U.S. Markets closed

Phoenix Center for Rehabilitation and Pediatrics Joins the Philosophy Care Group

Philosophy Care Group is pleased to announce that the Phoenix Center for Rehabilitation and Pediatrics is now part of the Philosophy Care family of quality healthcare facilities.

This exciting new development brings Philosophy Care’s decades of experience in nursing and pediatric care to the New Jersey area and marks the beginning of a trusted new partnership with families throughout the entire region.

Additionally, the facility will now be part of the famed Pathways Pediatric Care Network, bringing 5-star quality care to its residents and families. This partnership will begin with a facility-wide program to adopt best practices and oversight to every facet of its pediatric operation. Notably, this will include major renovations to resident rooms and public spaces and strict quality control measures to its nursing program.

Daniel Schaffer, Executive Vice President of Philosophy Care Group, succinctly sums up his vision for the future, "We are so gratified to see such a positive welcome from the community and local healthcare providers at the news of this new partnership. We look forward to bringing a new era of pediatric care to the entire New Jersey community. Great changes are coming to the Phoenix Center!"

About Philosophy Care

Philosophy Care is a Long Island based company with Skilled Nursing Facilities located throughout NY and NJ. Philosophy’s Team is comprised of compassionate individuals with years of experience and expertise in long term care. Our mission at Philosophy Care is to provide individualized, patient-focused care, centered around complete physical, and emotional wellbeing. Each facility within the Philosophy network maintains a progressive approach, empowering each and every resident to live and recover fully, with dignity and respect.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200122005742/en/

Contacts

Philosophy Care
Samantha Mastro
SVP Business Operations
samanthamastro@philosophycare.com
917-715-3503

  • Business
    Fox Business

    Want to become a Chick-fil-A operator? Here's how much it costs

    How much does it cost to open your own Chick-fil-A franchise? Proof that you're a self-starter with a good personal finance track record -- and $10,000. Chick-fil-A, the nation's top fast-food chain, relies on a franchise business model.

  • If you could buy only one stock for 5G and artificial intelligence exposure, this would be it
    Business
    MarketWatch

    If you could buy only one stock for 5G and artificial intelligence exposure, this would be it

    During the California gold rush, many miners went bankrupt. Most investors recognize that the gold rush is on in 5G and artificial intelligence. The picks and shovels for the present-day gold rushes are semiconductors.

  • Roku, Inc. Just Released Its Yearly Results And Analysts Are Updating Their Estimates
    Business
    Simply Wall St.

    Roku, Inc. Just Released Its Yearly Results And Analysts Are Updating Their Estimates

    Revenues came in at US$1.1b, in line with forecasts and the company reported a statutory loss of US$0.52 per share, roughly in line with expectations. Following the result, analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what analysts' statutory forecasts suggest is in store for next year.

  • Kroger stock soars after Buffett’s investment
    Business
    American City Business Journals

    Kroger stock soars after Buffett’s investment

    Kroger Co.'s stock soared in after-hours trading Friday following the disclosure that famed investor Warren Buffett's Berkshire Hathaway conglomerate has made a huge investment in the supermarket giant's stock. Omaha, Neb.-based conglomerate Berkshire Hathaway bought a new position of 18.9 million shares of Kroger (NYSE: KR) stock during the fourth quarter, according to a Securities and Exchange Commission filing late Friday.

  • News
    Barrons.com

    The Secure Act Requires Your 401(k) Statement to Show Monthly Retirement Income. You Could Be in for a Surprise.

    Translating the nebulous balance on a 401(k) statement into an estimated monthly income in retirement can be challenging, leaving workers unsure whether they're on the right track or need to step up their contributions. A small provision in the Secure Act, signed into law in December to help Americans save for retirement, aims to remove some of that uncertainty. The law requires employers offering 401(k) plans and similar plans to show employees not just the total balance in their account but also a projected monthly income in retirement based on that balance.

  • China Says Coronavirus Cases Rise to 70,548, Deaths Hit 1,770
    World
    Bloomberg

    China Says Coronavirus Cases Rise to 70,548, Deaths Hit 1,770

    China said the death toll from the coronavirus rose to 1,770, while the province at the epicenter of the outbreak reported 1,933 new cases. Meanwhile, Hong Kong is facing “tsunami-like” shocks, and may incur a record budget deficit in the next fiscal year as the city counts the costs of the coronavirus outbreak after months of social unrest, Financial Secretary Paul Chan said. Tom Mackenzie and Yvonne Man report on "Bloomberg Markets: China Open."

  • Here’s how one ‘black swan’ investor is protecting his $5 billion fund against a market crash that ‘won’t be pretty’
    Business
    MarketWatch

    Here’s how one ‘black swan’ investor is protecting his $5 billion fund against a market crash that ‘won’t be pretty’

    “Really explosive downside protection is really the only risk mitigation that's able to move the needle for people, because it's the only risk mitigation that doesn't cost you as you are waiting for it to happen,” Spitznagel said. In other words, his fund provides crash insurance so his clients can take on more “systemic risk” with their other investments. Spitznagel, a former trader, is a protégé of Nassim Nicholas Taleb, the author of the 2007 bestseller, “The Black Swan,” which is a metaphor used to describe unpredictable, highly disruptive events — the kind that could blow up markets.

  • Dow Jones Futures: Walmart Earnings Due, 3 IPOs Near Buys; Warren Buffett Stock Set To Break Out
    Business
    Investor's Business Daily

    Dow Jones Futures: Walmart Earnings Due, 3 IPOs Near Buys; Warren Buffett Stock Set To Break Out

    Dow Jones futures rose modestly Monday afternoon, along with S&P 500 futures and Nasdaq futures, after the stock market rally kept running last week. Walmart, Medtronic and InMode report earnings Tuesday. U.S. stock markets are closed for the Presidents Day holiday.

  • Business
    Barrons.com

    The Stock Market Is Up About 5% Through Presidents Day. Here’s What Happens Next.

    The average S&P return from the beginning of the year through Valentine's Day over the past 40-plus years is close to 2%. Stocks, for one thing, are a little expensive. Does a good start paired with high valuation mean stocks stagnate from here, drop significantly or keep going up?

  • Business
    Barrons.com

    Tennessee’s Treasury Sold GE, GM, and Verizon Stock. Here’s What It Bought.

    The Tennessee Department of Treasury made some big changes in its stock investments in the last quarter of 2019. The department, which manages all of the state's investments, including its pension fund, reduced investments in (GE) (ticker: GE), General Motors (GM) and (VZ) Communications stock (VZ) in the fourth quarter. Tennessee's treasury also bought more (WMT) stock (WMT).

  • Huawei Scare Pushes Carriers to Tackle Dominance of 5G Suppliers
    Business
    Bloomberg

    Huawei Scare Pushes Carriers to Tackle Dominance of 5G Suppliers

    Companies including Deutsche Telekom AG and Vodafone Group Plc have decided to combine separate projects to develop a more standardized, flexible network architecture that would make it easier for carriers to use products from multiple vendors, according to people familiar with the matter. Under the plans, the O-RAN industry alliance, backed by Deutsche Telekom and AT&T Inc. among others, will align its work with the Telecom Infra Project, which was started by Facebook Inc.

  • These 3 Chip Giants Keep Hitting New Highs: Are They Still Buys?
    Business
    TipRanks

    These 3 Chip Giants Keep Hitting New Highs: Are They Still Buys?

    To watch Steve's track record, click here) AMD's recent sharp gains have pushed the stock's share price well above the average price target, and analysts have not yet readjusted their outlook. As Steves' double target upgrade show, events in the chip industry are moving quickly. AMD's Moderate Buy consensus rating is based on mixed reviews, and includes 11 Buy and 13 Holds.

  • 2 “Strong Buy” Healthcare Stocks with Over 100% Upside Potential
    Business
    TipRanks

    2 “Strong Buy” Healthcare Stocks with Over 100% Upside Potential

    Naturally, the research should include what the pros on the Street think about a company's long-term growth narrative. Using TipRanks' Stock Screener, we've dug up two healthcare stocks that look especially promising. While each one is unique, the tickers have two things in common: all have room for upside of more than 100%, and what's more, each one currently boasts a “Strong Buy” consensus rating from the Street.

  • Millennial debt is rising in these U.S. cities
    Business
    Yahoo Money

    Millennial debt is rising in these U.S. cities

    Millennials living in certain U.S. metro areas are seeing increases in non-mortgage debt, according to a study by LendingTree, at a time when Americans' debt is hitting record highs. Auto debt and student loans account for the biggest portion of non-housing debt for millennials, the generation born between 1981 and 1996. A 2019 report by the New York Fed found that millennials have the worst delinquency rates when it comes to auto loans, and outstanding student debt currently stands at $1.6 trillion spread across 44 million borrowers.

  • Business
    Bloomberg

    Bezos Says He’ll Commit $10 Billion to Fight Climate Change

    Bezos is starting with $10 billion and will begin to issue grants in a few months. “It's going to take collective action from big companies, small companies, nation states, global organizations and individuals,” he said Monday in a post on Instagram. Bezos, the world's richest person, is under pressure to balance Amazon's need to deliver goods quickly with the environmental consequences of the rapid growth of online shopping.

  • Business
    Bloomberg

    Musk’s SpaceX Launches Fifth Batch of Starlink Satellites

    A SpaceX Falcon 9 rocket rumbled aloft from Cape Canaveral Air Station in Florida at roughly 10:05 a.m. local time and the satellites successfully deployed. Gywnne Shotwell, SpaceX's president and chief operating officer, said earlier this month that SpaceX will likely spin out Starlink and sell shares to the public. Starlink would beam down relatively high-speed data from its network of satellites orbiting the Earth.

  • Steyer on Electric Vehicles in America
    Business
    WSJ

    Steyer on Electric Vehicles in America

    At the Moving America Forward forum in Las Vegas on Sunday, Tom Steyer said that instead of the government subsidizing the production of electric vehicles, he believes it is more likely, “the government ends up buying back polluting vehicles so people can go and buy cleaner vehicles without loss. ” Photo: AP

  • Pete the Planner: I owe $15K on my credit cards at 69 and haven't told my husband. What now?
    News
    USA TODAY

    Pete the Planner: I owe $15K on my credit cards at 69 and haven't told my husband. What now?

    Generally, a person can make a bet like you made when they have plenty of cash flow or plenty of savings. Again, I'm confident this was your scenario, because if this was about an involuntary emergency, your husband would be in the know. If you're able to solve the debt problem, you need to ensure you never make this same mistake again.

  • U.S. weighs blocking GE engine sales for China's new airplane - sources
    Business
    Reuters

    U.S. weighs blocking GE engine sales for China's new airplane - sources

    The potential restriction on the engine sales - possibly along with limits on other components for Chinese commercial aircraft such as flight control systems made by Honeywell International Inc - is the latest move in the battle between the world's two largest economies over trade and technology. The issue is expected to come up at an interagency meeting about how strictly to limit exports of U.S. technology to China on Thursday and at another meeting with members of President Donald Trump's Cabinet set for Feb. 28, sources said. The White House and the U.S. Commerce Department, which issues licenses for such exports, declined to comment, as did a GE spokeswoman.

  • World
    Financial Times

    Coronavirus fears force China into mass chicken cull

    China is to begin importing live chickens from the US as feed shortages due to the coronavirus force poultry farms in the world's second-biggest economy to start culling millions of young birds. The culling of poultry follows the mass slaughter of pigs in China due to African swine fever over the past year and threatens to worsen a protein shortage in the country that has sparked rising inflation and soaring meat prices. “There is no question China's chicken population will fall sharply in the coming months,” said Qiu Cong of Jinghai Poultry Industry Group, a leading chicken producer.

  • Business
    Financial Times

    Indian IT industry head accuses US of discrimination over worker visas

    p India's largest IT industry group has accused Donald Trump's government of discriminating against Indian workers seeking H-1B visas, as it embarks on a last-ditch lobbying effort ahead of the president's visit to India this month. p Debjani Ghosh, president of the National Association of Software and Services Companies, has asked to meet Mr Trump's delegation when it comes to India on February 24.

  • Business
    Financial Times

    US solar industry powers ahead as investors back batteries

    Solar power is no longer confined to daylight hours. Thanks to a wave of investment, solar farms across the US are increasingly being built with industrial-scale battery packs on site so that noontime surpluses can be stored for release in the evening hours when people come home to switch on lights, appliances and air conditioners. Fund managers, power producers, utilities and energy-hungry tech companies are among those making big financial commitments to “solar-plus-storage” projects, introducing a helpful cushion for America's finely balanced electricity markets and easing the way for a sharp rise in renewable generation.

  • Business
    Reuters

    Pier 1 files for Chapter 11 bankruptcy protection

    Home decor and furniture retailer Pier 1 Imports Inc on Monday said it had filed for bankruptcy protection and was pursuing a sale, a month after it warned of its ability to continue as a going concern in a tough retail environment. The company is the latest retailer struggling in a market dominated by e-commerce giant Amazon.com Inc and other retail stalwarts like Walmart Inc, and had announced plans last month to close up to 450 stores and cut jobs. Pier 1 said it had received a commitment of about $256 million in debtor-in-possession financing from Bank of America, Wells Fargo National Association, and Pathlight Capital LP.

  • Best Tech Stocks To Buy And Watch Now: 5 Top Stocks Leading The Market
    Business
    Investor's Business Daily

    Best Tech Stocks To Buy And Watch Now: 5 Top Stocks Leading The Market

    Top tech stocks now include four stocks in the software sector — Square, Atlassian, Fortinet and Coupa Software — as well as chip stock Inphi. Inphi is a member of Leaderboard. Finding The Best Tech Stocks To Buy And Watch Screening for the best tech stocks to buy and watch is as easy as looking at the MarketSmith Growth 250, a daily screen of high-quality stocks.

  • Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategist
    Business
    MarketWatch

    Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategist

    The S&P 500 (SPX) , for instance, has registered 12 record-high closes this year, climbed in 15 out of the last 19 weeks, and is up 23% from its 52-week low. The S&P 500 has gained 22% over 12 months, compared with just 8% growth for the Russell 2000 (RUT)and a 10% gain for the MSCI World ex-USA (XX:664211) . Morgan Stanley, it should be noted, advised clients to be underweight in early July, a call it reversed in mid-November.