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Quest Diagnostics Announces Board Leadership Changes

Quest Diagnostics Announces Board Leadership Changes
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S.D. Calif & N.D. Ohio Disagree with Creasy Ruling

Friday, February 5, 2021
Barr v. American Association of Political Consultants, Inc. (“
AAPC”), 140 S. Ct. 2335 (2020), the Supreme Court decision that held the TCPA’s government-debt exception instituted via a 2015 amendment to the statute violated the First Amendment. Courts recently have dealt with the issue of whether plaintiffs can bring TCPA claims for conduct occurring between 2015 and July 2020, the date the unconstitutional amendment was passed and the date the Supreme Court declared the amendment unconstitutional and ordered it severed from the TCPA. The Eastern District of Louisiana said the answer to this question is no.
Creasy v. Charter Communications, Inc., 2020 WL 5761117 (E.D. La. Sept. 28, 2020). The district courts for the Southern District of California and the Northern District of Ohio disagree, as we discuss below. Our prior posts on this issue, which we have been following closely, can be found here. ....

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Quest Diagnostics Reports Fourth Quarter And Full Year 2020 Financial Results; Establishes Outlook For First Half Of 2021

Quest Diagnostics Reports Fourth Quarter And Full Year 2020 Financial Results; Establishes Outlook For First Half Of 2021
- Fourth quarter revenues of $3.0 billion, up 55.8% versus 2019
- Fourth quarter diluted earnings per share from continuing operations ( EPS ) of $4.21, up 126.9% from 2019; and adjusted diluted EPS of $4.48, up 167.7% from 2019
- Full year revenues of $9.44 billion, up 22.1% from 2019
- Full year diluted EPS of $10.47, up 70.8% from 2019; and adjusted diluted EPS of $11.18, up 70.4% from 2019
- Full year cash provided by operations of $2.0 billion, up 61.3% from 2019
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SECAUCUS, N.J., Feb. 4, 2021 /PRNewswire/ Quest Diagnostics Incorporated (NYSE: DGX), the world s leading provider of diagnostic information services, announced today financial results for the fourth quarter and full year ended December 31, 2020. ....

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Quest Increases Dividend

Quest Increases Dividend
WASHINGTON (dpa-AFX) - Quest Diagnostics Incorporated (DGX) said its Board of Directors has increased the company s share repurchase authorization by $1 billion. The increased authority is in addition to the $917 million that was available as of December 31, 2020 under the share repurchase program.
Quest Diagnostics also announced its Board of Directors has authorized a 10.7% increase in quarterly dividend from $0.56 to $0.62 per share. The increase is effective with the dividend payable on April 21, 2021 to shareholders of record on April 7, 2021. With the increase, the annual dividend will be $2.48 per share.
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Quest Diagnostics Increases Dividend 10.7% To $0.62 Per Quarter; Announces $1 Billion Increase in Share Repurchase Authorization

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SECAUCUS, N.J., Feb. 4, 2021 /PRNewswire/ Quest Diagnostics Incorporated (NYSE: DGX), the world s leading provider of diagnostic information services, announced today the Company s Board of Directors has authorized a 10.7% increase in its quarterly dividend from $0.56 to $0.62 per share. The increase is effective with the dividend payable on April 21, 2021 to shareholders of record of Quest Diagnostics common stock on April 7, 2021. With the increase, the annual dividend will be $2.48 per share. This dividend increase is the Company s tenth since 2011.
Additionally, the Board of Directors has increased the Company s share repurchase authorization by $1 billion. The increased authority is in addition to the $917 million that was available as of December 31, 2020 under the Company s share repurchase program. For the three months ended December 31, 2020, the Company repurchased 2.0 million shares of its common stock for $250 milli ....

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