Stories tagged with "balance sheet"

Budget cutbacks force 33 of Indiana's state workers from their jobs by Mary Beth

Department of Administration trimmed posts as part of order to slash its budget by 10% Indiana’s revenue crunch became personal Friday for 33 state employees who were laid... – Nov 14, 2009 at 1:12 AM in Politics & Government

PNC preparing to convert National City banks by indystar

Pittsburgh-based financial services company PNC said it is getting set for the changeover of National City banks in Pennsylvania and Florida next month. PNC Financial Services... – Oct 23, 2009 at 8:52 AM in Communities

Accuride Corp. in Evansville files for bankruptcy by Tom Spalding

Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, today said it has filed for Chapter 11 bankruptcy reorganization as part of a widespread debt... – Oct 08, 2009 at 6:59 AM in Business

Finish Line to lay off 20 from its headquarters by Dana Hunsinger

Indianapolis-based Finish Line today announced it is laying off 20 employees at its corporate headquarters. “To maintain a strong balance sheet in this economy, we had to... – Aug 27, 2009 at 10:06 PM in Business

Finish Line hopes to turn sales around at namesake stores by Erika Smith

With Man Alive gone, retailer The Finish Line is finished with forays into side businesses. The Indianapolis-based retailer is returning its attention to its namesake stores, Chief... – Jun 26, 2009 at 1:00 AM in Retail/Real Estate

Arcadia Resources reports loss by indystar

Indianapolis Arcadia Resources cited restructuring costs and other one-time charges for a fourth-quarter net loss from continuing operations of $32.7 million, compared with a $4.5... – Jun 26, 2009 at 1:00 AM in Health Care & Pharma

Simon to resume cash dividend in 2010 by indystar

Indianapolis-based Simon Property Group, the largest U.S. real estate investment trust, today said it plans to resume paying a cash dividend in 2010. Dow Jones reports that the... – Jun 04, 2009 at 1:12 PM in Business

Duke raises $218M in quarter by indystar

INDIANAPOLIS Duke Realty Corp. said Tuesday it raised $218 million in the first quarter through debt financing and the sale of two office buildings in St. Louis. The Indianapolis... – Apr 08, 2009 at 1:00 AM in Retail/Real Estate

Columbus bank makes big sale in fight for survival by Tom Spalding

Columbus-based Irwin Financial Corp., stung by heavy losses on home equity loans made in Western states, today said external auditors have raised doubt about the company’s... – Apr 01, 2009 at 12:40 PM in Business

Old National returns TARP funds by indystar

Evansville-based Old National Bancorp today announced that it has paid back the Treasury Department’s Troubled Asset Relief Program, or TARP funds. Old National had in December... – Mar 31, 2009 at 4:39 PM in Business

Honor the mandate, not the 'fix' by indystar

Shouting “socialism” didn’t work, so now they’re yelling “overload” and “lack of focus.” Critics of the Obama administration counsel... – Mar 14, 2009 at 1:00 AM in Commentary

4Q loss, talk of change on Steak n Shake menu by Tom Spalding

Sardar Biglari, chairman of the board, told a crowd of analysts and investors that the key to reversing the fortunes of the restaurant chain Steak n Shake is to cut costs, not... – Nov 11, 2008 at 10:31 AM in Business

Duke halts new projects, has stable 3Q by indystar

Indianapolis-based Duke Realty said its halting of new development projects helped stabilize the company's balance sheet during the third quarter.Denny Oklak, CEO and chairman,... – Oct 30, 2008 at 8:45 AM in Business

Bad loans carve into Indy Web bank's profits by Tom Spalding

Indianapolis' First Internet Bancorp, a financial holding company with a mortgage division, today blamed bad loans for a 30 percent drop in net income for the third... – Oct 28, 2008 at 9:20 AM in Business