Health Care Facilities

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...

According to Citi, Community Health Systems (NYSE: CYH) saw preliminary analysis of THC's allegations. Citi reported that yesterday, THC alleged that CYH "converts ER visits to medically unnecessary inpatient admissions." “Our preliminary analysis of Medicare cost report data does NOT reveal CYH...

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...

Cusick's Corner This is the week that the market gets to focus on corporate earnings (with some high expectations) and not on headlines like the EU debt crisis or tectonic shifts in Asia. This does not mean that the prospect of market volatility has increased -- as you can see from the anemic...

Apple Inc. (NASDAQ: AAPL) co-founder Steve Jobs's autobiography will finally be published next year. Simon & Schuster will publish the book. I'm actually looking forward to this. I have no joke here. Tenet Healthcare (NYSE: THC) has charged rival hospital operator Community Health Systems (...

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock is skyrocketing a remarkable 146.58% to $3.96 in today's action after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 58.51% to $23.46 after...

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...

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 146.58% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.09% to $23.25 after Level 3 Communications (...

Community Health Systems, Inc. (NYSE: CYH) today issued the following statement in response to the baseless complaint filed today by Tenet Healthcare Corporation (NYSE: THC): “Tenet's allegations are completely without merit and we intend to vigorously defend ourselves against these unfounded and...

Reported on CNBC, Community Health (NYSE: CYH) Denies Tenet Health's (NYSE: THC) Allegations.

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 145.96% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.91% to $23.37 after Level 3 Communications (...

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)