|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||21.67 - 22.58|
|52 Week Range||16.61 - 31.64|
|Beta (3Y Monthly)||1.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.95|
Tenet Healthcare Corporation plans to report results for its third quarter ended Sept. 30, 2019, after the market close on Monday, Nov. 4, 2019.
Tenet Healthcare Corporation (THC) today announced that Brendan Strong has been appointed Chief Financial Officer for the company’s Massachusetts market. In this role, Mr. Strong will lead the finance and accounting functions at St. Vincent Hospital in Worcester and Metro West Medical Center with locations in Framingham and Natick. Mr. Strong is currently Tenet’s Vice President of Investor Relations and has served in this role since 2015.
Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. An Immunomedics, Inc. (NASDAQ: IMMU) director and an executive each stepped up to the buy window this past week. The company released positive trial data at the European Society for Medical Oncology (ESMO) Annual Congress.
Conifer Health Solutions today announced that Jeff Jones, who has 30 years of strategy, operations and revenue cycle experience in the healthcare sector, has joined the company in the newly created position of Chief Commercial and Strategy Officer. In this capacity, Mr. Jones will be responsible for Conifer’s commercial activities to expand the client base and build the organization’s new go-to-market strategies based upon technology investments in automation, artificial intelligence and data analytics. His experience includes over a decade at Stockamp & Associates, which was a leading revenue cycle management firm acquired by Huron Consulting Group.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Tenet Healthcare Corporation 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. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Tenet Healthcare Corporation (THC) and NTT DATA Services have entered into a new, multi-year agreement that builds on their 20 years of working together to advance technology services and systems within Tenet’s care network. Tenet and NTT DATA will focus on creating more efficient technology infrastructure and application systems for Tenet’s hospitals, affiliated outpatient centers and physician practices. While Tenet works to streamline and transform certain service delivery models, NTT DATA will provide technology solutions and platforms to improve the care experience, including globalized application, infrastructure and security support and development services.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...