Cardinal Health News

CareFusion Corp., recently spun off from Cardinal Health Inc., has reported financial results for its first quarter of fiscal 2010, which ended Sept.

Leaner and meaner drug-distributor Cardinal health is positioned for growth. But few on Wall Street recognize its full potential -- yet.

Drug distributor Cardinal Health Inc. said Thursday it took a loss in its fiscal first quarter due to expenses from the spinoff of a former business, surgical products maker CareFusion Corp.

Among the sectors positioned for a strong weekly rise, health care places near the bottom in looking at gains year-to-date. But many market watchers are bullish on health care, cited it as an area for cheer in looking to next year.

Cardinal Health reported fiscal first-quarter earnings per share of 54 cents, surpassing the Zacks Consensus Estimate of 43 cents and the year-ago earnings of 47 cents.

Despite a difficult economy, "pretty robust" customer demand is helping Cardinal Health steer a steady course and remain optimistic about growth, CEO George Barrett said yesterday.

DUBLIN,A Ohio Cardinal Health recently introduced a new service that helps mail order pharmacies remove significant inefficiencies and unnecessary costs from the process of receiving and replenishing pharmaceutical products.

All News and Columns >>>> In this first edition of a recurring series, MagicDiligence will take a number of competitors in the same industry, all current Magic Formula stocks, and compare the relative merits of investment of both the industry itself and then the individual stocks within them.

Ohio State University 's College of Pharmacy is working with a $100,000 grant from the charitable arm of Cardinal Health Inc.

A view of the Las Vegas Strip. Wednesday, Oct. 14, 2009 2 a.m. Sun Coverage Sun tourism coverage MGM Mirage lost a $5A million convention recently.

AmeriCares has awarded its annual Power of Partnership Award to Cardinal Health, one of the largest health care products and services companies in the world.

Potential bullish pattern for Cypress Semiconductor : When the semiconductor company reports earnings Thursday, its stock will have a potential bullish pattern on its weekly chart.

ZANESVILLE -- Cardinal Health had a company wide Giving Campaign from Sept. 14 to 25.

DUBLIN,A Ohio During Cardinal Healtha s two-week campaign to encourage employees to give back to their communities, employees donated more than $2 million to local nonprofit organizations, and more than 1,600 employees at 71 sites worldwide donated more than 2,800 hours of service through hundreds of volunteer service projects.

When Cardinal Health spun off its medical technology and equipment businesses in September as CareFusion , Cardinal, a maker and distributor of medical and surgical supplies, said this action would lead to "enhanced management focus and sharper strategic vision." It will take time to determine if this spinoff produces enduring higher share prices.

All data is gathered from primary source. Reports are available in easily accessible PDF format and data is consistently presented.

Gojo Industries Inc., the Akron maker of Purell hand sanitizer, has tripled production -- and still can't keep up with demand.

Among the many reasons given for spinning off a company, time and again managements tout promises to unlock value.

Cardinal Health Inc. has a new executive in charge of the company's long-range growth after that division's leader joined its CareFusion Corp.

Hundreds of homes are much safer this morning after residents rid their medicine cabinets of expired and unwanted prescription medication.