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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:09 EDTTHCTenet volatility elevated at 41 into Q4
Tenet March call option implied volatility is at 41, May is at 37, August is at 35; compared to its 26-week average of 36 according to Track Data, suggesting large near term price movement into the expected release of Q4 results today after the market close.
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August 29, 2014
08:20 EDTTHCCommunity Health to beneift from Pennsylvania Medicaid expansion, saysBofA/Merrill
Yesterday, Pennsylvania announced an expansion of Medicaid. BofA/Merrill has not changed estimates but said the news makes estimates for 2015 look too low. The analyst said Community Health (CYH) has the largest exposure to Pennsylvania with approximately 10% of beds in the state, following by Tenet (THC) with 3% of beds in the state, and LifePoint Hospitals (LPNT) will have 6% of the beds in the state when the Conemaugh deal is finalized.
August 25, 2014
10:54 EDTTHCHigh option volume stocks
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