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Top News & Analysis Indiana

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  • 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...

  • Eli Lilly tops Street 2Q forecasts, raises outlook Thursday, 23 Jul 2015 | 6:36 AM ET

    NEW YORK— Eli Lilly and Co. on Thursday reported better-than-expected second-quarter profit on a boost from its recently acquired animal health unit and raised its outlook. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Six analysts surveyed by Zacks expected $4.84 billion in revenue.

  • SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first public...

  • WASHINGTON— Surrounded by supporters as he announced his bid for the presidency, Jeb Bush decried the "swarms of lobbyists" holding sway in Washington and said he was the candidate ready to do something about it. "Look, the rest of the country struggles under big government, while comfortable, complacent interest groups in Washington have been thriving on it."

  • MainSource posts 2Q profit Wednesday, 22 Jul 2015 | 5:18 PM ET

    GREENSBURG, Ind. _ MainSource Financial Group Inc. on Wednesday reported second-quarter profit of $9.7 million. The bank, based in Greensburg, Indiana, said it had earnings of 44 cents per share. Keywords: MainSource Financial, Earnings Report.

  • UPDATE 1-U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 4:27 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 2:21 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • Higher minimum-wage proposals gain ground on both coasts Wednesday, 22 Jul 2015 | 12:33 PM ET

    SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first...

  • INDIANAPOLIS— Pittsburgh- based grocer Giant Eagle has dropped its plans to raze a historic Indianapolis church and build a gas station and convenience store on the site. Cumberland was once a rest stop along the National Road— now U.S. 40— but the town has lost many of its century-old homes and businesses in recent decades to development. Town Manager Andrew...

  • Angie's List reports 2Q loss Wednesday, 22 Jul 2015 | 7:09 AM ET

    INDIANAPOLIS _ Angie's List Inc. on Wednesday reported a loss of $8.3 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. Angie's List shares have dropped nearly 3 percent since the beginning of the year.

  • GRAINS-Weaker dollar helps U.S. grains recover losses Tuesday, 21 Jul 2015 | 8:18 AM ET

    *Corn up after hitting 3- week low on improving U.S. weather. Chicago Board of Trade September wheat was unchanged at $5.32-3/ 4 a bushel by 1157 GMT, after falling to $5.30, its lowest since June 25. Corn rose 0.2 percent to $4.05-3/ 4 a bushel after hitting its weakest since June 30, while soybeans added 0.55 percent to $10.13-1/ 4 a bushel.

  • S&T Bancorp beats Street 2Q forecasts Tuesday, 21 Jul 2015 | 7:42 AM ET

    INDIANA, Pa. _ S&T Bancorp Inc. on Tuesday reported second-quarter earnings of $18.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. S&T Bancorp shares have climbed roughly 5 percent since the beginning of the year.

  • Wolf, lawmakers sound upbeat after 4-hour budget talk Tuesday, 21 Jul 2015 | 4:01 AM ET

    Tom Wolf said negotiators made progress but he declined to "even guess" how much longer the budget stalemate will go on. "Everybody felt that it was a productive meeting and we really have a dialogue going on," said House Speaker Mike Turzai, R- Allegheny. Pennsylvania is three weeks into its new fiscal year without a budget in place.