New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 5, 2014
13:25 EDTHCA, CYH, LPNT, THCTenet advances after reporting beat and raise results
Shares of hospital chain Tenet (THC) are climbing after the company reported stronger than expected second quarter results and raised its guidance. WHAT'S NEW: Tenet reported Q2 earnings per share from continuing operations of 17c, versus analysts' consensus estimate of 1c. The company's revenue was slightly higher than expected. Tenet raised its 2014 earnings before interest taxes depreciation and amortization guidance to $1.85B-$1.95B from $1.8B-$1.9B. The company's same-hospital pro forma admissions rose 2.8% versus the same period a year earlier. "Our success at capturing incremental market share through strategic investments, service line expansion, and successfully positioning Tenet's hospitals to benefit from key aspects of the Affordable Care Act all contributed to a great quarter," said Tenet CEO Trevor Fetter. ANALYST REACTION: In a note to investors today, Mizuho analyst Ann Hynes wrote that the company's newly raised EBITDA guidance is likely conservative, as its earnings could be boosted by health reform, integration of companies it previously acquired and growth in its outpatient and healthcare services business. She raised her price target on the shares to $64 from $59 and kept a Buy rating on the stock. PRICE ACTION: In mid-afternoon trading, Tenet climbed 4.5% to $56. Other hospital operators also advanced, with Community Health (CYH) gaining 1% to $48, HCA Holdings (HCA) rising 2% to $67, and LifePoint Hospitals (LPNT) gaining 2% to $72.
News For THC;CYH;HCA;LPNT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
June 25, 2015
11:06 EDTLPNT, CYH, THC, HCAHospitals, insurers climb after Supreme Court rules on ACA subsidies
Subscribe for More Information
10:39 EDTLPNT, CYH, HCA, THCUniversal Health, HCA have most potential upside after ACA ruling, says Leerink
Subscribe for More Information
10:36 EDTCYHCommunity Health volatility up on Obamacare upheld by U.S. Supreme Court
Subscribe for More Information
10:18 EDTHCAHCA Holdings volatility up on Obamacare subsidies upheld by U.S. Supreme Court
Subscribe for More Information
10:14 EDTTHCTenet volatility up on Obamacare subsidies upheld by U.S. Supreme Court
Subscribe for More Information
10:14 EDTCYH, THC, LPNT, HCAHospital stocks jump after Supreme Court upholds 'Obamacare' subsidies
Subscribe for More Information
10:11 EDTTHC, CYH, HCA, LPNTACA tax subsidies upheld by Supreme Court
The decision of the Fourth Circuit was affirmed in King v. Burwell by a vote of 6 to 3, according to multiple media reports. The Supreme Court upholding the lower court ruling means that individuals who get health insurance through an exchange established by the federal government will be eligible for tax subsidies in all 50 states. Publicly traded companies in the health insurance space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Publicly traded companies in the hospital space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).
June 24, 2015
09:17 EDTHCAHCA Holdings price target raised to $95 from $85 at Leerink
Subscribe for More Information
05:57 EDTTHCStocks with implied volatility above IV index mean; XOMA THC
Stocks with implied volatility above IV index mean; XOMA (XOMA) 169, Tenet (THC) 51 according to iVolatility.
June 22, 2015
06:37 EDTHCA, LPNT, THC, CYHHealth insurers may change policies based on King v. Burwell ruling, NYT says
Subscribe for More Information
05:59 EDTTHCStocks with implied volatility above IV index mean; THC NBG
Stocks with implied volatility above IV index mean; Tenet (THC) 56, National Bank of Greece (NBG) 213 according to iVolatility.
June 21, 2015
13:51 EDTHCAShares of HCA Holdings could see 20% upside in two years, Barron's says
Subscribe for More Information
June 19, 2015
10:09 EDTTHC, CYH, HCA, LPNTFly Watch: Supreme Court may release key ACA decision soon
Subscribe for More Information
09:29 EDTLPNTLifePoint management to meet with Deutsche Bank
Subscribe for More Information
08:04 EDTCYHCommunity Health could see 50% upside in 18 months, says Susquehanna
Subscribe for More Information
07:37 EDTHCA, CYH, LPNT, THCSupreme Court decision on ACA suit due soon, says UBS
Subscribe for More Information
05:55 EDTTHCStocks with implied volatility above IV index mean; THC CAG
Subscribe for More Information
June 18, 2015
07:53 EDTLPNTLifePoint management to meet with Deutsche Bank
Subscribe for More Information
07:38 EDTHCA, CYHLeerink to hold a roundtable
Subscribe for More Information
June 17, 2015
09:34 EDTCYHCommunity Health management to meet with Deutsche Bank
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

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