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Stock Market & Financial Investment News

News Breaks
December 28, 2012
05:06 EDTNHI, NHCNational Healthcare purchases six health care centers from National Health Investors
National Healthcare (NHC) announced the purchase of six skilled health care centers from National Health Investors (NHI). The six centers, which are located in Columbia, Knoxville and Springfield, Tennessee, Madisonville, Kentucky and Rossville, Georgia, have been leased by NHC since 1991 and have a total of 650 beds. The purchase price is $21M and the transaction will close on December 31, 2013. In addition, the company also announced the extension of a master lease with NHI through December 31, 2026 for 38 skilled health care centers and three independent living centers. With the purchase of the six previously leased centers mentioned above, NHC's lease payment will decrease by $2.95M beginning in 2014.
News For NHC;NHI From The Last 14 Days
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February 18, 2015
07:19 EDTNHINational Health Investors should be bought on weakness, says Stifel
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February 17, 2015
05:29 EDTNHINational Health Investors sees FY15 FFO $4.52-$4.58, consensus $4.60
Sees FY15 adjusted FFO $4.00-$4.04. The company’s guidance range reflects the existence of volatile economic conditions, but does not assume any material deterioration in tenant credit quality and/or performance of its portfolio. The company does not include an estimate of investment volume in its guidance range.
05:28 EDTNHINational Health Investors reports Q4 FFO $1.06, consensus $1.06
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05:27 EDTNHINational Health Investors board increases quarterly dividend by 10.4%
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