Salesforce slow to excite investors after $2.5B buyout of ExactTarget
Shares of the California-based cloud computing giant continue to lag after last week’s announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.
Shares of the California-based cloud computing giant continue to lag after last week’s announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.
The Indianapolis-based maker of equipment for cutting and forming metal beat the weakened economy in Europe, but saw a sales drop in the recessionary Asia Pacific market.
The tech firm’s shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter lifted its stock as much as 20 percent Tuesday.
Consumer rating service gets stock-price boost from better-than-expected revenue in first quarter.
The bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty insurer’s core business lost ground.
In the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie’s List and ITT Educational Services on Thursday shot to the top of the stock ticker.
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
The latest results beat Wall Street estimates, driving the Indianapolis-based company's shares upward by nearly 7 percent in after-market trading on Wednesday.
The Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to a recent tender offer.
Already one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping company with the likes of Warren Buffett, Amazon’s Jeff Bezos and Larry Page of Google.
Analysts remain bullish on the Indianapolis-based email marketing firm despite its sluggish stock price, due to the company’s strong revenue and aggressive investment in research and acquisitions.
Restructuring efforts at Republic Airways Holdings spurred the regional airline operator to a fourth-quarter profit of $12.6 million, or 25 cents per share, the company announced Wednesday.
Marketing software developer ExactTarget Inc. took a bigger loss in the fourth quarter due to higher expenses, the Indianapolis-based company announced Thursday.
Columbus-based diesel engine manufacturer Cummins Inc. lowered its previously reported quarterly profit by $12 million, or 3.1 percent, after discovering legal fees that the company initially missed.
Allison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit and a massive slide in sales for a key market during the fourth quarter.
A one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based manufacturer reported late Monday.
Shares of Angie's List shot up 26 percent, or $3.65 a share, in trading late Thursday morning as its latest quarterly report showed vastly improved results and indicated the firm might have turned the corner.
Indianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings service's first profitable period since its 1995 founding.
An acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based company reported Wednesday morning.
The Carmel-based holding company for insurance firms reported fourth-quarter 2012 net income of $101.2 million, or 41 cents a share. That was a 57 percent jump over the same quarter in 2011.