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Top News & Analysis Indiana

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  • 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....

  • CAMBRIDGE, N.Y.— In the midst of quiet lives of prayer, a handful of nuns have sliced out a niche as bakers of high-end cheesecakes, so rich and creamy in flavors of chocolate, amaretto and key lime that they seem downright sinful. In fact, money from the sales help the sisters of New Skete sustain their small monastery in upstate New York. Though the sisters' mastery of...

  • First Internet posts 2Q profit Thursday, 23 Jul 2015 | 6:33 PM ET

    INDIANAPOLIS _ First Internet Bancorp on Thursday reported net income of $2.3 million in its second quarter. The bank, based in Indianapolis, said it had earnings of 50 cents per share. Keywords: First Internet Bancorp, Earnings Report.

  • Supreme Industries posts 2Q profit Thursday, 23 Jul 2015 | 5:24 PM ET

    GOSHEN, Ind. _ Supreme Industries Inc. on Thursday reported second-quarter net income of $4.3 million. Supreme Industries shares have increased 15 percent since the beginning of the year. Keywords: Supreme Industries, Earnings Report.

  • Horizon Bancorp posts 2Q profit Thursday, 23 Jul 2015 | 5:24 PM ET

    MICHIGAN CITY, Ind. _ Horizon Bancorp on Thursday reported second-quarter net income of $4.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Horizon Bancorp shares have decreased roughly 10 percent since the beginning of the year.

  • 1st Source posts 2Q profit Thursday, 23 Jul 2015 | 10:22 AM ET

    SOUTH BEND, Ind. _ 1st Source Corp. on Thursday reported second-quarter net income of $15.6 million. 1st Source shares have climbed slightly more than 2 percent since the beginning of the year. Keywords: 1st Source, Earnings Report.

  • MutualFirst Financial posts 2Q profit Thursday, 23 Jul 2015 | 9:21 AM ET

    MUNCIE, Ind. _ MutualFirst Financial Inc. on Thursday reported second-quarter profit of $3.2 million. MutualFirst Financial shares have increased 12 percent since the beginning of the year. Keywords: MutualFirst Financial, Earnings Report.

  • First Merchants posts 2Q profit Thursday, 23 Jul 2015 | 9:09 AM ET

    MUNCIE, Ind. _ First Merchants Corp. on Thursday reported second-quarter earnings of $18 million. First Merchants shares have increased 17 percent since the beginning of the year. Keywords: First Merchants, Earnings Report.

  • July 23- Eli Lilly and Co's quarterly sales rose for the first time in seven quarters, helped by demand for its new diabetes and cancer drugs as well as the acquisition of Novartis AG's animal health business. Lilly's net profit fell to $600.8 million, or 56 cents per share, from $733.5 million, or 68 cents per share, a year earlier. It also bumped up the lower end of its...

  • July 23- Eli Lilly and Co said its quarterly revenue rose about 1 percent, helped by demand for its new cancer and diabetes treatments and the acquisition of Novartis AG's animal health business. The Indianapolis- based drugmaker's net profit fell to $600.8 million, or 56 cents per share, in the second quarter ended June 30, from $733.5 million, or 68 cents per share, a...