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Labs Under Pressure
Published:
Tuesday, 28 Jul 2009 | 3:58 PM ET
Text Size 
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
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game
- The Gold Rush Is On
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