IBJNews

  • Home

FinishMaster profit, sales decline as accident claims fall

 IBJ Staff
November 5, 2009
Keywords
Auto Industry, Manufacturing & Technology
Back to TopCommentsE-mailPrint

FinishMaster Inc. on Thursday afternoon reported a drop in third-quarter profit and revenue compared to the same period a year ago.

The Indianapolis-based paint distributor earned nearly $3 million, or 38 cents per share, in the quarter ended Sept. 30. That’s down from nearly $4.8 million, or 60 cents per share, in last year’s third quarter.

Revenue fell 14.6 percent, from $123 million in last year’s third quarter to $105 million in this year’s.

The company said a decline in automobile-accident claims had a negative impact on business.


ADVERTISEMENT

Post a comment to this story

captcha
Please enter the text you see above:
Not sure? Give me another.

ADVANCED SEARCH
Sponsored by

IBJ on Facebook & Twitter

ADVERTISEMENT
Subscribe to IBJ

  1. So by that same logic, colleges, NASCAR and a multitude of other organizations must be hiding things because those were also cited by Anthony as events that he cannot get data for. Where are those orgs crowing about their ratings? Again, you pretend that it is only the IRL that Anthony can't get info about.

    Does it sound like Da Nang in '72 around your house? Remember, you are not paranoid if they are really out to get you.

  2. So since the Daytona 500, Super Bowl and MLB have invited potus's to attend, I guess they are in poor condition?

    Security intrustions would be minimal at worst. I was there when the sitting vpotus (Quayle) attended the 500. He was helicoptered in, sat for part of the race in the turn 2 suites and then left with minimal issues. Granted security would be tighter, this would be no worse than him giving a public speech or taking a walk back to the white house like he has done.

    Helicopter him into the infield near the pagoda. whisk him up to the suites in the tower. all is good. The height of the tower and the dark tinting would make it near impossible for a gunman to take aim. other than clearing out the pagoda plaza for a little while, no issues.

  3. take a look at flagstars sign and tell me that is what you want. You can do cool, without destroying the historic fabric of downtown.

  4. Bravo


  5. >

    So you'd perfer an oversized gov't? Without getting into a mud fight about who is right & wrong, it's easy to explain a Liberal mindset: bring all privatized programs under the gov't and make sure it's available to everyone (as if it can't be done without the gov't absorbing it.

    The other thing to go with that is a large gov't is like an umbrella, giving everyone shelter when they need it. But it has to be big enough such that any holes which develop in the umbrella can be protected. If it keeps growing & growing, the greater the chances people should (ought to, but not necessarily will) everyone will be covered.

    There's an excellent example of outsourcing which most people won't think of it: Sallie Mae (nee USA Group). They were ahead of the curve.
    They saw an opportunity for a business and went for it. Obama wants to absorb many companies such as this one into the gov't. Why? Can the federal gov't do it better? I'm not looking at it from the # of jobs lost, I'm looking at how the entire system works.


    >

    One of the stories which was in the press dealt with people near the Illinois border, where people would cross over, drop their kids off at day care, return to Indiana to work. They whined it would screw up their schedules to be out of sync for 6 months. Regardless of the names for time zones, the way I had to express it to clients was, "we're on New York time" or, "We're on Chicago time." Back then they were out of synch six months, weren't they?



ADVERTISEMENT