Articles

Interactive Intelligence expecting strong earnings

Indianapolis-based business-communications software firm said it is expecting higher profit and revenue for both the fourth quarter and fiscal 2010. Lucrative product orders in the fourth quarter should help boost earnings.

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HHGregg shares slide on lower earnings outlook

The Indianapolis-based appliance and electronics retailer attributed its lower outlook to weak demand for new video technology products. Sales of LED and 3-D televisions were less than expected while sales of lower-priced TVs were higher than anticipated.

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Noble Roman’s reports loss

Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.

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Kite Realty improves third-quarter results

Indianapolis-based Kite Realty Group Trust improved its financial performance in the third quarter, reporting funds from operations of $7.8 million, up from $2.8 million in the same period last year despite a slight dip in revenue.

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Old National profit rises

The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.

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