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Financial Results
Baldwin & Lyons reports higher revenue, lower profit
February 3, 2011
Indianapolis-based insurer of car and truck fleets posts quarterly profit slightly lower than a year ago. Revenue, however,
rose to $67.7 million, up from $60.8 million in 2009.
MoreBrightpoint revenue, earnings exceed analyst expectations
February 2, 2011
IBJ StaffThe wireless phone distributor said revenue in the fourth quarter was $1.1 billion, an increase of 24 percent over the same
period of 2009.
MoreCummins reports record quarterly sales, profit
February 1, 2011
Sales for the fourth quarter were $4.1 billion, up 22 percent from the same period in 2009. Quarterly profit of $362 million,
or $1.84 per share, exceeded analyst expectations.
MoreInteractive Intelligence reports higher profit, revenue
January 28, 2011
A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million
in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
MoreDuke Realty reports strong year-end results
January 27, 2011
Cory SchoutenDuke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best
leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
MoreWellPoint profit better than analyst estimates
January 26, 2011
Bloomberg News, J.K. WallExcluding special charges, WellPoint’s profit fell 2 percent to $524.7 million in the fourth quarter from $536 million
in the fourth quarter of 2009. But earnings per share improved thanks to stock buybacks.
MoreCeladon sees quarterly rise in profit, revenue
January 25, 2011
IBJ StaffThe Indianapolis-based trucking company reported revenue of $133.1 million, up 4.6 percent from the same quarter of 2009.
Profit rose to $2.9 million from $1 million.
MoreUPDATE: ITT Educational profit gives shares a boost
January 20, 2011
IBJ Staff and Bloomberg NewsShares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter
profit that beat analysts’ estimates.
MoreEmmis surges as industry anticipates radio sale
January 13, 2011
J.K. WallEmmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively
pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares
gained another 13 percent on Thursday.
MoreHurco reports fourth quarter, annual losses
January 12, 2011
Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.
MoreEmmis reports $1.6 million quarterly loss
January 11, 2011
The Indianapolis-based media company suffered a loss in the fiscal third quarter despite a 3-percent rise in revenue.
MoreInteractive Intelligence expecting strong earnings
January 11, 2011
Scott OlsonIndianapolis-based business-communications software firm said it is expecting higher profit and revenue for both the fourth
quarter and fiscal 2010. Lucrative product orders in the fourth quarter should help boost earnings.
MoreHHGregg shares slide on lower earnings outlook
January 6, 2011
IBJ Staff and Associated PressThe Indianapolis-based appliance and electronics retailer attributed its lower outlook to weak demand for new video technology
products. Sales of LED and 3-D televisions were less than expected while sales of lower-priced TVs were higher than anticipated.
MoreStrong holiday sales give Finish Line a boost
December 22, 2010
Scott OlsonThe company said on Tuesday sales at stores open more than a year rose 4.5 percent from Nov. 28 through Dec. 19 compared to
the same period a year ago.
MoreNoble Roman's reports loss
November 11, 2010
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model
in favor of offering its products in convenience and grocery stores.
MoreHHGregg shares swoon after quarterly report
November 9, 2010
Scott OlsonHHGregg Inc.'s profit in its fiscal second quarter fell 20.4 percent from a year ago while expansion boosted revenue 45 percent.
MoreRepublic Airways profit soars on acquisitions
November 8, 2010
IBJ Staff and Associated PressIndianapolis airline plans a public offering of 12 million shares of common stock that could raise $100 million or more.
MoreKAR Auction reports higher profit, revenue
November 4, 2010
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of
2009. Profit tripled, to $25.6 million.
MoreBrightpoint shares rise after results top expectations
November 4, 2010
IBJ StaffThe wireless-device distributor reported revenue of $889 million in the third quarter, an increase of 3 percent compared to
the same quarter of 2009.
MoreKite Realty improves third-quarter results
November 4, 2010
IBJ StaffIndianapolis-based Kite Realty Group Trust improved its financial performance in the third quarter, reporting funds from operations
of $7.8 million, up from $2.8 million in the same period last year despite a slight dip in revenue.
MoreWellPoint boosts third-quarter profit, raises forecast
November 3, 2010
J.K. WallThe Indianapolis-based health insurer raised its full-year profit forecast by 20 cents per share, after lower-than-expected
claims and lower administrative costs increased third-quarter profit by 1 percent.
MoreCNO Financial Group profit beats analysts' expectations
November 2, 2010
J.K. WallExcluding investment and special charges, the Carmel-based life and health insurer on Tuesday reported a profit $47.1 million,
down 13 percent from the same quarter a year ago, but still beat analysts' expectations.
MoreFinishMaster reports higher quarterly sales, profit
November 2, 2010
The Indianapolis-based distributor of automotive paints and accessories said its third-quarter profit climbed nearly 16 percent,
to $3.5 million. Revenue increased 3 percent, to $108.8 million.
MoreProfit, revenue increase for Interactive Intelligence
November 1, 2010
IBJ StaffThe business-communications software firm had profit of $3.5 million in the quarter ended Sept. 30, up from $2.8 million in
the same period of 2009. Quarterly revenue leaped to $41.8 million, an increase of 26 percent.
MoreOld National profit rises
November 1, 2010
The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.