-
Justice Department Goes After Johnson & Johnson
Friday, January 15, 2010 - 12:06pm | 252The Justice Department has filed suit against pharmaceutical giant Johnson & Johnson (NYSE: JNJ) under the federal False Claims Act, alleging that the company paid kickbacks so that nursing homes would prescribe the powerful schizophrenia drug Risperdal to more of their patients. The complaint...
-
Stocks That Crossed Their 52-Week Lows (ECGI, MPB, RSCR)
Wednesday, January 13, 2010 - 3:37pm | 109Envoy Capital Group Inc (NASDAQ: ECGI) shares slipped to a new 52-week low of $0.95. ECGI has announced a restructuring plan at its corporate offices. Mid Penn Bancorp (NASDAQ: MPB) shares slipped to a new 52-week low of $9.42. MPB issued a press release detailing its expected provision for loan...
-
2010 Outlook Boosts inVentiv’s Prospects (VTIV)
Monday, January 11, 2010 - 10:47am | 79Analysts at Barclays Capital have retained their Overweight rating for inVentiv Health (NASDAQ: VTIV) and have revised their price target upwards from $16.00 to $20.00. inVentiv Health operates in the healthcare distribution and technology markets. Barclays believes that greater visibility in the...
-
Get Bullish On HMS Holding Corp (HMSY)
Friday, January 8, 2010 - 3:26pm | 99Analysts at Bank Of America Merrill Lynch have estimated a price target of $56 for HMS Holding Corp. (NASDAQ: HMSY). The stock has been rated as a Buy. The price target is based upon a 23.7x forward adjusted earnings and 13.0x forward adjusted EBIDTA. The valuation also assumes a 1.1x PEG multiple...
-
VTIV Acquires Privately-Held ParagonRx
Wednesday, January 6, 2010 - 2:50pm | 119Analysts at Auriga USA maintain their "buy" rating on inVentive Health (NASDAQ: VTIV). The target price for VTIV is set to $21. According to Auriga USA, Ventive Health has announced the acquisition of privately-held ParagonRx for an undisclosed amount. ParagonRx is a market leader in Risk...
-
Top 5 Large-Cap Stocks That May Keep Up Their Rally in Q1 (DTV, MHS MCD, CL, GIS)
Wednesday, January 6, 2010 - 1:39pm | 350Colgate-Palmolive (NYSE: CL) has a quick ratio of 0.7, which indicates less-than-ideal liquidity. However, CL’s leverage is better than the ideal level, as the company’s debt-to-equity ratio is 1.1. CL’s shares have risen 21% over the past year, exceeding the Dow Jones Industrial Average, albeit...
-
Top 5 Large-Cap Stocks In The Services Sector With The Highest Cash (NWSA, TWX, WMT, ESRX, V)
Wednesday, January 6, 2010 - 8:29am | 185Below are the top 5 large-cap services stocks on the NASDAQ and the NYSE in terms of cash. The total cash at News Corp (NASDAQ: NWSA) is $7.83 billion. NWSA’s market capitalization is $36.6 billion. Needham initiated coverage of NWSA with a “buy” rating. The total cash at Time Warner Inc (NYSE:...
-
Gentiva Health Services May Be Fully Valued (GTIV)
Tuesday, January 5, 2010 - 12:52pm | 95Gentiva Health Services, Inc (NASDAQ: GTIV) is a provider of comprehensive home health and related services with almost 400 agencies in 39 states. The company's two business segments are Home Healthcare Services and Other Related Services, which encompasses hospices, respiratory therapy and durable...
-
Latest Acquisition To Boost HMS Prospects (HMSY)
Tuesday, January 5, 2010 - 11:55am | 70HMS Holdings Corp (NASDAQ: HMSY) recently announced the acquisition of Verify Solutions, a provider of eligibility audit services. Analysts at William Blair & Company have reiterated an Outperform rating on the scrip and believe that the acquisition has strategic importance. The acquisition...
-
Pricing Environment Improving For AMED
Tuesday, January 5, 2010 - 10:35am | 131Analysts at BB&T Capital Markets maintain their "buy" rating on Amedisys Inc (NASDAQ: AMED), while raising their estimates for the company. The target price for AMED has been raised from $61 to $63. According to BB&T Capital Markets, the inclusion of the 3% rural add-on in the Senate...
-
Latest Deal May Not Improve Athena Prospects (ATHN, C)
Tuesday, January 5, 2010 - 9:19am | 88Athenahealth Inc.(NASDAQ: ATHN) today announced expansion of services for one of its current customers, a leading community based hospital system in New England. This deal will cover 500 medical providers, with an additional potential of 1200 medical providers from affiliated networks. Analysts at...
-
LHC Group (LHCG) And Amedisys Inc. (AMED) Announces New Acquisitions
Tuesday, January 5, 2010 - 2:29am | 109LHC Group (NASDAQ: LHCG) and Amedisys Inc. (NASDAQ: AMED) have started the New Year with acquisition news. According to a report released by Oppenheimer Inc., LHC Group has announced the acquisition of 100% of assets of Access Hospice Care, Branson, MO. The company had already acquired the Access...
-
Rehabcare Group Inc. (RHB) Gets An Upgrade
Monday, January 4, 2010 - 1:54pm | 111Rehabcare Group Inc. (NYSE: RHB) is expected to experience margin growth and earnings expansion in Year 2010. This has led the Equity research firm Stifel Nicolaus to raise its price target from $30 to $36. In a recent report published by Stifel Nicolaus, they have retained their ‘buy’ rating on...
-
Barron's Bullish Positions On January 2nd (CVX, LPS, LH, AMGN, ALXN)
Sunday, January 3, 2010 - 2:19pm | 254Barron's reported on January 2nd that Chevron (NYSE: CVX) could jump 20% next year, if oil goes up. The company is increasing its exploration activities in 2010. Chevron (CVX) is currently priced at $76.99. Lender Processing Services, Inc. (NYSE: LPS) is another company heavily praised in one of...
-
Top 5 Large-Cap NASDAQ Stocks with Highest ROE (DELL, ESRX, FSLR, GILD, PAYX)
Wednesday, December 23, 2009 - 8:10am | 208Below are the top 5 large-cap stocks on the NASDAQ in terms of highest daily volumes. The return on equity for Dell Inc (NASDAQ: DELL) is 31.58%. DELL’s market capitalization is $27.61 billion. AmTech Research upgraded DELL from “neutral” to “buy.” The return on equity for Express Scripts Inc (...