Health Care Facilities

MedCath Corporation (Nasdaq: MDTH) and its physician partners announced today the completion of the sale of substantially all the assets of Heart Hospital of Austin to St. David's Healthcare Partnership, L.P. The transaction, which was announced in February and was subject to customary closing...

Skilled Healthcare Group Inc (NYSE: SKH) was upgraded by JMP Securities from “market perform" to" outperform." SKH's shares closed at $47.02 on Friday. Shares of Skilled Healthcare Group have moved down 49.66% year-to-date. CIBC upgrade Eldorado Gold Corporation (USA) (NYSE: EGO) from “sector...

JP Morgan has published a research report on HealthSouth Corporation (NYSE: HLS) after the company's 3Q results. In the report, JP Morgan writes "We are updating our HLS earnings model post the company's 3Q10 report. Our 2010 estimate is unchanged at $1.75 as the fourth quarter now includes...

When Emeritus Corporation (NYSE: ESC) reports its third quarter earnings after the market close next Thursday, November 4, Morgan Keegan anticipates cash from facility operations (CFFO) of $0.27, $0.06 above the prior year period. “As CFFO is a non-GAAP measure, it is not tracked by First Call, so...

LifePoint Hospitals, Inc. (NASDAQ: LPNT) today announced results for the third quarter and nine months ended September 30, 2010. For the third quarter ended September 30, 2010, revenues from continuing operations were $832.3 million, up 11.7% from $745.0 million for the same period a year ago....

Hanger Orthopedic (HGR) posted adjusted earnings per share of 37 cents for third quarter fiscal 2010, beating the Zacks Consensus Estimate of 35 cents and exceeding the year-ago earnings of 30 cents. The adjusted earnings exclude costs (of $8 million) associated with the relocation of the...

By 11:34 am, the Dow Jones Industrial Average was down 21.64 points, or 0.19%, to 11,104.64, while the broader Standard & Poor's 500 index had lost 0.02 point. The NASDAQ composite index fell 3.84 points, or 0.15%. Some of the narrow based indexes that are still afloat in the markets are...

Health Management Associates (NYSE: HMA) reported Q3:10 adjusted EPS from continuing operations of $0.14, compared to Oppenheimer's estimate and the Street consensus of $0.12. Overall this was a solid quarter across the board as the company was able to overcome a tough comp and beat expectations....

At 10:20 am, the Dow gained 0.05% to 11,131.92, the broader Standard & Poor's 500 index moved up 0.09% to 1,183.56 and the NASDAQ composite index lost 0.08% to 2,501.30. The industries that are supporting the market today are: Resorts & Casinos: This industry jumped 5.82% by 10:20 am. The...

Citi Investment Research sees 50% upside in shares of Community Health Systems (NYSE: CYH), after the company reported weaker than expected earnings. It has a $45 price target and a 1H rating on shares. In a note to clients Citi states, "Excluding a prior-period CA provider tax benefit recognized...

Health Management Associates (NYSE: HMA) reported 3Q earnings that were slightly better than expected than the in-line estimates that were previously forecasted, according to Citigroup, which also announces that HMA will host a conference call today at 1pm (877-476-3476 passcode: 17632386). In its...

Hanger Orthopedic Group, Inc. (NYSE: HGR) announced net sales of $206.7 million for the quarter ended September 30, 2010, an increase of $14.5 million, or 7.5%, from $192.3 million in the prior year. Adjusted diluted earnings per share, which excludes relocation of the Company's corporate...

Health Management Associates, Inc. (NYSE: HMA) today announced its consolidated financial results for its third quarter and nine months ended September 30, 2010. For the quarter, Health Management reported net revenue of $1,270.7 million and earnings before interest, income taxes, depreciation and...

Five Star Quality Care, Inc. (FVE) today announced its financial results for the quarter and nine months ended September 30, 2010. Third Quarter 2010 Financial Highlights: Total revenues for the third quarter of 2010 increased 6.7% to $315.1 million from $295.3 million for the same period last...

Regional Mid-Atlantic Banks are leading the decliners today. This sector lost 2.22% in the first half of the Monday's trading session. Wilmington Trust Corporation (NYSE: WL) trades 10.39% down as traders started to ring the register, after big rally on Friday. The stock performed well on Friday on...