Financial Results

Conseco profit at high end of estimates

August 4, 2009
J.K. Wall
Conseco Inc. recorded profit at the high-end of its preliminary estimates, the company announced today.
More

UPDATE: Simon rents, occupancy buck shopping decline

August 4, 2009
Cory Schouten
Sales still are suffering at shopping centers owned by Simon Property Group Inc., but the Indianapolis-based mall giant managed in the second quarter to keep occupancy steady and eke out an increase in average rent rates.
More

White River Capital's profit drops 33 percent

August 4, 2009
White River Capital Inc. today reported its profit in the second quarter fell 33 percent compared to the same period last year, due primarily to expenses associated with its canceled merger.
More

Simon reports loss amid tough retail conditions

August 4, 2009
Cory Schouten
Indianapolis shopping mall giant Simon Property Group Inc. today said it lost $20.8 million in the second quarter in what it called a "difficult retail environment."
More

Duke Realty suffers second-quarter loss

July 31, 2009
 IBJ Staff
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations, a key performance measure for real estate investment trusts.
More

Cummins' stock rises despite lower revenue, profit

July 30, 2009
Cummins Inc.'s stock jumped more than 6 percent in morning trading after its quarterly results beat analyst estimates.
More

Investments propel Baldwin & Lyons profit

July 30, 2009
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment gains from recovering equity markets helped boost performance.
More

WellPoint stock falls despite quarterly profit

July 29, 2009
J.K. Wall
WellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
More

Conseco shares jump after profit report

July 29, 2009
J.K. Wall
Shares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
More

Conseco says profit in line with estimates

July 28, 2009
J.K. Wall
Conseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after the market closed.
More

Old National profit falls, but beats expectations

July 27, 2009
Scott Olson
Second-quarter profit for Old National Bancorp fell 50 percent from the same period a year ago, but the company still managed to exceed analysts’ expectations.
More

Biomet reports loss on special charges

July 15, 2009
 IBJ Staff
Biomet Inc. yesterday reported a $170.9 million loss in its fiscal fourth quarter as the result of more than $300 million in special charges.
More

Interactive Intelligence expects higher profit

July 14, 2009
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter, up from $845,000 the company earned in the same period last year.
More

Brightpoint's Danish deal not so sweet two years laterRestricted Content

July 13, 2009
Greg Andrews
The cross-continent mega deal that made Brightpoint Inc. the world’s biggest wireless phone distributor has lost much of its sheen two years after being struck. Brightpoint Inc. in August 2007 purchased Denmark-based Dangaard Telecom for $385 million in stock and the assumption of $350 million in Dangaard debt.
More

Fortune ekes out profit on falling revenue

July 13, 2009
Indianapolis-based Fortune Industries Inc. managed a small profit in its third quarter and now has turned a profit in each of its last three quarters, the company announced this morning.
More

Debt maneuvers help Emmis turn quarterly profit

July 10, 2009
 IBJ Staff
Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.
More

Steak n Shake sales, traffic rise

July 8, 2009
 IBJ Staff
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter, which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the same period a year ago, it said in a brief Securities and Exchange filing.
More

Duke upends growth plan, focuses on paying debtRestricted Content

March 16, 2009
Greg Andrews
In this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
More

Mall giant says it's in good shape, but takes steps to conserve cashRestricted Content

February 9, 2009
Cory Schouten
Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
More

Emmis' market value in free fall as radio industry takes beatingRestricted Content

September 29, 2008
Anthony Schoettle

For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis' stock has fallen 84 percent, shrinking the company's stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis' highest-profile businesses.


More

Hat World shows sign of recovering from lackluster yearRestricted Content

August 4, 2008
Chip Cutter

The locally based headwear retailer Hat World made a name for itself by snatching up competitors and opening hundreds of stores around the country. However, after sluggish sales in the fiscal year that ended Feb. 2, the company--a unit of Nashville, Tenn.-based Genesco Inc.--says it plans to open fewer stores than usual this year so officials can put their focus back on existing operations.


More

Investments propel Baldwin & Lyons profit

July 30, 2008
 IBJ Staff
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment gains from recovering equity markets helped boost performance.
More

Steak n Shake expects 'rebuilding year'Restricted Content

August 20, 2007
Cory Schouten
Steak n Shake Co. CEO Peter M. Dunn analyzed and measured just about everything at the restaurant chain, from drive-through times to employee turnover. All that research and testing was welcome when the company was thriving a few years ago. But the lack of evidence that all the analysis was paying off eroded Wall Street's confidence in Dunn.
More
Page  << 11 12 13 14 pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT