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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:51 EDTTHCTenet out-year growth remains compelling, says RW Baird
Baird believes the out year growth for Tenet remains compelling citing conservative reform assumptions, Vanguard's assets are tethered well to MDCD expansion, and any surprises on the ACA rollout will lead to positive sentiment to the hospital sector. Shares remain Outperform rated but price target lowered to $53 from $58.
News For THC From The Last 14 Days
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February 24, 2015
11:26 EDTTHCTenet rises over 3% after reporting Q4 results, backing FY15 outlook
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February 23, 2015
19:40 EDTTHCLeerink healthcare services analyst holds an analyst/industry conference call
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15:23 EDTTHCNotable companies reporting after market close
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February 17, 2015
06:47 EDTTHCJudge halts illegal immigrant amnesty plan, NY Times says
A federal judge ordered the Obama administration to stop implementing its plan to prevent up to 5M illegal immigrants from being deported, according to The New York Times. The judge, who ruled that the government had failed to adhere to certain administrative rules in carrying out the president's executive actions on immigration, ordered the programs halted until he makes a final decision on the case, the newspaper explained. A number of analysts have said that the amnesty plan will hurt hospitals, since illegal immigrants who are granted legal status by the orders will not be able to obtain health insurance but will become more likely to seek treatment from hospitals. Publicly traded companies in the space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).Reference Link

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