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Skilled Healthcare to Acquire Leading New Mexico Home Health Care Agency
Tuesday, June 21, 2011 - 3:08pm | 233Skilled Healthcare Group, Inc. (NYSE: SKH) today announced that one of its subsidiaries has agreed to acquire Altura Homecare & Rehab, a leading home health care agency serving the Albuquerque, New Mexico market. Altura, which began operations in 2006, has contracts with key insurance and...
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Options Brief: Universal Health Services
Thursday, June 16, 2011 - 9:48am | 78Shares of Universal Health Services, Inc. (NYSE: UHS) are higher on the session by 0.50%, trading at $52.13. Overall put volume is now running at 7.70x the daily average, with 2% of all puts traded being purchases on the offer. 1,001 contracts have traded on the session so far. Universal Health...
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Options Brief: Kindred Healthcare, Inc.
Wednesday, June 15, 2011 - 12:12pm | 83Shares of Kindred Healthcare, Inc. (NYSE: KND) are lower on the session by 1.29%, trading at $22.12. Overall call volume is now running at 22.48x the daily average, with 24% of all calls traded being purchases on the offer. 1,214 contracts have traded on the session so far. Kindred Healthcare,...
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Stifel Nicolaus Reaffirms Buy on Sunrise Senior Living
Wednesday, June 15, 2011 - 8:29am | 95Stifel Nicolaus is out with its report today on Sunrise Senior Living (NYSE: SRZ), reaffirming Buy. In a note to clients, Stifel Nicolaus writes, "Although cautioning that senior housing may be a lagging indicator, management indicated occupancy trends for Sunrise have held up well and Sunrise...
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Deutsche Bank Reiterates Buy On LPNT
Wednesday, June 15, 2011 - 6:56am | 152Deutsche Bank is reiterating its Buy rating on LifePoint Hospitals (NASDAQ: LPNT) as the company's development strategy is picking up steam. In its report, Deutsche Bank writes, “Since the Duke JV was annc'd in Jan. 2011, LPNT has made notable progress in North Carolina w/3 annc'd deals and, in...
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Deutsche Bank Updates 6/15
Wednesday, June 15, 2011 - 6:40am | 565Deutsche Bank provided updates a number of companies in a research report published today. Dana Corporation (NYSE: DAN) had its rating maintained at Buy and its price target was left unchanged at $22 after a meeting with the company's management. In the report, Deutsche Bank states, "Dana...
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Support Held - Harami Confirmed 06-14-2011
Tuesday, June 14, 2011 - 5:55pm | 948Cusick's Corner Support held. The Harami that formed on yesterday's close was confirmed and the market turned up. (You can get more info about the Harami pattern on the Educate Center > Stocks > Level 2 > Bullish Candlesticks.) Will the bullishness last? As I said earlier, shorts are getting...
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Options Brief: Five Star Quality Care, Inc.
Tuesday, June 14, 2011 - 12:57pm | 74Shares of Five Star Quality Care, Inc. (NYSE: FVE) are lower on the session by 4.57%, trading at $5.43. Overall put volume is now running at 33.00x the daily average, with 60% of all puts traded being purchases on the offer. 1,617 contracts have traded on the session so far. Five Star Quality...
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Stocks to Watch for 6/14/11: Fresh 52-Week Highs and Lows
Tuesday, June 14, 2011 - 3:15am | 2234The following stocks hit new 52-week highs in Monday's trading session: 1) Greif (NYSE: GEF): Shares of Greif hit a 52-week high of $67.36 in Monday's trading session. The stock closed at $67.04. The year-to-date performance of Greif has been a gain of 9%. 2) Raptor Pharmaceutical (NASDAQ: RPTP...
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Dollar Strength Dips the Market 06-10-2011
Monday, June 13, 2011 - 2:05pm | 938Cusick's Corner This is one of those moments where one side of the market gets to sit back and think things are fat and happy - dollar up, metals and market down. This is a moment, one to respect, and now the "whys" start to pop up, .i.e. the market is down because of bad data/weak sectors like...
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Big Name Health Care Stocks Plunging
Friday, June 10, 2011 - 2:48pm | 288The Health Care Sector is one of the worst performing areas of the market in today's session, currently down 1.3%. Some of the worst performing Health Care stocks right now are: 1) Pfizer (NYSE: PFE): Shares of Pfizer are currently trading down 2.9% from yesterday's close to $20.16. The stock has...
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Five Star Quality Care Falling over 11%
Thursday, June 9, 2011 - 8:52am | 78Five Star Quality Care (NYSE: FVE) today announced that it commenced a public offering of 10,000,000 common shares. FVE expects to use the proceeds of this offering for general business purposes, including repaying its outstanding bridge loan and for funding in part the cash purchase price of...
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Morgan Keegan Comments on Emeritus Management Meetings
Thursday, June 9, 2011 - 7:03am | 106Morgan Keegan recently hosted meetings between Emeritus Corp. (NYSE: ESC) management and institutional investors. “Our takeaway from our meetings is that the company remains on track to meet our expectation of modest occupancy and rate improvement, leading to steady CFFO growth,” Morgan Keegan...
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Five Star Quality Care Announces Proposed Public Offering of 10M Common Shares
Wednesday, June 8, 2011 - 3:06pm | 88Five Star Quality Care, Inc. (NYSE: FVE) today announced that it commenced a public offering of 10,000,000 common shares. FVE expects to use the proceeds of this offering for general business purposes, including repaying its outstanding bridge loan and for funding in part the cash purchase price of...
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Top 4 Small-Cap Stocks In The Medical Instruments & Supplies Industry With The Lowest PEG Ratio
Wednesday, June 8, 2011 - 12:41am | 121Below are the top small-cap medical instruments & supplies stocks on the NYSE and the NASDAQ in terms of PEG ratio China Medical Technologies Inc (NASDAQ: CMED) has a PEG ratio of 0.31. CMED's trailing-twelve-month operating margin is 25.73%. Kensey Nash Corporation (NASDAQ: KNSY) has a PEG...