9.15 -0.08 (-0.81%)
After hours: 4:13PM EDT
|Bid||9.15 x 800|
|Ask||9.25 x 1700|
|Day's Range||9.15 - 9.25|
|52 Week Range||5.50 - 11.90|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||0.48 (5.13%)|
|1y Target Est||9.00|
Kindred Healthcare already had a decision from a tribunal saying the company could get paid that money.
Kindred Healthcare, Inc. today announced that leading proxy advisory firm Egan-Jones Rating Company joined Institutional Shareholder Services in recommending that Kindred stockholders vote “FOR” the transaction with affiliates of TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc.
Brigade Capital Management, LP , on behalf of funds managed by it, announced today that it strongly supports the recommendation by leading independent institutional investor advisor, Glass Lewis, to vote AGAINST the Kindred Healthcare’s 2018 merger-related proxy proposals.
The shareholder says the merger is not in the interest of Kindred Healthcare's shareholders.
Brigade Capital Management, LP , on behalf of funds managed by it, today released its letter to the CEO and Board of Directors of Kindred Healthcare, Inc. definitively stating its intention to vote “NO” to the proposed acquisition of the Company by a consortium of Humana, TPG Capital and Welsh, Carson, Anderson & Stowe.
Kindred Healthcare, Inc. today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. recommends that Kindred stockholders vote “FOR” the transaction with affiliates of TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc.
Kindred Healthcare Inc. is being sued by a major institutional shareholder to stop its acquisition by a consortium made up of Humana Inc. and two private-equity firms. The deal is set to close this summer and includes a $9 per share price as well as an assumption of Kindred's debt.
NEW YORK, March 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Louisville-based Kindred Healthcare Inc. posted a net loss of $187.7 million, or $2.13 a share, for the fourth quarter. For all of 2017, the post-acute and home-care provider reported a net loss of $698.4 million, or $7.98 a share, compared with a loss of $664.2 million, or $7.65 a share for 2016. Kindred's fourth-quarter revenue fell to $1.48 billion from $1.52 billion a year earlier.
On a per-share basis, the Louisville, Kentucky-based company said it had a loss of $2.13. Earnings, adjusted for one-time gains and costs, were 20 cents per share. The operator of nursing and rehabilitation ...
Kindred Healthcare, Inc. today announced its operating results for the fourth quarter and full year ended December 31, 2017. The Company also today will file its Annual Report on Form 10-K with the Securities and Exchange Commission .
When Kindred Healthcare Inc’s (NYSE:KND) announced its latest earnings (30 September 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarks I usedRead More...
NEW YORK, Feb. 15, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for The District of Delaware, case no. 1:18-cv-00230, on behalf of shareholders of Kindred Healthcare, Inc., ("Kindred" or the "Company") (KND) who held Kindred securities and have been harmed by Kindred and its board of directors' (the "Board") for alleged violations of Sections 14(a), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the merger of the Company to affiliates of each of TPG and Welsh, Carson, Anderson & Stowe, and Humana Inc. (collectively, the "The Consortium").
Humana announced it will consolidate its primary-care clinics under one company as it continues to grow its clinical footprint nationally. Humana (HUM) will merge its subsidiaries MCCI Medical Group, CAC-Florida Medical Centers, Continucare Medical Centers and MetCare of Florida into one company called Conviva that will continue to focus on operations in South Florida and throughout Texas. Broussard said that Conviva will be payer-agnostic, meaning that Conviva will take payment from other payers outside of Humana.
A New York City-based investment firm is deepening its investment in Louisville's major health care companies and stands to cash in on two major mergers set to close in 2018. BlackRock Inc. has increased ...
Kindred Healthcare Inc. CEO Benjamin Breier said the health care industry is staring down "seismic changes" as it wrangles with sharply increasing numbers of seniors with chronic illnesses. The biggest problem, he said, is that the American health care system is not built to withstand the surge. “Louisville is really poised to be at the forefront, shaping solutions for the future of aging care in America,” Breier said during the keynote address at the Greater Louisville Inc., annual meeting Wednesday night.
A major bank that raised its stake in Papa John's International Inc. also increased its holdings in Louisville-based Kindred Healthcare Inc. by more than 50 percent. A filing with the U.S. Securities and ...
Kindred Healthcare Inc. officially revealed its downtown Louisville headquarters expansion to the public Thursday afternoon. It was designed to facilitate learning, development and interaction, said Steve Cunanan, Kindred's chief administrative and chief people officer. Cunanan gave Louisville Business First photographer William DeShazer and me a tour of the new space.
You probably have heard many times that Louisville is a mecca for aging-care companies. Forbes published a lengthy story, "Why Louisville is becoming America's aging capital," that tells the tale. The story says Louisville is home to America's largest cluster of aging-care businesses, citing as examples Humana Inc. (HUM), Kindred Healthcare Inc. (KND), Trilogy Health Services LLC, Atria Senior Living Inc. and Signature HealthCare LLC.
NEW YORK, Jan. 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Portola ...
NEW YORK , Dec. 28, 2017 /PRNewswire/ -- Alon USA Partners, LP (ALDW) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board in connection with the proposed ...
A significant shareholder in Kindred Healthcare Inc. is opposing the sale of the Louisville-based health care company because of the price it would get for its shares, according to a press release issued Wednesday. New York-based Brigade Capital Management sent a letter to Kindred's board and management this week saying it was "shocked" at the Dec. 19 sale announcement and the $9-per-share price agreed upon by the buyers — Louisville-based Humana Inc. and two private equity firms . Brigade called the per-share offer "grossly inadequate" and insufficient based on Kindred's positive outlook, according to the report.