Tenet Healthcare Corp (THC.N)
29 Aug 2016
Aug 1 Tenet Healthcare Corp on Monday posted a second-quarter net loss, hurt by larger-than-expected costs to settle a federal investigation into patient referrals at some of its hospitals.
Aug 1 Tenet Healthcare Corp on Monday posted a net loss in the second quarter, hurt by litigation-related costs.
* Tenet reports results for the second quarter ended June 30, 2016
May 2 Community Health Systems Inc shares fell 12 percent after hours on Monday on weaker-than-expected first-quarter results, while rival Tenet Healthcare Corp traded higher after posting an increase in patients receiving care at its hospitals.
* Q1 adjusted earnings per share $0.45 from continuing operations
May 2 Tenet Healthcare Corp reported a net loss in the first quarter as litigation expenses hurt results, but the hospital operator reiterated its full-year outlook for earnings excluding items, sending its shares higher.
Wall Street rallied for a second straight day on Wednesday, led by gains in beaten-down financial shares after JPMorgan's quarterly results.
Wall Street rallied for a second straight day on Wednesday, led by gains in beaten-down financial shares after JPMorgan's quarterly results. | Video
* CEO Trevor Fetter total 2015 compensation $15.4 million versus $18 million in 2014
(The following statement was released by the rating agency) NEW YORK, March 18 (Fitch) Fitch Ratings has affirmed Tenet Healthcare Corp.'s (Tenet) ratings, including the long-term Issuer Default Rating (IDR) at 'B'. A complete list of ratings follows at the end of this release. The ratings apply to approximately $14.8 billion of debt at Dec. 31, 2015. The Rating Outlook is revised to Stable from Negative. KEY RATING DRIVERS -- Tenet's ratings are constrained by the company's high leverage an