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Stock Market & Financial Investment News

News Breaks
March 26, 2014
11:02 EDTKND, THC, LPNT, DGX, FMS, ADK, UHS, CYH, DVA, SKH, HCA, LHDoc fix draft positive for labs, hospitals, skilled nursing, says Wells Fargo
Wells Fargo views the draft copy of the SGR ''Doc Fix'' bill released by the House of Representatives this morning as positive for labs, dialysis providers, hospitals and skilled nursing facility operators. The firm added that it thinks the chances the bill passes are high. Quest Diagnostics (DGX) and LabCorp (LH) are publicly traded labs, while DaVita (DVA) and Fresenius Medical (FMS) operate dialysis centers. Publicly traded hospital operators include Community Health (CYH), HCA Holdings (HCA), LifePoint Hospitals (LPNT), Tenet (THC) and Universal Health (UHS). Skilled nursing stocks include Skilled Healthcare (SKH), AdCare (ADK) and Kindred Healthcare (KND).
News For DGX;LH;CYH;LPNT;HCA;UHS;THC;SKH;ADK;KND;DVA;FMS From The Last 14 Days
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January 29, 2015
07:11 EDTDGXQuest Diagnostics increases quarterly dividend 15% to 38c
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07:10 EDTDGXQuest Diagnostics reports Q4 adjusted EPS $1.08, consensus $1.05
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January 27, 2015
17:51 EDTKNDS&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices
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17:24 EDTKNDANI Pharmaceuticals to replace Gentiva Health in S&P 600 as of 2/2 close
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January 26, 2015
17:33 EDTKNDKindred Healthcare apponts Kent H. Wallace as COO
Kindred Healthcare has named Kent H. Wallace Executive VP and COO, effective February 2. Mr. Wallace will be a member of the company’s Executive Committee. Benjamin A. Breier, current COO, will become CEO on March 31, succeeding Paul J. Diaz, who will become Executive Vice Chairman of the Kindred Board of Directors.
12:39 EDTLPNT, THC, UHS, HCA, CYHHHS Secretary orders Medicare to change payment method, WSJ says
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January 25, 2015
20:22 EDTLHA small miss for LabCorp could cause a share drop, Barron's says
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January 23, 2015
17:18 EDTHCAHCA Holdings to replace Safeway in S&P 500 as of 1/26 close
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08:08 EDTCYHCommunity Health reports agreement for purchase of interest in Metro Health
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07:32 EDTLHCharles River Labs upgraded to Outperform from Market Perform at William Blair
William Blair upgraded Charles River Labs (CRL) to Outperform citing improving demand for early-stage development services as well as opportunity for share gains due to Covance’s (CVD) pending merger with LabCorp (LH).
January 22, 2015
16:17 EDTKNDGentiva Health stockholders approve combination with Kindred Healthcare
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16:06 EDTKNDGentiva Health stockholders approve combo with Kindred Healthcare
Gentiva Health Services (GTIV) announced that all proposals necessary for the combination with Kindred Healthcare (KND) were approved by Gentiva’s stockholders at the company’s Special Meeting of Stockholders. Gentiva and Kindred expect to complete the transaction on February 2. As previously announced, on October 9, Kindred and Gentiva entered into a definitive agreement under which Kindred will combine with Gentiva for $14.50 per share in cash and 0.257 shares of Kindred common stock based upon an agreed upon fixed exchange ratio.
January 21, 2015
11:35 EDTKNDGentiva Health to host special shareholder meeting
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10:01 EDTFMSOn The Fly: Analyst Downgrade Summary
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07:09 EDTFMSFresenius Medical downgraded to Equal Weight from Overweight at Barclays
06:40 EDTFMSFresenius Medical downgraded to Neutral from Buy at UBS
UBS downgraded Fresenius Medical to Neutral citing limited upside to shares.
January 20, 2015
08:21 EDTLHLabCorp upgraded to Buy from Hold at Evercore ISI
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08:03 EDTADKAdCare to lease ten facilities in Arkansas to Aria Health Group
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07:18 EDTCYHCommunity Health sees Q4 EPS $1.23, consensus $1.20
Sees Q4 net operating revenue approx. $4.9B, consensus $5.06B. Excluding acquisition and integration expenses from the acquisition of Hospital Management Associates, legal expenses related to the HMA legal proceedings underlying the CVR agreement, and expenses related to other government legal settlements, adjusted EBITDA is expected to be approximately $785M for the three months ended December 31, 2014.
07:18 EDTCYHCommunity Health Sees FY14 EPS $3.29, consensus $3.21
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