Health Care Facilities

I've closed out Radnet (RDNT) at $4.36 today off of a bounce of the 50-day moving average for a 4.3% gain, and have also added MoneyGram Int'l (MGI) at 3.81, S1 Corp (SONE) at $7.45, and Zales (ZLC) at $6.54. So far so good, though I just got into the MGI trade. All of the remaining three trades...

AdCare Health Systems, Inc. (NYSE: ADK) has appointed Martin D. Brew as chief financial officer effective as of the company's annual shareholder meeting today, Friday, June 3, 2011. Brew succeeds Scott Cunningham, who will be departing AdCare at the end of June to pursue other interests.

Health Management Associates, Inc. (NYSE: HMA) today announced the appointment of Pascal J. Goldschmidt, M.D. to its Board of Directors. This appointment increases the number of board members from nine to ten.

According to Bank of America, Kindred Healthcare (NYSE: KND) announced that it has completed its previously announced acquisition of RehabCare. Bank of America said that it is raising its 2011/12/13 ests to $2.16/$2.82/$3.18 from $1.84/$1.88/$2.07 to reflect the RHB acquisition. “Not only is the...

Citigroup commented on HCP (NYSE: HCP) in a report released today. In the report, Citigroup was mixed in its assessment of the company. Citigroup writes, " HCP's first RIDEA transaction appears positive done in conjunction with Brookdale Senior Living's (BKD) acquisition of Horizon Bay. There...

According to a recent report, Jefferies has reiterated a Buy rating and $30.00 price target on Kindred Healthcare (NYSE: KND) after the company announced the completion of the RehabCare acquisition yesterday. In the report, Jefferies said, "In our view, the combination of these two companies is...

Jefferies is out with its report today on U.S. Physical Therapy (NASDAQ: USPH), reiterating Buy. In a note to clients, Jefferies writes, "Yesterday's pullback in USPH, in our view, was driven by concerns regarding the impact of a 30% cut in workers' comp rates in Illinois that was finalized on...

Morgan Keegan is out with its report today on Brookdale Senior Living (NYSE: BKD), lowering its PT from $34 to $31. In a note to clients, Morgan Keegan writes, "Because of the near-term operational softness, we are trimming our target P/CFFO multiple from 16x to 15x. Combined with lower forward...

Morgan Keegan has lowered the price target on Brookedale Senior Living (NYSE: BKD) from $34 to $31 and maintains its Outperform rating.

Brookdale Senior Living Inc. (NYSE: BKD) today announced that it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Bay Realty, L.L.C., the ninth largest operator of senior living communities in the United States. Upon completion of the Horizon Bay...

Dyer & Berens today announced that it has filed a class action lawsuit in the United States District Court for the Middle District of Tennessee on behalf of investors who purchased or otherwise acquired Community Health Systems, Inc. (NYSE: CYH) common stock between July 27, 2006 and April 11,...

Jefferies reiterated Buy on HealthSouth Corporation (NYSE: HLS). At the same time, Jefferies raised its price target to $33 from $30. In a research report published today, Jefferies states, "We think HLS remains a compelling investment supported by favorable demographic trends, non-discretionary...

Jefferies & Company has raised the price target on HealthSouth Corporation (NYSE: HLS) from $30 to $33 and maintains its Buy rating.

Goldman Sachs is out with its report today on Brookdale Senior Living (NYSE: BKD), raising its PT from $28 to $30. In a note to clients, Goldman Sachs writes, "Incremental positives for senior housing operator Brookdale Senior Living: (1) Timing – BKD has recently sold off 15% based on a potential...

Goldman Sachs is raising its PT on shares of Brookdale Senior Living Inc. (NYSE: BKD) from $28 to $30.