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Discussions Continue on ResCare Acquisition Proposal (RSCR)
Wednesday, September 1, 2010 - 4:53pm | 120ResCare, Inc. (Nasdaq: RSCR) announced that discussions between a special committee of independent ResCare directors and Onex Corporation are continuing as the committee evaluates the acquisition proposal from Onex announced on August 16, 2010. The board of directors cautions ResCare's shareholders...
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Does Deere (NYSE:DE) Have Wind in its Sails?
Wednesday, September 1, 2010 - 10:30am | 1846A couple of weeks ago, we took a look at Deere & Co. (NYSE:DE) the day before its earnings report and outlined option strategies investors could use whether they expected positive or negative results. As it turned out, DE surprised to the upside (by 22 cents, no less) and still moved lower...
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EMS May Win Tacoma Contract, Santa Clara Still Up For Grabs
Wednesday, September 1, 2010 - 9:55am | 106Emergency Medical Services Corporation (NYSE: EMS) could prove victorious over a potential contract win in Tacoma, WA, while the Santa Clara contract remains up for grabs. EMS's strong balance sheet well positions AMR Corporation (NYSE: AMR) and at 6.4x EBITDA, EMS remains a Buy rating, according...
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AMN Healthcare Completes the Acquisition of Medfinders (AHS)
Wednesday, September 1, 2010 - 9:15am | 102AMN Healthcare Services, Inc. (NYSE: AHS) announced the completion of the acquisition of the parent company of Arlington, Texas-based Nursefinders, Inc.. Medfinders also provides local and travel nurse and allied staffing, locum tenens, physician search services, and home healthcare services. At...
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Cross Country Healthcare to Present at CL King Best Ideas Conference (CCRN)
Wednesday, September 1, 2010 - 9:07am | 51Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to make a presentation on Wednesday, September 15, 2010, at 9:30 a.m. Eastern Time at the CL King Best Ideas Conference being held at the Omni Berkshire Place Hotel in New York City.
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Omnicare Acquires of Continuing Care Rx (OCR)
Wednesday, September 1, 2010 - 8:18am | 28Omnicare, Inc. (NYSE: OCR) today announced it has acquired Continuing Care Rx. Financial terms of the agreement were not disclosed.
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S&P Waffles Around Key 1050 Level 08-31-2010
Tuesday, August 31, 2010 - 7:13pm | 862Cusick’s Corner The market waffled around key S&P support-resistance levels of 1050 and remains under pressure due to the uncertainty over the data that’s coming out during the rest of the week. One factor potentially holding this market up today may be a byproduct of a little end-of-the-...
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Bulls buy Omnicare (NYSE:OCR) call spreads, Saks (NYSE:SKS) puts active on takeover buzz
Tuesday, August 31, 2010 - 3:41pm | 1562The OptionsHouse Hotlist scans unusual option volume during the trading day. This tool is available to all OptionsHouse customers, including those with virtual trading accounts. Omnicare, Inc. (NYSE:OCR) is modestly higher today, keeping pace with the broader market. An enthusiastic spread trader...
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Lagging Sectors That Need More Momentum 08-31-2010
Tuesday, August 31, 2010 - 2:52pm | 790Cusick’s Corner The market has held up this Midday with the help from a better than expected 53.5 Consumer Confidence number, in spite of a strong push back to the 1040 level earlier in the session. We are waiting for the dissection of the latest Fed minutes, but after the action yesterday on...
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Calls Purchased on RehabCare Group (RHB)
Tuesday, August 31, 2010 - 11:02am | 129Shares of RehabCare Group, Inc. (NYSE: RHB) are lower on the session by 0.42%, currently trading at $16.43. The stock has been moving largely lower over the past six months, off from recent highs near $31.50. Options traders are betting that the stock is at a short-term bottom and are buying calls...
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Fresenius to Add Gambro's PD Unit - Analyst Blog
Friday, August 27, 2010 - 1:06pm | 456Germany-based Fresenius Medical Care (FMS), the world’s largest provider of services for dialysis patients, recently announced that it has entered into an agreement with Stockholm-based Gambro AB to purchase the latter’s global peritoneal dialysis (PD) business. Gambro is a global medical...
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Top 4 Stocks In The Consumer Services Industry With The Highest ROE (UTA, NTRI, CTRP, EMS)
Friday, August 27, 2010 - 4:54am | 144Below are the top consumer service stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Universal Travel Group (NYSE: UTA) is 26.52%. UTA’s quarterly revenue jumped 99.60% y/y. The trailing-twelve-month return on equity at NutriSystem Inc (...
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Healthways Partners MedNetworks - Analyst Blog
Thursday, August 26, 2010 - 2:36pm | 439Healthways Inc. (HWAY) recently announced a new relationship with MedNetworks Inc., a company offering functional know-how to map, analyze, and activate social networks. Its knowledge-base was primarily developed by Professor Nicholas Christakis of Harvard University. MedNetworks has sole...
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Benzinga’s Volume Movers (MNTA, HAIN, BRLI, PAAS)
Thursday, August 26, 2010 - 1:29pm | 186Momenta Pharmaceuticals Inc (NASDAQ: MNTA) shares moved up 4.15% to $16.33 at 12:25 pm. The volume of MNTA shares traded was 306% higher than normal. US District Judge Emmet Sullivan had denied the issuance of a preliminary injunction, after Sanofi requested to block the generic version of Lovenox...
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RBS Initiates FMS With Buy
Thursday, August 26, 2010 - 6:26am | 44Analysts at RBS initiate coverage of Fresenius Medical Care AG & Co (NYSE: FMS) with a "buy" rating. FMS’ shares rose 2.25% to close at $57.76 yesterday. More Analyst Ratings here