Profitability

Finish Line's chain of running stores 'turning a corner'Restricted Content

April 26, 2014
Scott Olson
The Finish Line Inc.’s 48-store specialty running chain has been stuck in neutral and unable to grind out a profit since its inception three years ago. But the Indianapolis-based athletics retailer thinks its Running Specialty Group is poised at least to break even this year after reporting small losses every year since 2011.
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City’s $160M deal adds to Pacers' financial winning streakRestricted Content

April 19, 2014
Anthony Schoettle
The Pacers' revenue stream this season has increased about $42 million from where it was during the 2008-2009 season, and the team’s finances could get even brighter as the NBA negotiates a new national television package.
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Calumet shares skid on big fourth-quarter loss

February 19, 2014
 IBJ Staff
The Indianapolis-based processor of crude oil blamed its loss on tighter profit margins and higher operating costs. It has been on an acquisition spree since 2011.
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Angie's List turns corner on profitability

February 13, 2013
Chris O'Malley
Indianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings service's first profitable period since its 1995 founding.
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Duke loss narrows, quarter meets expectations

November 1, 2012
 IBJ Staff
Indianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32 million in the same quarter of 2011.
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Analysts say Angie's List on path to profitability

June 16, 2012
Chris O'Malley
Indianapolis-based Angie's List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the company that offers consumer-written reviews of service providers is on track to become profitable in 2014.
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Indianapolis Indians scoring sponsorship, attendance increases

July 24, 2010
Anthony Schoettle
Minor-league baseball team could be in line to register another $1 million profit thanks to improvements in sponsorship sales and attendance.
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AIT shares profit with employees - again

December 21, 2009
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take in profit sharing this year to an impressive $3 million.
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Indianapolis Indians take big revenue hit, but team still profitable

December 5, 2009
Anthony Schoettle
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite that, the team’s board voted unanimously to pay a dividend.
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George gives IRL four years to break even ... or elseRestricted Content

May 4, 2009
Anthony Schoettle
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn't break into the black soon.
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ChaCha co-founder dancing to different drumRestricted Content

April 27, 2009
Chris O'Malley
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he hasn't left. "Brad is still engaged with the company as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
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Gambling habit puts state at riskRestricted Content

April 6, 2009
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
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Indians buck recession, score more sponsor dollarsRestricted Content

March 30, 2009
Anthony Schoettle
Despite the bad economy, the Indianapolis Indians' franchise could make a record amount of money in 2009.
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State's gambling jackpot may have reached its limitRestricted Content

March 30, 2009
Peter Schnitzler
Hoosiers' long ride on the gambling gravy train finally may be coming to an end.
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Buy-and-hold a bad tactic in these market conditionsRestricted Content

February 2, 2009
If world leaders don't quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage isn't likely to surface anytime soon, investors should rethink traditional strategies now.
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Big season for Indians' stockholdersRestricted Content

November 26, 2007
Anthony Schoettle
The Indianapolis Indians are rewarding stockholders in the franchise following a season in which revenue and profit grew, thanks to significant increases in ticket, concession and merchandise sales. The higher profit fueled a 75-percent dividend increase this year and an increase of more than $6,500 in the franchise's standing offer to repurchase shares.
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  1. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  2. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  3. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  4. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

  5. There is no developer on the planet that isn't aware of what their subcontractors are doing (or not doing). They hire construction superintendents. They have architects and engineers on site to observe construction progress. If your subcontractor wasn't doing their job, you fire them and find someone who will. If people wonder why more condos aren't being built, developers like Kosene & Kosene are the reason. I am glad the residents were on the winning end after a long battle.

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