Earnings wrap: NHC, Diversicare

Nursing home provider hikes dividend on back of strong patient day growth; long-term care provider books nice occupancy gain
May 9, 2014 1:41 PM

Analyst action: Brookdale, Dollar General

Shares of Brookdale Senior Living have retreated about 10 percent from the highs they hit after announcing plans to buy competitor Emeritus. JMP Securities analyst Peter Martin says that's a good chance for investors to step in or add to their stakes. Martin earlier this week reiterated his 'outperform' rating. It didn't do much for Brookdale shares (Ticker: BKD), though: They gave up their early gains Thursday and are down 3 percent this week.

Several retailers have commented this earnings season about the tougher price competition they're seeing so far this year. That factor was cited by a Cleveland Research team led by Jeff Stinson in warning that they see Dollar General's sales trending below analysts' consensus. The firm said higher promotional activity and sales of lower-margin tobacco look to have Dollar General up 2 percent this quarter, versus the consensus of 2.5 percent and the company's guidance of 2 percent to 3 percent. Investors have taken the report in stride: Shares of Dollar General (Ticker: DG) gave up only a few cents Thursday and are trading at about $56.40 Friday morning, down slightly on the day.

May 9, 2014 9:51 AM

Earnings wrap: Brookdale, CCA

Senior living company sees occupancy rise; prison manager top line dips
May 8, 2014 7:11 AM

Brookdale inks $1.2B joint venture with HCP

Senior living company and REIT to operate 14 care campuses
Apr 24, 2014 7:00 AM

NY money manager declares 5% Brookdale stake

A New York-based investment manager has filed papers with the Securities and Exchange Commission saying it now owns more than 5 percent of Brookdale Senior Living's shares. Visium is home to more than 130 people and manages $5.5 billion for its clients, running both long and short strategies. Shares of Brookdale (Ticker: BKD) are up slightly today to $31.91 and have risen 17 percent year to date.

Apr 22, 2014 12:25 PM

Brookdale faces fraud suit, charges of lax billing culture

Brentwood worker's 2012 complaint unsealed after U.S. says it won't intervene
Apr 11, 2014 2:18 PM

Ex-Brookdale COO surfaces at Chicago PE fund

John Rijos, the veteran hospitality and senior living executive who last year retired as COO of Brookdale Senior Living, has teamed up with the former CEO of Accretive Health to help launch a private-equity fund that will focus on the health care sector. Crain's reports that Chicago Pacific Founders could reach $500 million.

It's a splashy debut effort in an industry that's attracting lots of interest. That land rush may make it harder to produce king-size returns as investors bid against one another for deals. But it also signals the opportunities to be had as a graying population, the Affordable Care Act and cost-cutting pressures reshape roughly a sixth of the entire U.S. economy.

Apr 8, 2014 9:49 AM

Diversicare to sell West Virginia facility

Brentwood company also turning over leases, will no longer operate in state
Apr 4, 2014 7:00 AM

Brookdale names new chief marketing officer

Former Grant Thornton, JPMorgan exec hired for new position
Apr 2, 2014 1:47 PM

NHI lands four-facility, $42M acquisition

Murfreesboro company in sale-leaseback arrangement with Prestige Senior Living
Apr 1, 2014 6:14 AM