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Benzinga’s Top Pre-Market Losers (LNCR, FTR, UNH, SBUX)
Friday, July 2, 2010 - 8:57am | 141Lincare Holdings Inc (NASDAQ: LNCR) dipped 8.60% to $28.92 in the pre-market session. Yesterday, LNCR’s shares reached the 50-day moving average but failed to breach the widely watched support level. Frontier Communications Corporation (NYSE: FTR) lost 4.42% to $7.35 in the pre-market session. FTR...
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JP Morgan Initates Coverage of Three RCM Providers (AH, ATHN, MDAS)
Tuesday, June 29, 2010 - 9:48am | 213JP Morgan analysts Atif Rahim, Lisa Gill, and Michael Minchak have initiated coverage on three revenue cycle management (RCM) providers. The existence of this industry is driven by healthcare providers who have complex revenue cycle processes. RCM providers exist because they reduce collection...
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Medco Poised For Bright Future, Says Deutsche Bank (MHS)
Tuesday, June 29, 2010 - 9:23am | 121Deutsche Bank analysts Ross Muken, Michael Cherny, and Vijay Kumar reiterated a Buy rating and %78 price target for Medco (NYSE: MHS). The analysts see sustained growth at Medco, driven by several drivers, including growth in generics, mail, and PGx. They said, "While there is some debate on the...
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6-28-10 The Small Cap Market Update from Express IR
Monday, June 28, 2010 - 11:46pm | 3796I thought Canadian’s were supposed to be civil. Or maybe the idiots rioting in Toronto at the G20 summit are tourists. Either way, if you have a point to make, isn’t it always better to rationally, calmly state your point and use debate, dialog, and discussion to reach agreement, or at least a...
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Late Market Update
Monday, June 28, 2010 - 2:18pm | 225Shares of CardioNet (NASDAQ: BEAT) dipped about 11.3% after the Centers for Medicare and Medicaid Services (CMS) proposed that the technical component of mobile cardiovascular telemetry should continue to be carrier-priced for 2011. BEAT expected to receive national reimbursement rate for its...
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Jeffries Reiterates Hold Rating on CardioNet (BEAT)
Monday, June 28, 2010 - 9:26am | 291Jefferies and Company is out with a research report this morning, where its analysts reiterated their Hold rating on shares of CardioNet (NASDAQ: BEAT); they have an $8.00 price target on the stock. The Jefferies analysts said, “Concerns regarding continued future reimbursement declines remain an...
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June 28, 2010: 11 Service Sector Micro-Cap Growth Ideas
Sunday, June 27, 2010 - 7:09pm | 378Investors regularly need fresh ideas to explore. I ran a screen on micro-cap stocks with company values in the $100-300m range within the service sector. These stocks beat the S&P 500 average by 20% or more over the past 52 weeks. All stocks were rated a SmartConsensus Buy. The list should be...
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Mixed Economic News 06-25-2010
Friday, June 25, 2010 - 2:59pm | 682Cusick's Corner It’s been a choppy session but major markets are a bit higher now amid the news that a financial reform deal was made overnight. Overall economic fears are still weighing on the market. In the morning, GDP came in worse than expected, which was later counter balanced by Consumer...
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Call Volume Grows on Lincare Holdings (LNCR)
Friday, June 25, 2010 - 2:37pm | 150Shares of Lincare Holdings Inc. (NASDAQ: LNCR) are higher on the session by 2.25%, currently trading at $33.22. The stock has been a relative outperformer over the past six months and is trading near its 52-week high, which was set earlier in the session. Options traders are largely selling calls...
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Kinetic Concepts Wins Patent Case - Analyst Blog
Thursday, June 24, 2010 - 5:12pm | 348The UK High Court of Justice recently ruled in favor of Kinetic Concepts Inc. (KCI) in a patent case against Smith & Nephew Plc. (SNN). The court was of the opinion that Smith & Nephew's Rnansys EZ and GO products infringe on two KCI patents associated with negative pressure wound therapy...
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Top Performing Industries For June 22 (ABD, LNCR, JEF, TNE)
Tuesday, June 22, 2010 - 12:31pm | 238At 11:36 am, the Dow soared 35.14 points, or 0.34%, to 10,477.55, the broader Standard & Poor's 500 index moved up 3.30, or 0.30%, to 1,116.50 and the NASDAQ composite index gained 19.87, or 0.87%, to 2308.96. The industries that are driving the market today are: Office Supplies: The top gainer...
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Benzinga’s Volume Movers (SNWL, HAYN, LNCR, VLCM)
Tuesday, June 22, 2010 - 12:08pm | 177SonicWALL Inc (NASDAQ: SNWL) shares soared 4.76% to $11.89 at 11:16 am. The volume of SNWL shares traded was 1242% higher than normal. Aloha Petroleum has revamped its network security system with SNWL. Haynes International Inc (NASDAQ: HAYN) shares climbed 6.99% to $32.47. The volume of HAYN...
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Deutsche Bank Reiterates Buy Rating on Medco Health Solutions (MHS)
Monday, June 21, 2010 - 10:03am | 296Deutsche Bank is out with an analyst note this morning, where they reiterate their Buy rating on shares of Medco Health Solutions (NYSE: MHS); they have a $78.00 price target on the stock. DB analysts said, “Medco Health and Celesio AG announced the formation of a 50:50 pan-European joint venture...
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Benzinga’s Top Pre-Market Gainers (AIPC, EXEL, CRUS, GXDX)
Monday, June 21, 2010 - 8:35am | 170American Italian Pasta Company (NASDAQ: AIPC) soared 26.29% to $52.7 in the pre-market session. AIPC is about to be acquired by snacks company Ralcorp Holdings Inc (NYSE: RAH) in an all cash deal valued at $1.2 billion, or $53 a share. Exelixis Inc (NASDAQ: EXEL) added 4.8% to $4.8 in pre-market...
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Benzinga’s Top Downgrades (LNCR, NVE, MTB, BEN)
Friday, June 18, 2010 - 7:25am | 156Lincare Holdings Inc (NASDAQ: LNCR) was downgraded by Jefferies from “buy” to “hold.” LNCR’s shares closed at $32.27 yesterday. Lincare Holdings’ earnings may fell by 34.57% this year. Oppenheimer downgraded NV Energy Inc (NYSE: NVE) from “outperform” to “perform.” NVE’s shares closed at $12.72...