IBJ Staff
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EDITORIAL: Time to rethink work/life balance
The constant connectivity is getting so intense that some are taking radical steps when planning vacations or getaways, to allow for digital detox.
HHGregg shares slide on disappointing quarterly results
HHGregg Inc. lost more money than expected in its latest quarter as sales slumped dramatically, the Indianapolis-based appliance, electronics and furniture retailer reported Thursday morning.
Duke Realty reports strong quarterly results
Duke Realty Corp. saw a surge in revenue, profit and funds from operations in the second quarter compared with a year ago, the Indianapolis-based real estate developer said late Wednesday afternoon.
Indy Fuel inks broadcast agreement with WRTV
The city's new professional hockey team, the Indy Fuel, said Wednesday that it has reached a broadcast agreement with WRTV Channel 6 to televise the team's 36 home games during the 2014-15 season.
CNO sees higher earnings, revenue in latest quarter
CNO Financial Group Inc. earned $78.1 million compared with profit of $77.1 million in the same period of 2013.
Profit, revenue up for Cummins in latest quarter
Cummins Inc. said Monday that second-quarter profit jumped 7.7 percent on strong sales in North America. The results exceeded analyst expectations.
Hogsett takes position at Indianapolis law firm
U.S. attorney Joseph Hogsett, a rumored candidate for Indianapolis mayor, plans to join Bose McKinney & Evans on Aug. 1 as a partner in the litigation practice group.
NFP of NOTE: American Cabaret Theatre Inc.
American Cabaret Theatre elevates and promotes the cabaret art form by presenting the finest in professional cabaret performances and developing the next generation of cabaret artists.
Allison profit upshifts on North American demand
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
First Internet reports smaller quarterly profit
A slide in mortgage-banking income hurt earnings, but net-interest income, commercial loans, deposits and assets were all on the rise.
Angie’s List stock sinks on quarterly loss, downgrades
Shares in Angie’s List Inc. dropped as much as 24 percent and at least seven analysts downgraded the stock Thursday after the company reported a bigger-than-expected loss in the second quarter on Wednesday afternoon.
Simon profit jumps on improving occupancy, rents
The company reported a 20-percent increase in profit in the second quarter as occupancy in its malls climbed to 96.5 percent, prompting Simon to raise its guidance.
First Merchants acquires Noblesville-based bank
Muncie-based First Merchants Corp. has agreed to acquire Noblesville-based Community Bancshares Inc. for about $46 million in stock, the companies announced Tuesday.
Area home-construction permit filings tick up
Filings in the nine-county metro area have shown slight year-over-year improvement in four of this year’s six months.
Lowe’s plans massive local call center, sources say
Home improvement retail giant Lowe’s Companies Inc. plans to open a call center on the northwest side of Indianapolis that could employ as many as 1,000 workers, sources familiar with the deal said Monday.
Indiana adds jobs, but unemployment inches up
The state added 17,400 jobs to employer rolls in June, including a 7,400-worker boost in the government sectors. But a bump in residents returning to the labor force increased the unemployment rate.