Evansville-based Old National Bancorp on Monday reported a first-quarter profit of $10.1 million, up
84 percent from the prior-year period and a big improvement from the fourth quarter of 2009, when the company posted a loss
of $9.3 million.
The Carmel-based operator of for-profit colleges pulled in profits of $85.7 million, or $2.46 per share, up nearly 44 percent
from the same quarter a year ago.
Lilly shareholders are set to gather Monday in Indianapolis to hear an update on the company’s performance, including
how it will keep paying its generous dividend during the lean years after Zyprexa’s patent expiration.
The Indianapolis-based drugmaker also lowered its forecast for full-year profits because the new health care law grants bigger
rebates on prescription drugs to federal health insurance programs.
Indianapolis-based Noble Roman's Inc. improved its bottom line in 2009, reporting a $1.7 million profit despite revenue
that dropped 16 percent to $7.5 million.
Columbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
Locally based e-mail marketing firm opens London office, adds big-name clients and secures $145 million in venture capital.
HHGregg’s profit and revenue both increased in its fiscal third quarter, despite a slight dip in same-store
sales. The opening of 19 stores helped offset the decrease.
Wireless device distributor Brightpoint Inc. saw revenue decline in the fourth quarter, but the Indianapolis-based company
still managed to bounce back from $346 million year-ago loss with an $18.3 million quarterly profit.
Indianapolis-based Dow AgroSciences said Tuesday it posted a profit of $69 million in the fourth quarter, down 19 percent
from the prior year because of increased research and development spending and higher administrative expenses. Revenue was
up 17 percent.
Columbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won’t have to conform to new emission standards.
Record product orders spur sales at Indianapolis-based software maker Interactive Intelligence, propelling profits to $2.5 million.
Analysts worry about dive in already paltry sales of new blood thinner Effient
But excluding special charges, Warsaw-based orthopedic implant maker grows profits 5 percent, easily beating expectations
of Wall
Street.
The Indianapolis-based drugmaker says a weaker dollar depressed earnings in the fourth quarter compared with a year ago.
Locally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed
to beat Wall Street expectations.
The Indianapolis-based health insurer earned $6.09 per share in 2009, excluding extraordinary items; it expects a $6-per-share
profit in 2010.
Indianapolis trucking firm Celadon Group Inc. saw revenue rise to $127.2 million in its fiscal second quarter, although profit
fell to $1 million.
ITT Educational Services Inc. reported higher profit in the fourth quarter of 2009, earning $2.56 per share. The Carmel-based
for-profit educator’s earnings topped analysts’ expectations.
