August 6, 2016 at 4:39 a.m.
IU Health garners No. 1 ranking
Business roundup
IU Health has been ranked as the No. 1 health system in Indiana.
U.S. News & World Report released its 2016-17 “Best Hospitals” rankings this week, ranking IU Health as the top system in the state.
Ball Memorial Hospital in Muncie was ranked as the No. 8 regional hospital in Indiana. It also earned high ratings for procedures involving hip replacement, knee replacement, heart failure and chronic obstructive pulmonary disease.
Jay County Hospital has partnerships with IU Health, including the facility’s IU Health Ball Memorial Cancer Center.
Stock shoots up
Motherson Sumi, parent company of MSSL Wiring Systems of Portland, saw its stock rise by more than 5 percent Thursday after its board announced plans to raise more than $500 million.
The company is seeking to raise funds through the allotment of equity shares. That decision resulted in its stock price rising to $5.19 per share on the New York Stock Exchange.
“This is a step towards gearing up for the growth in line with the vision 2020 announced by the company,” the company said in a press release. “MSSL has set the target of becoming $18 billion company by 2020.”
Cutting positions
Dollar Tree Inc. will cut jobs as part of its merger with Family Dollar.
The company will eliminate 370 jobs, 100 of which are currently vacant, as it integrates with Family Dollar after purchasing the discount store chain for $9 billion in 2015. The cuts will come at Family Dollar’s store support center in North Carolina as the companies merge office duties.
Officials said plans call for continuing to operate Dollar Tree and Dollar General stores as separate entities.
“We will operate and grow both banners,” Dollar Tree CEO Bob Sasser said. “At Dollar Tree, everything is $1 while Family Dollar serves as your neighborhood discount store. To insure that we deliver value and the brand standard, we plan to keep our customer-facing organizations separate and focused on the individual banners. Specifically, store operations and merchandising functions will remain largely unchanged.”
Tyson is highly rated
Tyson Foods, parent company of Tyson Mexican Original in Portland, received a strong rating from analysts this week.
Credit Lyonnais Securities Asia gave Tyson Foods an “outperform” rating this week, setting a target price of $82 per share. Tyson’s stock has risen more than 37 percent since December to a price of $73.48 per share.
U.S. News & World Report released its 2016-17 “Best Hospitals” rankings this week, ranking IU Health as the top system in the state.
Ball Memorial Hospital in Muncie was ranked as the No. 8 regional hospital in Indiana. It also earned high ratings for procedures involving hip replacement, knee replacement, heart failure and chronic obstructive pulmonary disease.
Jay County Hospital has partnerships with IU Health, including the facility’s IU Health Ball Memorial Cancer Center.
Stock shoots up
Motherson Sumi, parent company of MSSL Wiring Systems of Portland, saw its stock rise by more than 5 percent Thursday after its board announced plans to raise more than $500 million.
The company is seeking to raise funds through the allotment of equity shares. That decision resulted in its stock price rising to $5.19 per share on the New York Stock Exchange.
“This is a step towards gearing up for the growth in line with the vision 2020 announced by the company,” the company said in a press release. “MSSL has set the target of becoming $18 billion company by 2020.”
Cutting positions
Dollar Tree Inc. will cut jobs as part of its merger with Family Dollar.
The company will eliminate 370 jobs, 100 of which are currently vacant, as it integrates with Family Dollar after purchasing the discount store chain for $9 billion in 2015. The cuts will come at Family Dollar’s store support center in North Carolina as the companies merge office duties.
Officials said plans call for continuing to operate Dollar Tree and Dollar General stores as separate entities.
“We will operate and grow both banners,” Dollar Tree CEO Bob Sasser said. “At Dollar Tree, everything is $1 while Family Dollar serves as your neighborhood discount store. To insure that we deliver value and the brand standard, we plan to keep our customer-facing organizations separate and focused on the individual banners. Specifically, store operations and merchandising functions will remain largely unchanged.”
Tyson is highly rated
Tyson Foods, parent company of Tyson Mexican Original in Portland, received a strong rating from analysts this week.
Credit Lyonnais Securities Asia gave Tyson Foods an “outperform” rating this week, setting a target price of $82 per share. Tyson’s stock has risen more than 37 percent since December to a price of $73.48 per share.
Top Stories
9/11 NEVER FORGET Mobile Exhibit
Chartwells marketing
September 17, 2024 7:36 a.m.
Events
250 X 250 AD