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Public Companies
Proxy Corner: ITT Educational Services Inc.
April 3, 2010
IBJ StaffITT Educational Services Inc., 13000 N. Meridian St., Carmel, 46032, www.ittesi.com, provides technology-oriented, post-secondary
education, including associate’s, bachelor’s and master’s degrees as well as non-degree programs.
MoreCompensation for WellPoint's Braly rises 51 percent
April 2, 2010
Associated PressStock options, bonus fuels CEO's pay.
MoreConseco trims CEO's pay but gives exec team raises
April 2, 2010
Peter SchnitzlerJames Prieur's total compensation fell 5 percent last year to $3.3 million, but other Conseco executives saw pay hikes between
25 percent and 54 percent.
MoreSeverance boosts pay of former Duke Realty exec
March 29, 2010
Peter SchnitzlerDuke Realty's former chief operating officer took home $3.1 million last year. The office, industrial and retail property
owner and manager
also awarded raises to its CEO and the rest of his management team.
MoreSimon Property hiked CEO's pay 34.7 percent last year
March 26, 2010
Peter SchnitzlerDavid Simon's $4.6 million in total compensation last year was $1.2 million more than in 2008. The rest of his management
team's pay declined or remained flat.
MoreConseco seeking to change its name
March 25, 2010
IBJ Staff and Bloomberg NewsCarmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group,
the company said Thursday morning.
MoreCummins cuts CEO's pay by nearly one-quarter
March 24, 2010
Peter SchnitzlerColumbus-based engine maker Cummins trimmed Solso's total compensation by $2.3 million last year; remainder of management
team took
similar pay cuts.
MorePROXY CORNER: Eli Lilly and Co.
March 20, 2010
IBJ StaffEli Lilly and Co. discovers, develops, manufactures and sells pharmaceutical products for humans and animals.
MoreOld National cut CEO's pay 10.6 percent last year
March 19, 2010
Peter SchnitzlerThe Evansville-based bank, the largest financial institution headquartered in Indiana, awarded Robert Jones $1.2 million in
total compensation last year, or $146,177 less than in 2008.
MoreWellPoint expects loss of 400,000 insured members this year
March 17, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
MoreNoble Roman's boosts profit in 2009
March 17, 2010
IBJ StaffIndianapolis-based Noble Roman's Inc. improved its bottom line in 2009, reporting a $1.7 million profit despite revenue
that dropped 16 percent to $7.5 million.
MoreCummins expects profit to grow 10 percent a year
March 16, 2010
Bloomberg NewsColumbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
MoreSimon, rival seek foreign investors to back General Growth bid
March 15, 2010
IBJ StaffIndianapolis-based Simon Property Group and its chief rival in the battle to acquire bankrupt shopping mall operator General
Growth Properties Inc. are seeking funding from sovereign wealth funds in the Middle East and Asia, according to the Financial
Times of London.
MoreITT Educational awards top managers substantial raises
March 10, 2010
Peter SchnitzlerThe Carmel-based for-profit educator paid CEO Kevin M. Modany $7.6 million in total compensation last year, a 63-percent increase
over 2008. And the rest of his management team all enjoyed pay increases of 45 percent or more.
MoreSimon Property CEO uses hard-nosed style to excel at acquisitions
March 6, 2010
Cory SchoutenDavid Simon, the shrewd and blunt deal-maker—an acquisitive former Wall Street wunderkind who transformed Simon Property
Group Inc. into the nation's largest mall owner—is trying to land his biggest deal yet.
MoreMarket surge doesn't lift Lilly Endowment
March 6, 2010
Kathleen McLaughlinLilly Endowment's resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
MorePROXY CORNER: Hurco Cos. Inc.
March 6, 2010
IBJ StaffHurco Cos. Inc. designs and produces interactive computer controls, software and computerized machine systems for the worldwide
metal-cutting and metal-forming industry.
MoreThree Indiana companies among world's most admired
March 5, 2010
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
MoreCreditors: General Growth biased toward Brookfield proposal
March 3, 2010
Bloomberg NewsGeneral Growth Properties Inc. may favor a risky bid from Brookfield Asset Management Inc. because of that company’s
agreement with William Ackman’s Pershing Square Capital Management LP, creditors said in court documents. Simon Property
Group also has bid to acquire the bankrupt company.
MoreLilly to shift more employees to Covance
February 26, 2010
J.K. WallGreenfield Labs operation expects to add 17 Eli Lilly and Co. workers after taking over staff of 264 in 2008 acquisition.
MoreConseco shares fall after dip in fourth-quarter profits
February 26, 2010
J.K. WallCarmel-based insurer swings to a profit, but earnings from operations decline.
MoreAdesa parent turns profit, beats expectations
February 26, 2010
Scott OlsonKAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
MoreGeneral Growth plans to split in two to exit bankruptcy
February 24, 2010
Bloomberg NewsGeneral Growth Properties Inc. plans to split in two to exit bankrupty and will receive $2.63 billion in capital from Brookfield
Asset Management Inc
MoreSimon's $10 billion bid for bankrupt General Growth roils retailing
February 20, 2010
Cory SchoutenSimon Property Group Inc. already is known for playing hardball with mall tenants over rent. So national retailers like The
Gap Inc. and Limited Brands Inc. will be bracing for future lease negotiations if the nation's largest mall owner succeeds
in a $10 billion bid to take over its nearest rival, the bankrupt General Growth Properties Inc.
MorePROXY CORNER: Hill-Rom Holdings Inc.
February 20, 2010
IBJ StaffHill-Rom Holdings Inc. produces hospital beds, mattresses, stretchers, furniture and hospital information-technology systems.
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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.