LabCorp CEO sells 7.8 million in stock on 7/9/12

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Anonymous

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On July 9, 2012, President & CEO of Laboratory Corp. of America Holdings ( LH ) David P King sold 84,800 shares of LH at an average price of $92.11. The total transaction amount is $7,810,928.

Laboratory Corporation of America Holdings is one of the largest independent clinical laboratory company's in the United States. It has a market cap of $8.9 billion; its shares were traded at around $93.11 with a P/E ratio of 14 and P/S ratio of 1.6. Laboratory Corp. Of America Holdings had an annual average earnings growth of 14.8% over the past 10 years.



Read more: http://community.nasdaq.com/News/20...0000-shares.aspx?storyid=155104#ixzz20ReBMdeP
 






Anonymous said:
On July 9, 2012, President & CEO of Laboratory Corp. of America Holdings ( LH ) David P King sold 84,800 shares of LH at an average price of $92.11. The total transaction amount is $7,810,928.

Laboratory Corporation of America Holdings is one of the largest independent clinical laboratory company's in the United States. It has a market cap of $8.9 billion; its shares were traded at around $93.11 with a P/E ratio of 14 and P/S ratio of 1.6. Laboratory Corp. Of America Holdings had an annual average earnings growth of 14.8% over the past 10 years.



Read more: http://community.nasdaq.com/News/20...0000-shares.aspx?storyid=155104#ixzz20ReBMdeP
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I am sure that he earned every penny of that money and that we should all be happy for him!
 


















Anonymous said:
On July 9, 2012, President & CEO of Laboratory Corp. of America Holdings ( LH ) David P King sold 84,800 shares of LH at an average price of $92.11. The total transaction amount is $7,810,928.
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He's taking those Medicare/Medicaid fraud charges seriously I think. Some money under the mattress for when the govt comes a-knockin
 






O.K. it does not take a Rocket Scientist to figure out, you better sell you stock. Lawyer/CEO Dave knows the stock is going to take a big hit. Some people call that insider trading.
Hang on, it is about to get UGLY !!!
 
























Anonymous said:
he makes millions in stocks and I get a whopping 1.5 percent raise. Where should I spend it first?
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You got 1.5%? Holy S*** Batman! A lot of us didn't even come close to that number because sales/business in our division is down. What an insult! DK and buddies are rolling in the dough and the rest of us have to suck it up. Corporate America, you gotta luv it!
 






Anonymous said:
You got 1.5%? Holy S*** Batman! A lot of us didn't even come close to that number because sales/business in our division is down. What an insult! DK and buddies are rolling in the dough and the rest of us have to suck it up. Corporate America, you gotta luv it!
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this is why i love reading and competing against you guys, i tell my customers to look at your CP site......keep up the great work!
 






Anonymous said:
You got 1.5%? Holy S*** Batman! A lot of us didn't even come close to that number because sales/business in our division is down. What an insult! DK and buddies are rolling in the dough and the rest of us have to suck it up. Corporate America, you gotta luv it!
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The insult is what they pay reps in this company.Compared to other diagnostic companies we are way underpaid.
 




































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