The New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that it had received written notice of its failure to comply with NASDAQ's listing requirements.
Kite Realty Group Trust says leasing activity is up, debt maturities are under control, and new retail developments could boost operating income this year an impressive 17 percent. Yet shares in the locally based firm still fail to excite investors.
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
Investors responded favorably Thursday to Eli Lilly and Co.’s surprisingly strong second-quarter revenue, even though its profit fell due to rapid spending on marketing and research.
Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three years ago. With searchable database.
Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.
Shares of for-profit education companies—including Carmel-based ITT Educational Services Inc.—ended higher on Tuesday as a William Blair analyst said a long-awaited federal "gainful employment" rule likely won't hurt vocational school chains as much as investors think.
Is it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted thousands of millionaires?
Shares of Endocyte Inc. have doubled since the company’s initial public offering in February—even though the common wisdom is it won’t see sales from its first cancer drug until 2014.
HHGregg Inc. continues to plow into new markets, opening an average of one store a week, even as Wall Street is feeling less gung-ho about the prospects for such a fast-growing brick-and-mortar electronics chain.
Shares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of $14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,” or CaaS.
Executives and directors at several Indiana public companies took advantage of market strength in February to pare back their stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
Shares of biotechnology company Endocyte Inc. rose in afternoon trading Friday, after the company slashed pricing expectations for its initial public offering.
The stock has soared more than 28 percent since Wednesday's earnings report. Growth of smart phones and European logistics prospects helped Brightpoint beat earnings estimates.
Fort Wayne-based Steel Dynamics' fourth-quarter profit tumbled 71 percent, but shares rose Monday after the company predicted that the economic recovery would fuel greater industrial demand.
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
Shares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
Emmis Communications Corp. spent much of last year in danger of being delisted from the NASDAQ stock exchange. Now, it’s back in the same precarious position.
Investors fled for-profit college stocks Thursday after sector bellwether Apollo Group Inc. predicted a 40-percent drop in student enrollment next quarter and withdrew its forecast for next year. Carmel-based ITT Educational Services shares closed at $56.44 each, down almost 15 percent for the day.
Shares of Interactive Intelligence Inc. surged Tuesday after the communications software maker reported preliminary third-quarter results and projected that revenue will grow 20 percent this year.
