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Stock Market & Financial Investment News

News Breaks
January 22, 2014
08:33 EDTDGXQuest Diagnostics to acquire Solstas Lab Partners for $570M
Quest Diagnostics announced that it has entered into a definitive agreement under which Quest will acquire Solstas Lab Partners Group and its subsidiaries for a total transaction value of approximately $570M. Quest Diagnostics expects the transaction to add approximately 5% in annualized revenues, about 1% of which will be from professional lab services, and be modestly accretive to adjusted earnings per share in 2014. The company expects to complete the acquisition in the first half of 2014, subject to the satisfaction of customary closing conditions.
News For DGX From The Last 14 Days
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November 19, 2014
10:21 EDTDGXHigh option volume stocks
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November 17, 2014
07:16 EDTDGXMilken Institute--Faster Cures to hold a conference
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November 14, 2014
07:14 EDTDGXAmerican College of Rheumatology is holding a meeting
2014 ACR/ARHP Annual Meeting is being held in Boston on November 14-19.
November 13, 2014
10:01 EDTDGXOn The Fly: Analyst Upgrade Summary
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06:16 EDTDGXLabCorp downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded LabCorp (LH) to Hold saying revenue synergies from the Covance (CVD) acquisition are "hard to envision." The firm believes LabCorp is now less of a pure play in the Clinical Labs space and lowered its price target for shares to $115 from $120. Deutsche coupled the downgrade with an upgrade of peer Quest (DGX).
06:13 EDTDGXQuest Diagnostics upgraded to Buy from Hold at Deutsche Bank
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