Articles

Old National improves first-quarter performance

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.

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Health reform dings Lilly’s earnings

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.

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Cummins expects profit to grow 10 percent a year

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.

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Adesa parent turns profit, beats expectations

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.

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HHGregg’s profit, sales rise

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.

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Brightpoint profit up despite declining revenue

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.

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Dow AgroSciences profit falls despite revenue increase

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.

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