Health Mgmt says 4Q profit grows 17 percent

Hospital operator
Health Management Associates Inc.
said Monday its profit climbed 17 percent in the fourth quarter, aided by a large gain from early debt retirement.
The company reported net income of $14.5 million, or 6 cents per share. That compares with $12.5 million, or 5 cents per share, a year earlier. Excluding one-time items, Health Management Associates
) said it earned 7 cents per share from continuing operations. Revenue grew 3 Read the rest of this entry »

Authorities say criminal lawyer was paid in guns, drugs

Updated with further details at 4:30 p.m.
A San Bernardino criminal defense attorney was arrested on suspicion of accepting guns and drugs in exchange for his legal services, authorities said.
Gary Stephen Redinger, 59, who once ran for Superior Court judge, was arrested last Wednesday morning after a search of his house turned up suspected methamphetamine and more than 30 firearms, according to San Bernardino County Sheriff’s Deputy Donald Read the rest of this entry »