Aug 2, 2013

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Hot Movers: HCA Holdings (NYSE:HCA) and CME Group (NYSE:CME)

Hot Movers: HCA Holdings (NYSE:HCA) and CME Group (NYSE:CME)

HCA Holdings (NYSE:HCA) announced that its second-quarter earnings surged 8.2%, as the hospital operator marked higher patient volumes and enhanced revenue per equivalent admission.

HCA lately reported that it predicted earnings for the quarter higher than expert forecasts, indicating to a hike in hospital visits.

The biggest publicly possessed hospital operator in the US logged a profit of $423 million, or 91 cents per share, as compared to a year-ago profit of $391 million, or 85 cents per share.

Results for the recent quarter contained gains on sales of plants of $4 million, in contrast with declines on sales of plants of $2 million in the year-ago quarter. Revenue moved up 4.2% to $8.45 billion.

Shares of HCA, which supported its outlook for the year, ended on Wednesday at $39 and were inactive during the premarket session. The stock has moved lower 1.2% in the past three months.

CME Group Inc.’s (NYSE:CME) announced that its second-quarter profit moved up 27%, exceeding Street views, as the exchange operator took advantage from superior market instability that caused a double-digit-percentage increase in trading volume for the quarter.

The parent firm of the Chicago Mercantile Exchange reported a daily average of 14.3 million contracts traded throughout its platforms in the quarter, higher 16% from a year ago same qaurter.

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