Tenet Healthcare surges, Trump nixes China-backed Lattice deal, Equifax falls farther

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

Tenet Healthcare (THC) shares soared in early trading after the Wall Street Journal reported that the hospital operator hired banking advisers to explore its options, including putting the company up for sale. Last month, Tenet also said it’s replacing its longtime CEO and some board members after increased pressure from investors.

Equifax (EFX) remains in focus. The credit reporting company is blaming a web server bug in its open-source software for its massive data breach. The company is now sourcing an independent cybersecurity firm to determine what exact information was compromised. The company’s CEO is set to testify before a special House panel on October 3.

Lennar (LEN) said deliveries and new orders for the quarter came in below expectations. The homebuilder says areas impacted by Hurricanes Harvey and Irma represent 40% of Lennar’s annual revenue. The company expects rebuilding efforts to increase demand next year.

Lattice Semiconductor (LSCC) shares were on the move after President Donald Trump blocked a foreign investor, who is backed by the Chinese government, from buying the company. The president says he made the move because it’s a matter of national security. This is only the fourth time in about a quarter century a U.S. president has stopped a company takeover on security concerns.

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