Thursday, April 19, 2007

Quest Diagnostics profit falls

(Reuters) - CHICAGO, April 19 - Quest Diagnostics Inc. on Thursday posted a drop in quarterly profit and missed Wall Street estimates as the biggest U.S. lab testing company reels from the loss of a big insurance contract to a rival.

First-quarter net income fell to $105.9 million, or 54 cents per share, from $144.6 million, or 72 cents a share, a year earlier.


Read more at Reuters.com Market News

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