Allison Transmission reports big jump in quarterly numbers
Allison Transmission Holdings Inc. on Monday reported profit and revenue in the second quarter that exceeded the expectations of stock analysts.
IBJ Staff and Associated Press
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Kite sees profit, revenue growth on improving occupancies
Kite Realty Group Trust on Wednesday reported second-quarter financial results that topped Wall Street expectations.
Duke Realty tops analyst predictions with quarterly results
The Indianapolis-based real estate company exceeded expectations in a key financial category and posted huge earnings thanks to the sale of its medical office business.
Angie’s List suffers bigger-than-expected quarterly loss
Angie’s List CEO Scott Durchslag said the financial performance was in line with the expectations of HomeAdvisor, which is in the process of acquiring Angie’s List for about $505 million.
Fraternity plans to move national headquarters to Indiana
The national headquarters of a men's fraternity plans to move from Missouri to Indiana, officials confirmed Tuesday.
Sales of existing homes still rising locally amid shrinking inventory
Existing-home sales in central Indiana ticked up 1.4 percent in April while rising for the 17th month out of the last 18.
Indiana’s unemployment rate sinks to 3.6 percent
The state’s jobless rate is at its lowest point since 2001 and well below the national rate of 4.4 percent.
Cummins raises outlook after strong quarterly results
The engine maker’s profit and revenue in the first quarter beat the expectations of analysts.
Simon misses analyst predictions, but reports stable mall occupancy
Simon Property Group CEO David Simon said he was pleased with first quarter results, considering the “current choppy retail environment.”
Allegion reports improved quarterly sales, profits
The security-product maker’s first-quarter financial results topped analyst expectations.
Kite Realty flies past predictions with quarterly results
Kite Realty Group Trust saw higher revenue and better-than-expected funds from operations in the first quarter, but profit slipped.
Duke Realty beats market expectations in first quarter
The Indianapolis-based real estate investment trust saw higher revenue and profit in the most recent period.
J.C. Penney to close five Indiana department stores
The department store chain announced Feb. 24 that it planned to close about 14 percent of its locations. On Friday, the retailer unveiled a list of 138 stores that were on the chopping block.
Outdoor retailer Gander Mountain closing area store
Gander Mountain is closing two stores in Indiana, including one of its Indianapolis-area locations, as part of a bankruptcy restructuring plan that will close 32 stores overall.
KAR misses quarterly profit forecast amid surge in revenue
KAR Auction Services Inc. missed Wall Street expectations with its fourth-quarter earnings despite revenue that exceeded predictions.
Lowe’s planning to add 500 employees in Indianapolis
The jobs are part of a plan Lowe’s announced Wednesday to hire 1,700 customer-support employees in total by October at offices in Wilkesboro, North Carolina; Albuquerque, New Mexico; and Indianapolis.
Cigna seeks to terminate merger with Anthem, sues insurer for $13B
Indianapolis-based Anthem responded almost immediately Tuesday by saying Cigna does not have the right to cancel the deal.
Cummins turns in much higher profit despite lower revenue
The Indiana-based engine manufacturer saw sales sink during the fourth quarter and the entire year.
CNO Financial sees jump in quarterly profit, revenue
CNO Financial Group Inc. saw a big increase in profit in the fourth quarter, but not enough to meet Wall Street expectations.
Celadon’s profit, revenue fall, but beat expectations
Indianapolis-based trucking company Celadon Group Inc. on Wednesday announced quarterly financial results that topped analyst predictions.