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Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:30 EDTENSGEnsign Group says moving toward active settlement with DOJ
The company said, "Explaining the $15 million reserve taken in the quarter, General Counsel Beverly Wittekind said, 'Over the past months and years, as we have previously indicated, management and the special committee have been interacting with government representatives to advance the matter toward resolution. While the interactions continue, progress to date has allowed the conversation between our representatives and the government to move toward active settlement discussions.' She further noted that the taking of the reserve is neither final nor a guarantee of a settlement, but rather represents an estimated liability related to the company's efforts to achieve a global, company-wide resolution of any claims, if a settlement can be achieved.
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July 17, 2014
06:22 EDTENSGEnsign Group to acquire Keiro Nursing Home
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July 15, 2014
16:17 EDTENSGEnsign Group acquires Colorado based hospice agency
The Ensign Group announced that it has acquired Namaste Hospice located in Denver, Colorado. Namaste will be operated by Cornerstone Healthcare, Ensign's home health and hospice operating company.The purchase was made with cash, and brings Ensign's growing portfolio to ten home health agencies and nine hospices, across nine states. Ensign expects the newly-acquired agency to be mildly accretive to earnings in 2014. CEO Christopher Christensen reaffirmed that Ensign is actively seeking additional opportunities to acquire both well-performing and struggling home health and hospice operations across the U.S.
16:13 EDTENSGEnsign Group files automatic mixed securities shelf

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