Health Care Facilities

AdCare Health Systems, Inc. (NYSE: ADK) has signed a definitive agreement to purchase a skilled nursing and assisted living community in Ohio for $13.5 million. The community has 193 beds, and generates an estimated $12 million in gross annualized revenues according to its most recent financials...

Below are the top small-cap hospitals stocks on the NYSE and the NASDAQ in terms of cash. Vanguard Health Systems Inc (NYSE: VHS) had $502.60 million in total cash and $2.38 billion in total debt for the latest quarter. LifePoint Hospitals Inc (NASDAQ: LPNT) had $275.80 million in total cash and...

Stifel Nicolaus is out with its report today on Five Star Quality Care (NYSE: FVE), downgrading FVE to Hold from Buy. In its report, Stifel Nicolaus writes, "Even though we see additional upside potential to Five Star Quality Care shares with an indicated DCF value range $6-$11 (15%-30% discount...

Stifel Nicolaus is out with its report today on Brookdale Senior Living (NYSE: BKD), downgrading BKD to Hold from Buy. In its report, Stifel Nicolaus writes, "Even though we see additional upside potential to BKD shares with an NAV estimate of $27 an indicated DCF value range $13-$21 (15%-25%...

According to Morgan Keegan, VCA Antech (NASDAQ: WOOF) price target is lowered to $18.50. Morgan Keegan said that VCA Antech refinanced its senior credit facility. “The new facility adds $100 million of senior term notes for a total of $581 million and increases the capacity on its revolver from $...

Stifel Nicolaus has downgraded the following companies: Brookdale Senior Living (NYSE: BKD) from Buy to Hold, $20 PT removed Five Star Quality Care (NYSE: FVE) from Buy to Hold, $6.50 PT removed Madison Square Garden (NASDAQ: MSG) from Buy to Hold, $32 PT removed

Morgan Keegan has lowered the price target on VCA Antech (NASDAQ: WOOF) from $23 to $18.50 and maintains its Market Perform rating.

VCA Antech, Inc. (NASDAQ: WOOF) announced today that it refinanced its senior credit facility. The new senior credit facility provides for an additional $100 million of senior term notes for a total of $581 million and an additional $25 million revolving facility for a total of $125 million. The...

Impax Laboratories (NASDAQ: IPXl) +10.54% after announcing positive topline results of ASCEND-PD phase III study of IPX066 in advanced Parkinson's disease. Cathay General Bancorp (NASDAQ: CATY) +11.21% - hearing that the company was upgraded to Outperform at RBC Capital Markets. Green Dot...

Deutsche Bank made a number of updates in a research report published today. Sara Lee (NYSE: SLE) had its rating reiterated at Buy. At the same time, its price target was reduced to $20 from $22. On Thursday, SLE lost 1.27% of its value to end the day at $17.09. SodaStream (NASDAQ: SODA) had its...

Brookdale Senior Living (NYSE: BKD) today announced that its Board of Directors has approved a share repurchase program that authorizes the Company to purchase up to $100 million in the aggregate of the Company's common stock. Bill Sheriff, Brookdale's Chief Executive Officer, said, "This...

JP Morgan resumed its coverage of Skilled Healthcare (NYSE: SKH) with a Neutral rating and a price target of $6. On Wednesday, SKH lost 11.46% of its value to end the day at $4.26.

Goldman Sachs has downgraded Brookdale Senior Living (NYSE: BKD) from Buy to Neutral.

Kindred Healthcare (NYSE: KND) today announced that its subsidiary has signed a definitive agreement to acquire the equity of Professional HealthCare, LLC, a portfolio company of Mainsail Partners, for a purchase price of $51 million in cash. Professional is a provider of home health, hospice,...

JP Morgan has resumed coverage on Skilled Healthcare Group (NYSE: SKH) with a Neutral rating and $6 price target.