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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:10 EDTACHCAcadia Healthcare acquires inpatient psychiatric facilities
Acadia Healthcare announced the acquisition of inpatient psychiatric facilities in Seattle, Washington, and Riverside, California. Effective, December 1, 2013, the company completed the purchase of an acute inpatient psychiatric facility from Highline Medical Center. The facility was purchased for $20M in cash. Acadia is adding 22 inpatient psychiatric beds in a unit that had not been in use and will transition an additional 50 beds to inpatient psychiatric beds from other uses upon the expiration of third-party provider leases at the end of 2014. Acadia also purchased the Riverside Center for Behavioral Medicine. Consideration for this purchase was $10.5M in cash. The company said, "We expect to produce adjusted income from continuing operations per diluted share in a range of 28c-29c in the fourth quarter as our strong consolidated operating performance should offset the short-term impact of these facilities on our profitability, and as a result, we affirm our established guidance for 2013 adjusted income from continuing operations in a range of $1.06-$1.07 per diluted share.
News For ACHC From The Last 14 Days
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September 2, 2015
07:04 EDTACHCAcadia completes three acquisitions in the U.K.
Acadia Healthcare Company announced that it has completed three acquisitions in the United Kingdom, bringing a total of six inpatient behavioral health facilities with 149 beds to Partnerships in Care, the company's U.K. operation. These facilities generate approximately $35M in annual revenue and are expected to contribute 4c-5c per diluted share in annual accretion. With the completion of these transactions, PiC now operates 52 inpatient facilities with over 2,000 beds.
September 1, 2015
10:05 EDTACHCOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 8point3 Energy (CAFD) initiated with an Equal Weight at Barclays... AMAG Pharmaceuticals (AMAG) initiated with an Outperform at Raymond James... Acadia (ACHC) initiated with an Outperform at Leerink... Acorda Therapeutics (ACOR) initiated with a Market Perform at Raymond James... Alexion (ALXN) initiated with a Strong Buy at Raymond James... Amedisys (AMED) initiated with an Outperform at Wells Fargo... Amgen (AMGN) initiated with a Market Perform at Raymond James... Amplify Snack Brands (BETR) initiated with a Neutral at Credit Suisse... BioMarin (BMRN) initiated with an Outperform at Raymond James... Biogen (BIIB) initiated with a Strong Buy at Raymond James... Celgene (CELG) initiated with a Strong Buy at Raymond James... CoreLogic (CLGX) initiated with a Neutral at SunTrust... Digi International (DGII) initiated with an Overweight at Stephens... First Solar (FSLR) initiated with an Overweight at Barclays... LHC Group (LHCG) initiated with an Outperform at Wells Fargo... Lancaster Colony (LANC) initiated with a Buy at BB&T... McCormick (MKC) initiated with a Buy at BB&T... NephroGenex (NRX) initiated with a Buy at H.C. Wainwright... Omega Protein (OME) initiated with a Hold at BB&T... Preferred Apartment (APTS) initiated with an Outperform at FBR Capital... Qorvo (QRVO) initiated with an Outperform at CLSA... Regeneron (REGN) initiated with an Outperform at Raymond James... Skyworks (SWKS) initiated with an Outperform at CLSA... SunPower (SPWR) initiated with an Equal Weight at Barclays... TESARO (TSRO) initiated with a Strong Buy at Raymond James... Ultragenyx (RARE) initiated with an Outperform at Raymond James... VEREIT (VER) initiated with a Buy at Goldman... Westmoreland (WLB) initiated with an Outperform at BMO Capital.
07:23 EDTACHCAcadia initiated with an Outperform at Leerink
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August 25, 2015
09:26 EDTACHCRBC Capital to hold a bus tour
Healthcare Bus Tour travels throughout Nashville, TN to visit with various healthcare companies on August 25-26.

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