Health Care Facilities

Community Health Systems, Inc. (NYSE: CYH) announced today that its subsidiary has executed a definitive agreement to acquire substantially all of the assets of Moses Taylor Health Care System, located in northeast Pennsylvania. The system includes 217-bed Moses Taylor Hospital in Scranton and 25-...

Morgan Keegan is maintaining its Market Perform rating and its $26 price target on VCA Antech (NASDAQ: WOOF) in advance of the company's quarterly earnings, to be released next Thursday. According to Morgan Keegan, “Our concern with VCA Antech is that we have found its same-store growth to be...

This is your Benzinga news summary and traders' outlook for Tuesday, July 19, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher after several blue-chip companies reported positive quarterly...

Bank of America has upgraded VCA Antech (NASDAQ: WOOF) from Underperform to Buy and has raised the price objective from $18 to $28.

Piper Jaffray has issued a report maintaining a Neutral Rating on VCA Tech (NASDAQ: WOOF). According to the report, "Our recently completed proprietary survey of 201 veterinary clinics suggests that industry growth remains tempered in the low single digit range, though survey respondents expect a...

Piper Jaffray has issued a report maintaining a Neutral Rating on VCA Tech (NASDAQ: WOOF). According to the report, "Our recently completed proprietary survey of 201 veterinary clinics suggests that industry growth remains tempered in the low single digit range, though survey respondents expect a...

Jefferies & Company has downgraded VCA Antech (NASDAQ: WOOF) from Hold to Underperform and has lowered the price target from $26 to $17.50.

Jefferies & Company has downgraded the following companies: Quest Diagnostics (NYSE: DGX) Buy to Hold, PT from $67.00 to $64.00 RadNet, Inc. (NASDAQ: RDNT) Buy to Hold, PT from $5.00 to $4.50 Skilled Healthcare Group (NYSE: SKH) Buy to Hold, PT from $16.00 to $10.00 Sun Healthcare Group (...

Jefferies & Company has downgraded Kindred Healthcare (NYSE: KND) from Buy to Hold and has lowered the price target from $30 to $20.

Jefferies provided color on the health care facilities sector. In a research report published today, Jefferies stressed it believes the sector's stock will remain volatile as uncertainties remain over the cuts in Medicare and Medicaid. In the report, Jefferies states, “We expect the healthcare...

As most of us already know, "cash is the lifeblood of any business". Without cash, survival is difficult - if not impossible. Again, this may sound obvious, but it is a simple fact that companies go out of business every day because of a lack of cash flow. A company can go on for years in the red...

As most of us already know, "cash is the lifeblood of any business". Without cash, survival is difficult - if not impossible. Again, this may sound obvious, but it is a simple fact that companies go out of business every day because of a lack of cash flow. A company can go on for years in the red...

Below are the top mid-cap hospitals stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Universal Health Services Inc (NYSE: UHS) for the next year ending December, 2012 is $4.49 per share. UHS' PEG ratio is 1.02. Community Health Systems...

U.S. Physical Therapy (Nasdaq: USPH) announced today that it has increased the commitment amount of its revolving credit agreement to $75,000,000 from $50,000,000. The loan facility is provided by Bank of America and matures in August, 2015. Funds from the credit agreement may be used for working...

SunLink Health Systems Inc (AMEX: SSY) dipped 17.28% to $1.58 at 9:52 am. SSY promoted Jesus F. Ruiz to the position of Assistant Vice President and Chief Compliance Officer. Trex Company Inc (NYSE: TREX) fell 16.19% to $20.08. TREX lowered Q2 revenue projections. Wolverine World Wide Inc (NYSE:...