9.84%QQQQ 30.60 8.96%XLF 15.45 10.85%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
DALLAS - Hospital operator Tenet Healthcare says it swung to a first-quarter loss from year-ago profit, hurt by a loss from divested operations and a hefty litigation charge.
| THC | 4.04 |  -0.5 |
The Dallas-based company lost $31 million, or 6 cents per share, on sales of $2.37 billion, compared with profit of $75 million, or 16 cents per share, on revenue of $2.22 billion in the first quarter of last year.
The latest quarter includes losses from discontinued operations of $21 million, or 4 cents per share, and a litigation charge of $30 million, or 6 cents per share. Excluding items, the company would have earned 4 cents per share in the latest period.
Thomson Financial says analysts expected earnings of 1 penny per share and sales of $2.35 billion.
______
AP Business Writer Sara Lepro
Republican John McCain and Democrat Barack Obama are heading into the third and ...
Joey Chestnut set a new fast-eating record when he ate 45 pizza slices in 10 min...
Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in As...
|
Get your next web design project done with our los angeles web design team - Best web design with great price.
|
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
