-
Morning Market Losers
Monday, August 1, 2011 - 8:54am | 104Sun 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 Sees No Meaningful Medicare Revenue Impact From CMS 2012 Rate Changes
Monday, August 1, 2011 - 7:33am | 67AdCare 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...
-
Healthcare Providers Trading Down in Pre-Market
Monday, August 1, 2011 - 7:21am | 125Some 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...
-
Benzinga's Top Downgrades
Monday, August 1, 2011 - 6:57am | 102Skilled 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 “...
-
News Summary for August 1, 2011
Monday, August 1, 2011 - 6:47am | 559This is your Benzinga news summary and traders' outlook for Monday, August 1, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher and the U.S. Dollar lower after Republican and Democratic leaders in...
-
Morgan Stanley Overweight On RadNet
Monday, August 1, 2011 - 6:33am | 104Morgan Keegan is out with a research report on RadNet, Inc. (NASDAQ: RDNT) and it has an Outperform rating and a $5.15 price target on shares. In a note to clients, Morgan Keegan writes, "Our EPS estimate of $0.05 is $0.01 below the First Call consensus and up from $0.02 in the prior year period....
-
Deutsche Bank Updates 8/1
Monday, August 1, 2011 - 6:33am | 927Deutsche Bank made a number of updates in a research report published today. American Axle & Manufacturing (NYSE: AXL) had its rating reiterated at Hold. On Friday, AXL added 8.82% to its value to finish the week at $11.47. Tenneco (NYSE: TEN) had its rating reiterated at...
-
UPDATE: Morgan Keegan Downgrades Skilled Healthcare Group to Market Perform
Monday, August 1, 2011 - 6:30am | 107Morgan Keegan is out with its report today on Skilled Healthcare Group (NYSE: SKH), downgrading SKH from Outperform to Market Perform. In its report, Morgan Keegan writes, "We believe that Skilled Healthcare Group can grow earnings by providing high-acuity medically complex services to short-stay...
-
UPDATE: Morgan Keegan Downgrades Sun Healthcare Group to Market Perform
Monday, August 1, 2011 - 6:25am | 84Morgan Keegan is out with its report today on Sun Healthcare Group (NASDAQ: SUNH), downgrading SUNH from Outperform to Market Perform. In its report, Morgan Keegan writes, "We are lowering our rating on Sun Healthcare Group from Outperform to Market Perform following Friday's news that fiscal (...
-
Morgan Keegan Downgrades Skilled Healthcare Group To Market Perform, Lowers PT To $6.75
Monday, August 1, 2011 - 5:01am | 30Morgan Keegan has downgraded Skilled Healthcare Group (NYSE: SKH) from Outperform to Market Perform and has lowered the price target from $14 to $6.75.
-
Morgan Keegan Downgrades Sun Healthcare Group To Market Perform, Lowers PT To $4
Monday, August 1, 2011 - 4:59am | 30Morgan Keegan has downgraded Sun Healthcare Group (NASDAQ: SUNH) from Outperform to Market Perform and has lowered the price target from $11 to $4.
-
Sun Healthcare Downgraded by Credit Suisse First Boston to Neutral, $4 PT
Sunday, July 31, 2011 - 7:08pm | 30The downgrade of Sun Healthcare (NASDAQ: SUNH) is also noted by this @markflowchattertweet.
-
Bank of America Gives Color to HealthSouth Outlook
Friday, July 29, 2011 - 9:00am | 157Bank of America has published a report on HealthSouth (NYSE: HLS) reiterating the position on the healthcare service provider. In the report, Bank of America wrote, "Adjusted EPS of $0.32 was $0.04 above our est/$0.05 above consensus on lower taxes. Meanwhile, adjusted EBITDA of $115m was only $1m...
-
UPDATE: Stifel Nicolaus Lowers PT on Five Star Quality Care to $6.50
Friday, July 29, 2011 - 8:58am | 108Stifel Nicolaus is out with its report today on Five Star Quality Care (NYSE: FVE), lowering its PT from $7 to $6.50. In a note to clients, Stifel Nicolaus writes, "We continue to see upside from FVE's current $5.02 share price but are lowering our target from $7 to $6.50 based on reduced...
-
Pre-Market Gainers
Friday, July 29, 2011 - 8:28am | 71Cadence Design Systems (NASDAQ: CDNS) +6.27% on upbeat earnings. Community Health Systems (NYSE: CYH) +6.15% on upbeat earnigs. Gulfport Energy (NASDAQ: GPOR) +4.30% after CK Cooper reiterated Buy and PT of $38. Newell Rubbermaid (NYSE: NWL) +5.43 on upbeat earnigns.