Trevor Fetter, Tenet Healthcare president and CEO, discusses the benefits of acquiring Vanguard Health after the passing of the Affordable Care Act.
Even with rising interest rates, the stock market is a great place to be for long-term investors, Glenview Capital CEO Larry Robbins told CNBC.
Stocks closed in the red but well off their session lows Monday, as Treasury prices rose in choppy trading following comments from some Fed policymakers that downplayed worries over the end to the central bank's bond-buying program.
The $1.8 billion deal for Vanguard Health Systems is not the last major acquisition Tenet Healthcare will make, the company's CEO Trevor Fetter told CNBC.
After striking a $1.8 billion deal to purchase Vanguard Health Systems, Tenet's CEO Trevor Fetter said the company will be "more aggressive with acquisitions."
Check out which companies are making headlines before the bell on Monday:
U.S. stock index futures were sharply lower Monday, after a sharp global selloff in the previous week, amid worries the Federal Reserve's stimulus measures may be winding down and a possible cash crunch in China.
Tenet Healthcare is buying Vanguard Health Systems for about $1.8 billion, helping to expand its service offerings and broaden its geographic reach.
Some of the names on the move ahead of the open Tuesday:
Dizzying market volatility put a damper on the IPO market, as an increasing number of companies drop off the public offerings calendar or see their prices slashed.