LH News and Press, Laboratory Corporation of America Holdings From 08/23/22

Transaction Expands Labcorp’s Footprint with New Jersey’s leading academic health system Labcorp (NYSE: LH), a leading global life sciences company, today announced that it has closed its acquisition of RWJBarnabas Health’s outreach laboratory busine...

LabCorp announced that it is pursuing a tax-free spinoff of its Drug Development segment. The transaction will separate a slower-growing, highly profitable cash cow from a high growth business, allowing investors to realize significant value. The advantages of the businesses being...

Labcorp is a well-run company that should benefit from long-term secular trends in the healthcare industry. It benefits from its large patient database, which aids its drug development services business for large pharmaceutical companies. I also highlight the dividend, valuation, ...

In its recent 13-F filing , Jana Partners disclosed new positions in New Relic ( NEWR ) with 3.53M shares; its fund value worth is $1.16B It raised stakes in Laboratory Corporation of America ( LH ) to 0.9M shares from 0.5M shares, SPDR S&P 500 Trust ETF ( SPY ) to...

Sanofi ( NASDAQ: SNY ) said the first patient was enrolled in a European study of the company and AstraZeneca's ( AZN ) antibody nirsevimab to prevent hospitalizations due to Respiratory syncytial virus (RSV) in infants under 12 months of age. The study, ...

BD, Labcorp Collaborate to Develop Flow Cytometry-Based Companion Diagnostics for Matching Patients with Treatments PR Newswire Companies combine key capabilities to advance flow cytometry as an essential companion diagnostic modality for cancer and other diseases ...

UBS surveyed its analysts for stocks with attractive upside vs. downside in volatile markets. "We've focused on stocks where we believe our analysts have a truly differentiated view vs. consensus, and where we have interesting or proprietary data sources (from UBS Evidence Lab or el...

Image source: The Motley Fool. Laboratory Corporation of America (NYSE: LH) Q2 2022 Earnings Call Jul 28, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Laboratory Corporation of America (LH) Q2 2022 Earnings Call ...

Laboratory Corporation of America Holdings (LH) Q2 2022 Earnings Conference Call July 28, 2022, 09:00 ET Company Participants Chas Cook - VP, IR Adam Schechter - President, CEO & Chairman Glenn Eisenberg - CFO & EVP Conference Call Participants ...

Laboratory Corporation of America press release ( NYSE: LH ): Q2 Non-GAAP EPS of $4.96 beats by $0.28 . Revenue of $3.7B (-3.6% Y/Y) misses by $60M . Free Cash Flow: Q2 of $429 million versus $390 million last year Full-Year 2022 Guidance: Adjusted EPS rais...