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PROXY CORNER: Franklin Electric Co. Inc.

Bluffton-based Franklin Electric Co. Inc. designs, manufactures and distributes electric motors, electronic
motor controls and related equipment. For the quarter ended July 4, the company reported net income of
$5.8 million, or 25 cents per diluted share, on $165.3 million in revenue. That compares with net income
of $15.3 million, or 66 cents per diluted share, on $201.7 million in revenue for
the the same period a year ago.

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Lilly pays $224,000 to area doctors

It’s no secret that Eli Lilly and Co. is the biggest private employer in the Indianapolis area. But
Lilly also supplemented the incomes of a few dozen local doctors — to the tune of more than $224,000 in just the first
quarter.

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Noble Roman’s profit up, revenue down

Noble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.

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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.

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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.

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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.

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Lilly offering buyouts to 4,000 sales reps

Indianapolis-based Eli Lilly and Co. today said it is offering buyouts to its U.S. sales force,
with hopes of trimming about 300 sales representatives before a sales restructuring set to begin in January, Reuters reported.

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Dow Chemical seems poised to keep AgroSciences

Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But
chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit appear to have decreased.

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