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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.
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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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