The Columbus-based engine maker said it would lay off about 500 people in Indiana. Shares fell nearly 10 percent Tuesday after third-quarter profit trailed analyst estimates and the company reduced its annual sales forecast due to weakening demand for its heavy-duty engines.
Trilogy Health Services LLC, which operates more than 70 senior-living facilities in Indiana, is being acquired. The company has at least 14 properties in central Indiana, including two in Indianapolis.
Google Express users can shop online from a number of national retailers and get delivery the next day. Stores include Costco, Toys R Us, Fry’s Electronics, Kohl’s, Walgreens, Staples, Barnes & Noble, PetSmart, Ulta and others.
A former JPMorgan Chase & Co. analyst has been charged with leaking insider information to his friends, including a tip about Salesforce.com’s $2.5 billion acquisition of Indianapolis-based ExactTarget Inc. in June 2013.
Shares in Cummins Inc. had their biggest intraday rise in nine months Tuesday morning after the Columbus-based maker of heavy-duty engines reported second-quarter profit and revenue that beat analyst estimates.
Shares of Eli Lilly and Co. stagnated in Wednesday morning trading as investors and patients wished that the effects of solanezumab were more pronounced. Rival Biogen offered muddy results from its own Alzheimer's drug.