Profile on Tenet Healthcare Corp. (THC)
Profile : Tenet Healthcare Corp. (THC)
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Quote Data : Tenet Healthcare Corporation (THC)
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Insider Transactions - Balance Sheet |
+0.1100 (+10.09%)
Business Summary : Tenet Healthcare Corp. (THC)
Tenet Healthcare Corporation provides health care services primarily through the operation of general hospitals in the United States. The company owns or leases physician practices, captive insurance companies, and various other ancillary health care businesses, including outpatient surgery centers, diagnostic imaging centers, occupational and rural health care clinics. Its hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies; intensive care, critical care, and/or coronary care units; physical therapy; and orthopedic, oncology, and outpatient services. The hospitals also provide tertiary care services, such as open-heart surgery, neonatal intensive care, and neuroscience; quaternary care services in various areas, including heart, lung, liver, and kidney transplants; and bone marrow transplants. In addition, its hospitals perform gamma-knife brain surgery; and cyberknife surgery for tumors and lesions in the brain, lung, neck, and spine. As of December 31, 2006, the company operated 64 general hospitals, 1 cancer hospital, and 2 critical access hospitals, with a total of 16,310 licensed beds serving urban and rural communities in 12 states; and 2 rehabilitation hospitals; 1 long-term acute care hospital; and 1 skilled nursing facility. Tenet Healthcare was founded in 1967 and is headquartered in Dallas, Texas.
Latest Newsletter Editions on THCMon, Aug 11, 2008 @ 07:09 am
Looks like a little willingness to take action on our Cogent Systems (NASDAQ: COGT) idea last weekend has paid off; the company did indeed post solid earnings last quarter. One of our older trading ideas - Tenet Healthcare (NYSE: THC) - also had a good quarter, pulling in considerably more than they...
Sat, Mar 22, 2008 @ 01:25 pm
Hope everyone is enjoying their long weekend. I know I'm happy to have an extra day off from the market. On the other hand, clearly I felt something was important enough to take a short break from my break, and take care of a little business. What's the news? Just a notice to look for Monday's newsletter...
Tue, Feb 26, 2008 @ 01:04 pm
If you took advantage of our Tenet Healthcare (NYSE: THC) pick from November 10th, then you're probably loving us today. THC shares jumped more than 14% on better-than-expected earnings, and a 2008 forecast that was far batter than Wall Street's expectations. As of now it's about 19% above our pick price...
Sat, Nov 10, 2007 @ 09:26 am
You may have seen my comments about Spicy Pickle (OTCBB: SPKL) in the blog on Thursday. However, I think what I said then is important enough to reiterate - and add to - here in the newsletter. What was my message? Simple - if you're looking for a great entry level into a long-term SPKL position, I think...
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Latest Blog Entries on THCWed, Sep 3, 2008 @ 11:20 am
I thought this stock pick may have been dead in the water, judging from the last couple of months. Tenet Healthcare (THC) had been stuck around the $5.70 area since May. However, today’s move to $6.57 not only breaks the stock out of that rut, but may well have kick-started the final move of this trade.
Our [...]
Wed, Aug 6, 2008 @ 11:51 am
We made a stock pick of Tenet Healthcare (THC) several months ago, expecting the very thing we saw….smaller losses, and eventually, a return to profitability. Well, Tenet did their job - they lost only $15 million last quarter, or 3 cents per share. In the same quarter a year ago they lost 6 cents per share. Yet, the [...]
Thu, Jun 12, 2008 @ 08:11 am
If you were in the trade, then you’re lovin’ today’s ride…and you’ll already know that Tenet Healthcare (THC) jumped 7% today on an upgrade from Lehman Brothers. They finally got on board…after the stock gained 70.9% from October’s low close. With today’s pop, we’re up about 40% on the stock pick.
Though it’s nice to get [...]
Wed, May 28, 2008 @ 10:53 am
There are two things that immediately come to mind about our Tenet Healthcare (THC) stock pick (so far). The first is, it’s been profitable. The second thing is, it’s been one wild ride. The ups and downs have been wide enough to make a sailor seasick. Good news though….I think one more good runup like [...]
Fri, Apr 25, 2008 @ 07:52 am
I already blogged it this morning, but I didn’t have room for a chart in my morning notes. So, here I am again telling you about Tenet Healthcare (THC). Why do I need a chart? Because the chart is the story. The stock has made a strong break today, moving past some prior resistance levels. Those [...]
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Disclosure
Disclaimer:
TGR Group has not been compensated for coverage of Tenet Healthcare Corp. | ||
Recent News HeadlinesTue, 18 Nov 2008 21:57:12 Etc/GMT Fri, 14 Nov 2008 22:30:00 Etc/GMT Wed, 12 Nov 2008 18:24:18 Etc/GMT Tue, 11 Nov 2008 11:03:00 Etc/GMT Tue, 11 Nov 2008 00:50:17 Etc/GMT Mon, 10 Nov 2008 23:27:48 Etc/GMT Mon, 10 Nov 2008 17:13:59 Etc/GMT Sat, 8 Nov 2008 14:04:22 Etc/GMT Fri, 7 Nov 2008 09:06:11 Etc/GMT Thu, 6 Nov 2008 16:05:26 Etc/GMT Thu, 6 Nov 2008 13:30:00 Etc/GMT DALLAS----Tenet Healthcare Corporation announced today the formation of a wholly owned operating subsidiary, Conifer Health Solutions, Inc. , which will offer a full range of revenue cycle management and patient communication services. Thu, 6 Nov 2008 06:05:42 Etc/GMT Wed, 5 Nov 2008 23:44:23 Etc/GMT Shares of Tenet Healthcare Corp. dropped Wednesday, as the hospital operator's weak third-quarter results and forecasts led Wall Street to predict further difficulties in 2009. Wed, 5 Nov 2008 22:44:57 Etc/GMT Shares of wedding Web site operator Knot Inc. retreated Wednesday ahead of its third-quarter earnings report, scheduled for Thursday. An analyst downgraded the stock amid concerns the about the effects of the economic downturn. Wed, 5 Nov 2008 20:12:42 Etc/GMT Wed, 5 Nov 2008 06:12:00 Etc/GMT Wed, 5 Nov 2008 00:53:00 Etc/GMT Wed, 5 Nov 2008 00:21:00 Etc/GMT Tue, 4 Nov 2008 23:30:40 Etc/GMT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Tue, 4 Nov 2008 23:23:23 Etc/GMT Tenet Healthcare Corp. said Tuesday it swung to a third-quarter profit on an investment sales gain, but results fell short of Wall Street forecasts and the company slashed its outlook as patients struggled to pay bills amid a worsening economy.
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