Lab Corp. (LH) Frustrated with CLFS Proposal, UBS Cuts Price Target to $119
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Go back to Lab Corp. (LH) Frustrated with CLFS Proposal, UBS Cuts Price Target to $119
October 26, 2015 6:45 AM EDT
Q3 Net revenue of $2.3 billion, up 46% over last year
Q3 Diluted EPS of $1.49; Q3 Adjusted EPS of $2.07, up 15% over last
year
Q3 Free Cash Flow of $220 million, up 79% over last year
2015 Adjusted EPS guidance updated to $7.80 - $7.95 from $7.75 - $8.00
BURLINGTON, N.C.--(BUSINESS WIRE)--
Laboratory Corporation of America® Holdings (LabCorp® or
the Company) (NYSE: LH) today announced results for the quarter ended
September 30, 2015.
Consolidated Results
Third Quarter Results... More
October 23, 2015 8:00 AM EDT
Transaction Expands Capabilities in Food and Beverage
product-development and product-integrity
BURLINGTON, N.C.--(BUSINESS WIRE)--
Laboratory Corporation of America® Holdings (LabCorp®)
(NYSE: LH) today announced the acquisition of Safe Foods International
Holdings, LLC (SFIH) and its two operating companies, International Food
Network (IFN) and The National Food Laboratory (The NFL). With the
addition of IFN and The NFL, LabCorp now offers an expanded range of
industry-leading services to the global food, beverage and nutrition
industries through Covances Nutritional Chemistry and Food Safety
business. Terms of the transaction were not disclosed.... More
