Public Companies

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ARTICLES

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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Cummins shares get spark from strong third quarter

The Columbus-based manufacturer of heavy-duty engines saw profit jump 19 percent on stronger sales in North America and abroad.
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Zimmer profit beats forecasts, shares rise 4 percent

Shares of Warsaw-based orthopedic device maker Zimmer Holdings Inc. have doubled the performance of the S&P 500 so far this year.
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Simon profit dips but outlook improves

Simon Property Group Inc. on Wednesday said its third-quarter profit fell due to recent costs related to refinancing its debt, but that otherwise performance for the quarter was strong.
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IU says Stonegate CEO did not earn Kelley degree

The CEO of Indianapolis-based Stonegate Mortgage Corp., one of the nation’s fastest-growing publicly traded mortgage companies, did not earn a degree from Indiana University as his company profile claims.
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UPDATE: Angie's suitors could include Amazon, Yelp, IAC

Amazon has been developing its own local services marketplace. Yelp is the leading consumer-review service in the retail space. Website Holding company IAC, meanwhile, has a big stash of cash and owns competitor HomeAdvisor.com.
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