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AMN Announces Managed Services Agreement Implementation With Rady Children's Hospital
Wednesday, July 6, 2011 - 10:02am | 181AMN Healthcare Services, Inc. (NYSE: AHS) announced that it is now serving Rady Children's Hospital–San Diego for all of its contingent workforce needs, both clinical and non-clinical, under a Managed Services Program agreement entered into recently. "We're excited about our partnership with AMN...
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Goldman Sachs Maintains Neutral On Omnicare
Wednesday, July 6, 2011 - 8:06am | 178Goldman Sachs is maintaining its Neutral rating and $32 price target on shares of Omnicare, Inc. (NYSE: OCR). In a note to clients, Goldman Sachs writes, "With our assumption of coverage of Omnicare on June 23, we wanted to provide a deep dive into the company and provide an update our outlook on...
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Goldman Sachs Reiterates Neutral and PT of $32 on Omnicare
Wednesday, July 6, 2011 - 7:26am | 45Goldman Sachs reiterated its Neutral rating on Omnicare (NYSE: OCR). At the same time, Goldman left its price target on the company's stock unchanged at $32. On Tuesday, Omnicare lost 0.12% of its value to finish the day at $32.13.
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Air Methods Corporation Announces Closing of Amended and Restated Credit Agreement
Tuesday, July 5, 2011 - 3:03pm | 154Air Methods Corporation (Nasdaq: AIRM) announced today that it has successfully closed, together with its bank group, led by KeyBank National Association (NYSE: KEY), a five-year Amended and Restated Credit Agreement. The Amended Credit Facility is comprised of a $100 million revolving line of...
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Athenahealth Jumping As
Tuesday, July 5, 2011 - 10:45am | 257Shares of athenahealth, Inc. (NASDAQ: ATHN) are jumping today on news that University Hospitals (UH), one of the nation's largest community-based health systems, will use athenahealth's cloud-based practice management and medical billing service. “The results we have achieved to date with...
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Bank Of America Comments On Davita Cost Structure
Tuesday, July 5, 2011 - 7:21am | 83According to Bank of America, Davita (NYSE: DVA) should be able to adjust its cost structure to begin making a margin on the Medicare biz vs. historically break even. Bank of America said that CMS issued the 2012 proposed dialysis regulation (effective 1/1/12). “Overall, the rule is slightly...
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Merger Arbitrage Mondays – July 4, 2011
Monday, July 4, 2011 - 11:33am | 4772Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...
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Merger Arbitrage Mondays – July 4, 2011
Monday, July 4, 2011 - 11:33am | 4772Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...
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Conversion Right Triggered for LabCorp's Zero Coupon Convertible Subordinated Notes Due 2021
Friday, July 1, 2011 - 7:58am | 78Laboratory Corporation of America Holdings (NYSE: LH) announced today that its Zero Coupon Convertible Subordinated Notes due 2021 may be converted as set forth below. The Zero Coupon Notes are convertible into cash and Common Stock of LabCorp, if any, subject to the terms of the Zero Coupon...
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IntegraMed Elects Michael C. Howe to Its Board of Directors
Thursday, June 30, 2011 - 7:38am | 162IntegraMed America (NASDAQ: INMD) announced today that its Board of Directors has elected Mr. Michael C. Howe to the Board, effective July 1, 2011. Mr. Howe's term will expire at IntegraMed's next annual meeting of stockholders to be held in 2012. Mr. Howe's appointment expands IntegraMed's Board...
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Top 4 Small-Cap Stocks In The Health Care Plans Industry With The Lowest PEG Ratio
Thursday, June 30, 2011 - 12:11am | 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 0.59. ADPI's trailing-twelve-month revenue is $288.61 million. Metropolitan Health Networks Inc (AMEX: MDF) has a PEG...
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Companies Presenting Today at Oppenheimers Consumer Conference
Tuesday, June 28, 2011 - 7:40am | 384Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...
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Rural/Metro Corporation Stockholders Approve Merger Agreement
Monday, June 27, 2011 - 3:30pm | 77Rural/Metro Corporation (NASDAQ: RURL) announced today that its stockholders have voted to adopt the previously announced Agreement and Plan of Merger, dated March 28, 2011, by and among the Company, WP Rocket Holdings LLC and WP Rocket Merger Sub, Inc., a wholly owned subsidiary of WP Rocket...
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Options Brief: Lincare Holdings Inc.
Monday, June 27, 2011 - 12:37pm | 95Shares of Lincare Holdings Inc. (NASDAQ: LNCR) are lower on the session by 0.66%, trading at $28.75. Overall put volume is now running at 23.02x the daily average, with 89% of all puts traded being purchases on the offer. 1,427 contracts have traded on the session so far. Lincare Holdings Inc....
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Market Roundup
Monday, June 27, 2011 - 10:59am | 329Shares of MetLife Inc (NYSE: MET) gained about 0.8% after Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia...