Hi-Crush Partners provided the following update regarding the incident which occurred at the company's Whitehall facility on May 21. "On Monday May 21, 2018, a bulldozer operated by a worker from Gerke Excavating, Inc. became submerged in a detention pond at our Whitehall facility," said Scott Preston, COO of Hi-Crush. "Other workers on the scene promptly called emergency responders and immediately implemented our safety and rescue plan. This included reducing the amount of water in the pond, which allowed for a life-saving rescue. We salute the efforts of all those who were involved in the operators rescue, are proud of our team's quick thinking, and are grateful that the bulldozer operator was able to return to his family. The emergency release of an estimated 10 million gallons of water was necessary in the successful effort to rescue the bulldozer operator. The water that was released to rescue the operator contained silt, clay and sand. As part of the regulatory framework governing our industry, we conduct analysis of water discharged from our facility, and those tests have shown no indication of substances that are harmful to wildlife, humans or the environment. "We have initiated a clean-up effort in consultation with the state Department of Natural Resources (DNR) and local officials. This includes installing sediment and run off barriers to contain and capture the silt; repairing the berm on the pond to prevent further drainage; starting to clean up the neighboring properties; and planning appropriate clean-up efforts in consultation with DNR staff."

Post Holdings reported a fire took place on the evening of May 24 at its Michael Foods plant location in Klingerstown, PA. All employees were safely evacuated and no injuries were reported. The cause of the fire, which started in the duct work of an oven, is being investigated. The financial impact of the fire is expected to be insured to the extent it exceeds $2.5M, however, costs may be incurred in different reporting periods than any insurance recovery.

S&P MidCap 400 constituent ABIOMED (ABMD) will replace Wyndham Worldwide (WYN) in the S&P 500, Wyndham Worldwide will replace Microsemi Corp. (MSCC) in the S&P MidCap 400, and PRA Health Sciences Inc. (PRAH) will replace ABIOMED in the S&P MidCap 400 effective prior to the open of trading on Thursday, May 31. Wyndham Hotels & Resorts (WH) will be added to the S&P MidCap 400 effective prior to the open of trading on Friday, June 1, replacing GameStop Inc. (GME), which will be removed from the S&P MidCap 400 effective prior to the open of trading on Monday, June 4, and GameStop will replace Fred's Inc. (FRED) in the S&P SmallCap 600 also effective prior to the open of trading on June 4. New S&P MidCap 400 constituent Wyndham Worldwide, which is changing its name to Wyndham estinations Inc. and its ticker symbol to WYND, is spinning off Wyndham Hotels & Resorts in a transaction expected to be effective on June 1. Post spin-off, Wyndham Destinations will remain in the S&P MidCap 400. GameStop has a market capitalization more representative of the small-cap market space. Fred's is ranked near the bottom of the S&P SmallCap 600. Perspecta Inc. (PRSP) will replace Office Depot Inc. (ODP) in the S&P MidCap 400, and Office Depot will replace Roadrunner Transportation Systems Inc. (RRTS) in the S&P SmallCap 600 effective prior to the open of trading on Monday, June 4. S&P 500 constituent DXC Technology Co. (DXC) is spinning off Perspecta in a transaction expected to be effective on June 1. Post spin-off, DXC Technology will remain in the S&P 500. Office Depot has a market capitalization more representative of the small-cap market space. Roadrunner Transportation Systems is ranked near the bottom of the S&P SmallCap 600.

PRA Health to replace Abiomed in the S&P 400 at open on May 31st