Financial Results

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ARTICLES

Simon posts strong quarterly, annual earnings

Quarterly profit grew to $405 million, as occupancy in Simon Property Group's retail properties increased to 97.1 percent, a company record for year-end occupancy.
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Lids falters in expansion beyond headgear

Sales for Indianapolis-based Lids Sports Group have been so disappointing that parent Genesco Inc. within the past six months has twice cut its fiscal 2015 full-year earnings, from a high of $5.55 per share to a low of $4.75 per share.
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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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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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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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