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Allied Healthcare International to Be Acquired by Saga Group Limited for $3.90 per Share
Friday, July 29, 2011 - 6:00am | 127Allied Healthcare International Inc. (NASDAQ: AHCI) announced that it has entered into a definitive agreement to be acquired by Saga Group Limited for $3.90 per share, which represents a premium of 59% to Allied's closing price on July 28, 2011 of $2.45. The aggregate purchase price for all...
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Reserve Bank of New Zealand Holds OCR at 2.50%
Thursday, July 28, 2011 - 1:27pm | 114The Reserve Bank of New Zealand held the Official Cash Rate (OCR) unchanged at 2.50%, but signaled plans to increase the rate. The Bank Said: "Provided current global financial risks recede and the economy continues to recover, the Bank sees littl... Go to http://SwingTradingDaily.com for full...
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Top 4 Large-Cap Stocks In The Drugs Wholesale Industry With The Highest EPS Estimates
Thursday, July 28, 2011 - 3:54am | 147Below are the top large-cap drugs wholesale stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for McKesson Corporation (NYSE: MCK) for the next year ending March, 2013 is $6.93 per share. MCK's PEG ratio is 0.98. MedcoHealth Solutions Inc (...
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Mad Money Lightning Round: Cramer Likes Freeport-McMoRan
Thursday, July 28, 2011 - 3:31am | 227On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Alcoa (NYSE: AA) is an “undervalued company that's running on multiple cylinders. It's cheap." Cramer believes that Walter Industries (NYSE: WLT) “wants to bring out value; so it might be a takeover target. I like it." For...
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athenahealth Issues Clarification; CMS Claims Reprocessing Immaterial to Fiscal Year 2011 Results
Wednesday, July 27, 2011 - 8:28am | 166athenahealth, Inc. (NASDAQ: ATHN) wishes to clarify certain information regarding the amount of client collections associated with claims being reprocessed by the Centers for Medicare and Medicaid Services. Following the athenahealth's Q2 2011 earnings release on July 21, 2011, management has...
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Benzinga's Top Pre-Market Losers
Wednesday, July 27, 2011 - 6:50am | 104Juniper Networks Inc (NYSE: JNPR) dipped 17.87% to $25.60 in the pre-market session. JNPR reported downbeat Q2 results and issued weak Q3 projections. WellPoint Inc (NYSE: WLP) lost 5.29% to $69.67 in the pre-market session. WLP reported a 2.9% drop in its second-quarter net profit. Quest...
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 3:37am | 2249Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...
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Calls Purchased on Omnicare
Tuesday, July 26, 2011 - 9:09am | 100Shares of Omnicare (NYSE: OCR) are higher on the session by 1.05%, currently trading at $30.71. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. Though action ahs been...
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Morgan Stanley Comments on Athenahealth
Tuesday, July 26, 2011 - 8:17am | 138Morgan Stanley has published a report on athenahealth (NASDAQ: ATHN). In the report, Morgan Stanley wrote, "Model update reflects the Proxsys acquisition and one time Medicare catch-up payments. We are increasing our CY11 estimates for revenues to $325 million (from $314 million) and for adjusted...
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Top 4 Small-Cap Stocks In The Health Care Plans Industry With The Lowest PEG Ratio
Tuesday, July 26, 2011 - 3:20am | 123Below are the top small-cap health care plans stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio American Dental Partners Inc (NASDAQ: ADPI) has a PEG ratio of 0.60. ADPI's trailing-twelve-month operating margin is 9.68%. Metropolitan Health Networks Inc (AMEX: MDF) has a PEG ratio...
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Final Countdown... 07-25-2011
Monday, July 25, 2011 - 5:52pm | 906Cusick's Corner Just like the infamous lyrics from the rock band Europe, "we are in the Final Countdown" and we have republicans and democrats making loop de loops while the Fed prepares to miss a payment, and at whose expense? Ours? Washington has one shot to get this right before they form a...
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Break Out Watch: Hooper Holmes
Monday, July 25, 2011 - 3:01pm | 140Shares of Hooper Holmes (AMEX: HH) have sprinted higher into the close today; shares ended the session higher by 4.63%, trading at $0.984. The name has been consolidating between $0.87 and $0.98 for the past four weeks, but shares look ready to break that range. Hooper Holmes would have to cleat...
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Measuring Demand for Market Protection 07-25-2011
Monday, July 25, 2011 - 1:57pm | 955Cusick's Corner The sellers were out this morning and while the selling has tapered off, it still cannot be overlooked. Longs are looking like they are getting nervous, potentially taking some profits as the Debt debate continues and the Chinese are signaling some mixed data. Market players on the...
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Calls Purchased on Laboratory Corporation of America
Monday, July 25, 2011 - 12:31pm | 143Shares of Laboratory Corporation of America (NYSE: LH) are lower on the session by 1.14%, currently trading at $92.04. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today....
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Jefferies Maintains Buy on Medco Health Solutions
Monday, July 25, 2011 - 8:30am | 114Jefferies is out with its report today on Medco Health Solutions (NYSE: MHS), maintaining Buy. In a note to clients, Jefferies writes, "We expect MHS shares to trade primarily on the prospects of obtaining regulatory approval for its pending acquisition by ESRX. While MHS is well-positioned to...