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$THC reported a narrower 2Q16 loss as strategic investments in high-acuity services lines helped to grow same-hospital patient revenue and revenue per adjusted admission. Net loss narrowed to $46MM or $0.46 per share from $61MM or $0.61 per share last year. Operating revenues grew 8.4% to $4.87Bil. Adjusted EPS fell to $0.38 from $0.75.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.