INDIANAPOLIS, Aug. 5, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp. ("Finance Corp." and, together with the Company, the "Issuers") announced the final settlement of the previously announced (i) exchange offer (the "Exchange Offer") to certain holders of their 7.625% Senior Notes due 2022 (the "2022 Notes") to exchange 2022 Notes for newly issued 9.25% Senior Secured First Lien Notes due 2024 (the "New Notes") and (ii) solicitation of consents (the "Consents") from holders of their outstanding 11.00% Senior Notes due 2025 (the "2025 Notes") to allow the Issuers to consummate the Exchange Offer.
INDIANAPOLIS, Aug. 5, 2020 /PRNewswire/ -- CarrierHQ, the on-the-go portal of competitive and flexible services a new or existing fleet needs to make growing their business easier, announced a new service offering with Comdata to help carriers increase fleet efficiency. With this partnership, Comdata, a leading provider of innovative B2B payment technologies, will provide CarrierHQ fleets access to Comdata's OnRoad Card, the most powerful, widely accepted, mobile-first fuel and funds card in the trucking industry.
WEST LAFAYETTE, Ind., Aug. 5, 2020 /PRNewswire/ -- Purdue University is ushering in a new era in hospitality to campus with the reopening today (Aug. 5) of the historic Union Club Hotel. The 182-room hotel recently completed a comprehensive $35 million, yearlong renovation where snapshots of Purdue's legacy can be found everywhere, including in the names of its three new dining concepts.
INDIANAPOLIS, Aug. 5, 2020 /PRNewswire/ -- Continuing its rapid evolution, Sanctuary Wealth, home to the next generation of elite financial advisors, is now carefully building out an offering for advisors who primarily work with clients living abroad but investing in the US. As part of the launch of this effort to provide the benefits of partnered independence to advisors who work primarily with non-US clients, Sanctuary has brought on Susan Graybeal as Director, International Wealth Management.
ELKHART, Ind., Aug. 5, 2020 /PRNewswire/ -- Mennonite Church USA -- Mennonite Church USA (MC USA), a historic peace church that actively practices biblically-based peace, justice and nonresistance, has issued a call to white people to engage in anti-racism work in the United States and across the world. In an open letter to the denomination, Michael Danner, MC USA's associate executive director of Church Vitality, invites his fellow white Christians to "engage in proactive, deliberate efforts to oppose and dismantle racism in all of its forms."
CARMEL, Ind., Aug. 5, 2020 /PRNewswire/ -- Transworld Business Advisors of Indiana (www.tworld.com/indiana) is excited to welcome Mr. Thompson to the Team! He has assumed the position of Business Advisor and will focus on serving clients in Indiana with his strong financial, legal and business background.
Police will be conducting extra patrols in Northwest Indiana and across the state watching for drivers ignoring deployed school bus stop-arms when students are boarding or exiting buses.
WEST LAFAYETTE, Ind., Aug. 5, 2020 /PRNewswire/ -- Wabash Heartland Innovation Network is planning the launch of an RTO Wireless AeroSite(TM), home base of the first telecommunications aerostat to be deployed in the United States for rural broadband. The AeroSite(TM) will support WHIN's research broadband network, covering ten counties in north-central Indiana.
FORT WAYNE, Ind., Aug. 5, 2020 /PRNewswire/ -- iRely, LLC, a premier provider of enterprise software for petroleum distributors and convenience stores, announces the introduction of its state-of-the-art User Acceptance Program (UAP) for superior quality control.
MERRILLVILLE, Ind., Aug. 5, 2020 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, a net loss available to common shareholders for the three months ended June 30, 2020, of $18.5 million, or $0.05 per share, compared to net income available to common shareholders of $283.1 million, or $0.76 per share, for the same period of 2019. For the six months ended June 30, 2020, NiSource's net income available to common shareholders was $43.3 million, or $0.11 per share, compared to $488.2 million, or $1.31 per share, for the same period of 2019.
FORT WAYNE, Ind., Aug. 4, 2020 /PRNewswire/ -- Summit Medical Associates ("Summit") provides notice of an incident that may affect the security of some information relating to certain patients affiliated with Summit.
A new lawsuit accuses the Indiana State Police of unlawfully preventing death penalty opponents from demonstrating outside the federal prison in Terre Haute during recent executions.
“We’re just asking them to keep us safe, and if they don’t keep us safe, then we’ll go to the next step.”
Michigan City is expanding efforts to verify its pensioners are still alive after a state audit found the daughter of a deceased beneficiary received more than $75,000 in improper pension payments.
CARMEL, Ind., Aug. 4, 2020 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2020. For the second quarter of 2020, the company reported revenue of $419.0 million as compared with revenue of $719.1 million for the second quarter of 2019, a decrease of 42%. For the second quarter of 2020, the company reported a net loss from continuing operations of $32.3 million, or $0.27 per diluted share, as compared with net income from continuing operations of $27.4 million, or $0.20 per diluted share, in the second quarter of 2019. Adjusted EBITDA for the quarter ended June 30, 2020 decreased 41% to $80.0 million, as compared with Adjusted EBITDA of $135.9 million for the quarter ended June 30, 2019. Operating adjusted net income from continuing operations per diluted share decreased 73% to $0.08 for the quarter ended June 30, 2020, as compared with operating adjusted net income from continuing operations per diluted share of $0.30 for the quarter ended June 30, 2019. The company's operating results for the quarter ended June 30, 2020 were significantly impacted by the COVID-19 pandemic, as further discussed below. In addition, the company recorded a $29.8 million charge for the impairment of goodwill and other intangible assets in the second quarter of 2020.
CARMEL, Ind., Aug. 4, 2020 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced that for the quarter ending June 30, 2020, net income was $82.0 million, or $0.57 per diluted share compared to net income of $37.6 million, or $0.24 per diluted share in 2Q19. Net operating income (1) in 2Q20 was $79.4 million, or $0.55 per diluted share, compared to $76.4 million, or $0.48 per diluted share in 2Q19.
U.S. Sen. Mike Braun, R-Ind., has a message for Hoosier students, parents and teachers concerned about returning to the classroom amid the coronavirus pandemic: "Take a little risk."
INDIANAPOLIS, Aug. 4, 2020 /PRNewswire/ -- SoChatti, an Indianapolis-based chocolate start-up company, announced today that it has closed $2.2M in a series A offering, with an additional $950,000 in traditional bank financing. The company recently moved into a new 12,000 square foot state of the art facility in Indianapolis' Circle City Industrial Complex. This move will allow the company to expand production of its innovative chocolate products tenfold as it grows its DTC distribution and retail presence.
FORT WAYNE, Ind., Aug. 4, 2020 /PRNewswire/ -- Indiana Tech's Office for Student Success announced today the launch of Indiana Tech Readiness Academy to help incoming adult and online students within the university's College of Professional Studies (CPS) prepare for the college environment. The academy is a partnership with StraighterLine, the pioneering developer of online general education courses delivered through a low-cost monthly subscription.
WEST LAFAYETTE, Ind. and CHICAGO, Aug. 4, 2020 /PRNewswire/ -- Farmer sentiment was virtually unchanged in July in comparison to a month earlier, according to the Purdue University/CME Group Ag Economy Barometer. The index rose just one point from June to a reading of 118, still 30 percent lower than in February before the pandemic began. The Ag Economy Barometer is based on responses from 400 U.S. agricultural producers. This month's survey was conducted from July 20-24.
INDIANAPOLIS, Aug. 4, 2020 /PRNewswire/ -- Caregiver Homes, Seniorlink's intensive home-based care management program, today announced a pilot with CICOA, Indiana's largest Area Agency on Aging, focused on care team integration using its secure collaboration app, Vela.
The Randolph County Democratic party held its 95th Annual Wilson Dinner on Saturday, July 25, 2020. The dinner was held at Harter Park in Union City. The event can be viewed at Facebook.com/Progress4Randolph. The Wilson Dinner is the longest consecutively running local party event in the State of Indiana. Prior to the event, party members and candidates pressure washed the pavilion, polished the dedication plaques, painted the back wall, cleaned up trash, and installed two flag holders as a gift of appreciation to the citizens of Union City, IN. The event hosted some 50 physical attendees and was simultaneously broadcast online for the public to see. The opening prayer was delivered by Tito Farias, Union City Councilman, who also sang a bi-lingual version of “God Bless America.”
The federal appeals court in Chicago is seeking Northwest Indiana attorneys with an interest in bankruptcy law to apply to fill a bankruptcy judge position based in South Bend.
WARSAW, Ind., Aug. 4, 2020 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended June 30, 2020. The Company reported second quarter net sales of $1.226 billion, a decrease of 38.3% from the prior year period, and a decrease of 38.0% on a constant currency basis. Net loss for the second quarter was $206.6 million. Net earnings on an adjusted basis were $10.2 million.
FORT WAYNE, Ind., Aug. 4, 2020 /PRNewswire/ -- Avenues Recovery Center announced today the grand opening and ribbon-cutting ceremony for their new Avenues Recovery at Fort Wayne location. Avenues has gained renown nationwide for their unique community-based detox and residential substance abuse treatment programs.
FORT WAYNE, Ind., Aug. 3, 2020 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the completion of the acquisition of Zimmer, S.A. de C.V. ("Zimmer"), as part of its raw material procurement strategy to support its new Texas flat roll steel mill, which is planned to begin operations mid-year 2021. The transaction was funded with available cash.
The Higher Learning Commission has extended the deadline for teachers of dual credit courses to meet new instructor requirements due to the COVID-19 pandemic.
INDIANAPOLIS, Aug. 3, 2020 /PRNewswire/ -- Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today details for its second quarter conference call.
Gov. Eric Holcomb is highlighting the Hoosier unity spurred by COVID-19 in the first television ad of Indiana's 2020 gubernatorial contest.
HUNTINGTON, Ind., Aug. 3, 2020 /PRNewswire/ -- A beacon of hope, innovation, and entrepreneurship in the Church shines brightly as OSV Institute prepares to award three $100,000 prizes as the culmination to their first-ever Innovation Challenge to be held at The University of Notre Dame on Saturday, August 29. This year-long process began last August when more than 350 Catholic entrepreneurs submitted applications for their "napkin idea" to be considered for the OSV Innovation Challenge, established in partnership with Catholic Creatives, Notre Dame IDEA Center, and SENT. Now down to 12 finalists, three will be selected by a panel of experts, investors, and fellow entrepreneurs to receive funding to support and grow some of the brightest ideas in the Church today.
The public was advised to stay away from the shore line, as dangerous swimming conditions and flooding were expected throughout Monday, officials said.
INDIANAPOLIS, Aug. 3, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp. ("Finance Corp." and, together with the Company, the "Issuers") today announced the expiration and final results of their (i) private exchange offer (the "Exchange Offer") to certain holders of their 7.625% Senior Notes due 2022 (the "2022 Notes") to exchange 2022 Notes for newly issued 9.25% Senior Secured First Lien Notes due 2024 (the "New Notes") and (ii) solicitation (the "Consent Solicitation") of consents (the "Consents") from holders of their outstanding 11.00% Senior Notes due 2025 (the "2025 Notes") to allow the Issuers to consummate the Exchange Offer.
ELKHART, Ind., Aug. 3, 2020 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Inland Plywood Company ("Inland"), a premier supplier, laminator, and wholesale distributor of treated, untreated, and laminated plywood, medium density overlay panels, and other specialty products, primarily serving the marine market as well as the recreational vehicle ("RV") and industrial markets. Inland is headquartered in Pontiac, Michigan with an additional facility located in Cocoa, Florida. Inland's fiscal 2019 revenue was approximately $60 million, and the Company expects the acquisition to be immediately accretive to net income per share.
INDIANAPOLIS, Aug. 3, 2020 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced the initiation of BLAZE-2, a Phase 3 trial studying LY-CoV555 for the prevention of SARS-CoV-2 infection and COVID-19 in residents and staff at long-term care facilities in the U.S. (skilled nursing facilities, commonly referred to as nursing homes, and assisted living facilities). LY-CoV555, the lead antibody from Lilly's collaboration with AbCellera, is a neutralizing antibody against SARS-CoV-2, the virus that causes COVID-19. The rapid spread of SARS-CoV-2 among residents of long-term care facilities combined with the higher mortality rate for the elderly creates the urgent need for therapies to prevent COVID-19 in this vulnerable population.
The officer had to crawl out of his broken windshield to escape the squad car, police said.
The alligator seen lurking in Lake Lynwood earlier this week was captured in the early hours of Friday, the Lynwood Fire Department announced.
TORONTO, July 31, 2020 /PRNewswire/ -- Pala Interactive follow on from their successful launch of Kindred Group's Unibet brand in Pennsylvania by launching Unibet in Indiana, right as the sports season restarts.
The small lake has only a couple inches of visibility and floating cage traps have been set up in hopes of catching the reptile.
Under revised rules issued via executive order Thursday, students will be able to remove masks in the classroom if they are able to maintain 3 to 6 feet of distance from each other.
INDIANAPOLIS, July 30, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, today announced that it plans to report results for the fiscal second quarter 2020 on August 6, 2020. A conference call to discuss the financial and operational results is scheduled for August 6, 2020 at 9:30 AM ET.
CARMEL, Ind., July 30, 2020 /PRNewswire/ -- Last week, ADESA, a subsidiary of KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), hosted a single digital auction event with vehicles in 22 different locations using the company's Simulcast+(SM) technology. The sale was hosted on behalf of The Hertz Corporation and sold vehicles to buyers in 19 states across the country. Simulcast+ is ADESA's new digital auction platform that simulates the competitive live auction environment in a fully digitized, highly automated, live streaming format. The technology allows vehicles to be offered from an auction, distribution center, dealership or multiple sites and facilitates fast, competitive bidding for buyers.
Beach hazards statements were announced Thursday for Lake Michigan beaches in Indiana, Illinois and surrounding areas, due to potentially life-threatening waves and currents, NWS reported.
ELKHART, Ind., July 30, 2020 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of component and building products for the recreational vehicle ("RV"), marine, manufactured housing ("MH"), and industrial markets, today reported financial results for the second quarter ended June 28, 2020.
INDIANAPOLIS, July 30, 2020 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced financial results for the second quarter of 2020.
CARMEL, Ind., July 29, 2020 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference:
ON THE TRAIL
"Without further investment from our community, the experience we love as Badgers is at risk," athletic director Barry Alvarez said in a letter to football season ticket holders.
College sports' governing body announces requirements schools and conferences need to meet in hopes of playing sports this fall.
Orondaam Otto founded the social initiative in Nigeria to provide education and health services to disadvantaged children.
UK Bureau Chief of Al Arabiya, Rima Maktabi, gives CNN a look inside her Beirut home that was destroyed by a massive explosion that rocked the capital of Lebanon, leaving dozens dead and thousands injured.
Cowboy the pittie puppy was unable to walk on his own, but with the help of some physical therapy and a lot of love from his foster mom, Kate, he's learning to do exactly that!
Nebraska football is starting presesason camp on Friday and along with that, the program announced via Twitter some new player numbers.