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Jefferies Discusses Health Care Facilities
Tuesday, July 5, 2011 - 7:53am | 196Jefferies & Co. is out with a research report on health care facilities, and includes Five Star Quality Care, Inc. (NYSE: FVE) in the report. In the note, Jefferies writes, "In a letter dated June 24, 2011 to CMS Administrator Don Berwick, House Representatives Tom Latham (R-IA) and Richard...
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Morgan Keegan Has Outperform On Emeritus Corporation
Tuesday, July 5, 2011 - 7:36am | 121Morgan Keegan has an Outperform rating and a $29 price target on shares of Emeritus Corporation (NYSE: ESC). In a note to clients, Morgan Keegan writes, "In the near term, we continue to believe that the company remains on track to meet our expectation of modest occupancy and rate improvement,...
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Deutsche Bank Has Buy On Health Management Associates
Friday, July 1, 2011 - 1:35pm | 132Deutsche Bank has a Buy rating and a $13 price target on shares of Health Management Associates, Inc. (NYSE: HMA). In a note to clients, Deutsche Bank writes, "HMA annc'd a definitive agreement to acquire the $600M rev Mercy Health Partners, a 7-hospital (1,300+ bed) integrated health system based...
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Health Management To Acquire Tennessee Hospitals of Mercy Health Partners
Friday, July 1, 2011 - 6:53am | 81Health Management Associates Inc (NYSE: HMA) executed a definitive agreement to acquire the assets of Mercy Health Partners, which is a subsidiary of Catholic Health Partners Inc. Health Management will acquire or lease all seven of Mercy's hospitals for an estimated $525 million. The deal is...
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Puts Purchased on The Ensign Group
Thursday, June 30, 2011 - 1:13pm | 134Shares of The Ensign Group (NASDAQ: ENSG) are lower on the session by 1.97%, currently trading at $30.35. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while...
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Bank of America Merrill Lynch Maintains Neutral on HealthSouth
Thursday, June 30, 2011 - 8:56am | 101Bank of America Merrill Lynch is out with its report on HealthSouth (NYSE: HLS), maintaining Neutral. In a note to clients, Bank of America Merrill Lynch writes, "Our Neutral rating reflects our view that the slow down in core volume growth will be augmented by bed expansions, de novos and...
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Jefferies Reiterates Buy on HealthSouth
Thursday, June 30, 2011 - 7:56am | 106Jefferies is out with its report today on HealthSouth (NYSE: HLS), reiterating Buy. In a note to clients, Jefferies writes, "While news that one of HLS' LTCHs received a document subpoena from the HHS-OIG could provide some near-term pressure on shares, we note that issues such as this are a...
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Bank of America Merrill Lynch Maintains Buy on Community Health Systems
Wednesday, June 29, 2011 - 7:39am | 112Bank of America Merrill Lynch is out with its report today on Community Health Systems (NYSE: CYH), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "Our rating reflects our belief that the company is one of the few hospitals that is well positioned to grow without a...
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Community Health Systems Announces Agreement to Divest Two Oklahoma Hospitals
Tuesday, June 28, 2011 - 4:03pm | 92Community Health Systems, Inc. (NYSE: CYH) announced today that its subsidiaries have executed a definitive agreement to sell 180-bed SouthCrest Hospital in Tulsa, Oklahoma, 89-bed Claremore Regional Hospital in Claremore, Oklahoma, and other related healthcare assets affiliated with those...
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AdCare Health Systems Signs Agreement for 15 Skilled Nursing Centers Across South Carolina, North Carolina, Virginia, and Tennessee
Tuesday, June 28, 2011 - 8:44am | 253AdCare Health Systems (NYSE: ADK) has signed a definitive agreement to acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia, and Tennessee for $38.5 million. Two of the facilities are to be purchased, nine leased, and four managed by...
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UPDATE: Jefferies Initiates Five Star Quality Care at Buy
Monday, June 27, 2011 - 7:16am | 111Jefferies is out with its report today on Five Star Quality Care (NYSE: FVE), initiating FVE at Buy. In a note to clients, Jefferies writes, "We are initiating coverage of FVE with a Buy rating and $7.50 PT. We believe the company is well positioned to benefit from the favorable supply and demand...
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Jefferies Initiates Five Star Quality Care At Buy, $7.50 PT
Monday, June 27, 2011 - 6:03am | 27Jefferies & Company has initiated coverage on Five Star Quality Care (NYSE: FVE) with a Buy rating and $7.50 price target.
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UPDATE: Stifel Nicolaus Upgrades Five Star Quality Care to Buy
Thursday, June 23, 2011 - 9:11am | 123Stifel Nicolaus is out with its report today on Five Star Quality Care (NYSE: FVE), upgrading FVE to Buy. In a note to clients, Stifel Nicolaus writes, "FVE shares are down 39% from their 2011 intraday high of $8.95 reached on 4/6/11 versus down 3.6% for S&P 500. Sector-wide concerns about the...
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Stifel Nicolaus Upgrades FVE, LL To Buy
Thursday, June 23, 2011 - 8:19am | 43Stifel Nicolaus has upgraded the following companies: Five Star Quality Care (NYSE: FVE) from Hold to Buy, $7 PT Lumber Liquidators (NYSE: LL) from Hold to Buy, $31 PT
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Morning Market Losers
Wednesday, June 22, 2011 - 10:00am | 117FSI International Inc (NASDAQ: FSII) dipped 21.47% to $2.89 at 9:55 am. FSII's Q3 net income dropped to $4.1 million, from $5.9 million, in the year-ago period. First Federal Bancshares of Arkansas Inc (NASDAQ: FFBH) shares dropped 16.34% to $6.50. FFBH's trailing-twelve-month profit margin is -30...