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Tenet Healthcare Corp

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  • NEW YORK, June 25- The U.S. hospital and health insurance industries breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Health economists have estimated $15 billion to $22 billion in healthcare spending was at risk with the decision.

  • US STOCKS-Wall St little changed; health stocks rally Thursday, 25 Jun 2015 | 1:38 PM ET

    *UnitedHealth biggest boost to the Dow; Eli Lilly to S&P. UnitedHealth Group jumped as much as 2.5 percent to $122.13 and was the biggest boost to the Dow. Among hospital operators, shares of Community Health Systems were up 12.6 percent at $62.28 after touching a record high of $63.36, while shares of HCA Holdings rose 8.6 percent to $90.55 and Tenet Healthcare...

  • NEW YORK, June 25- The U.S. hospital industry breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 12.8 percent at $62.33, while shares of HCA Holdings rose 8.7 percent to $90.61 and Tenet...

  • Why are 'progressives' cheering the Obamacare decision? Thursday, 25 Jun 2015 | 12:46 PM ET
    Obamacare supporters outside Supreme Court

    The Supreme Court's Obamacare decision is a big win for corporate welfare and Wall Street.

  • "After more than 50 votes in Congress to repeal or weaken this law, after a presidential election based in part on preserving or repealing this law, after multiple challenges to this law before the Supreme Court, the Affordable Care Act is here to stay," Obama said in the White House Rose Garden. Chief Justice John Roberts, a conservative appointed by Republican...

  • Supreme Court upholds federal Obamacare subsidies Thursday, 25 Jun 2015 | 12:32 PM ET
    Supporters of the Affordable Care Act celebrate after the Supreme Court up held the law, in Washington June 25, 2015.

    The Supreme Court upheld the use of federal financial aid for more than 6 million people enrolled in health insurance through HealthCare.gov.

  • Hospital stocks leap after Supreme Court backs overhaul Thursday, 25 Jun 2015 | 11:51 AM ET

    Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama's health care overhaul and eliminated the prospect of a sudden influx of uninsured patients seeking care. Shares of big hospital operators like HCA Holdings Inc. and Tenet Healthcare Corp. surged after the court announced a decision that...

  • Obamacare decision spurs health care rally Thursday, 25 Jun 2015 | 11:34 AM ET
    Television interns and producers run to their reporters after a court decision was released at the U.S. Supreme Court June 22, 2015 in Washington, DC. his week the high court is releasing several decisions and are expected to hand down its ruling on gay marriage and Obamacare subsidies by the end of the week.

    Here's why the Supreme Court ruling is great news for hospitals and medical equipment companies.

  • NEW YORK, June 25- U.S. hospital shares surged, with several hitting all-time highs, and other healthcare names rallied on Thursday after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 9.3 percent at $60.44 after earlier touching a record high of...

  • June 25- Wall Street rose on Thursday after consumer spending recorded its largest increase in nearly six years and the U.S. Supreme Court backed Obamacare, boosting healthcare stocks. The S&P 500 healthcare index rallied as much as 0.85 percent after the Supreme Court upheld the nationwide availability of tax subsidies for the implementation of President...

  • Health care stocks surge as investors cheer ruling Thursday, 25 Jun 2015 | 10:42 AM ET
    Protesters outside the Supreme Court on March 4, 2015.

    See how major health care industry stocks are responding to the Supreme Court's Obamacare ruling.

  • U.S. hospital, health shares rally after Obamacare ruling Thursday, 25 Jun 2015 | 10:31 AM ET

    NEW YORK, June 25- U.S. hospital shares rallied broadly while health insurers also gained on Thursday after the U.S. Supreme Court upheld the nationwide availability of tax subsidies for the implementation of President Barack Obama's signature healthcare law. Among hospitals, shares of HCA Holdings rose 8.6 percent to $90.46 while shares of Community Health...

  • Obama health care law survives second Supreme Court fight Thursday, 25 Jun 2015 | 10:12 AM ET

    WASHINGTON— The Supreme Court sent a clear message Thursday that President Barack Obama's health care overhaul is here to stay, rejecting a major challenge that would have imperiled the landmark law and health insurance for millions of Americans. The 6-3 ruling, which upheld financial aid to millions of low- and middle-income Americans to help pay for...

  • Asian stocks fall on Greek standoff, China margin curbs Thursday, 25 Jun 2015 | 4:04 AM ET

    NEW YORK— Stocks edged lower Thursday as talks over keeping Greece solvent stalled and got extended into the weekend. But that momentum was soon lost and Greece worries turned the market lower in the early afternoon. The bitter standoff between Greece and its international creditors was extended into the weekend, days before Athens has to meet a crucial debt...

  • With deals afoot, Obamacare haunts health stocks Sunday, 21 Jun 2015 | 11:16 AM ET
    Obamacare supporters outside Supreme Court

    If the Supreme Court invalidates Obamacare subsidies for millions, analysts say health-system profits could take a hit.

  • WASHINGTON— Jeb Bush's deep dive into corporate America, where he served on the boards or as an adviser to more than a dozen companies, could trigger complications for him if he wins the White House. Companies that paid Bush as a board member or adviser regularly hire lobbyists to press issues in Washington before federal agencies, the House, Senate and White House,...

  • NEW YORK, June 12- Investors are betting that the healthcare sector's strong run will not be held back for long even if the U.S. Supreme Court rules against the Affordable Care Act. "Option activity over the last few weeks in hospital stocks suggests that the options market is betting on a post- Supreme Court decision rally," said Anshul Agarwal, equity derivative...

  • Early movers: TGT, PRU, CL, NFLX, AAPL & more Wednesday, 10 Jun 2015 | 7:51 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • For the first quarter, Franklin, Tennessee- based Community Health reported net income of $79 million, or 68 cents a share, compared with a net loss of $112 million, or $1.05 cents a share, a year earlier. Competitors HCA Holdings Inc, the nation's largest hospital operator, and No. 3 Tenet Healthcare Corp this week both posted results that were boosted by growth in...

  • Early movers: MDLZ, TSLA, ODP, BLMN & more Tuesday, 5 May 2015 | 8:14 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.