Steak n Shake posts profit, rise in customer traffic
Steak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
Financial Results
Articles
Hill-Rom profit drops, beat expectations
Hill-Rom Holdings Inc. topped analysts’ expectations in its fiscal third
quarter even as hospital-spending cuts clipped its revenue by 9 percent, the company announced late yesterday.
Brightpoint profit slips, but beats expectations
Wireless device distributor Brightpoint Inc. said yesterday that profit and revenue fell in the second quarter because it
sold fewer of the devices, and at lower prices.
Accuride warns of bankruptcy, reports loss
Evansville-based truck parts maker Accuride Corp., one of the state’s largest companies, warned
today in its quarterly financial report that the company might seek bankruptcy protection if lenders refuse to restructure
its debt.
First Merchants posts larger loss on fraud charge
Muncie-based First Merchants Corp. disclosed this week that the bank lost $31.2 million in the
second quarter, including $10.2 million it blamed on fraudulent financial statements provided by a large commercial borrower.
Irwin Financial narrows losses, continues restructuring
Irwin Financial Corp. narrowed its losses in the second quarter, as the company continued to restructure or face the possible
suspension of its business.
Calumet Specialty suffers loss on falling sales
Calumet Specialty Products Partners L.P. this morning reported a loss of $26 million in the second
quarter due to high crude oil prices and flagging product demand.
Conseco profit at high end of estimates
Conseco Inc. recorded profit at the high-end of its preliminary
estimates, the company announced today.
UPDATE: Simon rents, occupancy buck shopping decline
Sales still are suffering at shopping centers owned by Simon Property Group Inc., but the Indianapolis-based
mall giant managed in the second quarter to keep occupancy steady and eke out an increase in average rent rates.
White River Capital’s profit drops 33 percent
White River Capital Inc. today reported its profit in the second quarter fell 33 percent compared
to the same period last year, due primarily to expenses associated with its canceled merger.
Simon reports loss amid tough retail conditions
Indianapolis shopping mall giant Simon Property Group Inc. today said it lost $20.8 million in
the second quarter in what it called a “difficult retail environment.”
Conseco shares jump after profit report
Shares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based
insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
Investments propel Baldwin & Lyons profit
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment
gains from recovering equity markets helped boost performance.
WellPoint stock falls despite quarterly profit
WellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits
but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment
losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
Duke Realty suffers second-quarter loss
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations,
a key performance measure for real estate investment trusts.
Cummins’ stock rises despite lower revenue, profit
Cummins Inc.’s stock jumped more than 6 percent in morning trading after its quarterly results
beat analyst estimates.
Investments propel Baldwin & Lyons profit
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company
history, as investment gains from recovering equity markets helped boost performance.
Conseco says profit in line with estimates
Conseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents
per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after
the market closed.
Old National profit falls, but beats expectations
Second-quarter profit for Old National Bancorp fell 50 percent from the same period a year ago, but the company still managed
to exceed analysts’ expectations.
HHGregg predicts profit, offers 3M shares
HHGregg Inc. said this morning it projects fiscal first-quarter profit to beat analyst expectations despite shrinking revenue
and a sharp decline in same-store sales.