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Delta Air Lines stock headed higher despite a strong run-up, Argonaut Capital's David Gerstenhaber says.
NEW YORK, Nov 7- U.S. stocks were little changed on Friday as gains in energy shares were offset by falling healthcare stocks, in the wake of October payrolls data that indicated economic resilience in the face of slowing global demand. The unemployment rate fell to 5.8 percent, the lowest since July 2008, even as more people entered the labor force.
WASHINGTON, Nov 7- The U.S. Supreme Court agreed on Friday to hear a legal challenge to a key part of the Obamacare health law that, if successful, would limit the availability of federal health insurance subsidies for millions of Americans. The plaintiffs have appealed a July ruling by the 4th U.S. Circuit Court of Appeals that upheld the subsidies.
Want to know what's giving health stocks confidence in profit forecasts? Like it or not, it's the Affordable Care Act, aka Obamacare.
Oct 28- HCA Holdings Inc, the largest U.S. hospital operator, on Tuesday announced a deal to acquire a Dallas- based provider of urgent-care services and said its board authorized the repurchase of up to $1 billion of its outstanding shares. HCA said its third-quarter net income rose to $518 million, or $1.16 a share, compared with $365 million, or 79 cents a share, a...
Oct 16- UnitedHealth Group Inc said on Thursday that patients had used medical services at low rates in the third quarter, easing worries among investors that higher admissions reported by hospitals would cost insurers more than they planned. UnitedHealth reported a net profit increase that beat Wall Street expectations and described medical use as "...
All of Cramer's fantasy stock picks are now in one place. And his player picks are here, too. Well, what are you waiting for!!!
The dynamics in the market are changing. And Cramer says investors need to change, accordingly.
Aug 7- Blackstone Group LP, KKR& Co LP and TPG Capital LP have agreed to settle a U.S. lawsuit accusing them of conspiring not to outbid each other and other buyout firms on takeovers of companies, a person familiar with the matter said.
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.
July 30- U.S. health insurer Humana Inc reported a lower profit owing to higher costs on Wednesday, as mounting concerns about increased medical spending drove health insurance industry shares lower for a second straight day.
July 29- Aetna Inc, the third-largest U.S. health insurer, reported a rise in medical costs on Tuesday, raising investor concerns that a long run of low growth in such costs might be ending and pushing shares in the industry lower.
*Post-tax Q2 ENI per unit of 62 cents vs Street view of 65 cents. NEW YORK, July 24- Private equity firm KKR& Co LP said on Thursday that its second-quarter earnings more than tripled year-on-year, close to most analysts' expectations, as a string of lucrative asset sales led to its highest dividend on record.
*Post-tax Q2 ENI per unit of 62 cents vs Street view of 50 cents. KKR said post-tax economic net income per adjusted unit was 62 cents in the second quarter, up from 18 cents a year ago and higher than the 50 cents average forecast by analysts in a Thomson Reuters poll.
Some of Wednesday's midday movers:
Larry Robbins' big idea for companies is debt—loads of debt at a time when rates are still low but ready to rise.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Next year is an election year. There is little chance of a big tax increase, or a government shutdown or debt crisis.
Take a look at Tuesday's midday movers:
Having millions more insured could be a game changer for hospitals, especially those with large emergency departments.