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Public Companies
WellPoint'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.
MoreSoftware firm seeks to reorganize as holding company
April 12, 2011
Scott OlsonInteractive Intelligence Inc. will ask shareholders at its next annual meeting to vote on a proposal to reorganize the software
firm under a new holding company called Interactive Intelligence Group Inc.
MoreZimmer goes on offensive against lawyers
March 30, 2011
J.K. WallThe Warsaw-based maker of orthopedic implants has filed suit to stop a Detroit-area law firm from making allegedly false claims
and using its trademarks on websites designed to attract plaintiffs to sue Zimmer over one of its knee-replacement implants
called NexGen.
MoreAnother suit filed in Emmis, financier dispute
March 28, 2011
Emmis Communications Corp. is accusing Alden Global Capital, which once backed Emmis CEO Jeff Smulyan's attempt to take the
company private, of violating the "short-swing rule." This is the third suit involving the parties since Smulyan called off
the move last year.
MoreRemy International files plans for public offering
March 28, 2011
Associated PressPendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has
filed plans to raise up to $100 million through an initial public stock offering.
MoreToning-shoe trend fading, but doesn't trip up Finish Line
March 25, 2011
Cory SchoutenThe toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent
in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
MoreFinish Line reports rise in quarterly earnings, sales
March 25, 2011
Associated PressThe Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue
rose 2.7 percent, to $384.6 million.
MoreDrugmakers call off animal-health deal, possible asset sale
March 22, 2011
IBJ Staff and Bloomberg NewsDrugmakers Merck & Co. and Sanofi-Aventis SA have abandoned plans to combine their animal-health businesses after wrestling
with regulators for a year over potential divestitures.
Indianapolis-based Eli Lilly and Co. was among a list of possible suitors for about $1 billion in assets the two companies
considered selling.
MoreAllison Transmission files for $750M IPO
March 20, 2011
Kathleen McLaughlinAllison Transmission Inc. is counting on upgrades to truck and bus fleets in countries like China and India for its future
growth, the company revealed in a filing it made Friday to raise up to $750 million through an initial public offering.
MorePROXY CORNER: Eli Lilly and Co.
March 19, 2011
IBJ StaffEli Lilly and Co., Lilly Corporate Center, Indianapolis, 46285 (www.lilly.com) discovers, develops, manufactures and sells
pharmaceutical products for humans and animals.
MoreShoe Carnival reports record annual profit
March 18, 2011
The Evansville-based shoe and apparel retailer said it earned $26.8 million in its last fiscal year. The company also reported
record same-store sales.
MoreLechleiter: After the deluge, we'll be fine
March 16, 2011
J.K. WallEli Lilly and Co. CEO John Lechleiter visited Japan last week—three days before the massive earthquake—to deliver
his tried-and-true message: Drug companies need to reinvent invention, governments needs to support innovation, and Lilly
will be just fine after it has sustained the damage of the next three years.
MoreAnnual profit, revenue shrink for Noble Roman's
March 15, 2011
IBJ StaffThe Indianapolis-based pizza franchisor saw declining results from its restaurants, but got a boost from its growing line
of take-and-bake products.
MoreLilly agrees to buy European animal health company
March 14, 2011
J.K. WallElanco, the animal health division of Eli Lilly and Co., has agreed to acquire Jannsen Animal Health, a subsidiary of New
Jersey-based Johnson & Johnson, pending regulatory approval. Financial terms of the deal were not disclosed.
MoreNoble Roman's expands grocery offerings to boost bottom line
March 12, 2011
Cory SchoutenThe Indianapolis company, founded in 1972, started as a chain of sit-down family restaurants but continues to find new outlets
for its products.
MoreHurco turns first quarterly profit in two years
March 10, 2011
The Indianapolis-based machine tool maker reported profit of $1.5 million on revenue of $39.7 million in its fiscal first
quarter.
MoreNew federal rules prompt ITT to change bonus-pay criteria
March 9, 2011
Scott OlsonThe Carmel-based for-profit educator still will pay its top executives bonuses, but they'll no longer be tied to school enrollment,
the company said Tuesday in a proxy filing.
MoreIndiana executives pare stock holdings
March 5, 2011
Cory SchoutenExecutives and directors at several Indiana public companies took advantage of market strength in February to pare back their
stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
MoreFirst Internet Bancorp reports record annual profit
February 25, 2011
The parent of First Internet Bank earned $4.9 million in 2010 compared with a loss of $2.1 million the previous year.
MoreAuto auctioneer KAR sees quarterly profit surge
February 24, 2011
J.K. WallCarmel-based KAR Auction Services Inc. announced Wednesday that it pulled in profit of $7.3 million in the three months ended
Dec. 31, a 38-percent jump from the $5.3 million earned in the same quarter the prior year.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!