Hurco Chief Operating Officer Stepping Down

INDIANAPOLIS (AP) ¿ Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign as president and chief operating officer as of Oct. 31.

Hurco said in a release that Fabris is leaving to pursue other interests.

The company said CEO Michael Doar will handle Fabris' responsibilities for the "foreseeable future."

In August, Hurco reported a loss in its fiscal third quarter on lower sales volumes, reversing its year-ago profit.

Shares of Hurco fell 90 cents, or 5 percent, to $16.18 on Thursday.

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