Standard Register Shares Jump on New Deal (SR)

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Printing and communications company Standard Register Co. (NYSE: SR) announced today that it had signed an agreement with HealthTrust Purchasing Group LP that includes, for the first time, a contract for HealthTrust to use Standard’s automation software for patient registration, identification, and clinical workflow. Standard noted that it has had a relationship with HealthTrust, a group purchasing company that serves about 12,000 health care facilities in the US.

Standard Register shares are up more than 10% at $1.26 in a 52-week range of $1.14-$3.58. The company’s shares have been trading around an all-time low for all of this month.