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Labs Under Pressure
By: Bob Pisani
Reporter
Reporter
Laboratory Service Providers under pressure. Companies that provide laboratory services are down late in the day on talk that the the new Senate Finance Committee bill on healthcare will contain a co-pay for labs that will save some $20 billion over 10 years, which may put pressure on profits of those companies.
Laboratory Corp [LH
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()
] down 2.7 percent, Quest Diagnostics [DGX
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()
] down 3.2 percent.
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POPULAR TRADER TALK POSTS
- Stocks Lurking Near New Highs Again
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- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
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- Gold Shatters Another Record
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