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JP Morgan Reiterates Neutral and PT of $28 on HealthSouth
Thursday, July 28, 2011 - 5:48am | 58JP Morgan reiterated its Neutral rating on HealthSouth (NYSE: HLS). At the same time, the rating agency left its price target on the company's stock unchanged at $28. On Wednesday, HLS lost 6.22% of its value to end the day at $23.37. Its shares rebounded in today's pre-market trading, rising 2.7%...
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 1:37am | 3403Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...
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Market Winners and Losers Over the Previous Hour of Trading
Wednesday, July 27, 2011 - 2:47pm | 173Winners: Harbin Electric (NASDAQ: HRBN) is trading up roughly 3.30%. Crown Media (NASDAQ: CRWN) is trading up roughly 2.90%. QEP Resources (NYSE: QEP) is trading up roughly 2.70%. Liz Claiborne (NYSE: LIZ) is trading up roughly 1.80%. Netspend Holdings (NASDAQ: NTSP) is trading up roughly 1%....
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Morgan Keegan Comments On Emeritus Q2 Earnings
Wednesday, July 27, 2011 - 6:27am | 123According to Morgan Keegan, Emeritus (NYSE: ESC) will report second quarter earnings after the close next Thursday, August 4, followed by a conference call at 5:00 PM EDT to discuss the results. Morgan Keegan said that its cash from facility operations (CFFO) estimate of $0.38 is $0.03 above the...
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 3:37am | 2249Stocks 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 Tuesday's trading session (listed from highest total volume to...
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Playing Chicken 07-26-2011
Tuesday, July 26, 2011 - 5:46pm | 1029Cusick's Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment...
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Calls Purchased on Kindred Healthcare
Tuesday, July 26, 2011 - 2:35pm | 119Shares of Kindred Healthcare (NYSE: KND) are higher on the session by 0.35%, currently trading at $19.90. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while...
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Puts Purchased on The Ensign Group
Tuesday, July 26, 2011 - 12:05pm | 134Shares of The Ensign Group (NASDAQ: ENSG) are higher on the session by 0.18%, currently trading at $28.35. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while...
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HealthSouth Amends Agreement to Sell Long-Term Acute Care Hospitals
Tuesday, July 26, 2011 - 8:20am | 197HealthSouth Corporation (NYSE: HLS) today announced it has entered into an amendment to the agreement dated May 17, 2011 to sell its long-term acute care hospitals to affiliates of LifeCare Holdings, Inc. The primary purpose of the amendment is to remove HealthSouth Hospital of Houston (HHH) from...
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Stocks to Watch for Tuesday 7/26/2011: Fresh 52 Week Highs and Lows
Tuesday, July 26, 2011 - 3:07am | 1751Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest):...
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Duke LifePoint Healthcare and Maria Parham Medical Center Sign Definitive Agreement
Monday, July 25, 2011 - 10:47am | 161Duke LifePoint Healthcare, a joint venture of Duke University Health System, Inc. and LifePoint Hospitals (Nasdaq: LPNT), and the board of directors of Maria Parham Medical Center today announced that they have signed a definitive agreement to jointly own and operate MPMC. The transaction is...
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Oppenheimer Reports On AMSG 2Q
Friday, July 22, 2011 - 6:37am | 82Oppenheimer has issued a report following the AmSurg Corporation (NASDAQ: AMSG) 2Q results. According to the report, "AmSurg reported 2Q11 EPS of $0.41, in line with our estimate and consensus. This includes $0.02 in transaction costs related to the pending acquisition of National Surgical Care (...
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Kindred Healthcare Announces Development of Inpatient Rehabilitation Hospitals
Wednesday, July 20, 2011 - 4:31pm | 56Kindred Healthcare (NYSE: KND) today announced plans for a new inpatient rehabilitation hospital (“IRH”) in Houston, Texas, and the replacement of an existing IRH in Austin, Texas. Once completed, these projects will expand Kindred's capacity to grow and provide a continuum of post-acute care in...
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Puts Purchased on Skilled Healthcare Group
Wednesday, July 20, 2011 - 12:33pm | 118Shares of Skilled Healthcare Group (NYSE: SKH) are lower on the session by 2.69%, currently trading at $9.05. The stock has been moving largely lower over the past four months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short...
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HCA Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Wednesday, July 20, 2011 - 10:35am | 405HCA (NYSE: HCA) unveils its next round of earnings this Monday, July 25, 2011. Here's Benzinga's essential guide to HCA's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 59 cents per share and...