Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
(Reuters) - HCA Healthcare missed Wall Street estimates for quarterly profit on Tuesday, hurt by an increase in staffing costs and weak sales at its physician staffing joint venture Valesco, sending its shares down 10% in premarket trading.
The company did not provide details on the unit, but analysts had anticipated a hit from an increase in physician expenses during the quarter.
HCA in July said it had acquired majority stake in Valesco, its joint venture with a unit of bankrupt physician provider service Envision Healthcare.
HCA, the largest for-profit hospital operator in the U.S., reported adjusted profit of $3.91 per share for the third quarter ended September, compared with analysts' average estimate of $3.98 per share, according to LSEG data.
(Reporting by Leroy Leo in Bengaluru; Editing by Shweta Agarwal)
