Financial Results

Emmis reports smaller annual loss on higher revenue

May 10, 2011
Scott Olson
The Indianapolis-based media company said an improving economy helped it cut its losses as revenue from radio operations grew 4.3 percent. Still, the company continues to struggle with a heavy debt load.
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Kite Realty Trust reports wider first-quarter loss

May 6, 2011
 IBJ Staff
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
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Disasters sink Baldwin & Lyons quarterly results

May 5, 2011
 IBJ Staff
Earthquakes and flooding took a toll on Baldwin & Lyons Inc.’s first quarter results, the Indianapolis-based insurer announced Thursday morning.
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Calumet turns profit on higher product demand

May 4, 2011
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
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Auction services firm improves revenue, profit

May 4, 2011
 IBJ Staff
The parent company of the Adesa auto auction firm more than quadrupled its first-quarter profit on revenue that increased 5 percent.
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UPDATE: Republic Airways loses $22M on fuel, maintenance

May 3, 2011
 IBJ Staff and Associated Press
Indianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance costs.
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Duke Energy quarterly profit rises almost 15 percent

May 3, 2011
Associated Press
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
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CNO Financial's first-quarter profits surge 59 percent

May 2, 2011
J.K. Wall
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.
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Simon Property results improve as store rents climb

April 29, 2011
Bloomberg News
Simon Property Group Inc., the largest U.S. shopping-mall owner, said funds from operations rose 75 percent in the first quarter as retail sales climbed.
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Brightpoint's earnings surge on smartphone sales

April 28, 2011
Associated Press
Brightpoint Inc., a distributor of wireless phones, said Thursday that its earnings increased more than sixfold as the growing demand for smartphones meant that more higher-priced devices passed through Brightpoint's facilities.
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Duke Realty reports strong quarterly results

April 28, 2011
Scott Olson
The Indianapolis-based real estate investment trust reported a first-quarter profit of $47.6 million compared with a loss of $15.3 million in the same quarter a year earlier. Gains from the sale of properties helped drive profit.
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Dow AgroSciences reports record revenue

April 28, 2011
 IBJ Staff
Indianapolis-based Dow AgroSciences on Thursday reported sales of $1.6 billion in its first quarter, up 17 percent from the same period last year due to higher volume and increased prices.
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WellPoint profit continues health insurance rally

April 27, 2011
J.K. Wall
Indianapolis-based WellPoint Inc. is the third health insurer in the past week to beat analysts' predictions by a huge margin and raise its full-year forecast.
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Bell Industries turns annual profit

April 27, 2011
The holding company for Bell Techlogix and the Recreational Products Group earned a profit of $300,000 in 2010 after losing $1.9 million the previous year.
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WellPoint's first-quarter profit soars above expectations

April 27, 2011
J.K. Wall
The Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
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Celadon boosts financial performance

April 27, 2011
 IBJ Staff
Celadon Group Inc. improved revenue and profit in its third fiscal quarter despite lower volumes attributed to bad weather, the Indianapolis-based trucking company said Tuesday.
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Cummins' profit more than doubles in first quarter

April 26, 2011
The Columbus, Ind.-based engine maker reported first-quarter profit of $343 million amid continued strength in key international markets and a recovery in the North American truck market.
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Profit, revenue up at Interactive Intelligence

April 26, 2011
 IBJ Staff
The Indianapolis business-communications software firm on Monday reported revenue of $47.7 million in the quarter ended March 31, up 36 percent from the same period last year. Profit was $3.1 million.
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Enrollment, profit fall at ITT Educational

April 21, 2011
J.K. Wall
The Carmel-based operator of for-profit colleges earned $85.4 million in the three months ended March 31, a 2.4-percent decline from the same quarter a year ago.
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Charges drive down first-quarter profit at Lilly

April 18, 2011
J.K. Wall
First-quarter profit fell at Eli Lilly and Co. as the company recorded restructuring charges due to its downsizing and higher research costs as it tries to develop new drugs to help it shrug off its looming patent expirations.
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Toning-shoe trend fading, but doesn't trip up Finish Line

March 25, 2011
Cory Schouten
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
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Finish Line reports rise in quarterly earnings, sales

March 25, 2011
Associated Press
The Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue rose 2.7 percent, to $384.6 million.
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Shoe Carnival reports record annual profit

March 18, 2011
The Evansville-based shoe and apparel retailer said it earned $26.8 million in its last fiscal year. The company also reported record same-store sales.
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Annual profit, revenue shrink for Noble Roman's

March 15, 2011
 IBJ Staff
The Indianapolis-based pizza franchisor saw declining results from its restaurants, but got a boost from its growing line of take-and-bake products.
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Hurco turns first quarterly profit in two years

March 10, 2011
The Indianapolis-based machine tool maker reported profit of $1.5 million on revenue of $39.7 million in its fiscal first quarter.
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