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June 6, 2014
11:05 EDTRGP, DMND, JE, BKD, CMLP, JNS, ALIM, IRWD, WYN, TPHHigh option volume stocks
High option volume stocks: ALIM BKD TPH JNS JE WYN CMLP DMND IRWD RGP
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March 26, 2015
16:09 EDTWYNStarwood rises after FTC notice sparks takeover speculation
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15:56 EDTWYNStarwood could be worth $103/share in buyout, says SunTrust
SunTrust says the FTC's move to grant early termination notice on the potential Senator Global Opportunity Offshore Fund, Starwood deal could be driving some takeover speculation in the name. The firm sees Wyndham (WYN) as the most likely acquirer, and estimates that Starwood (HOT) could be worth $103 in a takeout scenario. SunTrust questions whether the speculation is "all smoke and no fire," however, and keeps a Neutral rating on the stock with an $85 price target.
March 23, 2015
10:07 EDTDMNDDiamond Foods management to meet with SunTrust
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08:07 EDTBKDBofA/Merrill healthcare high yield analyst has analyst/industry conference call
Healthcare High Yield Analyst Bland provides an update on the current state of the bond markets and the ability of healthcare providers to utilize debt financing on an Analyst/Industry conference call to be held on March 24 at 10 am.
07:10 EDTALIMAlimera Sciences to host analyst/investor meeting
Analyst/Investor Meeting to be held in New York on March 25 at 12:15 pm. Webcast Link
March 20, 2015
07:35 EDTBKDBrookdale Senior Living price target raised to $46 from $41 at Jefferies
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March 19, 2015
10:02 EDTJNSOn The Fly: Analyst Upgrade Summary
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06:24 EDTJNSJanus Capital upgraded to Neutral from Sell at Citigroup
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March 17, 2015
17:35 EDTCMLPCrestwood Midstream responds to Quicksilver Resource bankruptcy filing
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08:46 EDTBKDHCP, Brookdale announce $849M acquisition of senior housing portfolio
Brookdale Senior Living (BKD) and HCP, Inc. (HCP) announced that they have entered into a definitive agreement to acquire from Chartwell Retirement Residences a portfolio of 35 private pay senior housing communities representing 5,025 units for $849M. The Portfolio will be acquired using a RIDEA joint venture structure with HCP and Brookdale owning 90% and 10%, respectively. Brookdale has operated these communities since 2011 after its acquisition of Horizon Bay, and will continue to manage the communities post-closing under a long-term management agreement. Located in eight states with concentrations in Florida, Texas and Colorado, the Portfolio is comprised of: (i) 33 senior housing properties representing 4,792 units with a diversified care mix of 46% assisted living, 45% independent living, 5% memory care and 4% skilled nursing; and (ii) leasehold interests in two communities, which properties are wholly-owned by HCP, representing 233 units including purchase option rights exercisable in 2017. The majority of the units are located within the nationís top 31 Metropolitan Statistical Areas. Currently 89% occupied with an average monthly rate of $3,425, the Portfolio is expected to be acquired unencumbered by third party debt, and is projected to generate a first year cash yield of approximately 6.6%. The closing of this acquisition, expected in the third quarter of 2015, is subject to regulatory approvals and other customary closing conditions. There can be no assurance that the acquisition will close or, if it does, when the closing will occur.
March 16, 2015
15:43 EDTBKDBrookdale Senior Living says has met with Sandell 'extensively'
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15:39 EDTBKDBrookdale Senior Living confirms receipt of director nominations
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