Publisher’s Letter: Obamacare chaos
Dear Reader: As I write this, the news media is feasting on the bungled rollout of healthcare.gov, the website for the new federal healthcare exchange that was supposed to be the place where Americans could sign up for coverage. Anyone even remotely associated with the debacle is being pilloried, particularly our Commander in Chief. So […]
REIT Report: Sudden CEO change raises eyebrows
‘Management style’ blamed for Jay Flaherty’s abrupt departure from HCP Inc. By Murray W. Wolf In an Oct. 3 news release, healthcare real estate investment trust (REIT) HCP Inc. (NYSE: HCP) announced that longtime chairman, president and CEO James F. “Jay” Flaherty III had been terminated. Lauralee Martin, a top executive with Jones Lang LaSalle […]
Capital Markets: No ‘turning point’ yet in sight
With money flowing into stocks, hospitals feeling stress accessing bond market Have we reached an inflection point? That does not seem likely, as October was one of the most active months for IPOs since 2007. Most recently, we had the Twitter initial public offering (IPO), which minted 1,600 millionaires and generated $485 million and $1.72 […]