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Stock Market & Financial Investment News

News Breaks
April 25, 2014
10:31 EDTLPNTLifePoint Hospitals says ACA a 'net positive' so far
LifePoint Hospitals said on its Q1 earnings call that its quarterly results were favorably impacted by its growth strategy, continued focus on managing costs, and the early benefits of reform. "The overall challenging volume environment continued to be a headwind and our volumes in the quarter were impacted by limited flu activity across our hospitals and to a lesser extent severe weather," the company noted. Four months into the implementation of the Affordable Care Act the new healthcare law has been a "net positive" for LifePoint so far, as expected, the company said.
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July 28, 2014
07:33 EDTLPNTLifePoint Hospitals price target raised to $80 from $73 at UBS
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07:32 EDTLPNTLifePoint Hospitals price target raised to $89 from $63 at RBC Capital
RBC Capital increased its price target on LifePoint after the company reported beat and raise results that the firm thinks were impressive. The firm, which believes that the beat and raise was largely driven by the ACA, is now more upbeat on the company's visibility and ability to benefit from the ACA. It keeps an Outperform rating on the stock.
July 25, 2014
07:06 EDTLPNTLifePoint Hospitals sees FY14 EPS $2.99-$3.19, consensus $2.71
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07:03 EDTLPNTLifePoint reports Q2 EPS from cont. ops. 84c, may not compare to consensus 55c
Reports Q2 revenues from continuing operations $1.05B, consensus $1.01B.
July 22, 2014
13:46 EDTLPNTCourt upholds Obamacare subsidies, NY Times says
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12:16 EDTLPNTU.S. to appeal ruling on health care insurance subsidies, Politico says
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