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Deutsche Bank Raises PT on CERN, QSII
Wednesday, July 13, 2011 - 4:51am | 42Deutsche Bank has changed the price targets on the following companies: Cerner (NASDAQ: CERN) Hold, PT From $58 to $59.50 Quality Systems (NASDAQ: QSII) Hold, PT from $84.50 to $86
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Piper Jaffray Reiterates Underweight and PT of $11 on MedAssets
Tuesday, July 12, 2011 - 5:25am | 47Piper Jaffray reiterated its Underweight rating on MedAssets (NASDAQ: MDAS). At the same time, the rating agency left its price target on the company's stock unchanged at $11. On Monday, MDAS lost 2.14% of its value to finish the day at $13.69.
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MGT Capital Investments, Inc. Establishes Special Committee to Launch Investigation
Monday, July 11, 2011 - 1:06pm | 187MGT Capital Investments (NYSE: MGT) announced today that its Board of Directors has established a special committee to investigate potential misappropriation and/or misdirection of Company funds. MGT's majority-owned subsidiary, Medicsight PLC (London AIM: MDST), has also launched a similar...
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Benzinga's Top Upgrades
Friday, July 8, 2011 - 7:05am | 126Analysts at Robert W. Baird upgraded MedAssets Inc (NASDAQ: MDAS) from “neutral” to “outperform.” MedAssets' shares closed at $13.36 yesterday. MedAssets' PEG ratio is 0.55. Analysts at Ticonderoga upgraded TJX Companies Inc (The) (NYSE: TJX) from “neutral” to “buy.” TJX's shares closed at $54.99...
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Options Brief: Cerner Corporation
Wednesday, July 6, 2011 - 10:30am | 81Shares of Cerner Corporation (NASDAQ: CERN) are higher on the session by 0.67%, trading at $63.42. Overall put volume is now running at 18.64x the daily average, with 15% of all puts traded being purchases on the offer. 4,176 contracts have traded on the session so far. Cerner Corporation is a...
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Benzinga's Volume Movers
Tuesday, July 5, 2011 - 9:42am | 160Immucor Inc (NASDAQ: BLUD) shares surged 30.20% to $26.99 at 10:40 am. The volume of BLUD shares traded was 8296% higher than normal. BLUD agreed to be bought by TPG Capital in a deal worth $1.97 billion or $27 per share in cash. Transglobe Energy Corp (NASDAQ: TGA) shares moved up 8.34% to $12.47...
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Oppenheimer Reiterates Outperform and PT of $21 on MedAssets
Thursday, June 30, 2011 - 8:52am | 43Oppenheimer reiterated its Outperform rating on MedAssets (NASDAQ: MDAS). At the same time, Oppenheimer left its price target on the company's stock unchanged at $21. In today's trading, MedAssets added 0.04% to its value to trade around $13.20.
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West Penn Allegheny Health System Expands Agreement With Allscripts
Thursday, June 30, 2011 - 8:03am | 53West Penn Allegheny Health System today announced it has expanded its relationship with Allscripts (NASDAQ: MDRX), awarding the company a multi-year contract to provide its full suite of clinical, financial and physician solutions and services for its hospitals, clinics, physician practices and...
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Deutsche Bank Updates 6/29/11
Wednesday, June 29, 2011 - 6:59am | 829Deutsche Bank made a number of updates in a research report published today. Legg Mason (NYSE: LM) had its rating upgraded from Hold to Buy. At the same time, its price target was raised from $36 to $38. On Tuesday, Legg Mason added 0.5% to its value to end the day at $31.94....
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Top 4 NASDAQ Stocks In The Healthcare Information Services Industry With The Highest Operating Margin
Wednesday, June 22, 2011 - 11:18pm | 128Below are the top healthcare information services stocks on the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Quality Systems Inc (NASDAQ: QSII) is 26.63%. QSII's ROE for the same period is 29.84%. The trailing-twelve-month operating margin at Computer...
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Uninspired 06-22-2011
Wednesday, June 22, 2011 - 5:56pm | 871Cusick's Corner Uninspired - that's the type of action that we saw slipping into the evening. The Fed Chief spoke and the market held then pulled off in the last hour. This also coincided with the strength in the Dollar, DXU11 75.25, bouncing off the 21-Day Moving Average and the highest volume...
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Will Medical Records Firm Cerner Help Investors File Away Gains?
Wednesday, June 22, 2011 - 11:51am | 77Today we're going to look at Cerner (CERN). It develops records management and financial software for health care providers. And it's been holding up pretty well during the market correction. Earnings growth hasn't been huge, but it's been steady, ranging from 16% to 27% during the past five...
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Will Medical Records Firm Cerner Help Investors File Away Gains?
Wednesday, June 22, 2011 - 11:00am | 70Today we're going to look at Cerner (CERN). It develops records management and financial software for health care providers. And it's been holding up pretty well during the market correction. Earnings growth hasn't been huge, but it's been steady, ranging from 16% to 27% during the past five...
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Merger Arbitrage Mondays – June 20, 2011
Monday, June 20, 2011 - 3:08am | 4958Merger activity increased last week with seven new deals announced and six closing. This spike in deals announced follows a temporary lull in the week prior where no new deals were announced. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates...
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Merge Healthcare Announces Offering of $52 Million Senior Secured Notes
Wednesday, June 15, 2011 - 9:16am | 199Merge Healthcare Incorporated (NASDAQ: MRGE) announced today that it intends to offer $52 million aggregate principal amount of 11.75% Senior Secured Notes due 2015. The new notes are being offered as additional debt securities under an indenture pursuant to which Merge previously issued $200...