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Portage Health Signs Definitive Agreement with LifePoint Hospitals For Joint Venture
Tuesday, August 6, 2013 - 6:08am | 619Read More...The Portage Health Board of Directors has signed a definitive agreement to form a joint venture with LifePoint Hospitals® (NASDAQ: LPNT). The agreement, which includes $60 million in capital investments over the next 10 years by the new joint venture, would allow Portage Health to expand and...
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Earnings Scheduled For July 26, 2013
Friday, July 26, 2013 - 3:28am | 499Read More...AbbVie (NYSE: ABBV) is expected to report its Q2 earnings at $0.79 per share on revenue of $4.54 billion. Newell Rubbermaid (NYSE: NWL) is projected to report its Q2 earnings at $0.49 per share on revenue of $1.47 billion. Aon plc (NYSE: AON) is estimated to report its Q2 earnings at $1.11 per...
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Benzinga's M&A Chatter for Tuesday July 9, 2013
Tuesday, July 9, 2013 - 4:39pm | 364Read More...The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday July 9, 2013: Kroger to Acquire Harris Teeter for $49.38/Share The Deal:The Kroger Co. (NYSE: KR) and Harris Teeter Supermarkets (NYSE: HTSI) announced Tuesday that Kroger will purchase all outstanding...
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Benzinga's Top Upgrades
Thursday, June 6, 2013 - 6:51am | 139Read More...Analysts at Bank of America upgraded W.R. Berkley (NYSE: WRB) from “neutral” to “buy.” The target price for W.R. Berkley is set to $46. W.R. Berkley's stock closed at $40.20 yesterday. Analysts at Deutsche Bank upgraded Tenet Healthcare (NYSE: THC) from “hold” to “buy.” The target price for Tenet...
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Earnings Scheduled For April 26, 2013
Friday, April 26, 2013 - 3:14am | 578Read More...American Electric Power Co (NYSE: AEP) is estimated to report its Q1 earnings at $0.80 per share on revenue of $3.78 billion. ACCO Brands (NYSE: ACCO) is expected to report its Q1 earnings at $0.00 per share on revenue of $386.18 million. Burger King Worldwide (NYSE: BKW) is estimated to report...
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Benzinga's Top Downgrades
Tuesday, February 19, 2013 - 7:36am | 141Read More...Analysts at RBC Capital downgraded PPL (NYSE: PPL) from “outperform” to “sector perform.” The target price for PPL is set to $31. PPL's shares closed at $30.41 on Friday. Analysts at WallachBeth downgraded Lifepoint Hospitals (NASDAQ: LPNT) from “buy” to “hold.” The target price for Lifepoint...
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US Stock Futures Slightly Lower Ahead Of Economic Data
Friday, February 15, 2013 - 6:04am | 429Read More...US stock futures are slightly lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dropped 11 points to 13,939.00 and S&P 500 index futures fell 2 points to 1,516.70. Nasdaq 100 futures declined 2.25 points to 2,765.00. US stocks closed...
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Earnings Scheduled For February 15, 2013
Friday, February 15, 2013 - 4:21am | 575Read More...Alere (NYSE: ALR) is expected to report its Q4 earnings at $0.57 per share on revenue of $714.75 million. Campbell Soup Co (NYSE: CPB) is projected to report its Q2 earnings at $0.66 per share. ALLETE (NYSE: ALE) is estimated to report its Q4 earnings at $0.75 per share on revenue of $249.25...
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Are Storms an Investment Opportunity?
Monday, October 29, 2012 - 5:36am | 795Read More...For the last two days, the entire East coast has been bombarded with news about the impending arrival of Hurricane Sandy. Meteorologists, already looking tired, have filled the airwaves with vague predictions and hapless reporters have been dispatched to gas stations and supermarket parking lots to...
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Marquette General Acquired by Duke LifePoint
Tuesday, September 4, 2012 - 6:17am | 140Read More...The Marquette General Health System Board of Trustees and Duke LifePoint Healthcare today announced they have finalized the transaction for Marquette General to be acquired by Duke LifePoint (NASDAQ: LPNT). The acquisition will strengthen Marquette General for the future,...
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Top 4 Small-Cap Stocks In The Hospitals Industry With The Highest ROE
Wednesday, August 29, 2012 - 3:19am | 131Read More...Below are the top small-cap hospitals stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at AmSurg (NASDAQ: AMSG) is 24.46%. AmSurg's profit margin for the same period is 6.45%. The trailing-twelve-month return on equity at Health Management...
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LifePoint Hospitals Announces $450 Million Term Loan and $350 Million Revolving Credit Facility
Tuesday, July 24, 2012 - 3:09pm | 140Read More...LifePoint Hospitals, Inc. (NASDAQ: LPNT) today announced that it has entered into a credit agreement with Citibank, N.A. as administrative agent, and Bank of America Merrill Lynch and Barclays as joint lead arrangers and joint book-runners, and other lenders. The credit agreement provides for a $...
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Benzinga's Top Downgrades
Wednesday, July 18, 2012 - 6:29am | 118Read More...Analysts at Stifel Nicolaus downgraded Cinemark Holdings (NYSE: CNK) from “buy” to “hold.” Cinemark's shares closed at $24.14 yesterday. Cinemark's trailing-twelve-month ROA is 6.37%. Analysts at Susquehanna downgraded Lifepoint Hospitals (NASDAQ: LPNT) from “positive” to “neutral.” Lifepoint...
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UPDATE: Citigroup Upgrades LifePoint Hospitals to Buy on Better Near Term
Monday, June 11, 2012 - 6:14am | 102Read More...Citigroup raises its rating on LifePoint Hospitals (NASDAQ: LPNT) from Neutral to Buy and raises its price target from $40 to $47. Citigroup notes, "We are upgrading LPNT from Neutral (2) to Buy/High Risk (1H) as we assume a more positive view of the near-term (30day) risk/reward around the...
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Woods Memorial Hospital Signs Acquisition Agreement with LifePoint Hospitals; Terms Not Disclosed
Monday, June 4, 2012 - 3:01pm | 59Read More...The Woods Memorial Hospital Board of Directors today announced it has signed an asset purchase agreement for the acquisition of the hospital by LifePoint Hospitals (NASDAQ: LPNT). The transaction is expected to be completed in approximately 30 days, subject to customary closing conditions. The...
