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A Peek Into The Market Before The Trading Starts
Friday, February 8, 2013 - 7:23am | 408Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting trade data. Futures for the Dow Jones Industrial Average dropped 1 point to 13,897.00 and S&P 500 index futures rose 1.20 points to 1,506.50. Nasdaq 100 futures climbed 4.75 points to 2,746.75. A Peek Into...
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UPDATE: Laboratory Corp Posts Lower Q4 Profit
Friday, February 8, 2013 - 7:21am | 55Laboratory Corp of America Holdings (NYSE: LH) reported a decline in its Q4 profit. Laboratory Corp's quarterly net income fell to $120.2 million, or $1.26 per share, versus $135.4 million, or $1.34 per share, in the year-ago period. Excluding one-time items, it earned $1.54 per share. Laboratory...
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US Stock Futures Flat; Trade Data, Moody's Earnings In Focus
Friday, February 8, 2013 - 6:07am | 466US stock futures are mostly flat this morning, as investors are awaiting trade data. Futures for the Dow Jones Industrial Average gained 3 points to 13,901.00 and S&P 500 index futures rose 0.30 points to 1,505.60. Nasdaq 100 futures climbed 2.75 points to 2,745.00. US stocks closed lower on...
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Earnings Scheduled For February 8, 2013
Friday, February 8, 2013 - 2:31am | 500American Axle & Manufacturing Holdings (NYSE: AXL) is expected to report its Q4 earnings at $0.10 per share on revenue of $729.35 million. Beacon Roofing Supply (NASDAQ: BECN) is projected to report its Q1 earnings at $0.41 per share on revenue of $525.50 million. AOL (NYSE: AOL) is estimated...
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Stocks To Watch For February 8, 2013
Friday, February 8, 2013 - 1:49am | 169Some of the stocks that may grab investor focus today are: Wall Street expects Laboratory Corp. of America Holdings (NYSE: LH) to report its Q4 earnings at $1.62 per share on revenue of $1.39 billion. Laboratory Corp shares fell 0.17% to $91.48 in after-hours trading. LinkedIn (NYSE: LNKD)...
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Verastem Enters Agreement with LabCorp to Validate Biomarkers
Wednesday, January 9, 2013 - 7:57am | 113Verastem (NASDAQ: VSTM) entered an agreement with Laboratory Corporation of America Holdings (NYSE: LH) to validate biomarkers for its lead focal adhesion kinase (FAK) inhibitor VS-6063 in the development of an applicable companion diagnostic. The biomarkers...
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Stocks Hitting 52-Week Highs
Monday, December 17, 2012 - 1:25pm | 116Pulaski Financial (NASDAQ: PULB) shares gained 3.72% to create a new 52-week high of $9.19. Pulaski Financial's trailing-twelve-month operating margin is 39.12%. LHC Group (NASDAQ: LHCG) shares jumped 1.16% to create a new 52-week high of $20.99. LHC Group's PEG ratio is 1.36. First Bancorp (...
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LHC Group Announces Completion of SEC Investigation, No Enforcement Action to be Taken
Tuesday, December 4, 2012 - 7:07am | 219LHC Group (NASDAQ: LHCG), a national provider of post-acute care, has been advised by the Securities and Exchange Commission (SEC) that the commission's investigation into the company's participation in the Medicare Home Health Prospective Payment System has been completed and that the SEC staff...
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Top 4 Mid-Cap Stocks In The Medical Laboratories & Research Industry With The Lowest PEG Ratio
Friday, November 2, 2012 - 2:00am | 118Below are the top mid-cap medical laboratories & research stocks on the NYSE and the NASDAQ: in terms of PEG ratio. Laboratory Corp. of America Holdings (NYSE: LH) has a PEG ratio of 1.05. Laboratory Corp's trailing-twelve-month revenue is $5.63 billion. Quest Diagnostics (NYSE: DGX) has a...
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UPDATE: LabCorp Posts Upbeat Q3 Profit
Thursday, October 18, 2012 - 6:41am | 56Laboratory Corp of America Holdings (NYSE: LH) posted an upbeat third-quarter profit. LabCorp's quarterly net earnings surged to $148.0 million, or $1.53 per share, from $134.3 million, or $1.31 per share, in the year-ago period. Excluding items, it earned $1.76 per share, versus analysts'...
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Earnings Scheduled For October 18, 2012
Thursday, October 18, 2012 - 2:22am | 538Alliance Data Systems (NYSE: ADS) is expected to report its Q3 earnings at $2.21 per share on revenue of $893.92 million. Baxter International (NYSE: BAX) is estimated to report its Q3 EPS at $1.14 on revenue of $3.52 billion. Google (NASDAQ: GOOG) is expected to post its Q3 EPS at $10.65 on...
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LabCorp Announces Changes to Board of Directors
Thursday, October 11, 2012 - 4:05pm | 332Laboratory Corporation of America® Holdings (NYSE: LH) today announced that Thomas P. Mac Mahon has informed the Board of Directors of his decision to retire from the Board at the conclusion of his current term on May 8, 2013. The Company also announced that Peter M. Neupert has been appointed to...
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Conversion Right Triggered for LabCorp's Zero Coupon Convertible Subordinated Notes Due 2021
Monday, October 1, 2012 - 4:05pm | 250Laboratory Corporation of America® Holdings (NYSE: LH) announced today that its Zero Coupon Convertible Subordinated Notes due 2021 (Zero Coupon Notes) may be converted as set forth below. The Zero Coupon Notes are convertible into cash and Common Stock of LabCorp, if any, subject to the terms of...
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LabCorp Addresses Rumors of Buyout
Wednesday, August 1, 2012 - 8:24am | 81Laboratory Corporation of America® Holdings (NYSE: LH) today announced it is aware of the recent reports regarding possible plans by private equity firms to seek to effect a leveraged buyout of the Company. The Company has no knowledge of any such plans and is not in current discussions with any...
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LabCorp Completes Acquisition of MEDTOX
Wednesday, August 1, 2012 - 7:30am | 113Laboratory Corporation of America® Holdings (NYSE: LH) today announced the completion of its acquisition of MEDTOX Scientific, Inc. (NASDAQ: MTOX), effective July 31, 2012. At a special meeting held on July 31, 2012, MEDTOX's stockholders approved the acquisition and the transaction closed...