Healthcare ETF Higher After Tenet Bid, Humana Earnings
May 02, 2011 at 10:38 AM EDT
The largest exchange traded fund (ETF) tracking the healthcare sector rose 1% in morning trade Monday as traders keyed on Community Health Systems’ (NYSE: CYH) increased bid for Tenet Healthcare (NYSE: TCH), and quarterly earnings from Humana (NYSE: HUM). Community Health’s best and final offer “is...