Tenet Healthcare Corporation (THC) News

Tenet Healthcare Corporation (THC): $70.16

0.02 (-0.03%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Medical - Hospitals

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THC News Highlights

  • THC's 30 day story count now stands at 13.
  • Over the past 24 days, the trend for THC's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
  • The most mentioned tickers in articles about THC are TOP.

Latest THC News From Around the Web

Below are the latest news stories about TENET HEALTHCARE CORP that investors may wish to consider to help them evaluate THC as an investment opportunity.

Should You Hold Tenet Healthcare Corporation (THC)?

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned -6.16% (net) compared to a -4.78% return for the Russell 2500 Index. Furthermore, the fund underperformed its secondary benchmark, the Russell 2500 Value Index, […]

Yahoo | November 30, 2023

Why Is Tenet (THC) Up 23.8% Since Last Earnings Report?

Tenet (THC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | November 29, 2023

Insider Sell: Director Richard Fisher Sells 6,000 Shares of Tenet Healthcare Corp (THC)

In a notable insider transaction, Director Richard Fisher sold 6,000 shares of Tenet Healthcare Corp (NYSE:THC) on November 22, 2023.

Yahoo | November 25, 2023

Tenet (THC) to Divest 3 Hospitals to Novant to Reduce Debt

Tenet (THC) expects the divestment of the three South Carolina hospitals to fetch around $2.4 billion in cash.

Yahoo | November 20, 2023

12 Stocks Billionaire Larry Robbins Just Bought and Sold

In this piece, we will take a look at the 12 stocks that billionaire Larry Robbins just bought and sold. If you want to skip our introduction to the billionaire hedge fund boss and the latest stock market news, then take a look at 5 Stocks Billionaire Larry Robbins Just Bought and Sold. Larry Robbins […]

Yahoo | November 20, 2023

FTC sues to block John Muir Health’s acquisition of Tenet hospital

Regulators allege the $142.5 million deal to buy the remaining stake in San Ramon Regional Medical Center would further reduce competition and drive up prices.

Yahoo | November 20, 2023

Tenet Healthcare stock up on planned $2.4B sale of 3 hospitals to Novant

The three South Carolina facilities posted pretax profit of $126 million for the year ended Sept. 30.

Yahoo | November 17, 2023

UPDATE 2-Tenet Healthcare to sell 3 South Carolina hospitals for about $2.4 bln

Tenet Healthcare said on Friday it would sell three of its hospitals and related operations in South Carolina for about $2.4 billion in cash, in a move aimed at reducing its debt. Shares of the Texas-based company rose 4.9% to $61 in premarket trading on the news. Under the deal, a North and South Carolina hospital network - Novant Health - will purchase Tenet's hospitals in Jasper, Beaufort and Charleston counties as well as affiliated physician practices and other related hospital operations.

Yahoo | November 17, 2023

Novant Health to acquire three hospitals from Tenet Healthcare

Novant Health and Tenet Healthcare Corporation (NYSE: THC) today announced that they have signed a definitive agreement regarding the acquisition by Novant Health of three Tenet hospitals and affiliated operations in South Carolina.

Yahoo | November 17, 2023

Tenet Healthcare to Sell Three South Carolina Hospitals to Novant Health

DALLAS, November 17, 2023--Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Novant Health for the sale of three Tenet hospitals and related operations in South Carolina for approximately $2.4 billion in cash (after-tax proceeds of approximately $1.750 billion).

Yahoo | November 17, 2023


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