Public Companies

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ARTICLES

Global headwinds no match for Dow at 18,000

U.S. stocks faced upheavals in 2014 that threatened to derail a bull market in its sixth year. But the Dow has shown an ability to bounce back from selloffs driven by macroeconomic events.
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Canadian firm buys Ingram Micro properties for $68.7M

Granite Real Estate Investment Trust has entered Plainfield's robust logistics and distribution market with a deal to buy two mammoth facilities and a prime plot of land.
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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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