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  • 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.

  • WASHINGTON, Oct 24- After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge: the possibility that weak inflation may be so firmly entrenched it upends the return to normal monetary policy. The Fed is expected to take note of recent market turmoil and worsened world conditions at its Oct 28-29 meeting even as it ends the...

  • Sears refutes store-closing report Thursday, 23 Oct 2014 | 6:34 PM ET

    NEW YORK— Sears Holdings Corp. discredited a report Thursday that says it will be shuttering 116 Sears and Kmart stores, resulting in the layoffs of more than 6,000 workers. Broken down, closures include 55 Kmart stores, 30 Sears stores and 31 Sears Auto Center locations, according Seeking Alpha, citing liquidation sale notices. In an email sent to The Associated...

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • Zimmer beats Street 3Q forecasts Thursday, 23 Oct 2014 | 7:39 AM ET

    WARSAW, Ind. _ Zimmer Holdings Inc. on Thursday reported profit of $165.5 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Analysts expected $1.1 billion, according to Zacks.

  • Patent expirations hit Eli Lilly 3Q profit Thursday, 23 Oct 2014 | 6:39 AM ET

    NEW YORK— Eli Lilly and Co. said Thursday that its net income and sales sank in the third quarter after its antidepressant Cymbalta lost patent protection and faced competition from less-expensive generics. The Indianapolis company said its net income fell 58 percent to $500.6 million, or 47 cents per share. Zacks Investment Research says analysts expected...

  • Horizon Bancorp posts 3Q profit Wednesday, 22 Oct 2014 | 7:54 PM ET

    MICHIGAN CITY, Ind. _ Horizon Bancorp on Wednesday reported third-quarter profit of $5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. Horizon Bancorp shares have dropped 6.5 percent since the beginning of the year.

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • Eli Lilly adds $375M to Zymeworks partnership Wednesday, 22 Oct 2014 | 5:12 PM ET

    NEW YORK— Eli Lilly and Zymeworks said Wednesday they are expanding a cancer drug development partnership. Without explaining the initial terms of the partnership, the companies said Zymeworks could get an additional $375 million in milestones and other payments. Shares in Indianapolis- based Eli Lilly and Co. were unchanged at $64.68 on Wednesday.

  • Small business view: Ebola, energy and elections Wednesday, 22 Oct 2014 | 2:25 PM ET

    And the upcoming elections are raising questions about what the new Congress is likely to do. Craig Beal has had three cancellations for safaris to places like Botswana and South Africa that are nine hours by plane from the countries with widespread Ebola outbreaks. A similar pattern emerged after riots in South Africa and a shooting last year at a Nairobi,...

  • Casino owner Full House Resorts looks for buyer Wednesday, 22 Oct 2014 | 8:30 AM ET

    NEW YORK— Full House Resorts Inc., the casino and hotel operator, said Wednesday that it is putting itself up for sale. The company, based in Las Vegas, evaluated strategic alternatives and decided that a sale was the best move. Full House, headquartered in Las Vegas, owns the Rising Star Riverboat Casino in Rising Sun, Indiana; the Silver Slipper Casino in Hancock...

  • Simon Property reports 3Q results Wednesday, 22 Oct 2014 | 7:57 AM ET

    INDIANAPOLIS _ Simon Property Group Inc. on Wednesday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $2.02 per share. Analysts expected $1.19 billion, according to Zacks.

  • Angie's List misses Street 3Q forecasts Wednesday, 22 Oct 2014 | 7:27 AM ET

    INDIANAPOLIS _ Angie's List Inc. on Wednesday reported a loss of $5.2 million in its third quarter. Analysts expected $81.7 million, according to Zacks. For the current quarter ending in December, Angie's List said it expects revenue in the range of $80 million to $82 million.

  • Correction: Earns-Steel Dynamics Tuesday, 21 Oct 2014 | 6:13 PM ET

    FORT WAYNE, Ind.— In a story and headlines about third-quarter results, The Associated Press, in a story generated by Automated Insights, reported erroneously that Steel Dynamics Inc. missed third-quarter earnings expectations. Steel Dynamics beats 3 Q profit forecasts. FORT WAYNE, Ind.— FORT WAYNE, Ind.— Steel Dynamics Inc. on Monday reported third-quarter...

  • Steel Dynamics misses 3Q profit forecasts Tuesday, 21 Oct 2014 | 2:54 PM ET

    FORT WAYNE, Ind. _ Steel Dynamics Inc. on Monday reported profit of $91.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Analysts expected $2.12 billion, according to Zacks.

  • Finish Line names Sato as president Tuesday, 21 Oct 2014 | 12:49 PM ET

    INDIANAPOLIS— The Finish Line Inc. said Tuesday that it has named executive Samuel Sato as president of the company and elected him to its board. Sato joined Finish Line in 2007 and has served in several roles, most recently as president of the Finish Line brand. Finish Line shares climbed 66 cents to $25.30 by midday, outpacing broader market gains.

  • Steel Dynamics misses 3Q profit forecasts Monday, 20 Oct 2014 | 6:13 PM ET

    FORT WAYNE, Ind. _ Steel Dynamics Inc. on Monday reported third-quarter profit of $91.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Analysts expected $2.12 billion, according to Zacks.

  • Judge to rule against Ameren in power line case Monday, 20 Oct 2014 | 3:28 PM ET

    JEFFERSON CITY, Mo.— A judge said Monday that he will rule against a subsidiary of Ameren Corp. in a legal fight over whether it needs state regulators' permission to build a high-voltage power line across northern Missouri. Cole County Circuit Judge Dan Green said he's inclined to reject Ameren's request for a declaration that the Missouri Public Service...

  • Owner pleads guilty in Vegas puppy store fire case Monday, 20 Oct 2014 | 2:00 PM ET

    LAS VEGAS— A 35- year-old former Las Vegas pet shop owner pleaded guilty Monday to felony charges that could get her up to 24 years in state prison for setting fire to the business before 27 puppies and dogs were rescued earlier this year, a court official said. Store security video shows Lee and a man who prosecutors identify as co-defendant Kirk Bills setting...

  • Scotts Miracle-Gro to buy pest control company Monday, 20 Oct 2014 | 12:28 PM ET

    NEW YORK— The Scotts Miracle-Gro Co. said Monday that it plans to buy Action Pest Control Inc., a Midwest company that helps rid homes and businesses of bedbugs, termites and other pests. Scotts Miracle-Gro, based in Marysville, Ohio, already has a pest control service in Florida. Shares of Scotts Miracle-Gro added 39 cents to $56.52 in afternoon trading Monday.