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Public Companies
Firms ladle trips, car allowances on top of rich pay packages
May 18, 2013
Dan HumanSenior 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.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe 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.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreAngie's List turning the corner?
May 4, 2013
Consumer rating service gets stock-price boost from better-than-expected revenue in first quarter.
MoreInvestment gains mask slowdown for insurer
May 2, 2013
J.K. WallThe bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty
insurer’s core business lost ground.
MoreInternational Paper to fold local plant, laying off 91
April 30, 2013
Mason KingThe shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
MoreShares of Angie's List, ITT skyrocket after reports
April 26, 2013
IBJ Staff and Associated PressIn the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie's List and ITT Educational
Services on Thursday shot to the top of the stock ticker.
MoreDow AgroSciences grows sales, earnings to new heights
April 25, 2013
Mason King, Bloomberg NewsRecord sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences
LLC in its new fiscal year.
MoreLilly on the rise as investors run back to pharma stocks
April 22, 2013
J.K. WallInvestors 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.
MoreReport: ExactTarget mulling 200-person Atlanta office
April 19, 2013
Dan HumanThe expansion by the Indianapolis-based digital marketer would follow its $95.5 million purchase last year of Atlanta-based
marketing automation firm Pardot.
MoreExpected revenue slump spurs Lilly to cut sales force
April 11, 2013
J.K. WallThe Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for
the loss of patent protection on two of its best-selling drugs.
MoreIndiana furniture maker to exit stock exchange
April 9, 2013
Mason KingThe board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided
to pull its shares from the New York Stock Exchange.
MoreWellPoint execs get double-digit pay bumps while stock falls
April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
MoreLilly to spend $180M doubling size of Indy plant
April 2, 2013
The new investment will bring the plant's total price tag to $320 million as the pharmaceutical giant seeks to increase production
of insulin and related products.
MoreCNO Financial to take $57M charge in first quarter
March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
MoreLocal REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MorePrinting firm to bring 360 jobs to Jeffersonville
March 26, 2013
IBJ StaffOhio-based Standard Printing says it will invest nearly $10 million to lease and renovate a 335,000-square-foot facility.
MoreCalumet goes back to market with public offering
March 26, 2013
IBJ Staff, Associated PressThe Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital,
acquisitions and possibly the redemption or repurchase of debt.
MoreSoftware maker plans 400 hires, including 250 in Indianapolis
March 25, 2013
Dan HumanInteractive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its
sales related to cloud data storage and management.
MoreBarron's enthrones Simon among world's best CEOs
March 25, 2013
Mason KingAlready 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.
MoreExactTarget stock sluggish 1 year after IPO, but analysts bullish
March 22, 2013
Dan HumanAnalysts 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.
MoreHillenbrand CEO Camp to step down in September
March 21, 2013
Associated PressKenneth 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.
MoreWith TV business ‘forever changed,’ HHGregg retools
March 16, 2013
Greg AndrewsCEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
MoreHurco 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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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.