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Top News & Analysis Indiana

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  • Republic Airways inks aircraft deal with Caesars Friday, 26 Oct 2012 | 11:35 AM ET

    INDIANAPOLIS-- Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.

  • Romney closing argument focuses on the economy Friday, 26 Oct 2012 | 11:28 AM ET

    DEFIANCE, Ohio-- Mitt Romney is trying to close the deal with voters by focusing on their economic concerns, an area where polling shows the Republican nominee has an edge heading into the final days of the campaign.

  • *Hours should be ``more restricted''- Bunge CEO. CHICAGO, Oct 26- CME Group's bid to cement its dominance in grain markets with longer trading hours may be backfiring, with some traders reducing activity and others including major merchant Bunge calling for a return to a shorter day.

  • UPDATE 3-Simon Property FFO rises, tops expectations Thursday, 25 Oct 2012 | 7:25 PM ET

    *Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.

  • UPDATE 2-Simon Property FFO rises, tops expectations Thursday, 25 Oct 2012 | 2:10 PM ET

    *Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.

  • Could events beyond campaign control jolt race? Thursday, 25 Oct 2012 | 1:53 PM ET

    ST. PAUL, Minn.-- An election-eve terrorist strike. Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race from its taut course. They've got a plan and they are now going to execute it, "said Carter Eskew, a top strategist for Democrat Al Gore during a 2000 campaign that came up just short."

  • ITT Educational's profit falls 36 percent Thursday, 25 Oct 2012 | 11:08 AM ET

    CARMEL, Ind.-- ITT Educational Services Inc. said Thursday that its third-quarter net income fell 36 percent as enrollment fell amid stricter federal regulations that hold for-profit online schools more accountable for graduation rates and job placement.

  • Simon Property's 3rd-qtr helped by increased rents Thursday, 25 Oct 2012 | 9:17 AM ET

    INDIANAPOLIS-- Shopping mall operator Simon Property Group said Thursday that a key measure of profitability rose in its third quarter as rents increased and occupancy improved. Simon Property Group Inc.' s funds from operations, or FFO, rose to $720.1 million, or $1.99 per share, from $606.2 million, or $1.71 per share, a year earlier.

  • Zimmer 3Q income slips 7 percent on lower sales Thursday, 25 Oct 2012 | 8:48 AM ET

    WARSAW, Ind.-- Zimmer Holdings Inc. said Thursday its net income fell 7 percent in the third quarter on lower sales of hip and knee implants. The company lowered the top end of its annual net income guidance, saying it now expects to adjusted profit between $5.25 and $5.30 per share, rather than $5.25 to $5.35 per share.

  • UMW sues Arch, Peabody over Patriot benefits Thursday, 25 Oct 2012 | 12:53 AM ET

    CHARLESTON, W.Va.-- The United Mine Workers of America is suing Arch Coal Inc. and Peabody Energy Corp. in southern West Virginia over pension and health-care benefits for bankrupt Patriot Coal Corp.' s active and retired miners.

  • Angie's List loss widens on higher marketing costs Wednesday, 24 Oct 2012 | 6:44 PM ET

    INDIANAPOLIS-- Angie's List posted a wider loss in the third quarter due to hefty advertising spending, but succeeded in attracting hundreds of thousands of new subscribers to its online business ratings and reviews, boosting revenue by 75 percent. Shares rose $1.21, or more than 13 percent, to $10.30 in after-hours trading on the news.

  • Ohio's economic picture offers political dilemma Wednesday, 24 Oct 2012 | 4:03 PM ET

    John Kasich warned Wednesday of an economic slowdown happening in the swing state ahead the presidential election, even as Huntington bank announced it is bringing 250 jobs to Ohio.

  • Pinnacle Entertainment 3Q loss narrows, shares up Wednesday, 24 Oct 2012 | 3:43 PM ET

    LAS VEGAS-- Shares of Pinnacle Entertainment hit annual highs Wednesday after the casino operator halved its losses for the third quarter and beat Wall Street expectations. Pinnacle Entertainment Inc. owns and runs a total of seven casinos, in Louisiana, Missouri, and Indiana, as well as a racetrack in Ohio.

  • Oct 24- Eli Lilly and Co and Bristol-Myers Squibb Co posted lower-than-expected profit as their former top medicines were pounded by cheaper generics and sales of other products disappointed, sending their shares lower. Lilly earned $1.33 billion, or $1.18 per share, in the third quarter. That compared with $1.24 billion or $1.11 per share a year earlier.

  • Oct 24- Eli Lilly and Co reported quarterly results below Wall Street expectations on Wednesday, hurt by increased spending on research and a drop in sales as its Zyprexa schizophrenia drug faced competition from cheaper generics. That compared with $1.24 billion, or $1.11 per share, a year earlier.

  • Bankrupt broadcaster sells Mississippi TV station Wednesday, 24 Oct 2012 | 9:17 AM ET

    JACKSON, Miss.-- Roberts Broadcasting has sold Jackson television WRBJ-TV to religious broadcaster Trinity Broadcasting Network. Media Venture Partners, which the bankrupt Roberts hired to sell its stations in Jackson, Columbia, S.C., and Evansville, Ind., says the station will begin showing Trinity's Christian programming.

  • Gas gets cheaper, but still isn't cheap Wednesday, 24 Oct 2012 | 12:26 AM ET

    The national average for a gallon of gas has dropped 13 cents in the past week to $3.625. That's the biggest weekly decline since the 7- day period ended Nov. 28, 2008, according to Oil Price Information Services analyst Fred Rozell. Rozell says gas has averaged $3.65 so far this year, 10 cents above the record set in 2011..

  • NEW YORK, Oct 23- A panel of judges on Thursday will hear arguments that U.S. prosecutors should not have been able to play dozens of FBI wiretaps at the criminal trial of hedge fund tycoon Raj Rajaratnam, a closely watched appeal in one of the biggest insider-trading cases in a generation.

  • NEW YORK, Oct 23- AK Steel Holding Corp might be interested in the two steel mills in Brazil and the United States that Germany's ThyssenKrupp has put up for sale, the U.S. company's chief executive said on Tuesday.

  • Economic upturn, auto bailout lift Dems in Midwest Tuesday, 23 Oct 2012 | 4:27 PM ET

    Scott Walker spent months and millions of dollars on ads in the divisive recall election telling Wisconsin voters that the state is on the economic upswing _ a strong dose of good news that even Mitt Romney backers acknowledge helps the incumbent, President Barack Obama.