Allison latest Indy firm to wrestle with activists
With activists swarming, CEOs are having to prove themselves adept at a new skill—diplomacy—to keep rabble-rousers from launching all-out attacks on their companies.
With activists swarming, CEOs are having to prove themselves adept at a new skill—diplomacy—to keep rabble-rousers from launching all-out attacks on their companies.
ITT lawyers are zeroing in on cleaning up the legal quagmire—and they’re starting to have success. Without admitting liability, ITT in November reached agreements to settle securities lawsuits in Indiana and New York for a total of $29.5 million, with $25 million to be paid from the company’s insurance coverage.
Until impending patent expirations spurred the company to forgo a dividend increase in 2010, the company had announced dividend increases for 42 consecutive years.
The parent of City Securities Corp. finds itself at a crossroads with the May death of its 95-year-old vice chairman, Danny Danielson, and with his brother-in-law, Chairman John Peterson, approaching 83 years old.
The Indianapolis Colts’ long-shot playoff hopes and their coach's fate could rest with a quarterback who hasn't taken an NFL snap in more than two years against a team with more to gain by losing.
Freeman Spogli & Co. has been invested in the Indianapolis retailer for a decade, which is bordering on an eternity by private equity standards.
The stock market value for Voxx today is just $118 million—far less than it paid just for Klipsch, one of a long list of acquisitions it made dating back a decade.
The Indianapolis company has been trying to juice growth by franchising stand-alone take-and-bake pizza stores and by selling freshly made take-and-bake pizzas in grocery stores nationwide.
Retailers are updating software, revamping supply chains to provide seamless service to consumers, whether they’re shopping from a desktop, a mobile device, a telephone or visiting a store.
The burger chain in November announced that it recorded a 3 percent increase in same-store sales in the third quarter. It was the 27th quarter in a row in which same-store sales rose compared with the same period a year earlier—a stunning run of success in the topsy-turvy world of restaurants.
The $40 million redesign’s most prominent addition is a south lobby main entrance featuring an atrium with a massive window overlooking the court.
The Indianapolis HVAC plant had taken numerous steps to improve efficiency, but they weren't enough to overcome the labor savings that go with shifting the work to Mexico.
Calumet's stock price has fallen so far that the annual dividend yield is a whopping 28 percent—one of the highest in the country.
"In a world filled with hyper-orthodoxy, Biglari Holdings represents an oasis of unconventionality," Sardar Biglari said in his latest letter to shareholders. "We follow our own individualistic ideas and ideals rather than find refuge in the superficial conventions and conformity.”
CEO Scott Durchslag told analysts he will reinvigorate growth by dropping the paywall, which he said will open the floodgates to a deluge of new customers.
The Zionsville-based retailer continued to grow but saw profit plummet after it moved beyond its core business of selling sports caps.
Republic says the professional-services firms it has tapped should be paid well because they're helping the Indianapolis company work through a "unique set of circumstances" that has never been faced in an airline bankruptcy.
The NCAA is so flush these days that its board recently doled out an extra $200 million to Division I schools—even as the Indianapolis-based organization works to put to bed a thicket of high-dollar legal settlements.
Telamon’s quest to get its insurers—units of Connecticut-based Travelers Insurance—to cover the losses have not gone smoothly, to say the least.
A report from the investment firm Credit Suisse analyzed the e-commerce capabilities of Nike, Finish Line and Foot Locker and found Nike is far and away the leader.