Brookdale Stumbles As Low Demand Weighs On Q4

Brookdale Senior Living (BKD) was off more than 8% in Monday afternoon trading, after the elder home company said that it saw weaker-than-expected demand for its newly acquired Emeritus homes in the fourth quarter. The company said it expects cash from facility operations of 53 cents a share, well below the 67 cents analysts were predicting. [...]