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Public Companies
Indiana public companies had banner year
June 18, 2011
Corporations staged advances across a variety of industries in 2010 as the economy improved.
MoreState's private companies performed unevenly last year
June 18, 2011
Norm HeikensFewer than half generated revenue increases.
MoreSources: Angie’s List picks adviser to handle planned August IPO
June 17, 2011
IBJ Staff and Bloomberg NewsAngie’s List Inc., a website that provides consumer reviews of plumbers, electricians and other services, is preparing
to file in August for an initial public offering, said two people with direct knowledge of the plans.
MoreWellPoint pays big to tap fast-growing Medicare market
June 13, 2011
J.K. WallAnalysts raised their eyebrows at the $800 million reportedly paid by WellPoint Inc. to acquire a West Coast Medicare plan,
but with the commercial health insurance business stagnating, Medicare is vital to WellPoint’s future growth.
MoreFederal judge dismisses Brightpoint fraud suit
June 13, 2011
Scott OlsonA London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor
fraudulently brokered in anticipation of an acquisition that never materialized.
MoreRepublic may cut Frontier stake as pilots offer concessions
June 13, 2011
IBJ Staff and Bloomberg NewsRepublic Airways Holdings Inc. agreed to seek new investors for Frontier Airlines, shrinking its stake to become a minority
owner, in exchange for concessions from pilots at the unprofitable carrier.
MoreWellPoint paying almost $800M for CareMore
June 8, 2011
Bloomberg NewsIndianapolis-based WellPoint Inc. agreed to acquire CareMore Health Group to expand Medicare coverage in California, Arizona
and Nevada. The insurer paid almost $800 million, according to people familiar with the deal.
MoreTotal pay for executives surged in 2010
May 28, 2011
J.K. WallTotal executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession,
even though many of them have yet to erase the red ink in their shareholders’ portfolios.
MoreHHGregg's profit, revenue rise, but same-store sales fall
May 26, 2011
IBJ StaffIndianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased
sales at retail locations operating for more than a year.
MoreHoosiers finally score one of Foot Locker's House of Hoops
May 21, 2011
Cory SchoutenFinish Line's main competitor had bypassed Indianapolis at it chose locations for its concept store that sells Nike-brand
basketball shoes and apparel.
MoreWellPoint approves annual 'say on pay' measure
May 17, 2011
J.K. WallShareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for
the right to weigh in annually on future executive compensation.
MoreEli Lilly's slumbering stock finally shows signs of life
May 14, 2011
Greg AndrewsIs it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted
thousands of millionaires?
MoreNoble Roman's first-quarter profit, revenue tick up
May 11, 2011
IBJ StaffRevenue at Noble Roman's Inc. inched up in the first quarter as the Indianapolis-based franchisor continued to grow its
take-and-bake pizza operation in grocery stores.
MoreKite Realty Trust reports wider first-quarter loss
May 6, 2011
IBJ StaffIndianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining
revenue and a big dividend payment to preferred shareholders.
MoreAuction services firm improves revenue, profit
May 4, 2011
IBJ StaffThe parent company of the Adesa auto auction firm more than quadrupled its first-quarter profit on revenue that increased
5 percent.
MoreUPDATE: Republic Airways loses $22M on fuel, maintenance
May 3, 2011
IBJ Staff and Associated PressIndianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance
costs.
MoreCNO Financial's first-quarter profits surge 59 percent
May 2, 2011
J.K. WallThe Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street
analysts.
MoreDow AgroSciences reports record revenue
April 28, 2011
IBJ StaffIndianapolis-based Dow AgroSciences on Thursday reported sales of $1.6 billion in its first quarter, up 17 percent from the
same period last year due to higher volume and increased prices.
MoreBell Industries turns annual profit
April 27, 2011
The holding company for Bell Techlogix and the Recreational Products Group earned a profit of $300,000 in 2010 after losing
$1.9 million the previous year.
MoreWellPoint's first-quarter profit soars above expectations
April 27, 2011
J.K. WallThe Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
MoreCeladon boosts financial performance
April 27, 2011
IBJ StaffCeladon Group Inc. improved revenue and profit in its third fiscal quarter despite lower volumes attributed to bad weather,
the Indianapolis-based trucking company said Tuesday.
MoreProfit, revenue up at Interactive Intelligence
April 26, 2011
IBJ StaffThe Indianapolis business-communications software firm on Monday reported revenue of $47.7 million in the quarter ended March
31, up 36 percent from the same period last year. Profit was $3.1 million.
MoreEnrollment, profit fall at ITT Educational
April 21, 2011
J.K. WallThe Carmel-based operator of for-profit colleges earned $85.4 million in the three months ended March 31, a 2.4-percent decline
from the same quarter a year ago.
MoreAnalysts demand news on next Lilly blockbuster
April 18, 2011
J.K. WallEli Lilly and Co. spends a lot of time these days telling the rest of the story—how well it’s doing in areas not
connected to highly lucrative drugs about to see their patents expire. But for the most part, investors and analysts just
want to know when the next blockbuster will be coming.
MoreCharges drive down first-quarter profit at Lilly
April 18, 2011
J.K. WallFirst-quarter profit fell at Eli Lilly and Co. as the company recorded restructuring charges due to its downsizing and higher
research costs as it tries to develop new drugs to help it shrug off its looming patent expirations.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.