State's gambling jackpot may have reached its limit
Hoosiers' long ride on the gambling gravy train finally may be coming to an end.
View ArticleIndians buck recession, score more sponsor dollars
Despite the bad economy, the Indianapolis Indians' franchise could make a record amount of money in 2009.
View ArticleGambling habit puts state at risk
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
View ArticleChaCha co-founder dancing to different drum
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he...
View ArticleGeorge gives IRL four years to break even ... or else
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn't break into the black soon.
View ArticleIndianapolis Indians take big revenue hit, but team still profitable
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite that, the team’s board voted unanimously to pay a dividend.
View ArticleAIT shares profit with employees - again
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take in profit sharing this year to an impressive $3 million.
View ArticleIndianapolis Indians scoring sponsorship, attendance increases
Minor-league baseball team could be in line to register another $1 million profit thanks to improvements in sponsorship sales and attendance.
View ArticleAnalysts say Angie's List on path to profitability
Indianapolis-based Angie's List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the company that offers consumer-written reviews of service providers is on track to...
View ArticleDuke loss narrows, quarter meets expectations
Indianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32 million in the same quarter of 2011.
View ArticleAngie's List turns corner on profitability
Indianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings service's first profitable period since its 1995 founding.
View ArticleCalumet shares skid on big fourth-quarter loss
The Indianapolis-based processor of crude oil blamed its loss on tighter profit margins and higher operating costs. It has been on an acquisition spree since 2011.
View ArticleCity’s $160M deal adds to Pacers' financial winning streak
The Pacers' revenue stream this season has increased about $42 million from where it was during the 2008-2009 season, and the team’s finances could get even brighter as the NBA negotiates a new...
View ArticleFinish Line's chain of running stores 'turning a corner'
The Finish Line Inc.’s 48-store specialty running chain has been stuck in neutral and unable to grind out a profit since its inception three years ago. But the Indianapolis-based athletics retailer...
View ArticleAs other WNBA teams struggle, Indiana Fever becomes model of stability
An aggressive year-round sales effort and the backing of the Indiana Pacers’ owner and top executive have pushed the Indiana Fever to profitability and helped the 15-year-old team become one of the...
View ArticleHHGregg’s latest loss still beats Wall Street expectations
The retailer reported another lackluster quarter with sales dips in every category except home products. But its shares shot up in trading because the results were better than expected.
View ArticleNoble Roman's making strides on take-and-bake biz
The Indianapolis-based company in the past two months has increased its supermarket presence and hired an executive to oversee grocery operations, while securing more financing to help achieve the growth.
View ArticleAs ChaCha waits for suitor, CEO Jones makes cuts for profitability
ChaCha has moved out of its offices but is still operating. It posted a profit on $2 million in revenue last quarter, and CEO Scott Jones wants to stay in the black until someone buys the Q&A...
View ArticleIndiana Fever among league leaders in sponsorship sales, profitability
For a third consecutive year, the Fever have led the WNBA in sponsorships sales and, more important, have been profitable. Team officials said the margin isn’t huge, but league sources confirmed the...
View ArticleDow AgroSciences up for sale or spin-off, again
Dow Chemical is exploring all options for its subsidiary, Indianapolis-based Dow AgroSciences. The company employs 1,500 workers in the Indianapolis area and, as a stand-alone firm, would be the...
View ArticleSimon reports lower quarterly profit, higher revenue
Despite reporting lower profit in the fourth quarter, the nation's largest mall owner still posted strong results for the full year.
View ArticleSimon raises outlook on strong first-quarter earnings
The nation's largest mall owner said funds from operations, a key measure of profitability, increased 15.4 percent in the first quarter while tenant rents grew.
View ArticleHurco profit falls as demand for machine tools diminishes
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
View ArticleFinish Line's supply chain woes under control, CEO says
Sales and profit for the apparel seller's most recent quarter either met or exceeding Wall Street's expectations. It's now embarking on a plan for responding to clothing trends more quickly.
View ArticleOther suitors will have chance to outbid HHGregg's proposed buyer
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
View ArticleCircle Centre profit gets lift from eateries, IPS tax cut
The mall posted higher profit and improved sales per square foot in 2017, though retail observers say it remains at a crossroads following the closure of its last department store, Carson’s.
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