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Labcorp to Announce Third Quarter Financial Results on October 24, 2024
Prnewswire· 2024-09-25 04:16
BURLINGTON, N.C., Sept. 24, 2024 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, will release its financial results for the third quarter of 2024 before the market opens on Thursday, October 24, 2024. The company will host a conference call and webcast beginning at 9 a.m. ET that day to discuss the results. The earnings press release and accompanying financial information will be posted on the Labcorp Investor Relations website.The call will be webcas ...
LH Stock Likely to Gain From the Molecular Bioanalytical Lab Expansion
ZACKS· 2024-09-24 22:10
Labcorp (LH) has announced the expansion of its molecular bioanalytical laboratory in Greenfield, IN. The expanded facility will increase the company’s global molecular bioanalytical capacity, enabling the company to help biopharmaceutical customers bring life-saving advanced therapies to patients faster.The latest development is expected to positively boost the company’s Central Laboratories business under the Biopharma Laboratory Services (“BLS”) segment.Predicting LH Stock Movement Following the NewsSinc ...
Ovia Health Expands Women's Health Offerings with Comprehensive Postpartum Experience
Prnewswire· 2024-09-18 19:00
The American College of Obstetricians and Gynecologists (ACOG) recommends postpartum care be treated as an ongoing process rather than a single doctor's visit. However, estimates suggest that a significant number of women do not attend even one postpartum appointment, in part due to access barriers like lack of health insurance, transportation and childcare."The postpartum period is a precarious time for women in the United States. Current standards of care provide insufficient support for women who may be ...
Labcorp Stock Gains From Its Latest Acquisition of BioReference Health
ZACKS· 2024-09-18 01:15
Labcorp Holdings Inc. (LH) recently announced the completion of its acquisition of select assets of BioReference Health — a wholly-owned subsidiary of OPKO Health, Inc. (OPK). The transaction is aimed at providing customers with greater access to Labcorp's comprehensive, high-quality laboratory services, scientific expertise and expanded testing capabilities in key regions across the United States.Likely Trend of LH Stock Following the NewsFollowing the announcement, shares of Labcorp rose 2.1% to $225.76 y ...
LABCORP PRICES $650,000,000 IN 4.350% SENIOR NOTES DUE 2030, $500,000,000 IN 4.550% SENIOR NOTES DUE 2032 AND $850,000,000 IN 4.800% SENIOR NOTES DUE 2034
Prnewswire· 2024-09-17 06:35
BURLINGTON, N.C., Sept. 16, 2024 /PRNewswire/ -- Labcorp Holdings Inc. (NYSE:LH) (Labcorp) announced today that its wholly owned subsidiary, Laboratory Corporation of America Holdings (LCAH), has priced its offering of $2,000,000,000 in senior notes (the Offering). The Offering consists of three tranches: $650,000,000 aggregate principal amount of 4.350% Senior Notes due 2030 (the 2030 Notes), $500,000,000 aggregate principal amount of 4.550% Senior Notes due 2032 (the 2032 Notes) and $850,000,000 aggregate ...
Labcorp Completes Acquisition of Select Assets of BioReference Health's Diagnostics Business from OPKO Health
Prnewswire· 2024-09-16 19:30
Enhances Labcorp's laboratory services network and expands access to its clinical services BURLINGTON, N.C. and MIAMI, Sept. 16, 2024 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, and OPKO Health, Inc. (Nasdaq: OPK), a multinational biopharmaceutical and diagnostics company, announced today the completion of Labcorp's acquisition of select assets of BioReference Health, a wholly owned subsidiary of OPKO Health. The transaction is expected to provide ...
Labcorp Stock Gains From Market Expansion Efforts Amid Macro Woes
ZACKS· 2024-09-13 00:01
Labcorp Holdings, Inc. (LH) has been benefiting from the solid execution of its strategic priorities. Investments in targeted high-growth areas are expected to continue the momentum. The company faces headwinds from macroeconomic uncertainties and growing foreign exchange issues. The stock carries a Zacks Rank #3 (Hold) currently.Factors Driving LH StockAs part of its expansion efforts, Labcorp is focusing more on key growth areas such as oncology, women’s health, autoimmune disease and neurology. The compa ...
LH Stock Expected to Gain From the Ballad Health Acquisition Deal
ZACKS· 2024-09-11 21:27
Labcorp (LH) has announced a strategic collaboration with Ballad Health to provide outreach laboratory services across the Appalachian Highlands region. Under the agreement, the company will acquire select operating assets of Ballad Health’s outreach lab services, which, combined with their ongoing partnership, aim to enhance patient care, expand access to advanced testing and improve efficiency for the health system and its patients.The companies expect to close the transaction in December 2024, subject to ...
Should You Hold Labcorp (LH) Stock in Your Portfolio Now?
ZACKS· 2024-08-22 21:55
Laboratory Corporation of America Holdings (LH) , or Labcorp, is poised for growth in the upcoming quarters due to its series of strategic acquisitions and partnerships. The company is nearing its targeted savings for the Launchpad business process improvement initiative by the end of 2024. Additionally, its strong emphasis on high-growth sectors like oncology, women’s health and neurology paves the way for substantial market gains.Meanwhile, unfavorable solvency and the adverse impacts of macroeconomic cha ...
Labcorp (LH) Gains From New Collaborations Amid FX Issues
ZACKS· 2024-08-15 01:47
Labcorp (LH) has been benefiting from the solid execution of its strategic priorities. Investment in targeted high-growth areas should continue to drive the momentum. The company faces headwinds from macroeconomic uncertainties and currency translations. The stock carries a Zacks Rank #3 (Hold) currently.As part of its expansion efforts, Labcorp is focusing more on key growth areas such as oncology, women’s health, autoimmune disease and neurology. The company’s ability to develop, license and ultimately sc ...