Health Care Facilities

Archer 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 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...

According 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...

According 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...

Tenet 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...

Jefferies & 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 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 & Company has lowered the price target on Hanger Orthopedic (NYSE: HGR) from $31 to $28 and maintains its Buy rating.

JP Morgan has lowered the price target on Skilled Healthcare Group (NYSE: SKH) from $10 to $6 and maintains its Hold rating.

Jefferies & Company has lowered the price target on Sun Healthcare Group (NASDAQ: SUNH) from $9 to $3.50 and maintains its Hold rating.

Stocks 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...

Sun Healthcare Group Inc (NASDAQ: SUNH) fell 55.00% to $3.15 at 9:50 am. Analysts at Oppenheimer downgraded Sun Healthcare Group from “outperform” to “underperform.” Skilled Healthcare Group Inc (NYSE: SKH) shares lost 37.95% to $5.46. Analysts at Morgan Keegan downgraded SKH from "outperform" to...

AdCare Health Systems, Inc. (NYSE: ADK) has determined that after reviewing the final rule on Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities for FY2012 as issued by The Centers for Medicare & Medicaid Services on July 29, 2011, it will not be meaningful to...

Some Healthcare providers are trading down in the pre-market today, after the U.S. cut its reimbursement policy for skilled nursing services. From the press-release: The Centers for Medicare & Medicaid Services today announced a final rule reducing Medicare skilled nursing facility Prospective...

Skilled Healthcare Group Inc (NYSE: SKH) was downgraded by Morgan Keegan from "outperform" to "market perform." SKH's shares closed at $8.80 on Friday. Skilled Healthcare's trailing-twelve-month ROE is 0.67%. Oppenheimer downgraded Sun Healthcare Group Inc (NASDAQ: SUNH) from “outperform” to “...