Health Care Facilities

Jefferies & Company has lowered the price target on Sun Healthcare Group (NASDAQ: SUNH) from $17 to $15 and maintains its Buy rating.

Jefferies & Company has lowered the price target on Skilled Healthcare Group (NYSE: SKH) from $17 to $16 and maintains its Buy rating.

Skilled Healthcare Group (NYSE: SKH) Reports EPS of $0.34 vs. $0.30 Estimate; Revenues $222.6M vs. $217.7M Estimate

Sun Healthcare (NASDAQ: SUNH) Reports EPS of $0.33 vs. $0.33 Estimate; Revenues $483.9M vs. $485.88M Estimate

Tenet Healthcare Corp (NYSE: THC) released its results for the first quarter today. The company's quarterly profit declined to $73 million, or $0.14 per share, from $88 million, or $0.17 per share, in the year-ago period. The company's revenue rose to $2.51 billion from $2.34 billion. However,...

Tenet Healthcare (NYSE: THC) Reports Q1 EPS of $0.14 vs. $0.14 Estimate; Revenues $2.51B vs. $2.48B Estimate

US stock futures are lower this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and report on factory orders. Futures on the Dow Jones Industrial Average dipped 40 points to 12,724.00 and futures on the S&P 500 stock index fell 5.20 points to 1,352.50. Nasdaq 100 futures...

Health Management Associates, Inc. (NYSE: HMA) today announced that it has been chosen by Catholic Health Partners to negotiate exclusively toward a definitive agreement to acquire seven East Tennessee hospitals from its subsidiary, Mercy Health Partners - Tennessee. “We are very pleased to have...

J.P. Morgan is out with a research report on the Community Health Systems Inc (NYSE: CYH), Tenet Healthcare Corporation (NYSE: THC) deal. It has a Neutral rating on shares of Community Health Systems. In a note to investors, J.P. Morgan writes, "This morning, CYH raised its offer for THC to $7.25...

In a recent report published by J.P. Morgan, they are raising the EPS from $1.10 to $1.25 and Price Target from $26.00 to $28.00 on HealthSouth Corp (NYSE: HLS) following 1Q11 report. In the report, J.P. Morgan cites, “Revenue was above our view by $8mm (about 1.5%) as outpatient pricing came in...

Morgan Stanley is raising its PT on shares of Healthsouth Corporation (NYSE: HLS) from $28 to $30. Healthsouth Corporation currently trades at $25.63.

Shares of Tenet Healthcare Corp (NYSE: THC) fell about 4.4% after Community Health Systems Inc (NYSE: CYH) raised its all-cash offer to acquire all outstanding shares of common stock of THC to $7.25 per share from $6 per share. Shares of Loews Corp (NYSE: L) dropped about 3.2% after the company...

Tenet Healthcare Corporation (NYSE: THC) today confirmed that it has received a revised proposal from Community Health Systems, Inc. (NYSE: CYH) to acquire all of the outstanding shares of Tenet for $7.25 per share in cash.

Community Health Systems, Inc. (NYSE: CYH) announced today that its subsidiaries have acquired substantially all of the assets of Mercy Health Partners in Northeast Pennsylvania, a system of hospitals and other healthcare providers based in Scranton, Pennsylvania. The health system, acquired from...

Pre-open movers US stock futures are higher this morning, after President Barack Obama reported that Osama bin Laden, the leader of al Qaeda, was killed in a US operation in Pakistan. Futures on the Dow Jones Industrial Average gained 70 points to 12,826.00 and futures on the S&P 500 stock...