Lab Corp. (LH) Frustrated with CLFS Proposal, UBS Cuts Price Target to $119
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Laboratory Corporation of America® Holdings Announces 2015 Third Quarter Results
October 26, 2015 6:45 AM EDTQ3 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
LabCorp Acquires Safe Foods International Holdings
October 23, 2015 8:00 AM EDTTransaction 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
