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Thursday 24 September 2015
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Friday’s Trade News Buzz on: AMN Healthcare Services, (NYSE:AHS), Tractor Supply (NASDAQ:TSCO), The Medicines (NASDAQ:MDCO), AmTrust Financial Services (NASDAQ:AFSI)

On Friday, AMN Healthcare Services, Inc. (NYSE:AHS)’s shares declined -3.67% to $34.12.

AMN Healthcare Services, Inc. (AHS), the nation’s leader and innovator in healthcare workforce solutions and staffing services to healthcare facilities across the nation, is planned to present at four conferences in September:

  • The Baird 2015 Healthcare Conference on Wednesday, September 9, 2015 at 11:25 a.m. Eastern Time at The New York Palace Hotel in New York, New York.
  • CL King’s 2015 Best Ideas Conference on Thursday, September 10, 2015 at 8:00 a.m. Eastern Time at the Omni Berkshire Place Hotel, New York, New York.
  • Credit Suisse’s 6th Annual Small & Mid Cap Conference on Wednesday, September 16, 2015 at 1:50 p.m. Eastern Time at the Waldorf Astoria Hotel in New York, New York.

AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Healthcare Staffing, Locum Tenens Staffing, and Physician Permanent Placement Services.

Tractor Supply Company(NASDAQ:TSCO)’s shares dropped -4.53% to $85.59.

Tractor Supply Company (TSCO), the largest rural lifestyle retail store chain in the United States, is putting its horsepower behind a high-profile project in the Company’s own backyard: a new multi-purpose equestrian facility presently under construction at the Park at Harlinsdale Farm in Franklin, Tennessee, which will be branded as “Tractor Supply Co. Arena” when it opens in late September of 2015.

Tractor Supply has made a five-year sponsorship commitment to Friends of Franklin Parks, which will enable the non-profit organization to introduce more people in the area to a variety of equestrian experiences through this new facility. In addition to horse competitions, riding lessons and arena polo matches, Friends of Franklin Parks plans to use the Tractor Supply Co. Arena to implement educational partnerships with schools and work-to-ride programs that ensure every child has an opportunity to learn to ride.

Tractor Supply Company operates rural lifestyle retail stores in the United States. It offers a selection of merchandise, counting equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of March 28, 2015, the company operated 1,422 stores in 49 states.

At the end of Friday’s trade, The Medicines Company(NASDAQ:MDCO)‘s shares dipped -1.18% to $30.94.

The Medicines Company (MDCO) declared its financial results for the second quarter and first half of 2015.

Second-Quarter 2015 Financial Summary

Worldwide net revenue was $90.5 million for the second quarter of 2015 contrast to $183.8 million in the second quarter of 2014. Worldwide Angiomax®/Angiox® (bivalirudin) revenue was $65.6 million in the second quarter of 2015 contrast to $163.1 million in the second quarter of 2014, with revenue in the United States decreasing to $60.5 million in the second quarter of 2015 from $152.2 million in the second quarter of 2014. Recothrom®, Thrombin topical (Recombinant) sales were $15.9 million contrast to $16.3 million in the second quarter of 2014. Other products counting Cleviprex® (clevidipine), Argatroban for Injection, 50 mg per mL, Minocin® (minocycline) for injection, Orbactiv® (oritavancin) and PreveLeakTM Surgical Sealant recorded sales of $9.0 million during second quarter of 2015 contrast to $4.4 million in the second quarter of 2014. Not taking into account Angiomax, the company recorded 20% higher net revenue during the second quarter of 2015 contrast to the second quarter of 2014.

The Medicines Company provides medicines for patients in acute and intensive care hospitals worldwide. The company markets Angiomax, an intravenous direct thrombin inhibitor used as an anticoagulant in combination with aspirin in patients with unstable angina undergoing percutaneous transluminal coronary angioplasty, and for use in patients undergoing percutaneous coronary intervention; Cleviprex, an intravenous small molecule calcium channel blocker for blood pressure reduction; Minocin IV, an antibiotic for the treatment of infections due to gram-negative bacteria; Orbactiv for the treatment of acute bacterial skin and skin structure infections; PreveLeak, a mechanical vascular and surgical sealant; ready-to-use formulation of Argatroban for the treatment of thrombosis; and Recothrom, a human recombinant thrombin used as an aid to hemostasis, in addition to acute care generic products for acute cardiovascular, surgery and perioperative care, and serious infectious diseases.

AmTrust Financial Services Inc(NASDAQ:AFSI), ended its Friday’s trading session with -7.46% loss, and closed at $58.44.

A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to AmTrust Captive Solutions Limited (ACS) (Luxembourg). The outlook assigned to both ratings is stable.

The ratings reflect the explicit support offered by AmTrust Financial Services, Inc’s (AFSI) [NASDAQ:AFSI] Bermuda partner, AmTrust International Insurance, Ltd. (AIIL), in the form of an intercompany quota share agreement that will be executed following regulatory approval. The ratings of AFSI have been extended to ACS as a result of the aforementioned quota share agreement. All remaining ratings of AFSI and its auxiliaries are unchanged.

AmTrust Financial Services, Inc., through its auxiliaries, underwrites and provides property and casualty insurance in the United States and internationally. It operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers’ compensation, and other property and casualty insurance products, in addition to commercial package insurance products, such as commercial property, general liability, inland marine, automobile, and umbrella coverage to small businesses.

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