SOUTH BEND – Fitch and Standard & Poors have established a rating of AA- / Stable for Beacon Health System, an affiliation between Elkhart General Hospital and Memorial Hospital of South Bend. The rating is a direct reflection of the success of the two organizations affiliating and the solid financial position Beacon enjoys. In conjunction […]
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Credit unions offer alternatives to traditional banking. by Michael Puente When the great recession hit in 2008 and lasted through much of 2009, securing a loan through a traditional bank became more difficult, with stricter income guidelines and tougher collateral requirements as a way to reduce the risk of loans going unpaid. That meant some
INDIANAPOLIS – Chip Ganassi Racing Teams and PNC Financial Services Group, Inc. have formed a strategic sponsorship for the 2013 race season. The relationship, which includes assets across the Ganassi Racing’s IndyCar, NASCAR and Grand-AM programs, will be focused around key motorsports events for each series in the Indianapolis market. “It is always great when
SOUTH BEND – Robert J. Konopa, partner at Tuesley Hall Konopa, has been named to the 2013 Indiana Super Lawyers list as one of the top attorneys in Indiana. No more than 5 percent of lawyers in the state are selected each year for this honor. Konopa was recognized for his work in civil litigation defense,
SCHERERVILLE – The four-story Plaza 833 at the southwest corner of U.S. 30 and U.S. 41 will be renovated by Fitzgerald Earles Architects and Associates. The building is owned by LM Commercial Real Estate of suburban Chicago. The renovation includes a new entryway, lobby and atrium, work in each of the corridors of the building,
HOBART – Local Chick-fil-A restaurant owner Tyler Carter, View Outdoor Advertising and the cow of the hour gathered Jan. 10 to divulge what the infamous bovines have been up to. The Merrillville advertising company announced its participation in Chick-fil-A’s award-winning marketing campaign featuring the cows urging people to “Eat Mor Chikin.” The campaign began in
GARY – Fitch Ratings, one of the three major credit rating agencies, has upgraded Methodist Hospitals bond issues to BBB from BBB-. The upgrade is the second such move by the ratings agency in the past 12 months. The ratings agency cited Methodist’s sustained operating performance in making this latest upgrade, including strong profit margin,
Local banks prosper even in tough economic times. by Michael Puente For the all the negative national economic news surrounding underwater mortgages, foreclosures and companies that can’t secure loans for new initiatives, Northern Indiana as a whole isn’t fairing too badly and is actually doing much better than other parts of the country. That’s according
HAMMOND – SportsIndiana.org has received a facelift. The new site is more user-friendly and includes features such as an interactive community map, individual community sports venue pages, membership information and information on the sports tourism business in Northwest Indiana. “This new website greatly simplifies the process of applying for and submitting grant requests for the
