Outback parent company stock blooms after IPO - 13 WTHR Indianapolis

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Outback parent company stock blooms after IPO

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Blackhawks tie Stanley Cup Final series with OT win
Blackhawks tie Stanley Cup Final series with OT win
Updated: Wednesday, June 19 2013 11:58 PM EDT2013-06-20 03:58:35 GMT
Jonathan Toews' tip-in has given the Chicago Blackhawks a 2-1 lead in the second period of Game 4 of the Stanley Cup finals on Wednesday night. Michal Handzus also scored for the Chicago Blackhawks, whileMore >>
Brent Seabrook's goal at 9:51 of overtime gave the Chicago Blackhawks a 6-5 win in Game 4 against the Boston Bruins.More >>
EPA: No asbestos fibers in air samples from Belmont Ave. fire
EPA: No asbestos fibers in air samples from Belmont Ave. fire
Updated: Wednesday, June 19 2013 11:33 PM EDT2013-06-20 03:33:47 GMT
Asbestos and pop-up fires are two big concerns as investigators look for a cause of a massive warehouse fire on the Indianapolis southwest side. The fire at 202 S. Belmont Ave. at Nationwide RecyclingMore >>
The Environmental Protection Agency (EPA) says tests show no presence of asbestos fibers. The tests were taken on air samples during the huge warehouse fire on Belmont Ave. last Saturday.More >>
Seized rabbits sent to rescues
Seized rabbits sent to rescues
Updated: Wednesday, June 19 2013 11:20 PM EDT2013-06-20 03:20:44 GMT
Hundreds of rabbits seized from a south Indianapolis home are headed to rescue programs. Rick Cartheuser agreed in court Wednesday to surrender all but 15 of his rabbits to the city. The director of AnimalMore >>
Rick Cartheuser agreed in court Wednesday to surrender all but 15 of his rabbits to the city.More >>
Apartment complex changes course on flag policy
Apartment complex changes course on flag policy
Updated: Wednesday, June 19 2013 11:00 PM EDT2013-06-20 03:00:38 GMT
Residents in several Indianapolis apartments are able to put their American flags back on their balconies after an Eyewitness News report. "It's America. It's a free country," said United States MarineMore >>
Residents in several Indianapolis apartments are able to put their American flags back on their balconies after an Eyewitness News report.More >>
Hoosiers eliminated with 1-0 loss to Oregon State
Hoosiers eliminated with 1-0 loss to Oregon State
Updated: Wednesday, June 19 2013 11:00 PM EDT2013-06-20 03:00:12 GMT
The Indiana Hoosiers season ended Wednesday night at the College World Series. Oregon State beat the Hoosiers 1-0 in the elimination game in Omaha. The Beavers got the game's only run on a fourth-inningMore >>
The Indiana Hoosiers season ended Wednesday night at the College World Series.More >>
2010 Summer Celebration shooter arrested after chase
2010 Summer Celebration shooter arrested after chase
Updated: Wednesday, June 19 2013 10:53 PM EDT2013-06-20 02:53:39 GMT
The man who pleaded guilty to a shooting that injured nine people during Indiana Black Expo Summer Celebration was arrested again Wednesday after a police chase. Shamus Patton was taken into custody afterMore >>
The man who pleaded guilty to a shooting that injured nine people during Indiana Black Expo Summer Celebration was arrested again Wednesday after a police chase.More >>
Female football fans get ready for new rules
Female football fans get ready for new rules
Updated: Wednesday, June 19 2013 10:51 PM EDT2013-06-20 02:51:05 GMT
Football fans are still reacting to a new NFL policy that will ban purses and other bags from stadiums this fall. Colts fans can still wear the bling, but the sacks have to stay in the parking lot. EyewitnessMore >>
Football fans are still reacting to a new NFL policy that will ban purses and other bags from stadiums this fall.More >>
Second person dies in Harrison Co. river in 2 days
Second person dies in Harrison Co. river in 2 days
Updated: Wednesday, June 19 2013 9:01 PM EDT2013-06-20 01:01:19 GMT
A 69-year-old man died in a southern Indiana river Wednesday, the second death in the river in as many days. Police in Harrison County say William Chappell of Boonville was canoeing with his wife whenMore >>
A 69-year-old man died in a southern Indiana river Wednesday, the second death in the river in as many days.More >>
Actor James Gandolfini dead at 51
Actor James Gandolfini dead at 51
Updated: Wednesday, June 19 2013 8:47 PM EDT2013-06-20 00:47:53 GMT
James Gandolfini, star of "The Sopranos," died Wednesday in Italy, TMZ is reporting. Gandolfini reportedly suffered a heart attack in Italy, where he was attending a film festival. He was 51. The actorMore >>
James Gandolfini, star of "The Sopranos," died Wednesday in Italy, TMZ is reporting.More >>
Academy: 3 midshipmen charged with sexual assault
Academy: 3 midshipmen charged with sexual assault
Updated: Wednesday, June 19 2013 8:32 PM EDT2013-06-20 00:32:40 GMT
The U.S. Naval Academy has charged three midshipmen - all current or former football players - with sexually assaulting a female student at an off-campus house in Annapolis more than a year ago. The militaryMore >>
The U.S. Naval Academy has charged three midshipmen - all current or former football players - with sexually assaulting a female student at an off-campus house in Annapolis more than a year ago.More >>

NEW YORK -

Shares of Bloomin' Brands, which operates Outback Steakhouse and other chains, rose nearly 11 percent in their first morning of trading on the Nasdaq.

Shares rose $1.19, or 10.8 percent, to $12.18 in early trading Wednesday.

Late Tuesday, the Tampa, Fla.-based company priced its initial public offering of 16 million shares at $11 per share, for gross proceeds of $176 million. Other selling stockholders offered 3 million additional shares.

The IPO price was below the $13 to $15 per share that was expected.

Bloomin' Brands operates restaurant chains including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and others. It operates more than 1,400 restaurants in 48 states and 20 countries.

The stock is trading under the ticker "BLMN" on the Nasdaq Global Select Market.

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Landlords tell residents to take down American flag
Landlords tell residents to take down American flag
Updated: Tuesday, June 18 2013 11:12 PM EDT2013-06-19 03:12:37 GMT
You'll be seeing a lot of American flags displayed in the coming weeks as we approach the Fourth of July. It's your right to fly the flag at your home. There's a law that says so, but if you live atMore >>
Hoosiers are being ordered to take down Old Glory at some area apartment complexes and it could cost them if they refuse.More >>
Five charged in Marion County auto theft sting
Five charged in Marion County auto theft sting
Updated: Wednesday, June 19 2013 5:04 PM EDT2013-06-19 21:04:56 GMT
The Marion County prosecutor has announced charges after an undercover auto theft investigation. Four suspects have been arrested for separate thefts, and police are still looking for a fifth suspect. AMore >>
The Marion County prosecutor has announced charges after an undercover auto theft investigation.More >>
Muncie named as new headquarters for DD Dannar; over 280 new jobs
Muncie named as new headquarters for DD Dannar; over 280 new jobs
Updated: Wednesday, June 19 2013 11:41 AM EDT2013-06-19 15:41:01 GMT
A company that manufactures "mobile power stations" powered by alternative energy will build its new headquarters and factory in Muncie. DD Dannar LLC made the announcement Wednesday. Muncie beat outMore >>
A company that manufactures "mobile power stations" powered by alternative energy will build its new headquarters and factory in Muncie.More >>
Indiana prosecutor: Fatal police shooting justified
Indiana prosecutor: Fatal police shooting justified
Updated: Wednesday, June 19 2013 11:04 AM EDT2013-06-19 15:04:05 GMT
A northeastern Indiana prosecutor says police snipers acted appropriately when they shot and killed a man holding a 3-year-old boy hostage. The Journal Gazette reports Allen County Prosecutor Karen RichardsMore >>
A northeastern Indiana prosecutor says police snipers acted appropriately when they shot and killed a man holding a 3-year-old boy hostage.More >>
Report: Gay youth group files against BMV
Report: Gay youth group files against BMV
Updated: Wednesday, June 19 2013 11:07 AM EDT2013-06-19 15:07:44 GMT
The American Civil Liberties Union of Indiana is taking the battle over specialty auto license plates for a gay and lesbian youth counseling group to federal court. The Indiana Bureau of Motor VehiclesMore >>
The American Civil Liberties Union of Indiana is taking the battle over specialty auto license plates for a gay and lesbian youth counseling group to federal court.More >>
Fire Chief: Overnight Lebanon house fire was intentionally set
Fire Chief: Overnight Lebanon house fire was intentionally set
Updated: Wednesday, June 19 2013 12:24 PM EDT2013-06-19 16:24:57 GMT
Two people were taken to Witham Hospital after a fire at a house in the 500 block of East Noble Street early Wednesday morning. Lebanon dispatched the fire at 1:00 a.m. and firefighters were on the sceneMore >>
Lebanon's Fire Chief says an overnight fire that injured two people, one critically, was intentionally set.More >>
Family: Country singer Slim Whitman dies at age 90
Family: Country singer Slim Whitman dies at age 90
Updated: Wednesday, June 19 2013 10:44 AM EDT2013-06-19 14:44:47 GMT
Country singer Slim Whitman has died at the age of 90 in Florida. His son-in-law, Roy Beagle, says Whitman died Wednesday of heart failure. Whitman's career began in the late 1940s, and his tenor falsettoMore >>
Country singer Slim Whitman has died at the age of 90 in Florida.More >>
Broken valve leads to steam release in downtown Indianapolis
Broken valve leads to steam release in downtown Indianapolis
Updated: Wednesday, June 19 2013 11:51 AM EDT2013-06-19 15:51:52 GMT
A break in an underground steam line caused 300-degree steam to pour from a downtown Indianapolis manhole on North Street for around an hour Wednesday morning.More >>
A break in an underground steam line caused 300-degree steam to pour from a downtown Indianapolis manhole on North Street for around an hour Wednesday morning.More >>
Misunderstanding results in cat on graduation cake
Misunderstanding results in cat on graduation cake
Updated: Tuesday, June 18 2013 6:45 PM EDT2013-06-18 22:45:37 GMT
An misunderstanding over a graduation cake is quickly going viral. A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking theMore >>
A Zionsville mom wanted a local bakery to draw a graduation cap on the picture of her daughter on the cake, but the worker taking the order heard something different.More >>
EPA: No asbestos fibers in air samples from Belmont Ave. fire
EPA: No asbestos fibers in air samples from Belmont Ave. fire
Updated: Wednesday, June 19 2013 11:33 PM EDT2013-06-20 03:33:47 GMT
Asbestos and pop-up fires are two big concerns as investigators look for a cause of a massive warehouse fire on the Indianapolis southwest side. The fire at 202 S. Belmont Ave. at Nationwide RecyclingMore >>
The Environmental Protection Agency (EPA) says tests show no presence of asbestos fibers. The tests were taken on air samples during the huge warehouse fire on Belmont Ave. last Saturday.More >>

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Outback parent company stock blooms after IPO - 13 WTHR Indianapolis

Outback parent company stock blooms after IPO

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