-
Morgan Keegan Lowers PT On Brookedale Senior Living To $30
Wednesday, August 3, 2011 - 4:55am | 28Morgan Keegan has lowered the price target on Brookdale Senior Living (NYSE: BKD) from $31 to $30 and maintains its Outperform rating.
-
Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
-
Puts Purchased on Tenet Healthcare
Tuesday, August 2, 2011 - 10:30am | 120Shares of Tenet Healthcare (NYSE: THC) are lower on the session by 4.23%, currently trading at $5.21. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...
-
Morgan Keegan Maintains Market Perform Sun Healthcare Group
Tuesday, August 2, 2011 - 8:42am | 90Morgan Keegan is out with its report today on Sun Healthcare Group (NASDAQ: SUNH), maintaining Market Perform. In its report, Morgan Keegan writes, "We believe that Sun can continue to improve its revenues and margins by focusing on high-acuity short-stay patients, augmented by selective...
-
Earnings Roundup
Tuesday, August 2, 2011 - 8:30am | 1919Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...
-
Skilled Healthcare Announces Conclusion of Strategic Alternatives Exploration; Believes It is Well Positioned for the Future
Tuesday, August 2, 2011 - 8:14am | 132Skilled Healthcare Group, Inc. (NYSE: SKH) today announced that its Board of Directors has determined to conclude the Company's previously-announced exploration of strategic alternatives, including a potential sale of the Company's real estate assets or the whole company. This decision was made...
-
Jefferies Maintains Hold Rating On Skilled Healthcare Group
Tuesday, August 2, 2011 - 7:43am | 75According to Jefferies, Skilled Healthcare Group (NYSE: SKH) earnings visibility has been compromised by CMS's recently announced FY12 skilled nursing facility rate cut of 11.1%. Jefferies said that while management's Q2 earnings call today could provide incremental perspective, we expect the...
-
Jefferies Reiterates Buy Rating On Hanger Orthopedic
Tuesday, August 2, 2011 - 7:40am | 93According to Jefferies, Hanger Orthopedic (NYSE: HGR) Buy rating is reiterated. Jefferies said that, while concerns regarding the impact of the debt ceiling bill on Medicare reimbursement for H/C providers understandably pressured H/C services names yesterday, the sell-off in HGR -- which was...
-
UPDATE: Tenet Healthcare Reports In-line Q2 Earnings
Tuesday, August 2, 2011 - 7:27am | 75Tenet Healthcare Corp (NYSE: THC) reported a rise in its second-quarter earnings. Tenet Healthcare's quarterly earnings surged to $55 million, or $0.11 per share, from $25 million, or $0.05 per share, in the year-ago quarter. Its total operating revenue rose 3% y/y to $2.4 billion. On a...
-
Update: Jefferies Slashes Price Target On Sun Healthcare Group
Tuesday, August 2, 2011 - 7:10am | 114Jefferies & Co. is out with a research report on Sun Healthcare Group (NASDAQ: SUNH) and it slashed the price target to $3.50 from $9, and it has a Hold rating on shares. In a note to clients, Jefferies & Co. writes, "Despite solid Q2 results, SUNH's earnings visibility has deteriorated...
-
Morgan Keegan Reiterates Market Perform on Skilled Healthcare Group
Tuesday, August 2, 2011 - 6:18am | 68Morgan Keegan reiterated its Market Perform rating on Skilled Healthcare Group (NYSE: SKH). At the moment, the rating agency has a price target of $6.75 placed on the company's stock. On Monday, SKH had a disastrous day as its shares lost 42.5% of its value to finish the day at $5.15. Its shares...
-
Jefferies Lowers PT On Hanger Orthopedic To $28
Tuesday, August 2, 2011 - 6:16am | 27Jefferies & Company has lowered the price target on Hanger Orthopedic (NYSE: HGR) from $31 to $28 and maintains its Buy rating.
-
JP Morgan Lowers PT On Skilled Healthcare To $6
Tuesday, August 2, 2011 - 6:15am | 28JP Morgan has lowered the price target on Skilled Healthcare Group (NYSE: SKH) from $10 to $6 and maintains its Hold rating.
-
Jefferies Lowers PT On Sun Healthcare Group To $3.50
Tuesday, August 2, 2011 - 5:14am | 28Jefferies & Company has lowered the price target on Sun Healthcare Group (NASDAQ: SUNH) from $9 to $3.50 and maintains its Hold rating.
-
Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...