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Stock Market & Financial Investment News

News Breaks
August 1, 2014
07:04 EDTLPNTWestCare Health System acquired by Duke LifePoint
The WestCare Health System Board of Trustees and Duke LifePoint Healthcare announced that the acquisition of WestCare by Duke LifePoint has been finalized. Under the terms of the acquisition agreement, which was reviewed by the Attorney General of North Carolina, Duke LifePoint purchased Harris Regional Hospital, Swain County Hospital, and WestCare Medical Park. Duke LifePoint will invest a minimum of $43M in capital improvements over the next eight years and provide new resources to help the system grow, recruit new physicians, enhance services and improve health care delivery throughout the region. WestCare’s hospitals now have access to Duke University Health System’s top-ranked patient safety, quality and education programs and LifePoint’s financial and operational resources and expertise. WestCare will be governed by a regional board of trustees comprised of members of WestCare’s communities, local physicians and representatives from Duke LifePoint. Duke LifePoint Healthcare, is a joint venture of Duke University Health System and LifePoint Hospitals.
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September 22, 2014
08:30 EDTLPNTHospital price targets raised at SunTrust
SunTrust increased its price targets on companies in the hospital space, citing encouraging volume trends shown in a survey. SunTrust raised its price target on Community Health (CYH) to $66 from $55, on HCA Holdings (HCA) to $83 from $75, on LifePoint Hospitals (LPNT) to $80 from $76 and on Tenet (THC) to $68 from $58. SunTrust keeps Buy ratings on Community Health and HCA Holdings, and Neutral ratings on LifePoint and Tenet. It remains upbeat on the sector overall.
September 18, 2014
06:46 EDTLPNTFTC challenging hospital mergers, NY Times reports
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September 12, 2014
10:00 EDTLPNTOn The Fly: Analyst Initiation Summary
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06:23 EDTLPNTLifePoint Hospitals initiated with a Market Perform at Leerink
Target $85.
September 9, 2014
12:14 EDTLPNTHospitals rise after analyst says positive trends continuing
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07:37 EDTLPNTDeutsche Bank ups price targets in Hospital space
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