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Louisville-based Kindred Healthcare trims earnings outlook for entire year

Louisville Courier-Journal, October 23, 2008

Kindred Healthcare, a Louisville, KY-based hospital operator and healthcare services company, has lowered its outlook for earnings in the third quarter and for the full year because of weaker-than-expected hospital performance. The company expects third-quarter earnings of between 1 and 3 cents a share, drastically lower than its previous guidance calling for earnings of 20 to 25 cents a share.