|Bid||3.7100 x 1800|
|Ask||3.6200 x 2900|
|Day's Range||3.3350 - 3.6250|
|52 Week Range||1.7900 - 5.3500|
|Beta (3Y Monthly)||2.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2020 - Feb 24, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.98|
Moody's Investors Service ("Moody's") today affirmed the Caa3 Corporate Family Rating (CFR) rating of CHS/Community Health Systems, Inc. ("Community"). Moody's also appended an "/LD" designation to Community's Caa3-PD Probability of Default Rating (PDR) to reflect a limited default resulting from its debt exchange. Moody's assigned a Caa2 rating to Community's new senior secured first lien notes due 2026 and 2027 and assigned a C rating to its new unsecured notes due 2028.
Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Community Health Systems, Inc. (NYSE: CYH) today announced that management will participate in the Bank of America Merrill Lynch 2019 Leveraged Finance Conference to be held December 2 - 4, 2019, at the Boca Raton Resort & Club in Boca Raton, Florida.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC , announces that KSF has commenced an investigation into Community Health Systems, Inc.
The Issuer was advised by the exchange agent for the Exchange Offer that, as of the Early Tender Deadline, a total of $2,400,461,000 aggregate principal amount of outstanding Old Notes, representing approximately 91.2% of the outstanding Old Notes, were validly tendered (and not validly withdrawn) in the Exchange Offer. As of the Early Tender Deadline, the condition that the Supporting Holders (as defined in the Offering Memorandum (as defined below)) validly tender (and not validly withdraw) the approximately 82.8% of the aggregate principal amount of the outstanding Old Notes held by them had been satisfied.
"Unfortunately, there just is not enough time left before the closing deadline to get these issues worked out," the businessman said in a statement.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
Moody's Investors Service ("Moody's") commented that CHS/Community Health Systems, Inc. ("Community") proposed debt exchange offer alleviates near-term liquidity concerns but adds more debt to an already unsustainable capital structure. There are no changes to any ratings at this time, including the Caa3 Corporate Family Rating. Moody's does not anticipate any ratings changes to the Ca second lien secured rating or C unsecured rating.
Scorecard checks back on our headlines from a year ago. This is an update to the Aug. 14, 2018, story, "CHS under investigation related to federal incentive program."
Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain directors and officers of Community Health Systems, Inc. (“Community Health” or the “Company”) (CYH) breached their fiduciary duties to the Company and its shareholders. If you are a Community Health shareholder, you are encouraged to contact Amber Eck at Haeggquist & Eck for additional information. Community Health, through its subsidiaries, owns, leases, and operates acute care hospitals that are the principal providers of healthcare services in non-urban communities.
Community Health Systems (CYH) delivered earnings and revenue surprises of 47.27% and 2.87%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Community Health Systems, Inc. (the “Company”) (CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to commence an offer to exchange (the “Exchange Offer”) a combination of (i) $700 million aggregate principal amount of its new 8.000% Senior Secured Notes due 2027 (the “New Secured Notes”) and (ii) up to $1,932 million aggregate principal amount of its new 6.875% Senior Unsecured Notes due 2028 (the “New Unsecured Notes” and, together with the New Secured Notes, the “New Notes”) in exchange for any and all of its $2,632 million aggregate principal amount of outstanding 6.875% Senior Unsecured Notes due 2022 (the “Old Notes”). The Issuer is under no obligation to commence the Exchange Offer.
Community Health Systems, Inc. today announced financial and operating results for the three and nine months ended September 30, 2019.
Community Health Systems, Inc. (CYH) announced today that affiliates of the Company have signed a definitive agreement to sell three Virginia hospitals – 300-bed Southside Regional Medical Center in Petersburg, 105-bed Southampton Memorial Hospital in Franklin and 80-bed Southern Virginia Regional Medical Center in Emporia, and their associated assets to subsidiaries of Bon Secours Mercy Health, Inc. The transaction is expected to close by the end of 2019, subject to customary regulatory approvals and closing conditions. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country. The Company, through its subsidiaries, owns, leases or operates 102 affiliated hospitals in 18 states with an aggregate of approximately 17,000 licensed beds.
Scott+Scott Attorneys at Law LLP , an international securities and consumer rights litigation firm, continues its investigation of certain directors and officers of Community Health Systems, Inc.
Community Health Systems, Inc. (CYH) today announced that it will provide an online Web simulcast and rebroadcast of its third quarter 2019 conference call. The Company will issue a press release announcing its results on Tuesday, October 29, 2019, after the regular close of trading. During this call, Community Health Systems will review the Company’s financial and operating results for the third quarter ended September 30, 2019.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CHS/Community Health Systems, Inc. New York, October 02, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CHS/Community Health Systems, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Community Health Systems, Inc. (CYH) announced today that subsidiaries of the Company have completed the divestiture of 92-bed Bluefield Regional Medical Center in Bluefield, West Virginia, and its associated ancillary healthcare operations to subsidiaries of Princeton Community Hospital. The hospital included in this transaction is among the additional planned divestitures discussed on the Company’s second quarter 2019 earnings call. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country.
NEW YORK , Sept. 11, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, is investigating whether certain ...
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...