Boston, MA 03\/27\/2014 (wallstreetpr) – Tenet Healthcare Corp (NYSE:THC)<\/b> looks forward to achieving adjusted EBITDA in the range of $1.8 – $1.9 billion in the current year. In this guidance, the company announced that it is assuming favorable impact of between $50 and $100 million from its acquisition of Vanguard. Benefits from Vanguard are expected to start coming by the second quarter of the current fiscal year. Also, the company hopes to benefit from the Affordable Care Act (ACA) in the range of $50 – $100 million. At least, the guidance will be correct, the company said, prior to $50 million effect due to cuts in reimbursement rate. The company reported fourth quarter earnings per share of 43 cents, up against Zacks consensus estimate of 34 cents, but below 60 cents realized in the same quarter a year ago. Shares of Tenet Healthcare Corp (NYSE:THC) jumped 5.22 percent to $40.93 during trading Wednesday, having tumbled almost 9 percent on Tuesday.<\/p>\n
Orion Energy Systems, Inc. (NYSEMKT:OESX)<\/b> continues to shine under its new management and sustainable business principles. The company installed a new management team fall of 2012 and the team, as they promised then, has not looked back on efforts to undertake more disciplined costs and expenses management. The company is also executing faithfully on its plans to increase sales and expand into new markets for their LED products. Shares of the company have known a modest positive pattern in the past due to the business acumen of its leadership. On the fronts of integrating sustainability into operations, the company was recently recognized with Green Professional honor by the Wisconsin Sustainability. Shares of Orion Energy Systems, Inc. (NYSEMKT:OESX) jumped more than 4 percent to $6.70 during trading Wednesday, the day was characterized with above average volume of shares shifting hands.
\nDespite pulling a loss in the most recent quarter, Exfo Inc (NASDAQ:EXFO)<\/b> not only managed to gain during Wednesday session, but also attracted positive adjusted in its stock price target from analysts. The company which provides test and assurance services to wireless and wireline equipment manufacturers and network operators reported net loss of $1.3 million 2 cents per share, which compared with profit of $39,000 or breakeven per share in the same quarter a year ago. Analysts had expected breakeven in the quarter. Yet, analysts at Canaccord Genuity improved their price target on the stock to $4.75 from $4.50. Shares of Exfo Inc (NASDAQ:EXFO) closed at $5.15, up 11.47 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 03\/27\/2014 (wallstreetpr) – Tenet Healthcare Corp (NYSE:THC) looks forward to achieving adjusted EBITDA in the range of $1.8 – $1.9 billion in the […]<\/p>\n","protected":false},"author":12,"featured_media":18182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[5606,5608,1789,5607,5605,2721],"stock_ticker":[],"class_list":["post-18174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-exfo-inc-nasdaqexfo","tag-nasdaqexfo","tag-nysethc","tag-nysemktoesx","tag-orion-energy-systems-inc-nysemktoesx","tag-tenet-healthcare-corp-nysethc","entry"],"acf":[],"yoast_head":"\n