New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 15, 2014
08:25 EDTGTIV, GTIV, KND, KNDKindred Healthcare to host conference call
Conference call to discuss the proposal to acquire Gentiva Health Services will be held on May 15 at 8:30 am. Webcast Link
News For GTIV;KND From The Last 14 Days
Check below for free stories on GTIV;KND the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 13, 2014
18:55 EDTKNDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Aspen Technology (AZPN), up almost 3% after reporting better than expected Q4 results and giving Q1 and FY15 guidance on its earnings conference call. ALSO HIGHER: Kindred Healthcare (KND), up more than 1% after Point72 reported a 5.1% passive stake in the company. DOWN AFTER EARNINGS: Cisco Systems (CSCO), down 1.2% after reporting Q4 results, giving Q1 guidance, and announcing that it is cutting 8% of its workforce... Noodles & Company (NDLS), down 21.2% after reporting Q2 results and "tempering" its FY14 outlook... Conatus Pharmaceuticals (CNAT), down 13.6% after reporting Q2 results and announcing it is deferring the results of its NAFLD/NASH clinical trial to 1Q15. ALSO LOWER: Amgen (AMGN), down 2.15% after announcing the Phase 3 Kyprolis FOCUS clinical trial did not meet its primary endpoint.
16:17 EDTKNDPoint72 Asset reports 5.1% passive stake in Kindred Healthcare
Subscribe for More Information
August 11, 2014
11:10 EDTGTIVGentiva Health discloses CID from DoJ in 10-Q
Subscribe for More Information
06:57 EDTKNDAvondale to hold a conference
Subscribe for More Information
August 6, 2014
18:34 EDTKNDKindred Healthcare sees Q3 cont. ops diluted EPS 5c-15c, consensus 17c
Subscribe for More Information
18:32 EDTKNDKindred Healthcare sees FY14 cont. ops diluted EPS 96c-$1.14, consensus $1.14
The company revised its operating cash flow guidance range of $245M-$275M to a revised range of $200M-$230M. The company maintained its expectation of $100M-$105M for routine capital expenditures and for timing reasons reduced its anticipated FY14 cash outflows for development of new or replacement facilities by $5M to approximately $15M-$20M. The company expects its FY14 operating cash flows in excess of routine and development capital spending to approximate $85M-$105M, which will be available to fund acquisitions, repay debt and pay dividends. Estimated dividend payments for FY14 are expected to approximate $29M, an increase of approximately $3M from the previous guidance due to the issuance of 9.7M additional common shares in the company’s recently completed equity offering.
18:27 EDTKNDKindred Healthcare Q2 hospital division admissions growth up 3.1%
The company saw Q2 hospital division revenue growth per patient day of 1.8% and 1.3% growth in core operating costs per patient day. RehabCare division achieved sequential core operating income growth and margin improvement from 11.6% in Q1 to 12.3% in Q2. Nursing center division core operating income increased 11.3% primarily due to growth in revenues and operating margins were significantly improved due to ongoing repositioning and cost control initiatives. Care Management division delivered 66% revenue growth and core operating income doubled compared to the same period last year.
18:23 EDTKNDKindred Healthcare reports Q2 diluted continued ops EPS 34c, consensus 32c
Reports Q2 revenue $1.28B, consensus $1.28B. Q2 operating results included pretax charges of $70.9M, or 83c per diluted share related to debt refinancing, restructuring, litigation and transaction costs. Without these items, diluted earnings per share from continuing operations increased 26%.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use