Public Companies

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ARTICLES

Zimmer to pay Stryker $70M in surgical device fight

The award is actually less than a third of what Warsaw-based Zimmer was originally ordered to pay for infringing patents on a lavage device.
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Sixteen firms promise Indiana expansions, 2,100-plus jobs

Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
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ITT Educational shares soar on loan agreement

The Carmel-based, for-profit educator announced Thursday that it had secured a much-needed, $100 million loan.
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Order-fulfillment firm sells for $55M in cash

A publicly traded e-commerce firm has acquired Indianapolis-based Fifth Gear, a company with more than 500 employees that specializes in fulfilling consumer orders through catalogs and digital retail.
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Steak n Shake profit falls as franchised restaurants grow

The Indianapolis-based burger chain's smaller annual profit resulted from an ongoing effort to increase the company's number of franchised restaurants, with plans to open units as far away as the Middle East.
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State’s publicly traded retailers aim to cash in on bright holiday forecasts

Shares of The Finish Line Inc., HHGregg Inc. and The Shoe Carnival Inc. all have lost value this year and are trailing major stock indexes by a wide margin.
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Stonegate shares shellacked after third-quarter loss

Shares of Stonegate Mortgage Corp. sank 18 percent in trading Thursday after the firm reported third-quarter losses of $1.7 million and missed Wall Street estimates by a wide margin.
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Target to close Castleton store

Eleven underperforming locations in all will be eliminated by the Minneapolis-based retailer, it announced late Tuesday.
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Job cuts to hit Rolls-Royce operations in Indianapolis

The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
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Duke Realty reports higher profit, revenue for third quarter

The real estate developer of commercial properties posted increases due to higher occupancy and growth in rents.
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