Stories tagged with "shareholders"

Lilly's changes should extend to governance by indystar

As Eli Lilly and Co. embarks on a fundamental restructuring of its business operations, it seems an opportune time for the Indianapolis drug maker to also consider select changes... – Sep 20, 2009 at 12:41 AM in Daniel Lee

Investors OK Pulte-Centex deal by indystar

Bloomfield Hills, Mich. — Shareholders gave approval Tuesday to Pulte Homes’ takeover of Centex Corp. The merged company, trading under the ticker PHM, is active in 29... – Aug 19, 2009 at 12:00 AM in Business

Brightpoint sets $5 share price by indystar

INDIANAPOLIS — Brightpoint said Thursday it will sell 15 million shares of stock at $5 per share. Brightpoint, an Indianapolis-based wireless device distributor, is offering... – Jul 17, 2009 at 1:00 AM in Business

Republic Airways could take over Frontier by indystar

Republic Airways Holdings said Monday that it is offering to buy Frontier Airlines for $108.8 million and take it out of bankruptcy. Republic said it expected a court-supervised... – Jun 23, 2009 at 3:22 PM in Business

Management drives excellence at shipping giant by Erika Smith

With more than 6,000 employees in Central Indiana and thousands more across the Midwest, it would be easy for FedEx to operate as a top- down organization. Hierarchy to the hilt.... – Jun 21, 2009 at 1:00 AM in Business

Duke sets vote on stock issues by indystar

Indianapolis Duke Realty Corp. will ask shareholders at a special meeting July 22 to approve an increase in the number of common shares it can issue, from 250 million to 400... – May 22, 2009 at 1:00 AM in Retail/Real Estate

Emmis' 4Q losses widen; revenue down by Tom Spalding

Indianapolis-based Emmis Communications today said fourth-quarter losses widened as revenue plunged 19 percent.The radio broadcaster and magazine publisher, which terminated 100... – May 14, 2009 at 7:34 AM in Business

Local software firm being taken over in $95M deal by Erika Smith

Indianapolis education software firm ANGEL Learning is being acquired by publicly held rival Blackboard Inc. for about $95 million in cash and stock, the companies said today. Both... – May 06, 2009 at 8:06 PM in Technology

WellPoint to part with prescription unit for $4.68B by Daniel Lee

WellPoint today announced it is selling its NextRx prescription drug unit — touted in recent years as part of the Indianapolis-based health insurers strategy to streamline care for... – Apr 13, 2009 at 11:45 AM in Business

Columbus bank makes big sale in fight for survival by Tom Spalding

Columbus-based Irwin Financial Corp., stung by heavy losses on home equity loans made in Western states, today said external auditors have raised doubt about the company’s... – Apr 01, 2009 at 12:40 PM in Business

Berkshire reports 62% drop in profit, Buffett's worst by indystar

OMAHA — Billionaire investor Warren Buffett’s Berkshire Hathaway today reported a 62 percent drop in its 2008 net income, hurt by investment and derivative losses of nearly... – Feb 28, 2009 at 10:17 AM in Business

Justice Dept. to probe Ticketmaster deal by The Associated Press

WASHINGTON (AP) -- The Justice Department will investigate the proposed merger of ticketing giant Ticketmaster Entertainment Inc. with Live Nation Inc. to see if it would... – Feb 10, 2009 at 10:46 AM in Entertainment

Marvel sued for $750M in movie profits by The Associated Press

NEW YORK (AP) -- Shareholders of an ill-fated Stan Lee venture are seeking more than $750 million in profits from films and other works based on Marvel comic characters... – Jan 26, 2009 at 8:01 PM in Entertainment

Conseco adopts shareholder rights plan by Erika Smith

Carmel-based insurer Conseco Inc. said today that it adopted a shareholder rights plan designed to deter the acquisition of a large chunk of Conseco’s stock without the board of... – Jan 20, 2009 at 6:31 PM in Business

Shareholders OK acquisition of National City by PNC by indystar

PITTSBURGH » PNC Financial Services Group and National City shareholders on Tuesday approved PNC's acquisition of the Cleveland-based bank. The shareholders considered the... – Dec 24, 2008 at 2:08 AM in Business

Lilly increases its dividend for the 42nd straight year by indystar

INDIANAPOLIS The board of directors of Indianapolis-based drugmaker Eli Lilly and Co. on Tuesday raised its quarterly dividend for the 42nd consecutive year. The 4.3 percent... – Dec 17, 2008 at 2:05 AM in Business

Coachmen RV selling assets to Elkhart rival by Tom Spalding

Coachmen Industries is shifting gears to stay on course in an economy that has punished recreational vehicle-makers. The Middlebury-based company today said it is selling most... – Nov 21, 2008 at 7:00 AM in Business

4Q loss, talk of change on Steak n Shake menu by Tom Spalding

Sardar Biglari, chairman of the board, told a crowd of analysts and investors that the key to reversing the fortunes of the restaurant chain Steak n Shake is to cut costs, not... – Nov 11, 2008 at 10:31 AM in Business

Steak n Shake hosts investors by indystar

INDIANAPOLIS Steak n Shake Co. will hold an Investor Day today at the Marriott Downtown, beginning at 1 p.m. Shareholders, analysts and potential investors are expected. (Star... – Nov 11, 2008 at 2:10 AM in Business

ImClone faces lawsuit over proposed Lilly acquisition by indystar

INDIANAPOLIS ImClone Systems, an acquisition target of Eli Lilly and Co., faces a class-action lawsuit in New York over its proposed $6 billion merger. According to a regulatory... – Oct 28, 2008 at 9:30 AM in Business