Quest Diagnostics 2Q Net Up 14%, Helped By AmeriPath Buy - CNNMoney.com- Cosmetics Beauty News

by Kim on July 23, 2008

Earnings from continuing operations rose to 83 cents a share from 73 cents . In the fourth quarter, Quest boosted its investigation-related reserve by $190 million , pushing the company to a net loss. Settlement discussions began nearly a year ago when the government disclosed a number of legal theories regarding the unit, including alleged violations of civil and criminal statutes including the False Claims Act and the Food, Drug and Cosmetics Act. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use . Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data . read more

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