Public Companies

S&P 500 sets all-time high in intraday trading

August 25, 2014
 Associated Press and IBJ Staff
The index breached the 2,000-point barrier soon after markets opened on Monday, nearly hitting 2002 points around noon. The Dow also was near its high watermark.
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Struggling Angie's List lays off 97 salespeople

August 22, 2014
Mason King
The consumer-review firm told federal regulators Friday that the move was "part of a focus on improving salesforce performance and productivity."
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Kite shares start trading under 1-for-4 split

August 12, 2014
Kite Realty Group Trust's stock fetched $25 on Tuesday, an increase of more than 300 percent from the previous close, after the company's split took effect.
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Noble Roman's dough rises with higher profit, revenue

August 12, 2014
Scott Olson
The Indianapolis-based franchisor continues to focus on offering take-and-bake pizzas in grocery stores and stand-alone locations to grow revenue.
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Baldwin & Lyons' profit surges on big investment gains

August 7, 2014
 IBJ Staff
Of the insurer's $9.3 million in profit in the second quarter, only $4.1 million was attributed to its core operations.
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ITT cash crunch has analysts raising spectre of bankruptcy

August 5, 2014
J.K. Wall
Carmel-based ITT Educational Services no longer has a margin of error, as it tries to dig out from a scuttled real estate deal, tightened rules from lenders and the feds, and its CEO's pending resignation.
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ITT Educational CEO signals resignation amid stock freefall, federal scrutiny

August 4, 2014
Mason King, J.K. Wall
Carmel-based ITT Educational Services Inc. announced late Monday afternoon that CEO Kevin Modany planned to resign within six months. The struggling for-profit education firm has drawn scrutiny from government officials for its marketing and lending practices.
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ITT Educational shares reeling after deal falls through

August 4, 2014
Bloomberg News
The real estate deal would have brought as much as $119.1 million for the struggling, Carmel-based education firm.
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Allison profit upshifts on North American demand

July 24, 2014
 IBJ Staff
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
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Kite Realty to engineer 1-for-4 reverse stock split

July 22, 2014
Mason King
The move will hike the real estate firm's stock price, combining every four shares into a single share. Kite officials hope a double-digit price will give shares a more stable foundation and an image makeover.
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Interactive Intelligence shares dive on expected shortfall

July 16, 2014
Dan Human
The local software and services firm has released disappointing preliminary results for its second quarter, leading to a 16-percent stock tumble.
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ExactTarget acquisition boosted Indy's tech mojo, local execs say

July 11, 2014
Dan Human
Near the first anniversary of ExactTarget's $2.5 billion purchase by Salesforce.com, local tech gurus explain how the acquisition lifted all ships by bringing new prestige, investment and expertise to the city.
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Profit dips for Emmis despite boost from new stations

July 9, 2014
 IBJ Staff
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
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Heads roll at GM after investigation of defective switch

June 5, 2014
Associated Press
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
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Old National scoops up Lafayette Savings Bank for $42M

June 4, 2014
 IBJ Staff
The purchase of LSB Financial Corp., parent of Lafayette Savings Bank, will add $366 million in assets and five branches to Old National's portfolio.
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Head in the cloud: Interactive ramps up software offerings

June 3, 2014
Dan Human
Interactive Intelligence Group Inc. will plow further into cloud-based computing—now a big driver of sales—with a new set of call-center services unveiled Tuesday morning.
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Shares of Simon spinoff dip in early trading

May 29, 2014
 IBJ Staff
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
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Washington Prime shares set stage for NYSE debut

May 28, 2014
 IBJ Staff
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
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Shares of Simon Property spinoff to begin trading

May 27, 2014
Washington Prime Group Inc., listed under the "WPG" ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
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Stonegate Mortgage results tumble in first quarter

May 15, 2014
Chris O'Malley
Despite bucking an industry downturn in mortgage loan originations during the first quarter, Stonegate Mortgage Corp. on Thursday reported a net loss of $7.9 million.
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Interactive Intelligence to hire hundreds in growth plan

May 1, 2014
 Associated Press and IBJ Staff
CEO Don Brown recently told IBJ that the firm expected to hire in the neighborhood of 250 workers in 2014, and also was looking at constructing an additional building by its headquarters. An announcement is set for Thursday afternoon.
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Exec from struggling RadioShack joins HHGregg

April 30, 2014
 IBJ Staff
In joining the Indianapolis-based firm as COO, Troy Risch trades one big retailer struggling to find its footing for another.
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CNO takes big earnings hit to dispose of old business

April 28, 2014
 IBJ Staff
Excluding the cost of finally shedding a block of business from predecessor Conseco Inc., CNO's operations were on the upswing in the first quarter.
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Finish Line increases stake in running division

April 25, 2014
The Indianapolis-based athletics retailer bought a larger share in the Running Specialty Group, a chain that operates 49 stores in 11 states.
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First Internet profit slides in first quarter

April 24, 2014
 IBJ Staff
A big decline in income from mortgage banking, linked to the national slowdown in home refinancing, carved a chunk from earnings.
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