You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Peoples Bancorp yearly earnings up 30%
    Peoples Bancorp today reported fiscal 2014 earnings of $3.4 million, or $1.47 per diluted common share, a 30 percent increase from the $2.6 million, or $1.11 a share, posted for the previous 12 months.
  • Ossian auto-parts supplier to add 70 jobs
    A Wells County auto parts supplier is expanding its workforce by about 50 percent, officials announced today.
  • TI Automotive expanding, adding jobs
    TI Automotive in Ossian, Ind. announced today they will invest $10 million into their Wells County manufacturing facility in the form of new process equipment.
Advertisement

Zimmer Holdings' quarterly earnings fall 13%

Zimmer Holdings Inc. today reported third-quarter earnings of $154.4 million, or 90 cents per diluted common share, a 13 percent decline from the $178.1 million, or $1.02 a share, posted for 2012’s third quarter.

The Warsaw-based manufacturer of orthopedic devices also reported third-quarter net sales of $1.07 billion, a 5 percent increase from the same period a year ago.

Zimmer took pre-tax charges of $46.4 million in special items and $43.8 million in global restructuring, litigation, acquisitions and other items. The company also spent $17.5 million cash to acquire 200,000 of its shares.

sslater@jg.net

Advertisement