Public Companies

Profit, revenue increase for Interactive Intelligence

November 1, 2010
 IBJ Staff
The 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.
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Old 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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Simon's quarterly results slip, but profit, revenue rise

November 1, 2010
Bloomberg News
Simon Property Group Inc., the largest U.S. shopping-mall owner, said third-quarter profit declined from a year ago after the company recorded an expense to buy back debt.
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First Internet Bancorp quarterly earnings up again

November 1, 2010
First Internet Bancorp earned just over $1 million in the third quarter ended Sept. 30, compared to a loss of $208,806 for the same quarter of 2009.
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PROXY CORNER: The Finish Line Inc.

October 30, 2010
 IBJ Staff
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.thefinishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.
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Baldwin & Lyons reports lower profit, higher revenue

October 28, 2010
Kathleen McLaughlin
The insurer announced Thursday morning that it earned $9.2 million in the third quarter, down from $14.3 million a year ago. Quarterly revenue rose to $67.3 million, up from $65.5 million.
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Duke Realty improves third-quarter performance

October 28, 2010
 IBJ Staff
Duke Realty Corp. had its best leasing quarter in three years and boosted overall occupancy to nearly 90 percent, helping the company post a profit for the fiscal period ended Sept. 30.
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Dow Agro sales climb, but profit suffers

October 28, 2010
 IBJ Staff and Bloomberg News
Indianapolis-based Dow AgroSciences improved revenue during the third quarter thanks to a 26-percent increase in volume, but it still recorded a loss for the period.
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After disagreement, Lewis leaves WellPoint with $3.2M

October 27, 2010
J.K. Wall
Dijuana Lewis will get nearly $3.2 million on her way out the door at WellPoint Inc. after what sources described as a dispute with CEO Angela Braly over a change in duties.
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Celadon's quarterly profit, revenue improve

October 26, 2010
 IBJ Staff
The Indianapolis-based trucking company reported revenue of $140.3 million for the fiscal first quarter and profit of $4.4 million.
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Cummins shares fall after quarterly report

October 26, 2010
 IBJ Staff and Associated Press
Cummins Inc. reported $283 million in third quarter profit, a three-fold increase from the year-ago period, but the performance missed analyst expectations.
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American Commercial Lines sued over $777M buyout bid

October 26, 2010
Bloomberg News
Officials of Jeffersonville-based American Commercial and private-equity firm Platinum Equity LLC structured the $33-a-share offer in a way that unfairly bars other bids for the shipping company, American Commercial shareholder Leonard Becker said in his lawsuit.
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Analysts grill Lilly execs on strategy after setbacks

October 21, 2010
J.K. Wall
Wall Street analysts on Thursday demanded to know what new things Eli Lilly and Co. is planning since the company’s vaunted pipeline has failed to produce a drug that will boost revenue after a wave of patent expirations. The answer: Not much.
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Vera Bradley shares off to impressive start

October 21, 2010
Stock in the Fort Wayne-based company began trading Thursday morning at $16 but climbed as high as $23.90.
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ITT profit soars despite drop in new-student enrollment

October 21, 2010
J.K. Wall
ITT Educational Services Inc.’s third-quarter profit of $93.2 million handily beat the expectations of Wall Street analysts, but the company suffered its first decline in new-student enrollment since the recession began.
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Lilly raises forecast after beating third-quarter profit estimates

October 21, 2010
J.K. Wall
The Indianapolis-based drugmaker reported a profit of $1.3 billion in the quarter ended Sept. 30, up 38 percent compared with last year. Excluding extraordinary items from a year ago, Lilly’s profit was up 2 percent.
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Vera Bradley set to go public

October 20, 2010
Scott Olson
The Fort Wayne-based company is scheduled to begin trading as a public company Wednesday morning. The estimated offering price is $14 to $16 each, although a Morningstar analyst predicts the IPO could bring as much as $18 a share.
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Thinner margins squeeze Steel Dynamics profit

October 19, 2010
The Fort Wayne-based steelmaker reported profit of $19 million, or 9 cents per share, compared with $69 million, or 30 cents per share, in the same period last year.
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Emmis loss shrinks as radio stations produce more cash

October 15, 2010
J.K. Wall
The Indianapolis-based media company announced this morning that it lost $2.3 million in the latest quarter, down from a whopping $135.6 million in the same period a year earlier.
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Biomet sales rise, but slower than expected

October 13, 2010
Associated Press
Biomet's quarterly results are considered an indicator on the state of the orthopedic device industry because it reports results before most of its competitors.
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WellPoint, other insurers' stock buybacks concern investors

October 12, 2010
Bloomberg News
Indianapolis-based WellPoint Inc. and competing U.S. health insurers approved $10 billion in stock repurchases in the past year, a concern to investors who say buybacks failed to increase share prices and who want more spent on dividends.
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Frontier could seek marketing deal with major airline

October 11, 2010
Bloomberg News
Frontier Airlines may seek a marketing agreement with a major carrier as industry collaboration continues, said Bryan Bedford, chief executive of Indianapolis-based parent company Republic Airways Holdings Inc.
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Lilly's Erbitux shows mixed results in cancer studies

October 11, 2010
Bloomberg News
In combination with chemotherapy, the drug failed to help colon-cancer patients in a European trial but did delay the spread of breast cancer in some patients with a certain type of aggressive tumor.
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Finish Line introduces in-store kiosks to make custom T-shirts

October 9, 2010
Cory Schouten
Finish Line is testing touch-screen customization kiosks at its Greenwood Park Mall store. The kiosks, which look like oversize iPads, produce an individualized Nike T-shirt in about 15 minutes.
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Biglari adjusts controversial pay proposal

October 1, 2010
Cory Schouten
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
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  1. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

  2. Look no further than Mike Rowe, the former host of dirty jobs, who was also a classically trained singer.

  3. Current law states income taxes are paid to the county of residence not county of income source. The most likely scenario would be some alteration of the income tax distribution formula so money earned in Marion co. would go to Marion Co by residents of other counties would partially be distributed to Marion co. as opposed to now where the entirety is held by the resident's county.

  4. This is more same-old, same-old from a new generation of non-progressive 'progressives and fear mongers. One only needs to look at the economic havoc being experienced in California to understand the effect of drought on economies and people's lives. The same mindset in California turned a blind eye to the growth of population and water needs in California, defeating proposal after proposal to build reservoirs, improve water storage and delivery infrastructure...and the price now being paid for putting the demands of a raucous minority ahead of the needs of many. Some people never, never learn..

  5. I wonder if I can marry him too? Considering we are both males, wouldn't that be a same sex marriage as well? If they don't honor it, I'll scream discrimination just like all these people have....

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