Public Companies
Disappointing quarter puts WellPoint brass on hot seat
February 11, 2012
Greg AndrewsAnalysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing
of its Medicare Advantage senior coverage.
MoreRoche sales rise 4 percent in 2011
February 6, 2012
J.K. WallRoche Diagnostics Corp.’s North American business, which is headquartered in Indianapolis, posted a 4-percent boost
in sales last year on the strength of its fluid analyzer business unit, even though its diabetes sales fell.
MoreRepublic Airways boosts expectations for 4th quarter
January 26, 2012
Associated PressIndianapolis-based Republic Airways Holdings Inc. on Wednesday raised its outlook related to the performance of its Frontier
Airlines service.
MoreDeceased HHGregg chairman oversaw explosive growth
January 23, 2012
Greg AndrewsJerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion
in revenue. He died over the weekend while visiting his ranch in Colorado.
MoreProLiance might go on block
January 14, 2012
Chris O'MalleyIndianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first
nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake
in the company.
MoreHurco reports fourth straight quarterly profit
January 13, 2012
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
MorePressure rises as Lilly tries squeeze play
January 9, 2012
J.K. WallIndianapolis-based Eli Lilly and Co. is now in the predicament of watching revenue fall as its patents on older products expire,
even as the company needs to spend more money on marketing and research to boost sales of new drugs.
MoreSimon chasing title of state's most valuable company
January 7, 2012
Greg AndrewsDavid Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the
bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
MorePROXY CORNER: Biglari Holdings Inc.
January 7, 2012
Biglari Holdings Inc. is a San Antonio-based holding company that owns Indianapolis-based Steak n Shake, Roanoke, Va.-based
Western Sizzlin and invests in a diverse range of businesses.
MoreBattle between phone rivals spills into the courtroom
December 31, 2011
Greg AndrewsBrightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone
distributor.
MoreLilly losing dominance in diabetes treatment
December 31, 2011
J.K. WallEli Lilly and Co., after more than a decade of setbacks, is counting on diabetes to help it survive a string of patent losses
on other products that have begun to sap the drugmaker's sales.
MoreArcadia agrees to sell DailyMed to Walgreen
December 27, 2011
J.K. WallIt looks like Arcadia Resources Inc.’s DailyMed pharmacy business will live on—but under the wing of Walgreen
Co. instead of on its own.
MoreSpate of Indiana firms lines up for IPOs
December 24, 2011
The highest-profile Hoosier initial public offering was staged by Angie’s List Inc., the online provider of consumer
reviews. The Indianapolis-based company raised $76 million by selling new shares, and existing stockholders raked in another
$31 million by selling some of their holdings.
MoreFinish Line got strong start to holiday season
December 22, 2011
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least
a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5
million.
MoreCracker Barrel rebuffs Biglari
December 20, 2011
IBJ StaffCracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board,
but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
MorePreferred shareholders blocking Emmis’ repurchase plans
December 19, 2011
Scott OlsonThe investors are concerned Emmis will gain voting rights to two-thirds of the preferred shares and that it would use that
clout to get out of paying millions of dollars in dividends.
MoreOverseas rules change could pave way for Simon deals
December 6, 2011
Cory SchoutenNew rules proposed for real estate investment trusts in the United Kingdom could help Indianapolis-based Simon Property Group
Inc. as it seeks to expand its shopping mall dominance outside the United States.
MoreThird-quarter profit dips at OneAmerica
December 6, 2011
J.K. WallOneAmerica earned $15.4 million in the three months ended Sept. 30, down 53 percent from the same quarter a year ago. Most
of that difference came from a 17-percent jump in policy benefit payments.
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.
MoreAngie's List falls below offer price, adding to woes of new IPOs
November 30, 2011
Bloomberg NewsAngie’s List Inc. fell 9.2 percent on Tuesday, dropping below its initial public offering price for the first time and
joining a crop of Internet companies that have lost value since their IPOs this year.
MoreHillenbrand profit up 17 percent after Rotex deal
November 28, 2011
Associated PressHillenbrand Inc. said Monday its profit grew 17 percent in the fiscal fourth quarter after it acquired Rotex Global LLC.
MoreInvestors across city hit jackpot in Angie's List IPO
November 26, 2011
Greg AndrewsThe initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more
than quadruple the average price of $2.76 paid by prior investors.
MoreStruggling Ener1 receives $4.5M from investor
November 23, 2011
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company
evaluates its options to reorganize debt.
MoreLocal business bank parent reports third-quarter profit
November 18, 2011
Indiana Business Bancorp attributed its profit of 9 cents per share to higher non-interest income a lower loan-loss provision
expense.
MoreShoe Carnival quarterly earnings rise 15 percent
November 18, 2011
Associated PressThe Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period
ended Oct. 29, up from $9.1 million a year ago.
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Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans
Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.