Abcorp News Today

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has denied that its founder Tan Sri Vincent Tan is in talks regarding a casino licence in Forest City, Johor, as reported recently.

While reporting financial results for the first quarter on Thursday, life sciences company Labcorp (LH) narrowed adjusted earnings and revenue growth guidance range for the full-year 2024.

Labcorp is buying the clinical diagnostics and reproductive women’s health businesses of BioReference Health, excluding those assets in New York and New Jersey. Labcorp has returned to being fully focused on lab-testing after last year’s spinoff of Fortrea, its former clinical trial services business.

While reporting financial results for the fourth quarter on Thursday, life sciences company Labcorp (LH) initiated adjusted earnings and revenue growth guidance for the full-year 2024.

Laughing Water Capital, an investment management company, released its fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, investment in the fund returned 3.2% bringing the yearly returns to 11.8%, net of all fees and expenses. The SP500TR and R2000 returned 11.7% and 14.0% during the quarter, respectively, […]

Legacy Health has sold a medical office building on its Legacy Emanuel Medical Center campus for $60.5 million, in an effort to fix its "significant" liquidity

Legacy Health has completed the sale of its outreach laboratory operations to Labcorp to improve itsfinancial health.

PETALING JAYA: Berjaya Land Bhd (BLand) has secured a syndicated loan of US$330mil (RM1.6bil) with a consortium of Japanese financial institutions, led by Tokyo Star Bank, Ltd and co-led by Okinawa Development Finance Corp and Bank of The Ryukus.

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has acquired about 37.25 million ordinary shares representing about 2.12% equity interest in Berjaya Food Bhd (BFood) for RM26.59mil cash, or at an average purchase price of about 71.4 sen per BFood Share.

Laboratory Corporation of America Holdings (NYSE:LH) Q3 2023 Earnings Call Transcript October 26, 2023 Laboratory Corporation of America Holdings beats earnings expectations. Reported EPS is $3.38, expectations were $3.37. Operator: Welcome to the Laboratory Corporation of America Holdings Third Quarter 2023 Earnings Conference Call. At this time all participants are in listen only mode. After […]