Lyft’s IPO raised more than $2 billion to use in its heated competition with Uber to woo riders. Uber is expected to make an even bigger splash when it completes its IPO later this year.
The Eli Lilly and Co.-owned animal medicine maker’s shares rose to $36 each at closing Thursday, up from their $24 offering price.
Greenfield-based Elanco Animal Health Inc. raised more than expected in its initial public offering, pricing its shares above the marketed price range.
The Greenfield-based animal health unit is gearing up for independence after 65 years as part of drugmaker Eli Lilly and Co. But Elanco has been struggling, and top management will have to work hard to stabilize the operation.
While some business leaders have groaned about the rigors associated with having to disclose financial figures four times a year, the SEC has been reticent to make any changes.
A third of the stock sold in IPOs this year came from technology, media and telecommunications companies, about double the proportion in 2016.
IEA Energy Services has completed about 200 wind and solar projects around the country, including the 9,000-acre Benton County Wind Farm in northern Indiana.
The Carmel-based bank raised $100 million, which it plans to use for a new acquisition and to further fuel growth.
Merchants intends to list its common stock on the NASDAQ Capital Market under the ticker symbol MBIN.
The maker of Twinkies and Ding Dongs, which operates a major plant in Indianapolis, has been reborn under new ownership after crashing in 2012 under a barrage of labor issues and rapidly changing appetites.
Appirio Inc., a global cloud-consulting firm that transplanted to Indianapolis last year, might soon get a few acquisition offers. A wave of buyouts has swept through the so-called “cloud services” sector in recent years, including International Business Machines Corp.’s deal on March 31 to acquire Bluewolf Group LLC for $200 million. Appirio is one of […]
Indiana-based Biomet Group Inc., a closely held maker of orthopedic medical devices, had been publicly traded until 2007 when it was acquired by the group of private equity firms.
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
Springleaf Holdings Inc. provides non-prime consumer loans through a network of 834 offices and online.
Stonegate Mortgage—potentially the first company in Indianapolis to go public since ExactTarget in 2012—plans to entice investors with a nationwide expansion, a diversified income stream, and the prospect that federal reforms will benefit such loan aggregators.