-
Morgan Keegan Raises PT On RadNet To $5.15
Monday, May 16, 2011 - 7:52am | 27Morgan Keegan has raised the price target on RadNet, Inc. (NASDAQ: RDNT) from $4.30 to $5.15 and maintains its Outperform rating.
-
Kindred Healthcare Reports Senior Notes Offering Up to $550M (KND, RHB)
Monday, May 16, 2011 - 6:06am | 140Kindred Healthcare(NYSE: KND) today announced that it is planning to issue an aggregate principal amount of up to $550 million of senior notes due 2019 to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended and to certain non-United States...
-
Is Select Medical Holdings (SEM) stocks worth buying right now?
Monday, May 16, 2011 - 5:40am | 1350Over the past 12 months Select Medical Holdings Corporation (SEM), specialty hospitals and outpatient rehabilitation clinics operator, has made $103.7 million cash with net income of $87.1 million, it turned 4.1% of its revenue into FCF. Select Medical is trading at a price of $9.00, a dramatic...
-
PHC's Seven Hills Behavioral Institute Increases License Capacity
Thursday, May 12, 2011 - 9:22am | 70PHC, Inc., d/b/a Pioneer Behavioral Health (NYSE: PHC) today announced that its Seven Hills Behavioral Institute in Henderson, Nev., has been approved to increase its license from 53 to 58 beds; a 9% increase, which is expected to add over $1.0 million annually to Pioneer's revenues. The license...
-
Morning Market Movers (TISA, SSY, ROVI, ASUR)
Wednesday, May 11, 2011 - 8:50am | 118Top Image Systems Ltd (NASDAQ: TISA) jumped 49.62% to $2.0050 at 9:45 am. TISA reported a 167% y/y jump in its Q1 net income. SunLink Health Systems Inc (AMEX: SSY) shares advanced 32.59% to $2.97. SunLink reported its FQ3 net earnings at $2,683,000, up from $1,646,000, in the year-ago quarter....
-
HealthSouth Amends Credit Agreement and Updates Plan for Initial Call of 10.75% Senior Notes (HLS)
Wednesday, May 11, 2011 - 8:06am | 176HealthSouth Corporation (NYSE: HLS) today announced it has amended its credit agreement and added to it a $100 million term loan. The term loan maturing in 2016 will initially bear interest at a rate of LIBOR plus 2.50 percent. In addition, the current $500 million revolver maturity will be...
-
M&A and Strategic Actions 5.10.11
Tuesday, May 10, 2011 - 10:20am | 257By Dean M., of Hedge Fund Live - CYH – announced that it has withdrawn its offer to acquire all of the outstanding shares of common stock of Tenet Healthcare Corporation (NYSE: THC) for $7.25 per share in cash. CHS has also withdrawn its nominees for election to Tenet's Board of Directors at...
-
shares Price Target Changes on 5/10/11- RAX, ROSE, SLW, TC, THC, FE, FLR, HOGS, IILG, LQDT
Tuesday, May 10, 2011 - 9:33am | 1155Kaufman Brothers analysts raised their price target on shares of Rackspace Hosting Inc. (RAX) from $35.00 to $38.00. Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. RBC Capital analysts raised their price target on shares of Rosetta Resources Inc. (ROSE), an...
-
US Stock Futures Up After China Trade Surplus; All Eyes On Microsoft
Tuesday, May 10, 2011 - 5:38am | 567US stock futures are higher this morning, as China reported stronger-than-expected trade surplus. Microsoft Corp (NASDAQ: MSFT) is reportedly nearing a deal to purchase Internet phone company Skype Technologies. Futures on the Dow Jones Industrial Average gained 39 points to 12,670.00 and futures...
-
Earnings Scheduled For May 10 (DF, MCP, DIS, ACMR, MBI, MDR, WEN, ACAD, BLD, LIWA, AHCI, FRM, BKH, TAST, RDNT)
Tuesday, May 10, 2011 - 1:13am | 405Dean Foods Co (NYSE: DF) is projected to report its Q1 EPS at $0.06 on revenue of $3.07 billion. Molycorp Inc (NYSE: MCP) is estimated to post its Q1 EPS at $0.10 on revenue of $41.68 million. Walt Disney Company (NYSE: DIS) is projected to report its FQ2 EPS at $0.56 on revenue of $9.13...
-
NHC Announces Increases Dividend by 7.1% to $0.30
Monday, May 9, 2011 - 4:04pm | 48National HealthCare Corporation (NYSE: NHC) announced today the Board of Directors has declared a quarterly cash dividend of 30 cents per common share to shareholders of record June 30, 2011 and payable on September 1, 2011. This represents a 7.1% increase over last quarter's common dividend.
-
Brookdale Senior Living Reports Q1 EPS of $(0.10) vs. $(0.03) Estimate; Revenues $569.4M vs. $573.97M Estimate (BKD)
Monday, May 9, 2011 - 3:09pm | 24Brookdale Senior Living (NYSE: BKD) Reports Q1 EPS of $(0.10) vs. $(0.03) Estimate; Revenues $569.4M vs. $573.97M Estimate
-
Market Update- SRE, ISAT, THC, SYY, ONTY, TRMB, NVDA- Analysts Upgraded
Monday, May 9, 2011 - 8:57am | 1519Sempra Energy (NYSE:SRE) first-quarter profit rose to $258 million, or $1.07 a share, from $106 million. () is trading at a price of $1.69,a dramatic change of 0.06 with % change of 3.68 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in...
-
Tenet Healthcare Board Unanimously Rejects Unsolicited Proposal -Bloomberg (THC)
Monday, May 9, 2011 - 8:03am | 20Tenet Healthcare Corporation's (NYSE: THC) board unanimously rejects unsolicited proposal says Bloomberg.
-
Citigroup Reports on Health Management Associates (HMA)
Monday, May 9, 2011 - 7:24am | 137In a report released yesterday, Citigroup raised its price target on Health Management Associates (NYSE: HMA). Citi states, “We are publishing a new forward model through 2013 for HMA. There is no change to our previous 2011 and 2012 estimates, but we are slightly raising 2013 by 4c to reflect...