Tag Archives: MarketWatch

Health Management Associates insiders selling shares

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With a new board voted in by Health Management Associates shareholders and a competitor ready to buy the company, HMA executives have been busy selling their shares in the Florida-based hospital operator.
HMA is the parent company of Knoxville-based Tennova Healthcare, which runs six hospitals in the Knoxville region.
Chief Financial Officer Kelley E. Curry, Senior Vice President-Finance Robert E. Farnham, and Senior Vice President and Controller Gary S. Bryant,are among those who have sold more than $11 million worth of shares in the past several days.
Curry was the big mover, selling more than 817,000 shares for more than $9 million from Aug. 16-Aug. 26.
HMA certified on Aug. 16 a shareholder vote to install a completely new board.
Franklin, Tenn.-based Community Health Systems announced July 30 that it would buy HMA for $7.6 billion, including assumption of debt.
Click here for Marketwatch report on stock sales
Click here for HMA’s announcement of new board.
Click here for Community Health’s purchase announcement.

Is Warren Buffett eyeing Scripps Networks?

Knoxville-based lifestyle media company Scripps Networks Interactive is exactly the kind of
scripps2_asb_13138.jpgcompany that financial guru Warren Buffett likes to buy, investment strategist David Trainer writes in a MarketWatch article.

“(Buffett’s) interest in media/publishing stocks is grounded in the superior economic earnings these businesses can achieve. And SNI, with a 21% return on invested capital (ROIC), exhibits the kind of scale that Mr. Buffett knows leads to superior economic earnings,” Trainer says.

He also notes that Scripps Networks and Clayton Homes, which Buffett bought in 2003, are both headquartered in the Knoxville area.

David Trainer: Front run Buffett: Buy SNI before he does

Photo: Scripps Networks headquarters in West Knoxville. (News Sentinel archives)

See below for this year’s Super Bowl winner


The Super Bowl is two and a half weeks away, but we already know who big winner will be –
super bowl.jpg
broadcaster NBC Universal.



Last year’s Super Bowl had record viewership and brought in $228 million in advertising for Fox.

“It’s likely this year’s audience will be of a comparable size, adding to the cumulative $1.72 billion that advertisers have spent on Super Bowls over the past 10 years,” according to report on MarketWatch.

Many advertisers are being tight with their money these days, but the Super Bowl continues to attract big money.

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Consumer confidence up despite political bickering

Consumer confidence edged higher in July, despite the doom and gloom flowing out of Consumer Confidence.JPGWashington, according to the Conference Board’s Consumer Confidence Index released today.

The Index rose nearly two points to 59.5, up from 57.6 in June. Economists surveyed by Bloomberg News had expected the July index to decline to 56.

Although the Index rose – indicating improved optimism about the economy – consumers still have mixed feelings about how the economy is doing.

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Does it matter what S&P says? Only if the pols are listening

Does it really matter that Standard & Poor’s Rating Service has lowered its outlook on U.S. government debt to “negative”?

Here are two interesting and very different answers to the question.

Wall Street Journal MarketWatch blogger Cody Willard doesn’t think too highly of S&P, while Republican economist Douglas Holtz-Eakin says it’s good that S&P cares.

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General Motors return — what the experts say

820d7421817b9f13dc0e6a706700e60a.jpgIt’s way too early to pass judgement on General Motors return to the stock market, but that isn’t stopping analysts, politicians and others from having their say.

Here’s a sampling of what’s being said, including a video from the White House blog. So far, most of the chatter has been positive, but what will the experts be saying a year from now?

White House White Board: The Rebirth of the American Auto Industry

SmartMoney: The General Motors Bait-and-Switch

Barron’s: The Other Way to Play GM

MarketWatch: GM shares retreat some from re-entry gains

MarketBeat – WSJ.com: GM Stock: Trading but whtih training wheels

Photo: (AP Photo/Paul Sancya, file) In this file photo taken Thursday, Nov. 18, 2010, General Motors headquarters are shown in Detroit. Shares of the reborn General Motors lost momentum in early trading Friday, Nov. 19.