WellPoint shares sink after disappointing earnings report
WellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed to meet analyst expectations.
WellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed to meet analyst expectations.
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
Appliance and electronics retailer HHGregg Inc.’s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
OneAmerica earned $15.4 million in the three months ended Sept. 30, down 53 percent from the same quarter a year ago. Most of that difference came from a 17-percent jump in policy benefit payments.
Hillenbrand Inc. said Monday its profit grew 17 percent in the fiscal fourth quarter after it acquired Rotex Global LLC.
Indiana Business Bancorp attributed its profit of 9 cents per share to higher non-interest income a lower loan-loss provision expense.
The Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period ended Oct. 29, up from $9.1 million a year ago.
The Indianapolis-based company is searching for a buyer for its once-promising DailyMed pharmacy service as it struggles to pay $30 million in debt that comes due in April.
The Pendleton-based company filed plans in March to raise up to $100 million through an initial public offering.
Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
Carmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
The auto and trucking fleet insurer lost $13 million, or 87 cents per share in the three months ended Sept. 30, compared with profit of $9.2 million, or 62 cents per share, in the same period a year earlier.
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
In a Monday SEC filing, the company said it lost $43.2 million through the first nine months of 2011, pushing total losses since 2006 to $160.6 million. Angie’s List filed in August to go public.
The Evansville-based financial services holding company reported third-quarter profit of $16.8 million. Earnings would have been even better without expenses related to its purchase of Integra Bank.
Celadon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of $141.5 million.
Indianapolis-based Dow AgroSciences on Thursday reported record third-quarter sales of $1.2 billion, up 27 percent from the same period a year ago.
Interactive Intelligence Group Inc. shares fell more than 25 percent Tuesday morning after the Indianapolis-based software maker reported disappointing profit in the third quarter.
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.