Covance Inc. (CVD) Q2 2010 Earnings Conference Call July 29, 2010 09:00 am ET Executives Paul Surdez - VP, IR Joe Herring - Chairman & CEO Bill Klitgaard - Corporate SVP & CFO Analysts Ross Muken - Deutsche Bank Eric Lo - Bank of America/Merrill Lynch Eric Coldwell - Robert W. Baird Steve Unger - Lazard Capital Markets John Kreger - William Blair & Company, LLC Robert Jones - Goldman Sachs Greg Bolan - Wells Fargo Securities, LLC Todd Van Fleet - First Analysis Security Corporation Douglas Tsao - Barclays Capital Lesley Owens - UBS Dave Windley - Jefferies & Co. Tycho Peterson - JPMorgan Andy Schenker - Morgan Stanley PresentationOperator
Good day, and welcome to the Covance second quarter 2010 investor conference call. This call is being recorded. At this time, for opening remarks, I would like to turn the conference over to Vice President of Investor Relations, Mr. Paul Surdez. Please go ahead, sir. Paul Surdez Good morning and thank you for joining us for Covance's second quarter 2010 earnings teleconference and the webcast. Today Joe Herring, Covance's Chairman and Chief Executive Officer; and Bill Klitgaard, Covance's Chief Financial Officer will be presenting our second quarter financial results. Following our opening comments, we will host a Q&A session. In addition to the press release, 21 slides corresponding to the commentary you are about to hear are available on our website at www.covance.com. Before we begin the commentary, I would like to remind you that statements made during today's conference call and webcast, which are not historical facts, might be considered forward-looking statements. Such statements may include comments regarding future financial results and are subject to a number of risks and uncertainties; certain of which are beyond Covance's control. Actual results could differ materially from such statements due to a variety of facts, including the ones outlined in our SEC filings.