Health Care Facilities

Citigroup has downgraded Skilled Healthcare (NYSE: SKH) from Buy to Hold and maintains its $16 price target.

By 10:25 am, the Dow Jones Industrial Average was down 121.09 points, or 0.98%, to 12,260.02, while the broader Standard & Poor's 500 index had dropped 12.12 points, or 0.92%. The NASDAQ composite index fell 29.61 points, or 1.07%. Some of the narrow based indexes that are still afloat in the...

Identive Group Inc (NASDAQ: INVE) shares surged 19.17% to $3.17 at 9:50 am. INVE has been selected as the exclusive supplier of near field communication (NFC) RFID stickers for Google Places in Austin, Texas. SunLink Health Systems Inc (AMEX: SSY) climbed 17.70% to $2.46. SSY shares have dropped...

David Faber, on CNBC, discusses the Tenet Health (NYSE: THC) and Community Health Systems (NYSE: CYH) lawsuit. CRT Capital Group and Citigroup have issued statements on their analysis of the lawsuit.

Hearing chatter Skilled Healthcare (NYSE: SKH) possibly seeking sale of real estate business. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price...

Best 1) Excelixis (NASDAQ: EXEL): Trading up 11.67% to $12.34 after a report came out saying that the company is working Goldman Sachs (NYSE: GS) to prepare for takeover offers. The action is in response to a positive study regarding its experimental prostate-cancer drug. 2) Kit digital (NASDAQ:...

Tenet (NYSE: THC) recently filed a lawsuit against Community Health (NYSE: CYH) alleging CYH has been “systematically overbilling Medicare and likely other payers by converting emergency room visits to medically unnecessary inpatient admissions.” As part of its argument, THC alleges that CYH use of...

According to J.P. Morgan, Skilled Healthcare Group (NYSE: ASKHA) rating and price target are suspended. J.P. Morgan reported that due to its involvement in the transaction announced on April 11, 2011, it is suspending its rating and price target for Skilled Healthcare Group (SKH). “Our prior...

Skilled Healthcare (NYSE: SKH) announced that it plans to explore its strategic alternatives, which include a possible real estate sale or the sale of the entire company. The company is looking to take advantage of favorable market conditions, even though management remains optimistic about the...

Jefferies continues to see good upside potential in Skilled Healthcare Group (NYSE: SKH) shares and believe management's decision to explore its strategic options is prudent in the current environment. While Jefferies remains positive on the company's outlook on a standalone basis, and views shares...

Kindred Healthcare, Inc. (NYSE: KND) and RehabCare Group, Inc. (NYSE: RHB) today jointly announced that the waiting period under the Hart-Scott-Rodino Improvement Act of 1976 for Kindred's previously announced acquisition of RehabCare was terminated on April 8, 2011. On February 8, 2011, Kindred...

Health Management Associates, Inc. (NYSE: HMA) announced today that it has reviewed the complaint filed against Community Health Systems (NYSE: CYH) by Tenet Healthcare Corporation (NYSE: THC). We believe Tenet's complaint involves Community's alleged use of internally developed admission criteria...

Shares of Community Health Systems (NYSE: CYH) are lower on the session by 27.05%, currently trading at $29.40. The stock had been moving largely higher over the past six months, but it is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name...

Trading Resumes: Community Health Systems (NYSE: CYH)

Community Health Resumes Trading (NYSE: CYH)