Sector: Health Care
Industry: Health Services
Recent High: On Dec. 18, ARTC hit a high of $16.34
Recent Low: On Jan. 20, ARTC had a low of $3.02
Price on March 4: $3.03
Current SmartStops exit alert: $2.45
A few weeks ago, TheStreet.com reported that Arthrocare has been struggling to secure routine coverage for PDD surgery for years. And in the past, the company could at least count on Medicare to review -- and sometimes approve -- the surgeries on a case-by-case basis. Now that Medicare has issued a formal non-coverage decision, however, the agency can routinely deny payment for the operations -- and it can influence traditional health insurers to do the same.
Sector: Basic materials
Industry: Metals and mining
Recent High: On Jan. 6, CENX hit a high of $12.80
Recent Low: On March 3, CENX had a low of $1.31
Price on March 4: $1.50
Current SmartStops exit alert: $1.23 Century seems to be in a tough situation these days. Earnings are dropping and they are closing smelters. The global financial crisis and sharp declines in metals prices have forced several aluminum companies to abandon or put on hold their plans to bring new mines on-stream. Other aluminum producers also have shut down or curtailed output at mines and plants as high costs and low prices create obvious problems.