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Puts Bought on Universal Health (UHS)
Monday, June 7, 2010 - 12:25pm | 103Read More...Shares of Universal Health Services Inc. (NYSE: UHS) are higher on the session by 0.65%, currently trading $41.84. The stock has been trading amazingly well over the past six months and is nearing new highs. Protection is being bought on the name today, though. The June $40 put was purchased 1,000...
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Merger Arbitrage Mondays – June 07, 2010
Monday, June 7, 2010 - 5:32am | 4760Read More...The activity on the Merger and Acquisition front increased once again last week with seven new deals announced and four deals closing. We are also happy to report the beta launch of a new tool that will let you see the spreads on deals in almost real time. This tool automatically calculates the...
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Benzinga's After Hours Gainers (AMGN, THC, AGU)
Tuesday, June 1, 2010 - 6:17pm | 172Read More...Tuesday was another extremely negative session for bullish investors, as the Dow Jones Industrial Average plummeted 112 points to close at 10,024, with most of the losses coming in the last hour of trading. Among the after hours gainers today are Amgen (NASDAQ: AMGN), Tenet Healthcare (NYSE: THC...
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SUNH Upgraded To Outperform At Wells Fargo
Wednesday, May 26, 2010 - 7:02am | 45Read More...Analysts at Wells Fargo Securities upgrade Sun Healthcare Group Inc (NASDAQ: SUNH) from "market perform" to "outperform." SUNH’s shares gained 1.84% to close at $8.31 yesterday. More Analyst Ratings here
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SUNH To Split Into Two, An Operating Company And A REIT
Tuesday, May 25, 2010 - 3:09pm | 192Read More...Analysts at Oppenheimer & Co reiterate their "outperform" rating on Sun Healthcare Group Inc (NASDAQ: SUNH). The target price for SUNH is set to $14. Sun Healthcare is splitting its company into two parts, an operating company and a REIT, to release value for shareholders. SUNH has also planned...
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Morgan Keegan Maintains Market Perform Rating For VCA Antech, Inc. (WOOF)
Tuesday, May 25, 2010 - 9:53am | 131Read More...Analysts Robert M. Mains and Chad Vanacore at Morgan Keegan have released an update on VCA Antech, Inc. (NASDAQ: WOOF). Analysts conducted a proprietary survey of veterinary laboratory services in which they asked veterinarians to rate the two leading reference lab companies as well as local...
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Top 4 Small-Cap Stocks In The Long-Term Care Facilities Industry With The Highest Market Capitalization (ODSY, ESC, KND, NHC)
Tuesday, May 25, 2010 - 6:23am | 182Read More...Below are the top 4 small-cap long-term care facilities stocks on the NASDAQ and the NYSE in terms of market capitalization. Odyssey Healthcare Inc (NASDAQ: ODSY) has a market capitalization of $897.8 million. ODSY is going to be acquired by Gentiva Health Services Inc (NASDAQ: GTIV) in a $1...
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Merger Arbitrage Mondays – May 24, 2010
Monday, May 24, 2010 - 6:46am | 4755Read More...The slowdown in merger announcements two weeks ago appears to have only been a temporary breather. For the first time since we launched this service in mid-March, we have seen seven new mergers announced in a single week. Besides the seven new all cash deals announced last week, we had one deal...
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Psychiatric Solutions (PSYS) Downgraded After Deal Announced
Tuesday, May 18, 2010 - 2:45pm | 219Read More...Citi Investment Research & Analysis analyst Gary Taylor downgraded his rating for shares of Psychiatric Solutions, Inc. (Nasdaq: PSYS) to Hold, while raising his price target to $33.75 per share, from the previous price target of $25. Taylor raised his price target to the announced price that...
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Citi Rates Universal Health Services (UHS) A Buy
Tuesday, May 18, 2010 - 2:32pm | 154Read More...Citi Investment Research & Analysis analyst Gary Taylor reiterated his Buy rating for shares of Universal Health Services, Inc (NYSE: UHS), with a price target of $47 per share. Taylor said that his newco model for Universal Health Services, Inc / Psychiatric Solutions, Inc. (Nasdaq: PSYS)...
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Piper Jaffray Upgrades PSYS To Neutral
Tuesday, May 18, 2010 - 7:52am | 40Read More...Analysts at Piper Jaffray upgrade Psychiatric Solutions (NASDAQ: PSYS) from "underweight" to "neutral." PSYS moved down 0.74% to close at $32.39 yesterday. More Analyst Ratings here
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Universal Health To Acquire Psychiatric Solutions (UHS, PSYS)
Monday, May 17, 2010 - 8:48pm | 149Read More...Universal Health Services Inc. (NYSE: UHS) has agreed to buy Psychiatric Solutions Inc. (NASDAQ: PSYS) for $2 billion in cash. The company will also assume Psychiatric’s (PSYS) debt of $1.1 billion. UHS (UHS) will pay $33.75 per share, which is a 3.4% premium to Psychiatric’s Friday closing price...
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Jefferies & Company Healthcare Update (SKH, AMED, GTIV, AFAM, LHCG)
Monday, May 17, 2010 - 12:12pm | 159Read More...Jefferies & Co. cited fears of the European economic fallout for last week's sell off in healthcare stocks and said that valuations in defensive equities like Skilled Healthcare Group (NYSE: SKH), Amedisys (NASDAQ: AMED), and Gentiva Health Services (NASDAQ: GTIV) look "increasingly compelling...
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Company News for May 17, 2010 - Corporate Summary
Monday, May 17, 2010 - 10:05am | 205Read More...• Mergers and acquisitions front picked up steam over the weekend, with mergers reported by Man Group, Universal Health, and Apollo Global Management • Man Group announced plans to buy GLG Partners (NYSE:GLG) for $4.50 per share or $1.6 billion • Universal Health (NYSE:UHS) announced plans to pay $...
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US Stock Futures Up Today, Concerns Remain
Monday, May 17, 2010 - 9:22am | 262Read More...US stock futures moved up higher today, despite continued concerns over European Union debt and growth in the Chinese market. While futures on the S&P 500 moved up 4.2 points to 1,139.50, those on the Nasdaq 100 rose 6.5 points to 1,916.20. Meanwhile, Dow Jones Industrial Average futures...

