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Tenet Healthcare Corp

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  • 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...

  • May 4- Hospital operator Tenet Healthcare Corp on Monday posted a net profit in the first quarter, compared with a year-ago loss, as more people with health insurance used its facilities. Tenet posted net income in the quarter of $47 million, or 47 cents a share, compared with a net loss of $32 million, or 33 cents, a year earlier. Dallas- based Tenet also confirmed its...

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Trying to explain the strange moves Wed morning Wednesday, 29 Apr 2015 | 1:14 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The really weak economic numbers—particularly the disappointing GDP—implies two trades could be coming a bit unwound.

  • What's wrong with healthcare and biotech? Monday, 27 Apr 2015 | 3:32 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Biotech, which has been a market leader all year, is weak, with both the market-cap weighted IBB and equal weighted XBI down roughly 4 percent each.

  • April 15- HCA Holdings Inc, the largest U.S. hospital operator, reported preliminary quarterly profit and revenue that beat market expectations and raised its full-year forecast, citing a rise in admissions. HCA's results are a positive indicator for what other hospital operators are likely to report, KeyBanc Capital Markets analyst Jason Gurda wrote in a...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • Stocks close lower; weaker dollar eyed Monday, 23 Mar 2015 | 4:01 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as investors looked ahead to a light week of economic reports amid some consolidation in currency and oil prices.

  • March 23- Tenet Healthcare Corp on Monday said it would become the largest U.S. provider of outpatient surgery services through a joint venture with United Surgical Partners International and expects to fully own the company within five years. Tenet, the third-largest U.S. hospital operator, said it will pay $425 million to private equity firm Welsh, Carson,...

  • Obamacare windfall: Big drop in uncompensated care Monday, 23 Mar 2015 | 3:10 PM ET
    Healthcare

    Hospitals have seen reductions in the costs of caring for the uninsured, but nowhere more so than in states that expanded Medicaid.

  • Wall Street uneasy ahead of busy data week Monday, 23 Mar 2015 | 8:25 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open on Monday, amid some dollar and oil price weakness, ahead of a busy week of data releases.

  • Early movers: Biogen, Staples, Pfizer & more Monday, 23 Mar 2015 | 8:16 AM ET
    Traders on the floor of the New York Stock Exchange.

    Take a look at some of Monday's early movers:

  • Tenet creates largest US ambulatory surgery provider Monday, 23 Mar 2015 | 7:28 AM ET
    Tenet Healthcare's medical center in Atlanta

    Tenet and United Surgical Partners will combine their surgery centers in a deal that will give Tenet the option to buy USPI over the next five years.

  • March 23- Tenet Healthcare Corp and United Surgical Partners International will combine their ambulatory and short-stay surgery centers in a deal that will give Tenet the option to buy USPI over the next five years. Tenet also said it would buy UK- based Aspen Healthcare from Welsh Carson for about $215 million in cash. USPI and Aspen are being advised by...

  • March 23- Hospital operator Tenet Healthcare Corp said it would form a joint venture with United Surgical Partners International in a cash and debt transaction valued at $1.93 billion to be the largest provider of ambulatory surgery in the United States. Dallas- based USPI is controlled by private equity firm Welsh, Carson, Anderson& Stowe.

  • Your first trade for Thursday Wednesday, 11 Mar 2015 | 6:48 PM ET

    The "Fast Money" traders give their final trades of the day.

  • NEW YORK, March 4- U.S. hospital executives said on Wednesday they were optimistic they will avoid the toughest consequences of a Supreme Court decision on whether millions of Americans can continue to purchase subsidized health benefits under Obamacare. "I am hopeful that the court will recognize and uphold the intent of Congress, which was to expand coverage...

  • *Markit, ISM services show modest growth. *Healthcare stocks rise after Supreme Court oral argument. The market had a terrific February, "said David Katz, chief investment officer at Matrix Asset Advisors, in New York.

  • WASHINGTON, March 4- The U.S. Supreme Court appeared sharply divided on ideological lines on Wednesday as it tackled a second major challenge to President Barack Obama's healthcare law, with Justice Anthony Kennedy emerging as a likely swing vote in a ruling. Conservatives Antonin Scalia and Samuel Alito asked questions sympathetic to the challengers.