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Mid-Day Market Movers (HGRD, SIMG, APL, HSWI)
Wednesday, July 28, 2010 - 11:05am | 135Health Grades Inc (NASDAQ: HGRD) climbed 28.23% to $8.13 at 10:26 am. HGRD has reported better-than-expected Q2 earnings. Silicon Image Inc (NASDAQ: SIMG) jumped 26.27% to $4.23. SIMG has swung to Q2 profit, from a loss in the year-ago period. Atlas Pipeline Partners LP (NYSE: APL) shares advanced...
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Vestar Capital Partners Buys Health Grades For $8.20 A Share
Wednesday, July 28, 2010 - 8:07am | 362Vestar Capital Partners V, L.P. and Health Grades, Inc. (Nasdaq: HGRD) today announced a definitive agreement for an affiliate of Vestar to acquire all of the outstanding shares of HealthGrades for $8.20 per share, which represents a premium of approximately 32% over HealthGrades' 30-day average...
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Athenahealth’s Clinicals Offering To Come At Significantly Lower Margin
Tuesday, July 27, 2010 - 2:59pm | 282Analyst Gene Mannheimer of Auriga downgraded athenahealth (NASDAQ: ATHN) from “buy” to “hold,” while revising his estimates for the company. The 12-month target price for ATHN has been reduced from $32 to $30. ATHN has posted its quarterly EPS ahead of and revenues short of the estimates and the...
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Benzinga’s Top Downgrades (ATHN, RTN, OCR, ZRAN)
Tuesday, July 27, 2010 - 7:06am | 141Athenahealth Inc (NASDAQ: ATHN) was downgraded by Auriga from “buy” to “hold.” ATHN’s shares closed at $27 yesterday. Athenahealth’s quarterly earnings dipped 42.74% y/y. Cowen downgraded Raytheon Company (NYSE: RTN) from "outperform" to "neutral." RTN’s shares closed at $49.64 yesterday. Raytheon'...
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Morgan Keegan Rates RehabCare Group As Outperform (RHB)
Monday, July 26, 2010 - 1:55pm | 171Morgan Keegan published a note, where it initiated an “outperform” rating on RehabCare Group (RHB); no price target was set. In the report, Morgan Keegan writes, “Our EPS estimate of $0.62 is $0.01 below the First Call consensus mean and equal to the consensus median. It compares to $0.43 a year...
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Top 4 Stocks In The Specialized Health Services Industry With The Lowest PEG Ratio (CNU, PRSC, HLS, IPCM)
Monday, July 26, 2010 - 6:22am | 139Below are the top specialized health services stocks on the NYSE and the NASDAQ in terms of PEG ratio. Continucare Corp (AMEX: CNU) has a PEG ratio of 0.52. CNU’s quarterly earnings rose 36.40% y/y. Providence Service Corporation (NASDAQ: PRSC) has a PEG ratio of 0.71. PRSC’s quarterly earnings...
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Deutsche Bank: athenahealth Growth Story Back On Track (ATHN)
Friday, July 23, 2010 - 12:15pm | 94athenahealth (NASDAQ: ATHN) reported solid 2Q earnings. Its EPS of $0.12 was above consensus of $0.10. The company also reported revenue of $58.6 million. Deutsche Bank had these takeaways: "1) Solid top-line (despite $1MM of revenue slippage). 2) Strong physician adds on both Collector and...
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Mid-Day Market Movers (INFN, ATHN, EDCI, ALGN)
Friday, July 23, 2010 - 11:14am | 143Infinera Corporation (NASDAQ: INFN) climbed 21.32% to $8.48 at 10:30 am. INFN narrowed its Q2 losses on a year-over-year basis due to a sharp rise in revenues. Athenahealth Inc (NASDAQ: ATHN) shares advanced 21.12% to $26.72. Although ATHN’s Q2 profits fell on a y/y basis, their performance...
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IPC The Hospitalist Company Partners with UCSF
Friday, July 23, 2010 - 9:21am | 213IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national hospitalist physician group practice company, announced today that it has entered into an agreement with the University of California, San Francisco (UCSF) Division of Hospital Medicine and its Center for the Health Professions...
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Goldman Sachs Maintain Buy Raing on MHS
Friday, July 23, 2010 - 9:02am | 84Analysts at Goldman Sachs reiterated their Buy rating on shares of Medco Health Solutions (MHS), stating that the sell-off in shares was "overdone". Goldman Sachs will also keep the $76 price target, as they expect "a strong second half running into 2011...more aggressive share buyback assumptions...
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Benzinga’s Top Pre-Market NASDAQ Gainers (ARMH, ATHN, ETFC, VOD)
Friday, July 23, 2010 - 8:38am | 136ARM Holdings Plc (NASDAQ: ARMH) rose 9.94% to $15.82 in the pre-market session. ARMH is likely to report strong Q2 earnings on July 27. Athenahealth Inc (NASDAQ: ATHN) added 9.07% to $24.06 in pre-market trading. Although ATHN’s Q2 profits fell on the year/year basis, they exceeded the consensus...
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Global Hunter Ups LH To Buy
Friday, July 23, 2010 - 6:23am | 55Analysts at Global Hunter Securities upgrade Laboratory Corp of America Holdings (NYSE: LH) from "neutral" to "buy." The target price for LH has been raised from $82 to $83. LH’s shares fell 4.88% to close at $72.24 yesterday. More Analyst Ratings here
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Finicky Market 07-22-2010
Thursday, July 22, 2010 - 2:45pm | 734Cusick’s Corner Today’s market is for the bulls, yesterday was for the bears, and this market is getting more finicky than a cat. Tech and Transports are the leaders going into this rally, which was sparked in the pre-market after T, QCOM, and UPS all announced blockbuster earnings. With the...
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Gentiva Reports Preliminary Results - Analyst Blog
Thursday, July 22, 2010 - 12:51pm | 786On Tuesday, Gentiva Health Services Inc. (GTIV) released its preliminary operating results for the second quarter of 2010. The final second quarter results are expected on July 29, 2010. Gentiva has reiterated its fiscal 2010 outlook for adjusted income from continuing operations and reduced the...
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Benzinga’s Top Downgrades (NFLX, PJC, CMTL, ODSY)
Thursday, July 22, 2010 - 7:10am | 149Netflix Inc (NASDAQ: NFLX) was downgraded by Canaccord Adams from “buy” to “hold.” NFLX’s shares closed at $119.65 yesterday. Netflix’s 52-week trading range is $39.27 - $127.96. Goldman Sachs downgraded Piper Jaffray Companies (NYSE: PJC) from "buy" to "neutral." PJC’s shares closed at $28.40...