Health Care Technology

Computer Programs & Systems Inc. (NASDAQ: CPSI) reports Q2 earnings of $0.39 versus estimates of $0.36. Computer Programs & Systems Inc. reports Q2 revenues of $37.7 million versus estimates of $35.43 million. Revenues increased 22.4% year over year. The company issued in-line guidance,...

Computer Programs and Systems, Inc. (NASDAQ: CPSI)Company Declares Regular Quarterly Dividend of $0.36 Per Share and announces second quarter results. Second Quarter Highlights: -- Revenues of $37.7 million; -- 12-month backlog of $120.4 million; -- Earnings per diluted share of $0.39; -- Cash...

Cerner Corp. (NASDAQ: CERN) reports Q2 earnings of $0.65 versus estimates of $0.68. Cerner Corp. reports Q2 revenues of $456 million versus estimates of $449.33 million. Bookings in the second quarter of 2010 were $467.8 million, up 19 percent from $394.0 million in the second quarter of 2009....

Allscripts-Misys (Nasdaq: MDRX) reports Q2 EPS $0.18 vs consensus of $0.17. Allscripts-Misys reports Q2 revenue $190.9 million vs consensus of $185.29 million. Revenues rose 13.9% year over year. The company said that FY 2011 EPS would come in at $0.77 to $0.79 on revenues of $780 to $790 million...

Allscripts-Misys (Nasdaq: MDRX) reports Q2 EPS $0.18 vs consensus of $0.17. Allscripts-Misys reports Q2 revenue $190.9 million vs consensus of $185.29 million. Allscripts sees 2011 adjusted EPS $0.77-$0.79 and 2011 revenue of $780 million-$790 million. The stock is currently trading at $16.50‎,...

Enabling further progression in digitized health care, the Department of Health and Human Services (HHS) of the U.S. published the final rule for Stage 1 of achieving “meaningful use” of EHRs. This rule, which is less stringent than the Notice of Proposed Rule-making (NPRM), removed uncertainties...

Tractor Supply Company (NASDAQ: TSCO) shares gained 3.09% to $65.73 at 11:29 am. The volume of TSCO shares traded was 185% higher than normal. TSCO has raised its forecasts for 2010 due to favorable weather conditions. Life Technologies Corporation (NASDAQ: LIFE) shares jumped 2.34% to $46.80. The...

Essex Property Trust Inc (NYSE: ESS) was upgraded by UBS from “sell” to “neutral.” ESS’ shares closed at $99.23 yesterday. Essex Property Trust’s trailing-twelve-month gross margin is 65.45%. Wells Fargo Securities upgraded Petroleum Development Corporation (NASDAQ: PETD) from “market perform” to “...

Stocks drop again amid weak economic data Selling has gained momentum following the May pending home sales figures, which showed a 30.0% month-over-month drop. The dramatic decline was roughly triple the size of the 10.5% slide that economists had expected, on average. That has completely...

JP Morgan analysts Atif Rahim, Lisa Gill, and Michael Minchak have initiated coverage on three revenue cycle management (RCM) providers. The existence of this industry is driven by healthcare providers who have complex revenue cycle processes. RCM providers exist because they reduce collection...

Analysts at William Blair & Co reiterate their "outperform" rating on Transcend Services Inc (NASDAQ: TRCR). According to William Blair & Co, “The management acknowledged that the industry is competitive, it is not actually seeing any price degradation in its existing business…. Management...

Shares of Eclipsys Corp. (NASDAQ: ECLP) are higher on the session by 1.59%, currently trading at $17.87. The stock has been drifting lower over the past two months and is now trading below both the 50-day and 200-day moving averages. Options traders are betting that any rally in the name will be a...

Cusick’s Corner With the Claims numbers worse than expected, the market has been holding up pretty well. This could be in part because the Euro is holding above $1.23. What is making me a little suspect of a continuation is that there was a Harami print yesterday. Take a look at the SPY day chart...

If we are supposed to be on the verge of a bear market, someone forgot to mention it to the deal makers as we once again saw seven new mergers announcements last week. We have had seven new mergers announced in three out of the four last weeks. You can use our new Merger Arbitrage Tool to view the...