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  • Zimmer will become Zimmer Biomet after acquisition Thursday, 30 Oct 2014 | 10:30 AM ET

    NEW YORK— Orthopedic device maker Zimmer said Thursday it will be called Zimmer Biomet after its combination with privately held competitor Biomet. The Warsaw, Indiana, company also said Daniel Florin will be its CFO. Shares of Zimmer Holdings Inc. rose 6 cents to $108.21 in morning trading.

  • Symmetry Medical posts 3Q profit Thursday, 30 Oct 2014 | 9:27 AM ET

    WARSAW, Ind. _ Symmetry Medical Inc. on Thursday reported profit of $1.3 million in its third quarter. The Warsaw, Indiana- based company said it had profit of 4 cents per share. Symmetry Medical shares have decreased slightly since the beginning of the year.

  • Hhgregg misses Street 2Q forecasts Thursday, 30 Oct 2014 | 9:18 AM ET

    INDIANAPOLIS _ Hhgregg Inc. on Thursday reported a loss of $10.4 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. Analysts expected $532.9 million, according to Zacks.

  • NiSource misses 3Q profit forecasts Thursday, 30 Oct 2014 | 6:42 AM ET

    MERRILLVILLE, Ind. _ NiSource Inc. on Thursday reported earnings of $31.4 million in its third quarter. NiSource expects full-year earnings in the range of $1.61 to $1.71 per share. NiSource shares have climbed 27 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 7 percent.

  • Celadon meets 1Q profit forecasts Thursday, 30 Oct 2014 | 5:03 AM ET

    INDIANAPOLIS _ Celadon Group Inc. on Thursday reported fiscal first-quarter profit of $8 million. On a per-share basis, the Indianapolis- based company said it had profit of 35 cents. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share.

  • Remy International posts 3Q loss Thursday, 30 Oct 2014 | 5:03 AM ET

    PENDLETON, Ind. _ Remy International Inc. on Thursday reported a loss of $11.1 million in its third quarter. The Pendleton, Indiana- based company said it had a loss of 35 cents per share. Remy International shares have decreased 22 percent since the beginning of the year.

  • Duke Realty reports 3Q results Wednesday, 29 Oct 2014 | 7:54 PM ET

    INDIANAPOLIS _ Duke Realty Corp. on Wednesday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Indianapolis, said it had funds from operations of $105.6 million, or 30 cents per share, in the period. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 30...

  • Small business divided over minimum wage votes Wednesday, 29 Oct 2014 | 11:47 AM ET

    NEW YORK— Workers in five states could get a raise after Election Day. Minimum wage referendums are on Tuesday's ballots in Alaska, Arkansas, Illinois, Nebraska and South Dakota, where minimums range from $6.25 to $8.25 an hour. Ken Jarosch thinks he'll have to raise prices and hire fewer part-timers for his Elk Grove Village, Illinois, Jarosch Bakery if the state's...

  • Ford recalls 205,000 SUVs for fuel tank leaks Wednesday, 29 Oct 2014 | 10:47 AM ET

    DEARBORN, Mich.— Ford is recalling about 205,000 SUVs in cold-weather states and parts of Canada to fix gas tanks that can rust, leak and cause a fire. The recall affects Ford Edge and Lincoln MKX vehicles from the 2007 and 2008 model years. The SUVs are being recalled in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan,...

  • Franklin Electric posts 3Q profit Wednesday, 29 Oct 2014 | 9:52 AM ET

    FORT WAYNE, Ind. _ Franklin Electric Co. on Wednesday reported earnings of $22.7 million in its third quarter. On a per-share basis, the Fort Wayne, Indiana- based company said it had net income of 46 cents. Franklin Electric shares have declined 12 percent since the beginning of the year.

  • Apple Pay rival defends service, exclusivity Wednesday, 29 Oct 2014 | 9:44 AM ET

    NEW YORK— In a story Oct. 29 about Apple Inc.' s new payment system, The Associated Press misattributed a quotation from an Apple Pay user in Indianapolis. The speaker was Thomas Pritchard, not Ben Heyman. Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new...

  • Health care overhaul doubts ease for insurers Wednesday, 29 Oct 2014 | 6:55 AM ET

    They also were concerned about added costs from the law and funding cuts to government-sponsored Medicare Advantage plans, a key growth area. As a result, Aetna Inc., UnitedHealth Group Inc. and the Blue Cross-Blue Shield insurer WellPoint Inc. all posted third quarter results that trumped Wall Street estimates and raised their forecasts for 2014. Shares of...

  • WellPoint tops 3Q profit forecasts Wednesday, 29 Oct 2014 | 6:09 AM ET

    INDIANAPOLIS— WellPoint Inc. on Wednesday reported third-quarter net income of $630.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share. Analysts expected $18.69 billion, according to Zacks.

  • Wabash meets 3Q profit forecasts Wednesday, 29 Oct 2014 | 5:03 AM ET

    LAFAYETTE, Ind. _ Wabash National Corp. on Wednesday reported third-quarter profit of $18.3 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share. Analysts expected $510.8 million, according to Zacks.

  • Republic Airways posts 3Q profit Wednesday, 29 Oct 2014 | 5:03 AM ET

    INDIANAPOLIS _ Republic Airways Holdings Inc. on Wednesday reported profit of $18.5 million, or 35 cents per share, in its third quarter. The company, based in Indianapolis, posted revenue of $349.7 million in the period. Republic Airways shares have risen 16 percent since the beginning of the year.

  • CNO tops 3Q profit forecasts Tuesday, 28 Oct 2014 | 7:48 PM ET

    CARMEL, Ind. _ CNO Financial Group Inc. on Tuesday reported third-quarter profit of $117.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Analysts expected $968.9 million, according to Zacks.

  • Retail skirmish blocks Apple Pay at checkout line Tuesday, 28 Oct 2014 | 3:26 PM ET

    Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new mobile payment system. In the meantime, some of the group's biggest members, like CVS, 7- Eleven, Best Buy and Wal-Mart, are nixing so-called NFC payments even though they already have the...

  • Cummins beats Street 3Q forecasts Tuesday, 28 Oct 2014 | 3:18 PM ET

    Cummins Inc. posted net income of $423 million, or $2.32 per share, on $4.89 billion in revenue. According to Zacks Investment Research, analysts expected the company to report a profit of $2.28 per share and $4.71 billion in revenue. The Columbus, Indiana, company now projects that its revenue will rise 10 to 12 percent in 2014, implying a range of $19.03 billion to...

  • CTS posts 3Q profit Monday, 27 Oct 2014 | 7:45 PM ET

    ELKHART, Ind. _ CTS Corp. on Monday reported net income of $8.1 million in its third quarter. The Elkhart, Indiana- based company said it had profit of 24 cents per share. CTS expects full-year earnings in the range of 96 cents to $1.02 per share, with revenue in the range of $400 million to $415 million.

  • Allison Transmission tops Street 3Q forecasts Monday, 27 Oct 2014 | 5:43 PM ET

    INDIANAPOLIS _ Allison Transmission Holdings Inc. on Monday reported profit of $68.8 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Analysts expected $498.1 million, according to Zacks.