Indianapolis-based Angie’s List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the company that offers consumer-written reviews of service providers is on track to become profitable in 2014.
Minor-league baseball team could be in line to register another $1 million profit thanks to improvements in sponsorship sales
and attendance.
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take
in profit sharing this year to an impressive $3 million.
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
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Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn’t break into the black soon.
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
The state’s overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
Despite the bad economy, the Indianapolis Indians’ franchise could make a record amount of money in 2009.
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end.
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
The Indianapolis Indians are rewarding stockholders in the franchise following a season in which revenue and profit grew,
thanks to significant increases in ticket, concession and merchandise sales. The higher profit fueled a 75-percent dividend
increase this year and an increase of more than $6,500 in the franchise’s standing offer to repurchase shares.
