The "Fast Money" traders give their final trades of the day.» Read More
Check out the companies making headlines after the bell Wednesday: GoPro, Medtronic, Time Warner Cable and more.
Dec 21- U.S. stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance. Shares of Apple Inc, under pressure in December over concerns that iPhone sales could miss estimates, rose 1.23 percent and boosted major indexes. Notwithstanding Monday's...
Shares of Apple Inc, under pressure in December over concerns that iPhone sales could miss estimates, rebounded 1 percent and gave a boost to major indexes. Tenet Healthcare Corp jumped 9.5 percent and was headed for its best day since June. Universal Health Services Inc rose 3.4 percent.
Some of the names on the move ahead of the open.
U.S. stock futures were lower this morning, after November got off to a rousing start, with the Dow joining the S&P 500 and Nasdaq in positive territory for the year.
Nov 2- Hospital operators Tenet Healthcare Corp and Community Health Systems on Monday reported weaker quarterly earnings than a year ago as insurance enrollment slowed in the second year of the Affordable Care Act. Tenet, the third-largest U.S. for-profit hospital chain, posted a third-quarter net loss, while No. 2 Community Health said net profit declined 16...
Nov 2- Tenet Healthcare Corp reported a third-quarter net loss on Monday as its hospitals treated more patients without insurance coverage than a year ago. Tenet reported a third-quarter net loss of $29 million, or 29 cents a share, compared with net income of $9 million, or 9 cents, a year ago. It raised its forecast for net operating revenue to a range of $18.35...
U.S. stock futures were higher this morning, as historically-bullish November trading begins after traditionally-bearish October turned in the best month in four years.
In a letter to clients, Glenview's Larry Robbins addressed recent losses, defended his health-care positions and offered a new no-fee fund vehicle.
The "Fast Money" traders give their final trades of the day.
NEW YORK, Oct 23- The pharma sector needs more than medicine to get over its latest malaise. But the wheels began to come off the wagon the following month, when Martin Shkreli, a former hedge fund executive and the founder of Turing Pharmaceuticals, jacked up the price of an Aids drug Turing had acquired from US $13.50 per pill to US $750. Hillary Clinton, making a White...
*Caterpillar, 3 M reverse course and rise. Oct 22- The S&P 500 and the Dow rallied to nine-week highs and were poised for their best month since October 2011, on strong corporate results and cues from the European Central Bank about extending its stimulus program. European Central Bank President Mario Draghi said the bank could extend its stimulus program beyond...
Oct 22- Shares of for-profit hospital operators slumped on Thursday, a day after Community Health Systems Inc joined market leader HCA Holdings Inc in estimating weaker-than-expected results for the third quarter. Shares of Community Health were down 32 percent at $27.41, while Tenet Healthcare's stock was down 17.86 percent at $28.52 in afternoon trading.
Oct 22- U.S. stocks rallied after two days of losses, boosted by strong results from McDonald's and Dow Chemicals and hints of the European Central Bank extending its stimulus program. Shares of McDonald's jumped 6 percent to $108.67 after its quarterly earnings and revenue beat estimates as demand recovered in China. European Central Bank President Mario...
*Dow Chemicals, Southwest Airlines up after results beat. Shares of Dow component McDonald's soared 7.5 percent to $110.18 after its quarterly earnings and revenue beat estimates as demand recovered in China. Dow Chemicals rose 5.6 percent to $50.11 while Southwest Airlines rose 5.9 percent to $43.47 after the companies reported strong results.
*Dow Chemicals, Southwest Airlines up after results beat. Shares of Dow component McDonald's jumped 7.5 percent to $110.20 premarket after its quarterly earnings and revenue beat estimates as demand recovered in China. Dow Chemicals rose 4.8 percent to $49.75 premarket, while Southwest Airlines rose 2.9 percent to $42.25 after both reported strong results.
*Dow components 3 M, Caterpillar and McDonald's report results before the bell, while technology majors Microsoft, Alphabet, AT&T and Amazon are due to report after the close. *Dow Chemicals rose 3.2 percent to $49.00 premarket after its results. *Global stocks were up ahead of a policy-setting meeting by the European Central Bank.
BOSTON, Oct 2- U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month. Since then, hedge funds have had only one down year, when they lost 5.25 percent in 2011, data from Hedge Fund Research show.
Sept 21- Surgical center manager Surgery Partners Inc's initial public offering was priced at $23- $26 per share, valuing the company at up to $1.25 billion. Surgery Partners' competitors include Surgical Care Affiliates Inc, AmSurg Corp and United Surgical Partners International, which recently struck a merger deal with Tenet Healthcare Corp..
The "Halftime Report" traders give three under-the-radar trades for the second half of the day.