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Top News & Analysis Indiana

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  • First Financial Corp. posts 2Q profit Tuesday, 28 Jul 2015 | 10:27 AM ET

    TERRE HAUTE, Ind. _ First Financial Corp. on Tuesday reported second-quarter profit of $6.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. First Financial Corp. shares have decreased 6 percent since the beginning of the year.

  • WASHINGTON, July 28- Leaders in the U.S. House of Representatives plan to pass a three-month extension of federal transportation funding before leaving Washington on recess, which they could do as early as Wednesday, two Republican lawmakers said on Tuesday. After a meeting with Republican leaders, Representatives John Fleming of Louisiana and Todd Rokita of...

  • The top executive at the maker of Subaru automobiles joked that he would have to wear a helmet on an upcoming trip to the United States. Subaru's U.S. sales have almost doubled in the past four years. Subaru's " Love Promise," in which it pledges to make "a positive impact in the world," has helped build loyal consumers in states like California, New York and Washington.

  • Franklin Electric posts 2Q profit Tuesday, 28 Jul 2015 | 8:18 AM ET

    FORT WAYNE, Ind. _ Franklin Electric Co. on Tuesday reported second-quarter earnings of $16.2 million. Franklin Electric shares have decreased 28 percent since the beginning of the year. Keywords: Franklin Electric, Earnings Report.

  • Cummins beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:36 AM ET

    COLUMBUS, Ind. _ Cummins Inc. on Tuesday reported second-quarter net income of $471 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share. Eight analysts surveyed by Zacks expected $4.98 billion.

  • Pfizer Inc. beat Wall Street's second-quarter expectations and raised its 2015 forecast, as soaring sales for a few key products helped inoculate the world's second-largest drugmaker against a $1 billion revenue hit from foreign exchange rates and its last wave of cheap generic competition hurting former big sellers. Pfizer's experimental drugs "could...

  • German American Bancorp posts 2Q profit Monday, 27 Jul 2015 | 7:30 PM ET

    JASPER, Ind. _ German American Bancorp Inc. on Monday reported second-quarter net income of $7.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. German American Bancorp shares have declined 5.5 percent since the beginning of the year.

  • Community Bank Shares posts 2Q profit Monday, 27 Jul 2015 | 6:01 PM ET

    NEW ALBANY, Ind. _ Community Bank Shares of Indiana Inc. on Monday reported second-quarter earnings of $3.6 million. The New Albany, Indiana- based bank said it had earnings of 64 cents per share. Keywords: Community Bank Shares of Indiana, Earnings Report.

  • Allison Transmission misses 2Q profit forecasts Monday, 27 Jul 2015 | 5:21 PM ET

    INDIANAPOLIS _ Allison Transmission Holdings Inc. on Monday reported second-quarter profit of $54.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Allison Transmission shares have declined 16 percent since the beginning of the year.

  • CTS posts 2Q profit Monday, 27 Jul 2015 | 4:57 PM ET

    ELKHART, Ind. _ CTS Corp. on Monday reported second-quarter net income of $19.1 million. On a per-share basis, the Elkhart, Indiana- based company said it had profit of 57 cents. CTS expects full-year earnings in the range of 95 cents to $1.05 per share, with revenue in the range of $390 million to $405 million.

  • *Oil prices, commodities lower following China equity selloff. *Teva, Allergan jump after $40.5 bln deal. U.S.-listed shares of Chinese companies slid, including Alibaba and Baozun.

  • *Oil prices, commodities lower following China equity crash. *Teva, Allergan jump after $40.5 bln deal. The NYSE showed 459 stocks at 52- week lows, the most in a day since Oct. 15.

  • Republic stock plunges on possible flight disruptions Monday, 27 Jul 2015 | 12:21 PM ET

    At American Airlines, which also owns US Airways, spokesman Casey Norton said the airlines use 10 regional carriers and were working with Republic on "minor schedule adjustments" to reduce impact on passengers. The company's negotiations with the Teamsters, which represents its 2,100 pilots, are at a standoff despite the use of a federal mediator.

  • Old National Bancorp beats Street 2Q forecasts Monday, 27 Jul 2015 | 8:21 AM ET

    EVANSVILLE, Ind. _ Old National Bancorp on Monday reported second-quarter earnings of $26.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Old National Bancorp shares have dropped 4 percent since the beginning of the year.

  • Accuride posts 2Q profit Monday, 27 Jul 2015 | 8:09 AM ET

    EVANSVILLE, Ind. _ Accuride Corp. on Monday reported second-quarter earnings of $6.3 million. On a per-share basis, the Evansville, Indiana- based company said it had net income of 13 cents. Accuride expects full-year revenue in the range of $700 million to $750 million.

  • JERUSALEM— Israel's Teva Pharmaceutical Industries Ltd. said Monday it is purchasing Dublin- based Allergan PLC's generic pharmaceuticals business for $40.5 billion, in what Israeli analysts called the largest-ever acquisition by an Israeli company. Statements from both companies say the deal will see Allergan receive $33.75 billion in cash and shares...

  • Glance: The new 'Big Three' of health coverage Friday, 24 Jul 2015 | 1:33 PM ET

    Anthem Inc.' s $48 billion purchase of rival Cigna Corp. is set to create the nation's largest health insurance company. The combination, in tandem with Aetna Inc.' s pending purchase of rival insurer Humana Inc., would leave three health insurers that would dominate the rapidly changing industry landscape in the U.S. HEADQUARTERS: Anthem in Indianapolis; Cigna...

  • Lakeland Financial posts 2Q profit Friday, 24 Jul 2015 | 8:15 AM ET

    WARSAW, Ind. _ Lakeland Financial Corp. on Friday reported second-quarter profit of $11.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 68 cents per share. Lakeland Financial shares have increased slightly since the beginning of the year.

  • Simon Property reports 2Q results Friday, 24 Jul 2015 | 7:18 AM ET

    INDIANAPOLIS _ Simon Property Group Inc. on Friday reported a key measure of profitability in its second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of $2.35 per share. Three analysts surveyed by Zacks expected $1.21 billion.

  • NEW YORK— Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients. In just three weeks, starting with Aetna's $35 billion bid for Humana Inc. on July 3, the landscape of U.S. health care has been altered in a buyout frenzy that could transform five massive U.S....