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- Medline lands deal worth $70 million MUNDELEIN - Medical supplies manufacturer and distributor Medline Industries Inc. announced on Monday it signed a contract to provide medical supplies to long-term care facilities operated by subsidiaries of Beverly Enterprises Inc. The deal, worth about $70 million...
- Research articles 2006-02-28
- Beverly Enterprises Inc. has received notice from the Federal Trade Commission that early termination of the Hart-Scott-Rodino waiting period has been granted
- Beverly Enterprises Inc. has received notice from the Federal Trade Commission that early termination of the Hart-Scott-Rodino waiting period has been granted in connection with the proposed merger of BEI with Pearl Senior Care, an affiliate of Fillmore Capital Partners.
- Research articles 2006-02-13
- Fitch Places Beverly Enterprises Inc. on Rating Watch Evolving
- CHICAGO -- Fitch Ratings has placed Beverly Enterprises, Inc. (BEV, or Beverly) on Rating Watch Evolving.
- Research articles 2005-03-22
- Fitch Rates Beverly Enterprises Inc.'s Planned Sub Notes 'B+'
- CHICAGO -- Fitch Ratings has assigned a 'B+' rating to Beverly Enterprises, Inc.'s BEV planned up-to $225 million, 10-year, subordinated notes issue. Proceeds from the new issue will be used to fund the recent tender offer for the company's 'BB-' rated, $200 million, 9 5/8% senior unsecured notes due 2009....
- Research articles 2004-06-16
- Beverly Enterprises Inc. of Fort Smith is donating $1 million for nursing scholarships to the University of Pennsylvania
- Beverly Enterprises Inc. of Fort Smith is donating $1 million for nursing scholarships to the University of Pennsylvania. The gift will establish the Penn-Beverly Partnership Fund, which will fired scholarship loans for geriatric nursing students. The loans will be forgiven if the students complete work commitments after graduation.
- Research articles 2004-04-19
- Public company report
- Beverly Enterprises Inc. Beverly Enterprises Inc. of Fort Smith had a 28 percent increase in net income for its quarter ended Sept. 30. Beverly also announced a plan to sell a "significant portion" of its nursing homes. In a conference call about the earnings, CEO William Floyd cited investor concerns...
- Research articles 2002-11-11
- Public company report
- Arkansas Best Corp. Less-than-truckload freight hauler Arkansas Best Corp. on Oct. 21 reported a rise in third-- quarter earnings, something analysts credit with the demise of rival Consolidated Freightways. Consolidated, of Vancouver, Wash., shut down its United States trucking operations in early October and filed for U.S. Bankruptcy Court protection....
- Research articles 2002-10-28
- Public company report
- Beverly Enterprises Inc. In it's first-quarter filing with the U.S. Securities and Exchange Commission, Fort Smith's Beverly Enterprises Inc. announced that the State of California authorities are investigating the company for possible criminal charges. In the May 15 filing, Beverly said California officials notified administrators on April 29 of an...
- Research articles 2002-05-27
- Public company report
- BOK Financial Corp. Tulsa's BOK Financial Corp., which owns Bank of Arkansas N.A., will issue a 3 percent stock dividend on May 29 to shareholders of record by May 13. BOK is a regional financial services company with total assets of $10.9 billion and a six-state coverage area. In addition...
- Research articles 2002-05-13
- chilling case of Kate Bronfenbrenner, The
- KATE BRONFENBRENNER recalls that she had not made a particularly big deal out of her appearance before a "town hall" meeting in Pittsburgh organized by several members of Congress in conjunction with pending federal legislation to withdraw government contracts from firms that violate labor and safety laws. As one of...
- Research articles 1998-07-01
- They're back: Ortenzios buy hospitals in 8 states from Beverly chain
- Local businessmen Rocco Ortenzio and son Robert are back in the health care business in a big way. Select Medical Corp. of Mechanicsburg, which they founded last year, has agreed to purchase the American Transitional Hospitals ATH subsidiary of Beverly Enterprises Inc., a nursing-home chain. Select provides long-term acute hospital...
- Research articles 1998-06-12
- They're back: Ortenzios buy hospitals in 8 states from Beverly chain
- Local businessmen Rocco Ortenzio and son Robert are back in the health care business in a big way. Select Medical Corp. of Mechanicsburg, which they founded last year, has agreed to purchase the American Transitional Hospitals ATH subsidiary of Beverly Enterprises Inc., a nursing-home chain. Select provides long-term acute hospital...
- Research articles 1998-06-12
- Beverly Acquires Tacoma-Area Nursing Facilities
- FORT SMITH, Ark.--BUSINESS WIRE--July 11, 1997--Beverly Health and Rehabilitation Services, the skilled nursing subsidiary of Beverly Enterprises, Inc. (NYSE: BEV), today announced the signing of a definitive agreement to acquire seven skilled nursing centers that will expand its existing operations in the Seattle-Tacoma market. The seven facilities,...
- Research articles 1997-07-11
- Hospice Preferred Choice acquires hospice programs in four major markets
- FORT SMITH, Ark.--BUSINESS WIRE--Sept. 24, 1996--Hospice Preferred Choice, a wholly-owned subsidiary of Beverly Enterprises, Inc. (NYSE: BEV), has completed the acquisition of hospice programs in Georgia, Texas, Missouri and Nebraska.Annual revenues for these acquisitions total nearly $10 million. Purchase price and terms were not disclosed.Peachtree Hospice in Atlanta was purchased...
- Research articles 1996-09-24
- Beverly Stock Repurchase Program Authorized
- FORT SMITH, Ark.--BUSINESS WIRE--June 13, 1996--Beverly Enterprises, Inc. (NYSE:BEV) today announced that its Board of Directors has authorized a stock repurchase program. The company may repurchase, from time to time on the open market, up to a total of 10 percent of its approximately 100 million outstanding shares of...
- Research articles 1996-06-13
- Beverly Enterprises announces financial results
- FORT SMITH, Ark.--BUSINESS WIRE--Jan. 30, 1996--Beverly Enterprises Inc. (NYSE:BEV) Tuesday announced financial results for the fourth quarter and full year ended Dec. 31, 1995.For the fourth quarter, Beverly reported a net loss of $63,756,000, or 65 cents per share, compared with net income of $16,858,000, or 17 cents per share,...
- Research articles 1996-01-30
- Beverly Enterprises to record noncash charge for adoption of SFAS 121
- FORT SMITH, Ark.--BUSINESS WIRE--Dec. 8, 1995--Beverly Enterprises Inc. (NYSE:BEV) will record a noncash charge against 1995 fourth-quarter earnings of $100 million to $110 million before taxes, related primarily to the mandated adoption of Statement of Financial Accounting Standards SFAS No. 121.The statement, issued in March 1995 by the Financial Accounting...
- Research articles 1995-12-08
- Beverly reaffirms policy on market rumors
- FORT SMITH, Ark.--BUSINESS WIRE--Oct. 6, 1995--In response to an inquiry from the New York Stock Exchange, Beverly Enterprises Inc. (NYSE:BEV) Friday said it has a corporate policy of not responding to market rumors or speculation.Beverly Enterprises is a health-care company operating nursing/rehabilitation facilities, institutional and mail-order pharmacies, acute long-term transitional...
- Research articles 1995-10-06
- Beverly Enterprises Inc. declares quarterly dividend
- FORT SMITH, Ark.--BUSINESS WIRE--May 22, 1995--Beverly Enterprises Inc. (NYSE:BEV) announced that on May 18, its board of directors declared the quarterly dividend of $.6875 per share on its $2.75 cumulative convertible exchangeable preferred stock, payable Aug. 1 to holders of record as of July 14.Beverly Enterprises is a long-term-care company...
- Research articles 1995-05-22
- Head of PCA unit resigns at Beverly Enterprises
- FORT SMITH, Ark.--BUSINESS WIRE--Jan. 17, 1996--Beverly Enterprises Inc. (NYSE:BEV) Wednesday announced that Robert D. Woltil has resigned as an executive vice president of the corporation and president of its Pharmacy Corporation of America PCA subsidiary.Woltil, 41, was appointed to that position in May 1995 and previously had served as executive...
- Research articles 1970-01-01
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