Shares in Finish Line Inc.—which this week agreed to be acquired by British retailer JD Sports Fashion Plc for $558 million—tumbled Thursday morning after the Indianapolis-based retailer reported a sharp quarterly decline in same-store sales.
Carmel-based KAR Auction Services Inc. saw profit and revenue jump in the fourth quarter, topping Wall Street expectations in both categories.
The Indianapolis-based manufacturer exceeded Wall Street expectations in both earnings and sales in the latest quarter.
The new price was determined in an eminent domain proceeding after owners turned down a much smaller offer for the 70-acre property.
The Colts had scheduled a press conference for Wednesday to announce Josh McDaniels' hiring.
The Columbus-based engine maker saw fourth-quarter sales jump 22 percent, but it ended up posting a loss because of charges related to tax reform.
Local government officials and economic development experts expressed excitement Thursday about the selection of Indianapolis as a finalist for Amazon’s second headquarters, while acknowledging there’s a long way to go to land the grand prize.
The local store closure will leave Indianapolis with just one remaining Kmart.
Department store chain Macy’s Inc. announced plans Thursday morning to close seven more stores nationally, including one in Indiana.
Head Coach Chuck Pagano finished with a 56-46 overall record after joining the Colts in 2012, but the team has missed the postseason for the past three seasons.
Republican Brandt Hershman, chairman of the Senate Tax and Fiscal Policy Committee, says he will be joining Barnes & Thornburg’s Washington D.C. office.
A report released Monday by the Indiana Office of Tourism Development says travel, tourism and hospitality generated a record $2.9 billion in taxes in 2016, up 5.6 percent from 2015.
Kerry J. Perry takes over for Steve Penny, who resigned in mid-March amid intensifying pressure on the organization for its handling of sex abuse cases.
Duke Realty Corp. slightly exceeded analyst expectations on one financial performance measure in the third quarter while barely missing on another.
The U.S. Labor Department said unemployment rates were relatively stable in most states in July.
The company on Thursday announced the launch of an operating segment called KAR Remarketing Services.
Allison Transmission Holdings Inc. on Monday reported profit and revenue in the second quarter that exceeded the expectations of stock analysts.
Kite Realty Group Trust on Wednesday reported second-quarter financial results that topped Wall Street expectations.
The Indianapolis-based real estate company exceeded expectations in a key financial category and posted huge earnings thanks to the sale of its medical office business.
Angie’s List CEO Scott Durchslag said the financial performance was in line with the expectations of HomeAdvisor, which is in the process of acquiring Angie’s List for about $505 million.
