Some of the names on the move ahead of the open.» Read More
Aug 9- The public battle between J.C. Penney Co and leading shareholder Bill Ackman escalated Friday with the hedge fund manager demanding the ouster of the retailer's chairman as well as the interim CEO, while Starbucks CEO Howard Schultz joined the fray urging the billionaire's removal from the board.
*Seeking to lift SEC officer and director ban. NEW YORK/ BIRMINGHAM, Ala., July 21- Freed from federal prison but still owing more than $2 billion to the company he once ran, former HealthSouth Corp Chief Executive Richard Scrushy is trying to make a comeback.
*Scrushy convicted over dealings with former Alabama governor. July 15- A federal appeals court on Monday upheld the bribery conviction of HealthSouth Corp founder and former Chief Executive Richard Scrushy, rejecting his argument that new evidence of possible juror and judicial bias warranted a new trial.
BIRMINGHAM, Ala.-- Hospital operator HealthSouth Corp. reported a smaller third-quarter profit Thursday as expenses increased, though company results still beat Wall Street expectations. HealthSouth said revenue increased 7.9 percent to $537 million as the company treated 4.2 percent more patients in the quarter.
The S&P 500 rose for a fourth session after a report suggested improvement in the labor market ahead of Friday's closely watched monthly payrolls report. The Nasdaq Composite Index gained 6.10 points, or 0.19 percent, to 3,141.40. **COLLABRX INC, $6.80, up 79.4 pct.
Oct 4- Shares of U.S. hospital operators fell after Republican nominee Mitt Romney's strong showing in Wednesday's U.S. presidential debate raised doubts about the future of President Obama' s healthcare reform. Hospital operators Tenet Healthcare Corp, HCA Holdings Inc, Healthsouth Corp and HCP Inc.
Cramer makes the call on viewers' favorite stocks.
This stock has been knocked down for the wrong reason, Cramer said.
Accused insider trader Rajat Gupta resigned yesterday from the boards of directors of AMR Corporation and its subsidiary, American Airlines, Inc.
Buy the IPO, Cramer says, because the company in an industry powerhouse.
For years pharmaceutical companies and health authorities have been trying to crack down on counterfeit prescription drugs. But on a new United Kingdom website the world's biggest drug company, Pfizer, is apparently taking the fight against knockoffs to a whole nutha level.
The promos I've been seeing on CNBC today for tonight's episode of "American Greed" took me back. Time flies, so it's hard for me to believe it was around six years ago that Birmingham, Alabama became kind of my second home for several weeks when the federal case against Richard Scrushy and HealthSouth was unfolding.
Wall Street overlooks Washington all the time. And that's your opportunity.
Some lucky companies will split up $454 billion this year. But who?
It’s the last day of 2007, which means everyone and their broker are busy with predictions for 2008, but I’d caution you in using today’s numbers from the National Association of Realtors as any basis for prediction.
I've never claimed to be an economist (just play one on TV), but I have held a few yard sales in my time, so this I know: If something isn't selling, lower the price. So how can new home sales be reportedly dropping 9 percent while the price of a new home rose month-to-month from $229,500 to $239,100?!
I'm out of the office today, but I'll be back -- and blogging -- on Wednesday. Happy Holidays!
The folks at HUD felt that my blog of yesterday left out some key points, namely, their side of the story, so I am happy to post a reply directly from them.
We reported some pretty nasty numbers from the Mortgage Bankers Association yesterday: A 51% rise in new foreclosures nationwide to the highest rate in the history of the MBA survey. And it’s a big bad number like that that is going to add more fuel to the fire in Washington among all those folks who have been bandying about the idea of some kind of government...