Health Care Facilities

Cusick's Corner Top terrorist taken out, market runs overnight and now we have leveled out a break even into the Midday. The news of Bin Laden's death sent a wave of emotion into the overnight markets, but reality of a weak dollar, lagging Tech (XLK) and Financial (XLF) sectors, dragged on this...

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.

Expedia (EXPE)- Online travel agency Expedia Inc said its quarterly net profit fell on increased expenses related to technology investments and international expansion, but bookings rose 10 percent. First-quarter net profit slipped to $52 million, or 19 cents per share, from $59.4 million, or 20...

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...

Community Health Systems (NYSE: CYH) today announced that it has raised its all-cash offer to acquire all outstanding shares of common stock of Tenet Healthcare Corporation (NYSE: THC) to $7.25 per share from $6.00 per share. Community Health previously made a $6/share offer for Tenet, which can...

Tenet Healthcare (NYSE: THC) Receives Raised Cash Offer from Community Health Systems (NYSE: CYH) of $7.25/Share.

Ford (NYSE:F)- Ford revenue increased 17% from last year to $33.1 billion and reduced its debt by $2.5 billion. The result showed an increase of $466 million over the first quarter of 2010, and is the best first quarter earnings since 1998. Competitors-  General Motors Company (GM), Toyota Motor...

Below are the top hospitals stocks on the NYSE in terms of cash. HCA Holdings Inc (NYSE: HCA) had $511.00 million in total cash and $28.65 billion in total debt for the latest quarter. Tenet Healthcare Corporation (NYSE: THC) had $406.00 million in total cash and $4.06 billion in total debt for...

According to Citi, LifePoint Hospitals (NASDAQ: LPNT) shares should respond favorably to a revenue-driven EBITDA and EPS beat for 1Q11. Citi said that LPNT follows HMA, UHS and CYH in producing big NR/AA growth yty but still-soft patient volume growth. “Details on the origin and sustainability of...