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Public Companies
Some banks beginning to raise dividends
August 4, 2012
Scott OlsonSome of the most telling signs that banks finally may be recovering from the economic downturn are their decisions to begin
increasing dividends.
MoreBaldwin & Lyons sees quarterly profit on fewer disasters
August 2, 2012
IBJ StaffIndianapolis-based Baldwin & Lyons Inc. on Thursday reported a profitable second quarter, a year after a series of major
natural catastrophes caused a big loss for the transportation industry insurer.
MoreHHGregg posts quarterly loss on poor TV sales, as expected
August 2, 2012
Scott OlsonDisappointing sales at stores open at least a year dragged Indianapolis-based HHGregg Inc. to a rare quarterly loss, the appliance
and electronics retail chain said on Thursday.
MoreEmmis shareholders fight bylaw changes on dividends
July 31, 2012
IBJ Staff and Bloomberg NewsInvestors asked U.S. District Judge Sarah Evans Barker in Indianapolis for an order blocking a special meeting at which Emmis
shareholders will be asked to approve bylaw changes wiping out more than $34 million in accrued and unpaid preferred stock
dividends.
MoreLilly braces for decline in Europe
July 30, 2012
J.K. WallAusterity and upheaval in Europe have not hurt Eli Lilly and Co.’s $4 billion-a-year drug business there, but the company
is moving forward with plans to survive a coming swoon anyway.
MoreBrightPoint merger talks driven by 'deal certainty'
July 28, 2012
Greg AndrewsWhen BrightPoint officials saw conditions in the cell phone distribution business take a turn for the worse, they were quick
to cash out while the going was still good.
MoreAngie's List shares plunge after wider quarterly loss
July 26, 2012
IBJ StaffAngie's List Inc. saw revenue jump 74 percent in the second quarter, but the Indianapolis-based contractor-ratings service
continued to see growing losses as the result of higher marketing expenses. The company's stock fell more than 10 percent
Thursday.
MoreHHGregg setbacks reflect deeper woes, some fear
July 21, 2012
Greg AndrewsRetailer's operating income is the same as five years ago, even though it has triple the number of stores.
MorePROXY CORNER: The Finish Line Inc.
July 21, 2012
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.finishline.com, is a specialty retailer of brand-name athletic
and leisure footwear, activewear and accessories.
MoreBrightPoint settles two suits against rival Brightstar
July 13, 2012
Scott OlsonBoth lawsuits involved former BrightPoint executives hired by Brightstar who had access to the local firm’s innermost workings
and strategies. The suits, filed in Marion Superior Court, were dismissed Wednesday.
MoreQuarterly profit, revenue slides at Emmis
July 12, 2012
The Indianapolis-based media company reported a larger loss on falling revenue in its fiscal first quarter, mostly due to
the sale of a group of radio stations and cheaper advertising rates.
MoreBioanalytical taps accountant for turnaround
July 9, 2012
J.K. WallWith spending running well ahead of revenue, West Lafayette-based Bioanalytical Systems Inc. ousts its CEO in favor of its
CFO.
MoreBrightPoint's $840M sale ends wild ride for CEO Laikin
July 7, 2012
Greg AndrewsBob Laikin started BrightPoint in 1989, when cellular phones were clunky and brick-like and were mostly for the wealthy.
MoreHeartland Bancshares approves acquisition by Horizon
July 7, 2012
The deal, effective July 17, will give the Michigan City bank its first presence in Central Indiana.
MoreLawsuit: Smulyan angling for Emmis buyout
June 30, 2012
Greg AndrewsJeff Smulyan has been considering a new plan to buy out other Emmis Communications Corp. shareholders—a deal that could
clear the way for him to finally take the Indianapolis media company private. But Emmis’ founder and CEO insists he
has no plans to do so.
MorePROXY CORNER: Vera Bradley Inc.
June 23, 2012
Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel
items through 55 retail stores, nine outlet stores, 3,300 specialty stores and through verabradley.com.
MoreLilly resumes $3B stock buyback program, declares dividend
June 19, 2012
Associated PressThe local pharmaceutical giant plans to complete the program started in 2000 by repurchasing $420 million in shares by the
end of the year. And on Tuesday, it declared a regular dividend of 49 cents.
MoreWellPoint lowers earnings forecast after $90M legal bill
June 18, 2012
Bloomberg NewsIndianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million
settlement in a class-action lawsuit.
MoreAnalysts say Angie's List on path to profitability
June 16, 2012
Chris O'MalleyIndianapolis-based Angie's List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the
company that offers consumer-written reviews of service providers is on track to become profitable in 2014.
MoreLargest Indiana public companies mostly fared well in 2011
June 16, 2012
Performance varied widely as industries ebbed, flowed.
MoreWellPoint settlement: $90M for former Anthem members
June 15, 2012
Scott OlsonThe federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem's 2001 conversion from a
mutual company, owned by its insured policyholders, to a public company.
MoreLilly sinks $20M into Chinese firm for 'branded generic' drugs
June 12, 2012
J.K. WallEli Lilly and Co. has invested $20 million in Chinese pharmaceutical company Novast Labs in an effort to build up a portfolio
of branded generic medicines in the fast-growing Asian market.
MoreFortune buyout would help exec out of financial jam
June 9, 2012
Greg AndrewsSale to managers would alleviate problems for company's 70-year-old namesake and keep firm from being seized by bank.
MorePROXY CORNER: Emmis Communications Corp.
June 9, 2012
Emmis Communications Corp., One Emmis Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN 46204 (www.emmis.com), is a media
company that owns radio stations and magazines.
MoreSPECIAL REPORT: Stock-based pay builds wealth for Indiana execs
June 2, 2012
Greg AndrewsIBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation
rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted.
If a company's stock price surges, executives can make out far better. (with searchable
database)
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I'm sure there are others, but his name automatically came to my mind
Houdini
magician on the court
STEVE MARTIN - funny magic
It has to be Houdini!