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Genesis Healthcare (GEN) gains 5% premarket after announcing a three-part strategic restructuring plan to strengthen its liquidity position and capital structure. First, Genesis has agreed to terminate its master lease covering 51 facilities, leased from affiliates of Welltower. In ...
Transformative steps reduce debt by approximately $256 million and include an immediate $50 million capital investment Opportunity for an additional $25 million capital investment by April 15, 2021 Initial capital investment results in two appointments to the Board of Di...
Welltower and ProMedica Announce Strategic Transactions to Enhance Partnership PR Newswire TOLEDO, Ohio , March 2, 2021 /PRNewswire/ -- ProMedica and Welltower (NYSE:WELL) today announced two transactions to strengthen and expand their strong existing partnership...
Industry-related occupancy challenges and a subdued revenue trend could continue in H1-21. HCSG’s collections and cash performance this year have been stellar, the strong cash balance may be needed to meet any potential financial penalties. HCSG is looking to resolve the lo...
To date, 84% of skilled nursing residents and 61% of skilled nursing staff have been vaccinated; Staff acceptance rates far exceed national average as reported by CDC KENNETT SQUARE, Pa., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Genesis HealthCare, (“Genesis” or “Com...
Genesis Healthcare (GEN) is downgraded at Credit Suisse to underperform from neutral as the analysts note that the factors critical for the company’s recovery are uncertain and beyond the company’s control.The target price is unchanged at $0.57, a discount of ~20.8% to Friday...
KENNETT SQUARE, Pa., Jan. 18, 2021 (GLOBE NEWSWIRE) -- With the spotlight on long-term care facilities during the current public health emergency, leaders in post-acute and long-term care, LTC ACO, the first long-term care Medicare Shared Savings Program dedicated to long-term care resident...
Are These Penny Stocks Under $1 Worth The Risk? This year has gotten off to a crazy start already and penny stocks could be to “blame”. Not only have the large-cap markets reached new all-time highs (again), so have smaller-cap markets. If you look at the Russell Sma...
George V. Hager, Jr. Retires as CEO and Director Board of Directors Appoints Current Chairman, Robert H. Fish as New CEO KENNETT SQUARE, Pa., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (NYSE: GEN ), one of the largest post-...
KENNETT SQUARE, Pa., Dec. 23, 2020 (GLOBE NEWSWIRE) -- Franklin Woods Center, a Genesis HealthCare- (NYSE:GEN) (Genesis or the Company) affiliated nursing home, became one of the first long-term care facilities in Maryland to administer COVID-19 vaccinations today to both residents and staf...
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Swipe Right on Safety: New Study from Norton Finds 64% of Online Daters are Interested in Using AI as a Dating Coach PR Newswire Amid the excitement of incorporating AI into online dating, romance seekers should still be cautious of dating scams and catfishing TEMPE,...
Gen to Announce Fiscal 2024 Fourth Quarter and Full-Year Results on May 9, 2024 PR Newswire TEMPE, Ariz. and PRAGUE , April 16, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2024 fourth quarter and full-year financia...
2024-04-11 21:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...