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Public Companies
Klipsch purchase helps fuel Audiovox sales
October 12, 2011
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase
of the Indianapolis speaker maker in March.
MoreLilly gets dinged for job cuts
October 10, 2011
J.K. WallEli Lilly and Co. got called out in a recent report on companies that took advantage of the 2004 tax holiday on foreign profits
and have since slashed jobs.
MoreFortune Industries reports annual profit growth
September 28, 2011
The publicly held Indianapolis-based professional employer organization's profit in fiscal year 2011 more than doubled from
the previous fiscal year, to $1.3 million.
MoreExactTarget preparing for another IPO attempt
September 13, 2011
Bloomberg NewsExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan
Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.
MoreEnerDel parent in danger of losing NASDAQ listing
September 12, 2011
Kathleen McLaughlinThe New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that
it had received written notice of its failure to comply with NASDAQ's listing requirements.
MoreDuke Realty suffers loss on lower revenue
July 28, 2011
The Indianapolis-based real estate investment trust said it lost $29 million in its latest quarter, compared with a loss of
$42.4 million in the same time frame a year earlier.
MoreCeladon reports best 4th quarter in 5 years
July 28, 2011
IBJ StaffCeladon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year
ago, to $5.5 million.
MoreWellPoint profit falls but exceeds Wall Street expectations
July 27, 2011
J.K. WallIndianapolis-based WellPoint earned $702 million in the latest quarter after earning $722 million a year ago. It also raised
its full-year profit forecast.
MoreSimon Property results improve as U.S. retail sales advance
July 26, 2011
Bloomberg NewsIndianapolis-based Simon Property Group Inc. said funds from operations rose 20 percent in the second quarter as rents and
occupancies increased. The company raised its forecast for the year.
MoreLilly stock rises after drugmaker reports higher sales
July 21, 2011
Investors responded favorably Thursday to Eli Lilly and Co.’s surprisingly strong second-quarter revenue, even though
its profit fell due to rapid spending on marketing and research.
MorePfizer won’t break up animal unit for potential Lilly bid
July 21, 2011
Bloomberg NewsPfizer Inc., the world’s biggest drugmaker, said it isn’t interested in breaking up its animal health unit after
Indianapolis-based Eli Lilly and Co. expressed interest in buying some of its products.
MoreITT Educational continues enrollment, profit slide
July 21, 2011
IBJ StaffIn the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7
percent. But the company posted strong earnings per share by continuing to buy back shares.
MoreLilly profit falls, but forecast rises after second quarter
July 21, 2011
J.K. WallSecond-quarter profit fell at Eli Lilly and Co., but the Indianapolis drugmaker beat the estimates of Wall Street analysts
by a penny per share and raised its full-year profit forecast by as much as 10 cents per share.
MoreEmmis' local radio stations get big lift from new ratings system
July 20, 2011
Anthony SchoettleDuring the quarter ended May 31, ratings at Emmis Communications' four local stations greatly outpaced other stations in the
market.
MoreEmmis reports larger quarterly loss, higher revenue
July 13, 2011
Scott OlsonFor the quarter ended May 31, Emmis suffered a loss of $4.5 million, or 12 cents a share, compared with a loss of $3.9 million,
or 10 cents a share, in the same period last year.
MoreCummins CEO Solso retiring at end of year
July 12, 2011
Associated PressCummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins
since 2000.
MoreSimon Property Group signs CEO to long-term contract
July 8, 2011
IBJ Staff and Bloomberg NewsIndianapolis-based Simon Property Group Inc. signed an employment agreement with CEO David Simon that will keep him as head
of the largest U.S. mall owner for the next eight years—and give him a one-time award worth $120 million.
MoreOutgoing CEO: After 'near-death experience,' CNO doing well
July 7, 2011
J.K. WallCEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he
said he's ready to step down now that the insurer is in good shape.
MoreLilly asks judge to reject U.K. Zyprexa case
July 5, 2011
Bloomberg NewsEli Lilly and Co., the Indianapolis-based drugmaker whose best-selling schizophrenia medicine Zyprexa survived a patent challenge
in Britain two years ago, has asked a United Kingdom judge to reject a parallel lawsuit by a generic drug company.
MoreRolls-Royce upgrades engine on market since 1950s
July 2, 2011
Kathleen McLaughlinRolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare
parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up
to $789 million and is still active.
MoreLilly plans 10 drugs in final-stage trials by year's end
June 30, 2011
Bloomberg NewsLilly has 33 drugs in the second and third stages of clinical trials, including medicines for cancer, diabetes and Alzheimer’s
disease, up from seven in 2005, the Indianapolis-based company said Thursday.
MoreFuture bleak for Arcadia as cash crunch forces sale of business unit
June 29, 2011
J.K. WallIndianapolis-based Arcadia Resources Inc.’s auditor issued a “going-concern” warning Tuesday in the once-promising
company’s annual report.
MoreLilly plans more investment in two-in-one drugs
June 28, 2011
J.K. WallIndianapolis-based drugmaker Eli Lilly on Tuesday will announce a multimillion-dollar investment to develop drugs that act
like two medicines in one. Lilly plans to add more scientists to back the effort.
MoreEmmis selling three major radio stations
June 21, 2011
IBJ StaffEmmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private
equity firm and a prominent media executive, the company disclosed Tuesday morning.
More2010 was great for Indiana's 100 largest companies
June 18, 2011
Norm HeikensDespite enjoying rising revenues and profits, companies haven't followed with big increases in job numbers.
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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.