Covance (CVD) Q4 2011 Earnings Call January 26, 2012 9:00 am ET Executives Joseph L. Herring - Chairman and Chief Executive Officer William E. Klitgaard - Chief Financial Officer, Corporate Senior Vice President and Treasurer Paul Surdez - Analysts Todd Van Fleet - First Analysis Securities Corporation, Research Division Ross Muken - Deutsche Bank AG, Research Division Garen Sarafian - Citigroup Inc, Research Division Gregory T. Bolan - Sterne Agee & Leach Inc., Research Division Lauren Migliore - Morningstar Inc., Research Division Stephen S. Unger - Lazard Capital Markets LLC, Research Division David H. Windley - Jefferies & Company, Inc., Research Division John Kreger - William Blair & Company L.L.C., Research Division James J. Kumpel - BB&T Capital Markets, Research Division Ricky Goldwasser - Morgan Stanley, Research Division Tycho W. Peterson - JP Morgan Chase & Co, Research Division Robert P. Jones - Goldman Sachs Group Inc., Research Division Douglas D. Tsao - Barclays Capital, Research Division Timothy C. Evans - Wells Fargo Securities, LLC, Research Division PresentationOperator
Good day, and welcome to the Covance Fourth Quarter 2011 Investor Conference Call. This call is being recorded. At this time, for opening remarks, I'd like to turn the call 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 Fourth Quarter 2011 Earnings Conference and Webcast. Today, Joe Herring, Covance's Chairman and Chief Executive Officer; and Bill Klitgaard, Covance's Chief Financial Officer, will be presenting our fourth quarter financial results. Following our opening comments, we'll host the Q&A session.