International Nursing Services provides skilled medical personnel for temporary and 'flexible' staffing of the home care market. NURS is associated with over 750 hospitals and other health care facilities. On January 6, 1997, NURS signed a 'definitive agreement' (pending shareholder approval) to purchase Eleventh Hour Inc., a national provider of temporary personnel and outsourcing services to businesses, government, and service and professional organizations through 8 branch locations in the west and midwest. This is NURS' first expansion into this sector of the staffing industry.
This stock has behaved pathetically since it ran from ~1 to ~8 at the end of 1995. The last two days has shown the strongest upside action in months. It is unclear if this is in reaction to the merger announcement, is a classic January rebound, or reflects a reassessment of the company's position in the staffing industry. Use the symbol 'NURS'to search these databases:
pcquote.newsalert.com
investools.com
[The company also has stock warrants under the symbol NURSW]. |
