Financial Results

Allison Transmission profits tripled in 2011

February 21, 2012
Chris O'Malley
Net income of $103 million last year compares with a profit of $29.6 million in 2010 and a loss of $323.9 million in 2009, according to a document the transmission maker filed Feb. 17 with the Securities and Exchange Commission as part of its planned IPO.
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Calumet Specialty revenue, profit jump after acquisition

February 15, 2012
Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
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Disappointing quarter puts WellPoint brass on hot seatRestricted Content

February 11, 2012
Greg Andrews
Analysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing of its Medicare Advantage senior coverage.
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Kite reports quarterly profit, smaller annual loss

February 9, 2012
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost $800,000 for the entire year.
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HHGregg reports smaller profit in fiscal third quarter

February 8, 2012
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
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Roche sales rise 4 percent in 2011

February 6, 2012
J.K. Wall
Roche Diagnostics Corp.’s North American business, which is headquartered in Indianapolis, posted a 4-percent boost in sales last year on the strength of its fluid analyzer business unit, even though its diabetes sales fell.
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Dow Agro posts record fourth quarter profit

February 2, 2012
 IBJ Staff and Associated Press
The Indianapolis-based unit of Dow Chemical Co. saw earnings grow to $142 million, a fourth-quarter record and double the $72 million reported for the 2010 period.
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Cummins posts record results for quarter, 2011

February 2, 2012
Kathleen McLaughlin
Columbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18 billion.
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Republic Airways boosts expectations for 4th quarter

January 26, 2012
Associated Press
Indianapolis-based Republic Airways Holdings Inc. on Wednesday raised its outlook related to the performance of its Frontier Airlines service.
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WellPoint shares sink after disappointing earnings report

January 25, 2012
 IBJ Staff and Associated Press
WellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed to meet analyst expectations.
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Hurco reports fourth straight quarterly profit

January 13, 2012
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
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HHGregg shares sink on disappointing earnings

January 10, 2012
Associated Press
Appliance and electronics retailer HHGregg Inc.'s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
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Finish Line got strong start to holiday season

December 22, 2011
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
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Third-quarter profit dips at OneAmerica

December 6, 2011
J.K. Wall
OneAmerica earned $15.4 million in the three months ended Sept. 30, down 53 percent from the same quarter a year ago. Most of that difference came from a 17-percent jump in policy benefit payments.
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Hillenbrand profit up 17 percent after Rotex deal

November 28, 2011
Associated Press
Hillenbrand Inc. said Monday its profit grew 17 percent in the fiscal fourth quarter after it acquired Rotex Global LLC.
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Local business bank parent reports third-quarter profit

November 18, 2011
Indiana Business Bancorp attributed its profit of 9 cents per share to higher non-interest income a lower loan-loss provision expense.
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Shoe Carnival quarterly earnings rise 15 percent

November 18, 2011
Associated Press
The Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period ended Oct. 29, up from $9.1 million a year ago.
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Cash-strapped Arcadia seeks DailyMed buyer

November 15, 2011
Scott Olson
The Indianapolis-based company is searching for a buyer for its once-promising DailyMed pharmacy service as it struggles to pay $30 million in debt that comes due in April.
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Remy International reports lower third-quarter profit

November 8, 2011
The Pendleton-based company filed plans in March to raise up to $100 million through an initial public offering.
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Indiana plant a drag on Duke Energy earnings

November 3, 2011
Associated Press
Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
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Catastrophes deliver more losses to Baldwin & Lyons

November 3, 2011
J.K. Wall
The auto and trucking fleet insurer lost $13 million, or 87 cents per share in the three months ended Sept. 30, compared with profit of $9.2 million, or 62 cents per share, in the same period a year earlier.
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Slower sales curb results at Adesa parent

November 3, 2011
J.K. Wall
Carmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
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HHGregg shares surge on strong quarterly profit

November 2, 2011
Scott Olson
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
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Angie’s List losses continue to climb

November 1, 2011
Scott Olson
In a Monday SEC filing, the company said it lost $43.2 million through the first nine months of 2011, pushing total losses since 2006 to $160.6 million. Angie's List filed in August to go public.
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Old National’s profit grows 41 percent

October 31, 2011
The Evansville-based financial services holding company reported third-quarter profit of $16.8 million. Earnings would have been even better without expenses related to its purchase of Integra Bank.
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