
J.K. Wall
The Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly named career hospital executive Joe Swedish to be its next CEO.
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Calumet's 2012 profit rockets to $205.7 million

February 13, 2013
Dan Human
An acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based company reported Wednesday morning.
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CNO Financial boosts fourth-quarter profit

February 11, 2013
The Carmel-based holding company for insurance firms reported fourth-quarter 2012 net income of $101.2 million, or 41 cents a share. That was a 57 percent jump over the same quarter in 2011.
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Firm's Klipsch purchase hasn't rocked Wall StreetRestricted Content

February 9, 2013
Dan Human
Voxx International Corp.’s $166 million buyout of Indianapolis-based speaker maker Klipsch Group two years ago so far hasn’t generated the excitement on Wall Street that Voxx wants.
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Finish Line exec resigns after website redesign debacle

February 5, 2013
Anthony Schoettle
Less than three months after a disastrous launch of a newly designed website that cost the retail company $3 million in sales, The Finish Line Inc. has parted ways with its chief digital officer.
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Zimmer highly exposed to health-reform risk

January 28, 2013
J.K. Wall
Shares of Zimmer Holdings Inc. have generated impressive returns of 23 percent in the past year and some 2013 product launches could juice those results even further. But the Warsaw-based maker of orthopedic implants is also the most-exposed company in its industry to two key elements of health care reform: the medical device tax and bundled payments.
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Once-thriving drug lab in turnaround modeRestricted Content

January 26, 2013
J.K. Wall
Two years ago, executives at AIT Laboratories “took their eye off the ball,” and watched the company’s business plummet 29 percent in value. Now, after two years of turmoil, the drug-testing lab says it’s poised to return to the double-digit rates of growth that made it a local star.
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Tool-maker Hurco makes headway after tough stretchRestricted Content

January 26, 2013
Dan Human
The company, which develops computer-controlled equipment for cutting and forming metal, made progress in fiscal 2012 toward restoring profitability to pre-recession levels.
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ExactTarget stock finishes year in positive territoryRestricted Content

January 12, 2013
The marketing software maker that went public in March is ahead of its offering price even as it suffers because of some competitors' woes.
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Analysts: ITT's woes are likely to worsenRestricted Content

January 12, 2013
J.K. Wall
Investors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
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SKARBECK: Value investors tempted by HHGregg valuationsRestricted Content

January 12, 2013
Ken Skarbeck
A fascinating case study can be found in the divergent fortunes of locally based HHGregg and Texas-based Conn’s Inc.
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PROXY CORNER: Horizon Bancorp

January 5, 2013
 IBJ Staff
Horizon Bancorp, 515 Franklin Square, Michigan City, Ind. 46360, operates as Horizon Bank and Heartland Community Bank.
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2012 NEWSMAKER: CEO keeps Simon stock surging

December 28, 2012
 IBJ Staff
If there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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