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Omega Healthcare to buy out rival Aviv in all-stock deal valued at $3 billion

2014-10-31 13:34:55| Real Estate - Topix.net

Omega Healthcare will buy rival real estate investment trust Aviv in a $3 billion all-stock deal combining two companies that each run hundreds of nursing homes. Aviv shareholders will receive a portion of Omega stock valued at $34.97 for each Aviv share in a deal designed to be tax-free to shareholders, the companies said Friday.

Tags: buy deal billion healthcare

Healthcare overhaul ramps up business at WellPoint

2014-10-29 16:52:07| Beverages - Topix.net

WellPoint raised its 2014 earnings forecast again and trumped third-quarter expectations as the overhaul of the health care system adds millions to the nation's health insurance rolls, and at a lower cost than was expected at the nation's second largest health insurer. The Blue Cross-Blue Shield insurer expects earnings growth in 2015 as well, and CEO Joseph Swedish said the company is weighing larger dividends.

Tags: business healthcare overhaul ramps

Must-Attend' Photonics Asia Highlighted Research For Air Pollution, Healthcare, Communications, More

2014-10-20 03:36:10| pollutiononline Home Page

Optics and photonics technologies with applications in areas such as health care, sustainable energy, manufacturing, and communications were the focus of SPIE/COS Photonics Asia 2014 last week in Beijing

Tags: more research air communications

Can health-care stock funds stay on top?

2014-10-17 16:40:56| Biotech - Topix.net

When swings in the stock market cause anxiety to spike, like it is now, many investors aim to get healthy. Stocks don't come with guarantees, but health care stocks have held up better than others during past downturns.

Tags: top stock stay funds