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Top News & Analysis Indiana

  • TERRE HAUTE, Ind. _ First Financial Corp. on Tuesday reported second-quarter net income of $8.4 million. First Financial Corp. shares have decreased 9 percent since the beginning of the year. Keywords: First Financial Corp., Earnings Report.

  • MUNCIE, Ind. _ MutualFirst Financial Inc. on Tuesday reported second-quarter earnings of $3.9 million. MutualFirst Financial shares have fallen slightly since the beginning of the year. Keywords: MutualFirst Financial, Earnings Report.

  • WARSAW, Ind. _ Lakeland Financial Corp. on Tuesday reported second-quarter net income of $15.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Lakeland Financial shares have declined 4 percent since the beginning of the year.

  • EVANSVILLE, Ind. _ Old National Bancorp on Tuesday reported second-quarter earnings of $38.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Old National Bancorp shares have fallen almost 8 percent since the beginning of the year.

  • *Raises FY17 revenue forecast to $22 bln- $22.5 bln. The U.S. Food and Drug Administration in April declined to approve the drug, baricitinib, made by Lilly and partner Incyte Corp, indicating additional clinical data was needed to determine the most appropriate doses. The companies will be discussing the path forward with the agency and evaluating options for...

  • FORT WAYNE, Ind. _ Franklin Electric Co. on Tuesday reported second-quarter profit of $29.9 million. Franklin Electric expects full-year earnings to be $1.87 to $1.97 per share. Franklin Electric shares have increased slightly more than 8 percent since the beginning of the year.

  • NEW YORK— United Technologies Corp. on Tuesday reported a boost in second-quarter profit on sales gains from key business units while also raising its outlook. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share, while seven analysts surveyed by Zacks expected $15.18 billion in revenue.

  • Excluding items, Lilly earned $1.11 per share, above the average analyst expectation of $1.05 per share, according to Thomson Reuters I/B/E/S. Net income rose to $1.01 billion, or 95 cents per share, in the second quarter ended June 30, from $747.7 million, or 71 cents per share, a year earlier. However, the Indianapolis- based drugmaker has suffered setbacks recently,...

  • INDIANAPOLIS— Eli Lilly topped Wall Street's second-quarter expectations and raised its 2017 forecast, but the drugmaker also announced a delay in the resubmission of a potential new drug to regulators. It has already been approved in Europe and Japan. Analysts expected, on average, earnings of $1.04 per share on $5.59 billion in revenue, according to Zacks...

  • Researchers surveyed more than 6,000 people in four countries and also ran an experiment, giving people $40 for two weeks. "Money can buy happiness if you spend it right," said University of British Columbia psychology professor Elizabeth Dunn, co-author of a study in Monday's Proceedings of the National Academy of Sciences. The right way is paying someone else...

  • LANSING, Mich.— Taiwanese electronics maker Foxconn's plan to build a display panel factory in the U.S. has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize. The hunt for Foxconn is fluid and largely secretive, with Rust Belt governors and state officials declining to even confirm...

  • HOUSTON— In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace— then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers. AlphaBay, formerly the internet's largest darknet site, had already gone offline July 5 with the arrest in Thailand of its alleged creator...

  • FISHERS, Ind. _ First Internet Bancorp on Thursday reported second-quarter net income of $4 million. The Fishers, Indiana- based bank said it had earnings of 61 cents per share. Keywords: First Internet Bancorp, Earnings Report.

  • "We need the EPA to step in to ensure that these power plants run their pollution controls on a daily basis," Grumbles said in an interview. Maryland petitioned the EPA in November for a finding that 36 power plant units in Indiana, Kentucky, Ohio, Pennsylvania and West Virginia are emitting air pollution affecting the state's air quality in violation of the law...

  • CHICAGO— President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage. People will have 45 days to shop for 2018 coverage, starting Nov. 1 and...

  • SOUTH BEND, Ind. _ 1st Source Corp. on Thursday reported second-quarter net income of $16.7 million. The South Bend, Indiana- based bank said it had earnings of 64 cents per share. The holding company for 1st Source Bank posted revenue of $76.5 million in the period.

  • MADISON, Wis.— Wisconsin is working on a package of incentives to lure Taiwanese iPhone manufacturer Foxconn to the state as part of a deal that two state lawmakers said Thursday they believe could come as soon as the end of the month. Wisconsin is one of several Midwest states vying for Foxconn as it considers building a $7 billion display panel manufacturing...

  • INDIANAPOLIS— More than 300 Carrier Corp. workers were being laid off Thursday from the company's Indianapolis factory as part of an outsourcing of jobs to Mexico that drew criticism last year from then-presidential candidate Donald Trump. Carrier announced in February 2016 that it would close the Indianapolis plant and cut about 1,400 production jobs in...

  • HOUSTON— In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace— then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers. AlphaBay, formerly the internet's largest darknet site, had already gone offline July 5 with the arrest in Thailand of its alleged creator...

  • INDIANA, Pa. _ S&T Bancorp Inc. on Thursday reported second-quarter net income of $22.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. S&T Bancorp shares have dropped 6 percent since the beginning of the year.