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Stock Market & Financial Investment News

News Breaks
August 5, 2014
12:37 EDTTHCTenet price target raised to $64, guidance conservative, says Mizuho
Mizuho raised Tenet's price target to $64 from $59 following the Q2 beat and said guidance is likely conservative. The firm reiterates its buy rating based on solid earnings visibility, health reform earnings upside, M&A, and Confier business and outpatient growth. Shares are Buy rated.
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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