| LabCorp earnings short of expectations
Laboratory Corp. of America missed analysts' expectations for earnings as the Burlington-based company reported $31.3 million in charges for job cuts and a laboratory closing.LabCorp, the second largest provider of medical tests behind New Jersey-based Quest Diagnostics, reported $111.2 million in third quarter profit, or 92 cents per share. That was up 1.5 percent from the same period a year ago. Analysts had expected earnings of at least $1.06 per share, according to Thomson Financial.Excluding the charges, LabCorp generated $1.07 earnings per share.Revenue for the three months ending Sept. 30 was $1.02 billion, or 12.2 percent over the third quarter 2006.LabCorp, which employs 24,000 -- including 1,000 in the Triangle -- is in a fierce competition with Quest.About a year ago, LabCorp snatched a $3 billion contract from Quest.
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Richardson is the latest member of the Fenty administration to leave out of frustration. The former senior staffer submitted his resignation Thursday afternoon, effective Friday. The resignation comes just weeks after Fenty's Attorney General Linda Singer quit. Sources close to Singer say she quit because Fenty's General Counsel, Peter Nickles, was over stepping his authority. Last April, Merrit Drucker, Fenty's Director of Community Services and Relations quit. He told the Washington City Paper, "I was not going to be a toothless lapdog." Richardson tells WTOP he grew increasingly frustrated with being shut out of Mayor Adrian Fenty's decision making process, and he says he's not alone. "I think as I listen to the folks in the neighborhoods and I talk to people in the Wilson Building and other government buildings, I think there is a growing frustration that there's one single voice making all the decisions in the city.
Power Slowly Returns As Crews Repair Lines Snapped in Midwest Ice ...
It will still be cold and nasty outside and may slow efforts to restore power and remove tree limbs and such," said Patrick Burke, a weather service meteorologist in Norman, Okla. Sunshine was possible in hard-hit Oklahoma during the afternoon and temperatures could reach the 40s Thursday, the weather service said. By late Friday, however, another storm could bring 2 to 4 inches of snow to parts of the region. Ice up to 1 1/2 inches thick has glazed much of the central Plains and Midwest this week. At least 27 deaths — mostly traffic accidents — have been blamed on the storm system since it developed last weekend. Outside that affected area, forecasters said more snow, sleet and freezing rain could develop Wednesday across the northern Ohio Valley and into New England.
Delay over Japanese fleet in Southern Ocean blasted
The delayed start to the mission comes after the Government indicated on December 19 the Oceanic Viking would be deployed within days to gather evidence for an international legal challenge against whaling. Watch the video below (WARNING! CONTAINS SCENES THAT SOME VIEWERS MAY FIND OFFENSIVE) Anti-whaling groups, which are scouring the Southern Ocean for the Japanese fleet, yesterday said more than 300 whales could have been killed. Paul Watson, captain of the protest boat Steve Irwin, said the Japanese fleet had probably gone a long way towards killing its season quota of more than 900 whales. "They've probably taken about a third of their quota," Capt Watson said. Mr Smith rejected criticism of the Government's failure to put the Oceanic Viking to sea or to send surveillance flights sooner.
Purchasing Blogs
Ray Mazzoleni is the corporate purchasing manager, services at Genzyme Corp. He has extensive purchasing and contracts management experience working with start up and Fortune 500 organizations in high tech and service industries, including: Lotus Development Corp., Iron Mountain Records Management and the Thomson Corp. Ray has developed and managed corporate purchasing functions, established programs to meet cost reduction objectives and implemented systems to increase operational efficiency. He has also been active in purchasing education serving as an adjunct professor at the University of Massachusetts-Lowell and authoring a self-study course, "Achieving Success in Purchasing." Ray is a lifetime Certified Purchasing Manager (C.P.M.) through the Institute of Supply Management (ISM) and has served on the Board of Directors of the Purchasing Management Association of Boston (PMAB), New Hampshire and the New England Minority Purchasing Council.
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