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Closing Glance: Health stocks finish lower

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June 18, 2008

NEW YORK—Shares of health care providers and service companies declined Wednesday as the broader market turned lower.

Negative news from the financial sector, including quarterly results from Morgan Stanley and a dividend cut and capital raise from Fifth Third Bancorp., put pressure on the broader markets, and the Dow Jones industrial average lost 133 points.

Wednesday's results included the following:

AmerisourceBergen Corp. lost $1.41, or 3.4 percent, to $39.54.

Laboratory Corp. of America Holdings dipped $1.67, or 2.3 percent, to $70.57.

Cardinal Health Inc. fell $1.32, or 2.5 percent, to $52.50.

McKesson Corp. slid $1.09 to $55.26.

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