The stock market capped a quiet week of trading on a down note.
Major indexes fell from the start on Friday as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much of the rest of the day drifting between losses and gains as investors considered a mixed bag corporate earnings and a slight enhance in inflation.
The Standard & Poor’s 500 index closed down 4.76 points, or 0.2 percent, to 2,126.06. The Dow Jones industrial average fell 53.72 points, or 0.3 percent, to 18,232.02. The Nasdaq composite edged down 1.43 points to 5,089.36.
On Friday, from Healthcare Sector, Shares of Quest Diagnostics Inc. (NYSE:DGX), gained 7.74% to $79.60, hitting its highest level.
On May 15, Quest Diagnostics declared that its Board of Directors declared a quarterly cash dividend of $0.38 per share, payable on July 22, 2015 to shareholders of record of Quest Diagnostics common stock on July 8, 2015.
Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally. The company offers clinical testing services, such as routine testing, gene-based and esoteric testing, anatomic pathology services, and drugs-of-abuse testing, in addition to related services and insights; laboratory testing services for new drugs, vaccines, and medical devices; analytic, on-site prevention, and wellness services; and risk assessment services for the life insurance industry.
From Technology Sector, Shares of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX), inclined 2.74% to $14.60, during its last trading session.
The Autism Center at Hospital for Special Care (HSC), an Allscripts client in New Britain, CT, USA, is the first organization to receive the Patient Centered Specialty Practice (PCSP) recognition for Autism from the National Committee for Quality Assurance (NCQA). This recognition highlights specialty practices that successfully coordinate patient care and communicate with their primary care colleagues, other specialists and patients.
HSC extended their Sunrise platform by deploying Allscripts SunriseTM Ambulatory Care to create an integrated electronic health record (EHR) process to meet PCSP criteria. The organization met or exceeded national standards for:
- Communicating with primary care clinicians to exchange key information and establish coordinated care plans
- Providing timely access to care and clinical advice based on patient need
- Using a systematic approach to track referrals and coordinate care
- Measuring and improving performance over time.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada.
From Financial Sector, Shares of NorthStar Realty Finance Corp. (NYSE:NRF), lost -0.38% to $18.14.
Research firm Zacks has rated NorthStar Realty Finance, and has ranked it at 4, indicating that for the short term the shares are a sell. 5 Wall Street analysts have given the company an average rating of 1.2. Strong buy was given by 4 Wall Street Analysts. The company had a buy rating from 1 analysts.
NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset administration company in the United States. It focuses on originating, structuring, acquiring, and managing senior and subordinate debt investments secured primarily by commercial, multifamily, and healthcare properties, which comprise first mortgage loans, subordinate mortgage interests, mezzanine loans, credit tenant loans, and other loans, such as preferred equity interests in borrowers who own such properties.
Finally, Himax Technologies, Inc. (NASDAQ:HIMX), ended its last trade with 5.54% gain, and closed at $6.67, following an upgrade from Rosenblatt Securities.
The analyst firm upgraded the semiconductor company to “buy” from “neutral.” Rosenblatt Securities also raised its price target for the company to $9 from $7.40.
Rosenblatt analyst Jun Zhang said the “worst is over” for Himax and that it could become a “prime takeover target.”
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company operates through Driver IC and Non-Driver Products segments. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.
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