Some of the names on the move ahead of the open.» Read More
*Indexes up: Dow 1 pct, S&P 0.9 pct, Nasdaq 1 pct. NEW YORK, Sept 26- U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.
NEW YORK— Hospital operator Universal Health Services said Friday it acquired Cygnet Health Care of the U.K. for $335 million. Universal Health Services Inc. had $7.28 billion in net revenue in 2013..
Sept 26- Universal Health Services Inc said it bought British mental health facilities operator Cygnet Health Care Ltd in a deal valued at about $335 million, to enter the UK market. The U.S. hospital operator said Cygnet had 17 facilities across the UK.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. BRT Realty Trust: Approximately 182,700 shares changed hands, a 1,173.8 percent increase over its 65- day average volume. The shares rose$. 13 or 1.7 percent to $7.67.
CHICAGO, July 31- U.S. hospitals are getting a stronger-than-expected benefit from a new influx of low-income patients whose bills are paid by the government's Medicaid program, raising their profit forecasts as a result.
It's hard to find investors and analysts who aren't bullish on health care. But how does the prognosis look for the rest of the year?
Companies in the news after Thursday's bell:
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
Obamacare "defies the whole concept" of its intended purpose to make health insurance more affordable for more people, billionaire entrepreneur Ken Langone told CNBC.
Having millions more insured could be a game changer for hospitals, especially those with large emergency departments.
Alan Miller, chairman, president & CEO, Universal Health Services, discusses the economy and concerns people have over co-pays and getting medical care. Those concerns have dampened utilization, he says. People are putting off elective procedures.
The Obama administration's dramatic delay of the new health care law's effect on larger businesses could save jobs in the short-term, but is unlikely to lead to a big hiring boom.
Obamacare's implementation may look like a "train wreck," but Universal Health Services CEO Alan Miller says his $7 billion hospital company is well-positioned for the changes.
Stocks finished near session highs Monday, with the S&P 500 setting a record close and the Nasdaq ending at its best level since November 2000, following a better-than-expected pending home sales report and after Italy's new prime minister named his cabinet over the weekend.
Shoot me now: Austerity is bad for your health. Really. Is it any wonder that growth stimulus is back on the table in Europe?
Some of the names on the move ahead of the open.
NEW YORK-- A Raymond James analyst lowered his third-quarter estimates for three hospital operators on Tuesday, saying it looks like patient admissions will be lower than he expected.
Oct 11- Universal Health Services Inc:. *Barclays starts Universal Health Services Inc with overweight rating;. Reuters Station users, click. 1568.
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.