Financial Results

HHGregg’s profit jumps on life-insurance payout

May 23, 2012
Scott Olson
The Indianapolis-based appliance and electronics retailer on Wednesday reported fiscal quarterly profit of $53.6 million, including $39.6 million from a life insurance policy the company took out on former executive chairman Jerry W. Throgmartin.
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Klipsch helps parent firm double cash flow

May 15, 2012
J.K. Wall
Indianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to be flat compared with prior periods.
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First-quarter profit, revenue flat for Noble Roman’s

May 15, 2012
The pizza franchisor earned $365,079 in the quarter ended March 31. But it continues to see more growth from take-n-bake products in grocery stores.
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ExactTarget sees bigger loss in first quarter

May 10, 2012
 IBJ Staff
ExactTarget Inc. posted a $4.7 million net loss in the first quarter, its first as public company, the Indianapolis-based software firm announced Thursday after financial markets closed.
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Emmis ends profitable year despite quarterly loss

May 10, 2012
Scott Olson
The Indianapolis-based media company lost $18.2 million in its fiscal fourth quarter but reported a profit of $79.5 million for the fiscal year largely due to the repurchase of company preferred stock.
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Remy International reports smaller first-quarter profit

May 10, 2012
 IBJ Staff
Remy International Inc. saw its sales fall slightly and profit plummet in the first quarter as it paid down debt, invested in hybrid motor development and coped with a weak European market.
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KAR Auction revenue up, profit down

May 8, 2012
 IBJ Staff
Carmel-based KAR Auction Services Inc. saw revenue climb but profit shrink in the first quarter, the company said Monday.
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Growth tear swells Simon Property GroupRestricted Content

May 5, 2012
Cory Schouten
Simon Property Group Inc. this year joined the Standard & Poor’s 100 Index, a listing of the nation’s largest and most established companies including Apple, Coca-Cola and McDonald’s. The Indianapolis-based company is the only real estate company on the list and is now the largest real estate company in the world.
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Duke Energy profit falls on Indiana plant settlement

May 4, 2012
Bloomberg News
Duke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild weather reduced heating demand.
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Baldwin & Lyons posts record first-quarter profit

May 3, 2012
The auto and trucking fleet insurer reported profit of $11.5 million in the first quarter compared with a loss of $15.2 million in the prior-year period, when company earnings took a beating from earthquakes in Japan and New Zealand.
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North American growth propels Cummins' profit

May 1, 2012
Kathleen McLaughlin
Cummins Inc.'s profit jumped 33 percent in the first quarter due to strong demand for its engines in the North American market, the Columbus-based manufacturer said Tuesday morning.
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CNO quarterly earnings jump on stronger sales

April 30, 2012
Chris O'Malley
CNO Financial Group Inc. on Monday reported first-quarter earnings of $59.1 million, a 30-percent increase from the $45.1 million it earned in the same quarter last year.
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BrightPoint stock sinks on lower earnings report

April 27, 2012
Kathleen McLaughlin
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
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Simon boosts dividend after gains in sales, occupancy, rent

April 27, 2012
Cory Schouten
Simon Property Group Inc. said sales at its U.S. malls jumped 11.2 percent in its most recent quarter, to $546 per square foot. Simon malls were 93.6-percent occupied, up from 93 percent.
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Zimmer profit up slightly, meets expectations

April 26, 2012
Associated Press
Indiana-based orthopedic implant maker Zimmer Holdings Inc. on Thursday reported a fractional increase in first-quarter profit on higher sales in all global regions, particularly the Asia Pacific.
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Interactive Intelligence shares fall on smaller profit

April 26, 2012
Chris O'Malley
Shares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software maker reported lower earnings.
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Dow Agro sales surge on healthy ag market

April 26, 2012
J.K. Wall
Sales at Indianapolis-based Dow AgroSciences grew 14 percent in the first quarter, to $1.8 billion, helped by an early planting season in North America and a buoyant agricultural market.
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Duke Realty’s quarterly results in line with expectations

April 26, 2012
Indianapolis-based Duke Realty Corp.’s financial performance in the first quarter met analyst expectations even though the company suffered a $36 million loss and saw revenue decline by $65 million.
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Republic reports smaller loss on higher revenue

April 26, 2012
Republic Airways Holdings Inc. on Wednesday reported higher revenue and a smaller loss in the first quarter compared to the same period a year ago.
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Celadon reports higher quarterly profit, revenue

April 24, 2012
 IBJ Staff
Celadon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced Tuesday night.
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Allison earnings rise on surging sales

April 24, 2012
Kathleen McLaughlin
Allison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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Republic Air sees revenue climb, earnings fall

March 1, 2012
The Indianapolis-based company's quarterly revenue increased 7.4 percent, to $697.8 million, primarily due to an 11-percent increase in revenue from the Frontier unit.
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Soaring revenue at Angie's List impresses analysts

February 23, 2012
 IBJ Staff
Indianapolis-based Angie's List beat analysts’ revenue expectations in its first quarter as a public company, seeing results from a marketing campaign that drove up expenses.
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Brightpoint shares slide after it lowers forecast on loss of customer

February 22, 2012
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its annual earnings guidance in response to the loss of a major customer.
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Angie’s List expected to continue financial losses

February 22, 2012
Scott Olson
The Indianapolis-based company should post a loss of 11 cents per share when it reports its first earnings as a public company on Wednesday afternoon. But at least one analyst is upbeat about its long-term prospects.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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