HHGregg Inc. failed to turn a profit for the 11th straight quarter as sales at the Indianapolis-based retail chain continued to fall, but the company did see some improvement in key financial categories.
The new direct and daily service is the first year-round flight to the West Coast high-tech hub in Indianapolis history, local airport officials said Wednesday.
The used and salvaged vehicle auctioneer posted revenue of $771.8 million in the second quarter, up 17 percent from a year ago.
Indianapolis-based HHGregg officially named Robert Riesbeck president and CEO on Monday. The executive joined the company in 2014 as chief financial officer.
Indianapolis-based leadership consulting firm FlashPoint Inc. closed on the acquisition of Sonoma Leadership Systems on Sunday.
President and CEO Diane Thomas said she accepted a 27-month assignment to serve with the Peace Corps in the Ukraine starting in March. The center said it will try to find a successor by December.
Shares in Interactive Intelligence Group Inc. jumped nearly 20 percent Friday after Reuters reported that the Indianapolis-based software firm was exploring “strategic alternatives,” including a potential sale.
Kite Realty Group Trust lost money in the second quarter but beat analyst expectations when it came to revenue and funds from operations.
Lilly tends to pull off these transitions with a minimum of drama, which is to its credit, thanks to its meticulous CEO succession planning and the board’s preference in recent decades for internal candidates who already know the Lilly way.
City approval of the design paves the way for TWG Development LLC to begin construction this fall on the downtown project at 307 N. Pennsylvania St.
Dow Chemical Co. saw profit surge in the second quarter. But revenue and earnings declined at Dow AgroSciences, the Indianapolis-based division that has about 1,500 area employees.
Allison Transmission posted revenue of $474.9 million in the period, down from $511 million last year.
Duke Realty Corp. on Wednesday reported a smaller profit on slightly more revenue in the second quarter, along with key performance results that met analyst expectations.
Frieburg Indianapolis-based Salin Bank and Trust Co. appointed John L. Frieburg III, the former Indianapolis market president for BMO Harris Bank, as its executive vice president and chief credit officer. The bank said Frieburg is responsible for all functions of its credit administration and loan compliance. Frieburg served as president of Harris Bank Huntley from […]
Columbus-based Centra Credit Union, one of the largest Indiana-based credit unions, announced in late June that it named Rick Silvers as CEO.
The bank said it plans to use the $23 million it raised to fund organic growth, possible acquisitions and other corporate purposes.
Teresa Sabatine’s role will be to position Indianapolis as a production-friendly city for TV commercials, TV shows, corporate training videos and movies.
The mall owner said funds from operations, a key performance measure, remained flat, but they beat analyst estimates by a penny.
Analysts have speculated Anthem and Cigna would part ways in the wake of a lawsuit the Department of Justice’s Department’s antitrust division filed last week seeking to block the deal.
