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The Business First of Columbus (Free subscription) | 01/12/2008
Cardinal Health Inc. has struck a manufacturing and supply deal with a Florida medical supply firm that will bring a new product to customers and a new revenue stream for the company. (CAH) (STRC) (CAH)
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San Diego Union (Free subscription) | 26/11/2008
MedStation, an automated medication dispensing system for hospitals that was developed by Pyxis, a San Diego company that is now part of Cardinal Health, has won Connect's annual William W. Otterson Award.
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The Street (Free subscription) | 25/11/2008
The Mad About Options crew reviews Jim Cramer's recent bullish comments about PPL Corp. and offers options strategies for traders and investors. Also hear options ideas for Arcelor Mittal and Cardinal Health.
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Indy Star (Free subscription) | 22/11/2008
MUNCIE » Officials have approved a merger between Indianapolis-based Clarian Health and the medical group that owns Ball Memorial Hospital in Muncie and Blackford Community Hospital in Hartford City. Cardinal Health System Chief Executive Kelly Stanley says boards for Clarian and Cardinal finalized the deal this week. The merger will take effect Jan. 1.
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PR News Wire (Free subscription) | 05/11/2008
Board of Directors Declares Regular Quarterly Dividend
DUBLIN, Ohio, Nov. 5 /PRNewswire-FirstCall/ -- Cardinal Health, a
global provider of products and services that improve the safety and
productivity of health care, today announced the preliminary results of
shareholder voting at the company's annual meeting, and the board of
directors declared its 97th consecutive regular quarterly dividend.
...
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The Business First of Columbus (Free subscription) | 29/10/2008
A move to consolidate Cardinal Health Inc.’s businesses pushed down the health-care giant’s first-quarter earnings even as sales during the period shot up 10 percent. (CAH)
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Market Watch (Free subscription) | 29/10/2008
Cardinal Health Inc. saw its fiscal first-quarter earnings dip 17% despite an 11% gain in sales, but the drug-distribution giant said Wednesday that it is maintaining its full-year forecast.
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Market Watch (Free subscription) | 29/10/2008
NEW YORK (MarketWatch) -- Cardinal Health said Wednesday that its first-quarter earnings were $249 million, or 69 cents a share, compared with $302 million, or 82 cents a share, in the same period a year ago. On a non-GAAP basis, earnings per share were 74 cents in the period with impairments taking away 5 cents a share. Revenue rose to $24.35 billion compared to $21.97 billion. Analysts polled by...
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Red Orbit (Free subscription) | 14/10/2008
Premier Purchasing Partners, LP, today announced new agreements for specialty distribution of respiratory therapy and anesthesia products have been awarded to Cardinal Health of Dublin, Ohio, and Tri-anim Health Services Inc. of Sylmar, Calif.
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Drug Channels (Free subscription) | 13/10/2008
Over the weekend, the Columbus Dispatch published a six-part expose/overview about the diversion and sale of controlled substances. Mike Pramik, the reporter who wrote all six parts, has pulled together a must-read series, especially since the Dispatch is also Cardinal Health’s ( CAH ) hometown paper. Here are links to the six parts along with my commentary on each article. Online Overdose – The main...
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Religion Clause (Free subscription) | 12/10/2008
Yesterday's Charlottesville (VA) Daily Progress reported that the the U.S. Equal Employment Opportunity Commission late last month filed a Title VII religious discrimination lawsuit against Cardinal Health Inc. The suit charges that the company failed to accommodate the religious needs of a driver who for religious reasons refused to work on Sundays. Employee Howard Thompson was fired from his Charlottesville-based...
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Drug Channels (Free subscription) | 08/10/2008
Last week, Cardinal Health ( CAH ) formally announced plans to spin off its Clinical and Medical Products business . The post-spin business will be a return to Cardinal’s wholesale distribution roots, although getting back is only the beginning. Here are a few high-level thoughts on the pharmaceutical distribution business. First, congratulations to management for (finally) resolving the DEA issues...
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MND/BlogWonks: Your Alternate Daily (Free subscription) | 04/10/2008
Cardinal Health Inc., one of the nation’s largest distributors of pharmaceutical drugs, has agreed to settle allegations that it violated federal reporting provisions relating to its handling of certain controlled substances regulated by the Drug Enforcement Administration (DEA), according to a report obtained by the National Association of Chiefs of Police. Under the agreement [...]
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The Puget Sound Business Journal (Free subscription) | 03/10/2008
Cardinal Health Inc. has agreed to settle allegations that it violated federal reporting provisions related to its handling of certain controlled substances regulated by the Drug Enforcement Administration. (CAH)