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Stock Market & Financial Investment News

News Breaks
January 7, 2013
17:36 EDTKNDKindred Healthcare reaffirms FY13 cash flow $230M-$250M
The company re-affirmed its operating cash flow guidance for 2013 at a range between $230M- $250M. Estimated routine capital expenditures for 2013 are expected to range from $120M-$130M, unchanged from previous guidance. In addition to its routine capital expenditures, the company re-affirmed that its development of new or replacement transitional care hospitals, transitional care centers, and inpatient rehabilitation hospitals will approximate $20M-$30M in 2013. Operating cash flows in excess of the company's routine and development capital spending programs, which are expected to remain at approximately $90M for 2013, will be available to repay debt and fund acquisitions.
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March 23, 2015
08:07 EDTKNDBofA/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.

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