Methodist’s bonds receive upgrade

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, […]

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Stability But Still Uncertainty

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

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Sports promotion Web site gets new look

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

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Legal Q&A

Our annual roundup of answers to business law queries. by Michael Puente Summer is the time for beaches, backyard barbeques and just having fun. But it’s also a time for Hoosiers to adjust to new laws passed by the Indiana General Assembly back in the spring. Indiana has a host of new laws – namely

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Gary Airport has new marketing liaison

GARY – James Ward has been named marketing liaison for the Gary/Chicago International Airport. Ward has signed a nine-month contract with the airport at $1,000 a month. The primary responsibility for Ward will be spread the word about Allegiant Air services at the airport. In addition to its scheduled flights to Florida, Allegiant also provides

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Divorce Flu?

The timing of business valuation is important. When a business owner divorces in Indiana, the business is most often inventoried as a marital asset, and must be valued for purposes of equitable distribution between husband and wife. The date of valuation can be a critical issue. Indiana uses the date of filing as the date

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Pre-Employment Screening

Reduce costs and boost productivity, retention and morale. Test. Just the word may make your palms a little sweaty. But employers have no need to sweat over pre-employment tests. This is a test you want as a strategic part of your hiring process. Employers face a number of human-resource challenges, a number of reasons to

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