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Laboratory Corporation of America Hits 52-Week High (LH)
Thursday, April 14, 2011 - 12:27pm | 37Laboratory Corporation of America (NYSE: LH) has hit a 52-week high in today's trading. At last check, the year-to-date performance of Laboratory Corporation of America is a gain of 7.7%.
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Alliance HealthCare Services Announces Acquisition of 24/7 Radiology for $5M
Thursday, April 14, 2011 - 9:31am | 63Alliance HealthCare Services, Inc. (NYSE: AIQ) announced the acquisition of 24/7 Radiology which provides both preliminary and final professional radiology interpretation services for MRI, CT, ultrasound, X-Ray and other imaging modalities in 18 states. The purchase price totaled $5 million in...
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Kaufman Bros Downgrades RURL To Hold
Thursday, April 14, 2011 - 6:44am | 41Analysts at Kaufman Bros downgrade Rural/Metro Corporation (NASDAQ: RURL) from “buy” to “hold.” RURL shares rose 0.06% to close at $17.03 yesterday. More Analyst Ratings here
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Quest Diagnostics Announces HSR Clearance for the Acquisition of Celera
Wednesday, April 13, 2011 - 10:39am | 68Quest Diagnostics Incorporated (NYSE: DGX) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired in connection with the $8 per share all cash tender offer by its wholly-owned subsidiary, Spark Acquisition Corporation, to...
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Morgan Keegan Raises PT On athenahealth To $55
Wednesday, April 13, 2011 - 8:10am | 27Morgan Keegan has raised the price target on athenahealth, Inc. (NASDAQ: ATHN) from $49 to $55 and maintains its Outperform rating.
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Morgan Keegan Raises Estimates, Price Target On Alliance HealthCare Services
Wednesday, April 13, 2011 - 8:02am | 154Alliance HealthCare (NYSE: AIQ) acquired U.S. Radiosurgery, a stereotactic radiosurgery provider with interests in eight facilities, for $54 million including the assumption of $11 million of debt. Through this transaction, Alliance significantly boosts the size of its radiation oncology division,...
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FDA Warning Letter Sent To Fresenius Medical (FMS)
Tuesday, April 12, 2011 - 9:37am | 133The Food and Drug Administration (FDA) has learned that your firm is marketing the Fresenius Medical Care (NYSE: FMS) North America CombiSet True Flow Series Hemodialysis Blood Tubing Set With Priming Set and Transducer Protectors, Part Numbers 03-2695-9 and 03-2795-7 (modified CombiSet) in the...
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Alliance Oncology Announces The Acquisition Of US Radiosurgery, Sees Purchase Price $43M Cash And $11M In Shares (AIQ)
Tuesday, April 12, 2011 - 9:16am | 137Alliance Oncology, a division of Alliance HealthCare Services, Inc. (NYSE: AIQ), announced today that it has acquired US Radiosurgery, LLC, a stereotactic radiosurgery provider based in Nashville, Tennessee. US Radiosurgery operates eight stereotactic radiosurgery centers in partnership with local...
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Alliance Oncology Announces the Acquisition of US Radiosurgery; Raises Full Year 2011 Guidance
Tuesday, April 12, 2011 - 9:02am | 136Alliance Oncology, a division of Alliance HealthCare Services, Inc. (NYSE: AIQ), announced today that it has acquired US Radiosurgery, a stereotactic radiosurgery provider based in Nashville, Tennessee. US Radiosurgery operates eight stereotactic radiosurgery centers in partnership with local...
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Investing for the Diabetes Epidemic (DVA, FMS, WST, BDX, RVP)
Monday, April 11, 2011 - 6:35pm | 224Sometimes we can find opportunities in sobering statistics. On a global scale, diabetes is reaching epidemic proportions with an estimated 285 million suffers worldwide. In America, nearly 24 million people are currently diagnosed and that number is expected to grow by an additional 12 million by...
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Hart-Scott-Rodino Act Waiting Period Terminated for Kindred Healthcare's Acquisition of RehabCare Group
Monday, April 11, 2011 - 5:01pm | 95Kindred Healthcare, Inc. (NYSE: KND) and RehabCare Group, Inc. (NYSE: RHB) today jointly announced that the waiting period under the Hart-Scott-Rodino Improvement Act of 1976 for Kindred's previously announced acquisition of RehabCare was terminated on April 8, 2011. On February 8, 2011, Kindred...
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One Stop Shop Model At CVS Over? (CVS)
Friday, April 8, 2011 - 1:03pm | 299It appears that CVS Caremark (NYSE: CVS) won't be CVS Caremark much longer, as the company looks like it's going forward with splitting the company in two. According to this article from Bloomberg, some shareholders think the company would be worth as much as $25 billion more if the company were...
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Healthways Awarded Contract to Expand National Chronic Disease (HWAY)
Thursday, April 7, 2011 - 4:01pm | 110Ben R. Leedle, Jr., President and CEO of Healthways (Nasdaq: HWAY), today confirmed that the company has been selected by France's Caisse Nationale d'Assurance Maladie des Travailleurs Salariés to broadly expand services for CNAMTS' Sophia program to improve health and well being for all citizens...
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Calls Purchased on Amedisys, Inc. (AMED)
Wednesday, April 6, 2011 - 2:23pm | 162Shares of Amedisys, Inc. (NASDAQ: AMED) are higher on the session by 0.30%, currently trading at $32.28. The stock has been moving largely lower over the past six weeks and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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NASDAQ Stocks Hitting 52-Week Highs (ORCH, SIFY, ODFL, LCAPA)
Wednesday, April 6, 2011 - 10:01am | 168Orchid Cellmark Inc (NASDAQ: ORCH) shares jumped 38.06% to create a new 52-week high of $2.778. Laboratory Corporation of America (NYSE: LH) announced its plans to acquire ORCH for $85.4 million or $2.80 per share, representing a 40% premium over ORCH's closing price of $2 per share on Tuesday....