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Public Companies
Hoosier firms find cutting costs no substitute for growth
July 31, 2010
Greg AndrewsThe gains amid economic malaise are impressive, but also unsustainable. Companies can’t continue to grow earnings forever
based on cost-cutting.
MoreSimon Property Group reports improved quarterly results
July 30, 2010
IBJ StaffThe Indianapolis-based real estate giant experienced higher occupancy and sales at its shopping malls compared to a year ago.
MoreHill-Rom raises profit forecast after quarterly earnings jump
July 29, 2010
J.K. WallThe Batesville-based maker of hospital beds and furniture announced Wednesday night that it earned $30.6 million in its third
quarter, up from $20.2 million in the same quarter of 2009.
MoreFirst Internet Bank reports strong second quarter
July 29, 2010
Fewer loan losses and an increase in net-interest income help the bank post one of its biggest quarterly profits in company
history.
MoreDuke Realty's loss widens despite higher revenue
July 29, 2010
Scott OlsonIndianapolis-based real estate investment trust reports bigger quarterly loss, even though revenue, occupancy and tenant-retention
rates rise.
MoreBaldwin profit falls on smaller investment returns
July 29, 2010
J.K. WallThe Indianapolis-based insurer of truck and car fleets earned $5 million in the quarter ended June 30, down from $14.2 million
in the same quarter a year ago.
MoreInvestors fear insurers' rosy outlook will boost regulators' scrutiny
July 29, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
MoreWellPoint gains confidence as profits rise
July 28, 2010
J.K. WallThe Indianapolis-based health insurer raised its full-year profit forecast after it earned $722.4 million, 4 percent higher
than during the same quarter a year ago. Revenue and health plan membership fell.
MoreCummins' profit rises on strong overseas sales
July 27, 2010
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246
million.
MoreInteractive Intelligence reports higher profit, revenue
July 27, 2010
The Indianapolis-based company reported second quarter profit of $2.5 million on increased sales of
its business communications software.
MoreOld National improves second-quarter performance
July 26, 2010
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest
expenses and growth in commercial loan and business checking account activity.
MoreLilly's second-quarter profits surge 16 percent
July 22, 2010
J.K. WallIndianapolis-based drugmaker Eli Lilly and Co. recorded profits of $1.3 billion, or $1.22 per share, during the three months
ended June 30,
even after paying $27 million in severance to laid off employees.
MoreJudge hears arguments challenging Emmis sale
July 20, 2010
Scott OlsonCommon shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
MoreSteel Dynamics profit up, but misses analysts' estimates
July 20, 2010
Bloomberg NewsNet income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement.
MoreLilly reveals plans to cut 340 IT jobs
July 15, 2010
J.K. WallThe Indianapolis-based drugmaker eliminated 140 information technology jobs in June through retirements, resignations and
some cuts. Another 115
cuts will be made this month, and the remainder by the end of the year.
MoreSenator: For-profit colleges require tougher oversight
June 24, 2010
Bloomberg NewsFor-profit colleges like ITT Technical Institutes need tougher oversight and regulation, according to a report from a Democratic
Senate committee chairman that questions the industry’s advertising spending, tuition costs and reliance on taxpayer
money.
MoreSuitor extends tender offer for Emmis
June 24, 2010
Associated PressJS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30.
MoreDuke Realty buying out joint venture partner for $298M
June 16, 2010
IBJ StaffDuke Realty Corp. plans to buy out its partner in a joint venture that owns 106 industrial buildings in the Midwest and Southeast,
the Indianapolis-based company announced Wednesday.
MorePROXY CORNER: Republic Airways Holdings Inc.
June 12, 2010
IBJ StaffRepublic Airways Holdings Inc. provides scheduled passenger, charter and air freight services.
MoreArcadia sees smaller quarterly, fiscal-year losses
June 11, 2010
Scott OlsonDespite losses, company sees growth in its DailyMed pharmacy services, which packages the right dosages of prescriptions to
make it easier for patients to follow their regimens.
MoreSmulyan buyout plan could take Emmis full circle
June 5, 2010
Greg AndrewsThe going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
MoreEnerDel's potential luring backers despite steep losses
June 5, 2010
Peter SchnitzlerThe parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing
to fund a business plan that could bring revenue to nearly $1 billion within five years.
MoreHurco suffers loss despite better sales
June 4, 2010
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss
it reported in the same period last year.
MoreShoe Carnival profit beats estimates
June 2, 2010
Evansville-based retailer earned $9.2 million in its fiscal first quarter, on strong sales of athletic and toning footwear.
MorePROXY CORNER: Simon Property Group Inc.
May 29, 2010
IBJ StaffSimon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls
and community shopping centers.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.