Technical Analysis on Quest Diagnostics Inc. and Laboratory

Technical Analysis on Quest Diagnostics Inc. and Laboratory Corp. of
America Holdings -- Medical Laboratories Facing Difficult Times 
NEW YORK, NY -- (Marketwire) -- 10/29/12 --  The laboratories &
research industry is currently battling headwinds that could persist
well into 2013 and beyond. Government payments for medical testing
look poised to drop, and with the economy still sputtering, consumers
are taking a closer look at which tests they deem necessary. has initiated technical analysis on Quest Diagnostics
Inc. and Laboratory Corp. of America Holdings which serves the
Medical Laboratories & Research industry. These reports are free upon
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Despite the challenges, several companies have been able to turn in
solid results. Laboratory Corp. of America Holdings had an
encouraging 3rd quarter, with revenues climbing by 1.1% when compared
to the same period last year. GAAP earnings per share were also up,
climbing 17% year-over-year. Investors looking for technical analysis
on Laboratory Corp. of America Holdings are encouraged to use the
link below  
Quest Diagnostics Inc. did not fare as well, as its revenue fell by
2.9% year-over-year while income from continuing operations was flat.
Read our technical analysis on Quest Diagnostics Inc. by clicking on  
With sales hard to come by, companies have been looking to
cost-cutting initiatives and partnerships as ways to improve their
bottom-line. Quest Diagnostics is a good example of this, as it newly
teamed up with UMass Memorial Health Care to buy its clinical
outreach laboratory.  
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