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EMS Beats on Revenues, Cuts Outlook - Analyst Blog
Wednesday, November 3, 2010 - 10:00am | 557Emergency Medical Services Corp. (EMS) reported an EPS of 82 cents in the third quarter of fiscal 2010, up 24.7% from 66 cents in the year-ago period. However, the EPS missed the Zacks Consensus Estimate of 85 cents. During the quarter, Emergency Medical had to incur $3 million (4 cents impact...
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BIOS Disappoints, Withdraws Outlook - Analyst Blog
Wednesday, November 3, 2010 - 10:00am | 630BioScrip Inc. (BIOS) reported an EPS of 4 cents in the third quarter of 2010, falling below both the Zacks Consensus Estimate of 9 cents and the year-ago quarter's 14 cents. However, revenues were $441.2 million, higher than the Zacks Consensus Estimate of $433 million and 32.3% above the year-...
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Deutsche Bank's Home Health Industry Report
Wednesday, November 3, 2010 - 8:09am | 427Deutsche Bank has published a research report on the Home Health Industry as 2011 is expected to be challenging for the sector due to pricing problems and administrative issues. In the report, Deutsche Bank writes "(1) 2011 final rate looks slightly worse relative to the proposed rule; the impact...
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Citi Has $5 Target On CardioNet (BEAT)
Wednesday, November 3, 2010 - 7:49am | 79Citi Investment Research has a $5 price target and a Sell rating on CardioNet, Inc. (NASDAQ: BEAT). In a research note, Citi writes, "While being granted a national reimbursement code was an important positive milestone for CardioNet, the rate was a disappointment and more importantly we believe...
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A Peek Into The Market Before The Trading Starts
Wednesday, November 3, 2010 - 7:47am | 474Pre-open movers US stock futures moved up slightly after the mid-term elections. The investors are also awaiting the decision of Federal Reserve. Futures for the Dow Jones Industrial Average rose 11 points to 11,163 and those for the S&P 500 index gained 1 point to 1,193.70. Futures for the...
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J.P. Morgan Raises Price Target On Medco Health Solutions (MHS)
Wednesday, November 3, 2010 - 7:23am | 146J.P. Morgan Chase & Co. is raising its price target on Medco Health Solutions, Inc. (NYSE: MHS) to $78 from $74 after it reported earnings yesterday. It has an Overweight rating on shares. In a note to clients, J.P. Morgan writes, "For 2010, we raised our adjusted EPS estimate from $3.38 to $3...
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Jefferies Raises Target On Medco Health Solutions (MHS)
Wednesday, November 3, 2010 - 7:16am | 90Jefferies & Co. raised its price target on Medco Health Solutions Inc. (NYSE: MHS) to $67 from $65, and has a Buy rating on shares. Jefferies writes in the research note, "MHS rallied after mgmt's FY11 guidance, which encompassed the Street consensus, reassured anxious investors that MHS's NT...
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MedcoHealth Solutions Ends Day Up 10.8% (MHS)
Tuesday, November 2, 2010 - 4:26pm | 257Shares of MedcoHealth Solutions Inc (NYSE: MHS) ended the Tuesday trading session up 10.8% at $58.00 per share. The trading range for shares of MedcoHealth Solutions Inc was between $53.60 and $58.30 per share. Analysts covering the company's stock give it a consensus price target of $65.93 per...
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Benzinga's Worst Performing Industries (ADM, ANDE, EMS, CKP, MAGS, CTDC, HEES, FCFL, TDBK)
Tuesday, November 2, 2010 - 3:27pm | 210Farm products industry is trading 5% lower in Tuesday's trading session. Archer Daniels Midland Company (NYSE: ADM) lost 6.44%, after it posted earnings results, but The Andersons, Inc. (NASDAQ: ANDE) is trading almost 2% higher. Medical practitioners industry is struggling today. It trades 2.10%...
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Benzinga's Top Performing Industries (CAB, SPCHB, SKH, FVE, LEN, BHS, MHS, TXI)
Tuesday, November 2, 2010 - 3:07pm | 220Sporting goods stores industry is the best performing industry on Tuesday, with an increase of 5.40%. In the space, Cabela's Incorporated (NYSE: CAB) trades more than 18% higher, and Sport Chalet, Inc. (NASDAQ: SPCHB) is 5.98% up. Long-term care facilities industry gained 4.30% so far, as Skilled...
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Medco Tops, Raises Guidance - Analyst Blog
Tuesday, November 2, 2010 - 12:00pm | 863Medco Health Solutions (MHS) reported an EPS of 85 cents during the third quarter of fiscal 2010, up 23.2% from the year-ago quarter's 69 cents. After adjusting for amortization of intangible assets, the company's EPS came in at 91 cents, surpassing both the Zacks Consensus Estimate of 88 cents...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Tuesday, November 2, 2010 - 11:33am | 354Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alaska Comm Sys Group Inc (ALSK) Alliance HealthCare Services Inc (AIQ) Atlantic Tele-Network Inc (ATNI) The Bank of Nova Scotia (BNS) Central Vermont Public Service Corp (CV) View the entire Zacks #5 Rank List. ALLIANCE...
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Standard & Poor's Announces Change to SmallCap 600 Index
Tuesday, November 2, 2010 - 11:13am | 59RightNow Technologies Inc. (Nasdaq: RNOW) will replace Res-Care Inc. (Nasdaq: RSCR) in the S&P SmallCap 600 index after the close of trading on Friday, November 5. Onex Corporation is acquiring Res-Care in a deal expected to be completed soon, pending final approvals and conditions.
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NASDAQ Stocks Hitting 52-Week Highs (CRVL, AKRX, MPEL, RSTI)
Tuesday, November 2, 2010 - 10:42am | 133CorVel Corp (NASDAQ: CRVL) shares reached $46.02 to create a new 52-week high, before falling to $46.01, representing a 2.20% gain. CRVL reported 24% y/y surge in its Q2 earnings. Akorn Inc (NASDAQ: AKRX) shares gained 9.68% to touch a new 52-week high of $4.87. AKRX swung to Q3 profit. Melco Crown...
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Company News for November 2, 2010 - Corporate Summary
Tuesday, November 2, 2010 - 10:30am | 647• Pfizer's (NYSE: PFE) reported third quarter earnings of $0.54, $0.03 above Zacks estimates as revenues surged 39.2% to $16.2 billion, slightly below Zacks estimates of $16.62 billion • Archer Daniels Midland (NYSE: ADM) posted fiscal first quarter earnings of $0.54, off Zacks estimates of $0.75,...