What Happened To Cardinal Health

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Cardinal Health Shares Fall After Profit Miss, Leadership Change

(9 days ago) People also askWhat happened to Cardinal Health?In 2009, Cardinal Health completed the spin-off of its clinical and medical products businesses into an independent medical technology company called CareFusion with David Schlotterbeck as CEO. Cardinal Health is now traded on the NYSE under symbol CAH.Cardinal Health - Wikipediaen.wikipedia.orgWhy did Cardinal Health stock rise 3% on Friday?Shares of Cardinal Health rose almost 3% on Friday to close at $57.35 after the healthcare company announced the sale of its Cordis business to Hellman & Friedman (H&F), a private equity company. The deal is worth $1 billion, and includes the buyer’s assumption of certain liabilities and the seller’s retention of certain working capital accounts.Cardinal Health Inks $1B Deal To Sell Cordis Business Nasdaqnasdaq.comWhat does Cardinal Health do?Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations.Cardinal Health - Wikipediaen.wikipedia.orgHow did Cardinal Health perform in June?During the three-month stretch ending in June, Cardinal Health turned $42.6 billion in revenue into per-share operating earnings of $0.77. Sales improved by 16% year over year while operating profits tumbled by 26%. Worse, the bottom line missed estimates of $1.20 per share even though the top line easily topped a consensus of $40.4 billion.Why Cardinal Health Is Down Nearly 13% Today The Motley Foolfool.comFeedbackNews about Cardinal Health bing.com/news · 19hEarnings Beat for Cardinal HealthFounded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions …

https://www.wsj.com/livecoverage/stock-market-news-today-08-11-2022/card/cardinal-health-shares-fall-premarket-on-profit-miss-leadership-change-QVfQIFq956SZY2WRZ49q#:~:text=Cardinal%20Health%20shares%20fell%204.1%25%20premarket%20after%20the,as%20chief%20executive%20and%20member%20of%20the%20board.

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Here is What to Know Beyond Why Cardinal Health, Inc. (CAH) is a

(7 days ago) WebCardinal reported revenues of $54.91 billion in the last reported quarter, representing a year-over-year change of +8.8%. EPS of $2.08 for the same period …

https://finance.yahoo.com/news/know-beyond-why-cardinal-health-130011981.html

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Cardinal Health - Wikipedia

(5 days ago) WebCardinal Health, Inc. Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes …

https://en.wikipedia.org/wiki/Cardinal_Health

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Cardinal Health’s stock falls on mixed quarterly results - MSN

(Just Now) WebSales to OptumRx accounted for 16% of Cardinal Health’s revenue in fiscal year 2023, the company said. Cardinal shares have gained 1.4% in the year to date, while the S&P 500 …

https://www.msn.com/en-us/money/topstocks/cardinal-health-s-stock-falls-on-mixed-quarterly-results/ar-AA1o25g7

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Cardinal Health stock down after Q4 earnings disappoint The Street

(4 days ago) WebCardinal Health reported profits of $116 million, or 40¢ per share, on sales of $42.59 billion for the three months ended June 30, 2021, for a bottom-line decline of …

https://www.massdevice.com/cardinal-health-stock-down-after-q4-earnings-disappoint-the-street/

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Cardinal Health reorganizes to highlight fastest-growing profitable

(Just Now) WebCardinal Health teased out the fastest-growing, most-profitable business lines into independent units in a restructuring executives say will increase the transparency of …

https://www.bizjournals.com/columbus/news/2024/01/09/cardinal-health-reorg-pharma-medical-other.html

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Cardinal Health Inks $1B Deal To Sell Cordis Business

(8 days ago) WebShares of Cardinal Health rose almost 3% on Friday to close at $57.35 after the healthcare company announced the sale of its Cordis business to Hellman & Friedman (H&F), a private equity company.

https://www.nasdaq.com/articles/cardinal-health-inks-%241b-deal-to-sell-cordis-business-2021-03-14

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Cardinal Health warns of still deeper losses in troubled medical …

(3 days ago) WebCardinal Health Inc. is warning of additional first-quarter losses for its struggling medical supply division – in this instance a one-time write-down – but still …

https://www.bizjournals.com/columbus/news/2022/09/13/cardinal-health-medical-supply-warn.html

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Cardinal Health projects sales rebound after losing OptumRx …

(9 days ago) WebCardinal Health Inc. will see a sales "cliff event" July 1 when a large mail-order pharmacy contract ends, but growth elsewhere will make up the difference through fiscal …

https://www.bizjournals.com/columbus/news/2024/05/02/cardinal-health-optumrx-rebound.html

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Cardinal Health Shares Fall After Profit Miss, Leadership …

(4 days ago) WebCardinal Health shares fell 4.1% premarket after the drug distributor missed profit estimates for the second quarter and announced its chief executive would step down. The company said that Mike

https://www.wsj.com/livecoverage/stock-market-news-today-08-11-2022/card/cardinal-health-shares-fall-premarket-on-profit-miss-leadership-change-QVfQIFq956SZY2WRZ49q

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Cardinal Health, Inc. (CAH) - Yahoo Finance

(1 days ago) WebCardinal Health, Inc. (NYSE:CAH) Q3 2024 Earnings Call Transcript May 2, 2024 Cardinal Health, Inc. beats earnings expectations. Reported EPS is $2.08, expectations were …

https://finance.yahoo.com/quote/CAH/news/

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Cardinal Health has no plans to divest struggling medical supply

(5 days ago) WebCardinal Health has no plans to sell its medical supply division despite ongoing struggles, this time due to inflation, CEO Mike Kaufmann said.

https://www.bizjournals.com/columbus/news/2022/05/05/cardinal-health-q3-2022-mike-kaufmann.html

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Drug distributor Cardinal Health to lose OptumRx contracts

(9 days ago) WebCardinal Health said on Monday its contracts with UnitedHealth Group's OptumRx, one of its largest customers, will not be renewed after they expire at the end of …

https://www.reuters.com/business/healthcare-pharmaceuticals/cardinal-health-says-contracts-with-unitedhealths-optumrx-will-not-be-renewed-2024-04-22/

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Why did Cardinal Health stock go down today? Optum Rx …

(4 days ago) WebCardinal shares opened at $104, hitting a low of $100.56 before climbing to a high of $104.21. The stock closed at $102.69. In a sector note released early Thursday, Wells …

https://www.msn.com/en-us/money/savingandinvesting/why-did-cardinal-health-stock-go-down-today-optum-rx-concerns/ar-AA1lwcxI

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Cardinal Health Inc Q3 Profit Decreases, but beats estimates

(1 days ago) WebExcluding items, Cardinal Health Inc reported adjusted earnings of $509 million or $2.08 per share for the period. Analysts on average had expected the company …

https://www.nasdaq.com/articles/cardinal-health-inc-q3-profit-decreases-but-beats-estimates

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Cardinal Health announces location of pharmaceutical distribution

(5 days ago) WebCardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data …

https://finance.yahoo.com/news/cardinal-health-announces-location-pharmaceutical-120000543.html

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Cardinal Health to create 100 jobs with new distribution center

(6 days ago) WebThe center will open in the summer of 2025 and create about 100 jobs. "Over the past five years, we've seen rapid growth in the demand for consumer health …

https://www.dispatch.com/story/business/economy/2024/04/02/cardinal-health-jobs-distribution-center-healthcare-medical-ohio/73176687007/

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4 U.S. companies will pay $26 billion to settle claims they - NPR

(8 days ago) WebFour of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims that their business practices helped fuel …

https://www.npr.org/2022/02/25/1082901958/opioid-settlement-johnson-26-billion

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Cardinal Health Issues Nationwide Recall of Select Monoject™ …

(8 days ago) WebCardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and …

https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/cardinal-health-issues-nationwide-recall-select-monojecttm-flush-prefilled-saline-syringes

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Cardinal Health plans 350,000-square-foot distribution center

(2 days ago) WebCardinal Health is starting construction on a 350,000-square-foot Columbus distribution center to supply retail pharmacies – its third new Central Ohio facility in two …

https://www.nbc4i.com/news/columbus-business-first/cardinal-health-plans-350000-square-foot-distribution-center/

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The demise of Cardinal Innovations - NC Health News

(6 days ago) Webby Seth Gulledge July 19, 2021. Map of the proposed mental health agencies in North Carolina from late 2011. By that time, Cardinal Innovations' footprint had grown from five …

https://www.northcarolinahealthnews.org/2021/07/19/the-demise-of-cardinal-innovations-how-a-state-mandated-mental-health-organization-failed-in-slow-motion/

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Cardinal Health unveils two distribution centers in Central Ohio

(1 days ago) Web04/17/2023. The new facilities represent Cardinal Health's ongoing commitment to servicing customers, warehousing modernization and growing the local economy. DUBLIN, Ohio, …

https://newsroom.cardinalhealth.com/2023-04-17-Cardinal-Health-unveils-two-distribution-centers-in-Central-Ohio

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Cardinal Health starts building new pharma distribution center

(4 days ago) WebCardinal Health (NYSE:CAH) this week announced it began construction on its new pharmaceutical distribution center in Columbus, Ohio. The new 350,000 sq ft. …

https://www.pharmaceuticalprocessingworld.com/cardinal-health-starts-construction-on-new-pharmaceutical-distribution-center/

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Cardinal Health CEO says the company can avoid layoff trend

(8 days ago) WebCardinal Health Inc. does not anticipate joining the ranks of large corporations with high-profile layoffs this year, CEO Jason Hollar said. Ohio's largest …

https://www.bizjournals.com/columbus/news/2023/02/03/cardinal-health-ceo-jason-hollar-on-jobs.html

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What happened Cardinal Health? Read it here - Arizona Health Net

(9 days ago) WebWhat happened Cardinal Health? Opioid lawsuits In 2019, Cardinal was one of several drug distributors named in lawsuits related to the opioid crisis in the US. In …

https://arizonahealthnet.com/what-happened-cardinal-health/

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Steward Health Care files for bankruptcy protection

(8 days ago) WebNews. May 7, 2024. Steward Health Care, which operates facilities in Trumbull County and in western Pennsylvania, has filed for bankruptcy protection, but …

https://www.vindy.com/news/local-news/2024/05/steward-health-care-files-for-bankruptcy-protection/

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Police confront protesters at University of Wisconsin CNN

(3 days ago) WebPolice moved protesters out of an encampment at the University of Wisconsin. The operation came after campus police gave protesters 15 minutes to remove their …

https://www.cnn.com/videos/us/2024/05/01/university-of-wisconsin-protest-police-conflict-digvid-new.cnn

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InnerScope Hearing Technologies (OTC: INND) Acquires iHEAR …

(6 days ago) WebCVS Pharmacy, Cardinal Health, AmerisourceBergen, Western States Pharmacy Coalition (WSPC), Good Neighbor Pharmacy, FSA Store and Amazon. …

https://finance.yahoo.com/news/innerscope-hearing-technologies-otc-innd-120000694.html

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