The average American hospital barely breaks even. But some are enormous profit centers. Forbes’ first-ever survey of America’s most profitable hospitals reveals that some American hospitals make 25 cents or more for every $1 in patient revenue they take in. Our list, done by the American Hospital Directory, is based ...
By David Goldman, staff writerAugust 30, 2010: 3:36 PM ET NEW YORK (CNNMoney.com) — Hewlett-Packard and Dell’s intense bidding war for the little-known 3PAR is starting to look a little nuts. HP’s latest offer of $30 a share for the storage company represents a 211% premium over the value of ...
PRAGUE — A man armed with armed with a submachine gun and two handguns killed six members of a Roma family in their apartment house in the Slovak capital, Bratislava, on Monday, and then, firing wildly as he tried to evade the police surrounding the building, killed another person and ...
NEW YORK — 3M Co., which makes products ranging from Post-Its to respirators, computer arms, and films for LCD TV screens, said Monday it has agreed to acquire Cogent Inc. in a deal worth about $943 million. Cogent, based in Pasadena, Calif., develops automated systems that ...
WASHINGTON — President Barack Obama acknowledged Monday that the economy continues to struggle and too many Americans are still struggling to find jobs. He also took Republicans to task for what he said was partisan politics that are standing in the way of passing a bill ...
WASHINGTON:Federal Chairman Ben Bernanke will testify this week about his role in the bankbailouts that sent billions of taxpayer dollars to banks deemed “too big tofail.” A spokesman for the Financial Crisis Inquiry Commission saysBernanke will testify Thursday before the bipartisan panel. The FCIC isinvestigating the roots of the financial ...
European single currency unit, the euro edged down against other major currencies in European trade Monday despite a rise in European stocks. The euro thus dropped to a 4-day low against the pound and it eased from an Asian session’s multi-day highs against the yen and the franc. Most European ...
THE major Australian banks are growing their retail deposit bases with high online introductory savings rates. But later they are aggressively cutting back rates to soften the pressure on their profit margins. An analysis of the online savings market by Macquarie found the four main banks, and some of ...
The Dow Jones industrial average fell nearly 50 points in afternoon trading. Broader indexes also dropped. With investors concerned about the health of the economy, money again flowed into the bond market, sending interest rates lower. A report Monday showed personal income rose less than expected in July, adding to ...
FROM the moment Stockland announced a hostile cash offer for Aevum, the market has been telling Stockland it must offer more. On August 2, Stockland offered $1.50 a share; a premium of 37.6 per cent to retirement village operator Aevum’s previous closing price of $1.09 and 32.7 per cent to ...
By Scott Cendrowski, reporterAugust 30, 2010: 7:00 AM ET FORTUNE — Even in the age of DVRs and Hulu, live sporting events like the Super Bowl produce ratings bonanzas. But these days sports divisions at the four major networks confront a future in which viewers — and advertisers — move ...
BERLIN — A board member of Germany’s central bank provoked strong criticism on Sunday after saying that “all Jews share a particular gene” that “makes them different from other peoples,” and that Muslim immigrants across Europe are unwilling or incapable of assimilating into Western societies. Chancellor Angela Merkel said the ...
WASHINGTON — Elizabeth Warren is folksy and plain-spoken and favors cardigans over Washington power suits. Many on Wall Street view her as their worst nightmare but she is a hero to liberal activists and consumer groups. This autumn, Warren, a contender to become the top U.S. ...
NEW YORK — With the market down three weeks in a row, investors are understandably grim. But there is a silver lining: Stocks are looking almost as cheap as last year when prices hit 12-year lows — at least according to Wall Street analysts. It was ...
It’s very satisfying when your home mortgage hits its sweet spot, when more of your monthly payment is applied toward the principal than the interest. It takes years to get there. You may throw a mortgage burning party when you finally pay off the loan, but you can start preparing ...
POLITICAL sensitivities may have caused banks to refrain from any independent interest rate rises during the federal election campaign. But that could be short lived now polling is over. Bank customers have already been warned by bank chiefs that future increases may exceed any hikes made by the Reserve Bank, ...
THE formal merger of Porsche and Volkswagen is not supposed to happen until next year at the earliest, but at the factory here that produces Porsche Cayenne S.U.V.’s, it seems to have started years ago. The painted Cayenne bodies arrive by train from a Volkswagen factory in Slovakia, where they ...
