The Indianapolis-based retailer, which has filed for Chapter 11 bankruptcy protection, has filed a plan with the court to close its 132 stores and sell off its remaining merchandise if it can’t find a buyer by April 7.
The Trump administration won’t ban a common pesticide sold by the Indianapolis firm, reversing efforts by the Obama administration to bar the chemical based on findings it could hinder development of children’s brains.
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
The news comes one day after the Indianapolis-based retailer announced that it was closing 88 stores and three distribution centers
The Indianapolis-based company said it has seen positive results from efficiency and cost-cutting actions it took in 2016.
The Indianapolis-based drugmaker has offered many of its research and development employees a compensation package if they leave the company.
The New York Stock Exchange has notified HHGregg that the company’s stock price needs rise above avoid a delisting. Its market cap also needs a boost.
The deal would mark the end of Indianapolis-based Stonegate’s stint as a public company, which has largely disappointed investors since its IPO in 2013.
Indiana-based banks have benefited from a post-election stock jolt hitting financial stocks across the country.
The Fishers-based online-only bank plans to use the new capital to support its growing loan business.
Eli Lilly and Co. plans to lay off hundreds of U.S. sales representatives in coming months, following the disappointing failure of an experimental drug for Alzheimer’s disease announced last week.
John Lechleiter told local leaders Friday morning that while community engagement might not immediately impact the bottom line, it can be beneficial to a company’s ongoing mission.
3R Products & Services LLC, which has 30 employees, joins a publicly traded behemoth with an aggressive strategy of growth by acquisition.
The Flint business will become part of KAR’s Adesa unit, which offers wholesale used-vehicle auction services.
CEO Scott Durchslag said Tuesday the company wants to be proactive instead of reactive when it comes to courting suitors, a stark shift from his tone about the matter last year. Also, the company is gearing up to slash jobs in a cost-cutting effort.
The giant media firm’s target was elusive from the beginning. It revealed in the spring that it was offering $388 million for the Chicago company, which it said refused to partake in “constructive discussions.”
The security-products firm also posted higher revenue, but its results weren’t as good as Wall Street expected.
Sales and profit for the apparel seller’s most recent quarter either met or exceeding Wall Street’s expectations. It’s now embarking on a plan for responding to clothing trends more quickly.
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
