CAH Forex News
Cardinal Health Lifts FY24 View Above Market After Profit In Q4, Plans Buyback; Stock Up
Shares of Cardinal Health, Inc. were gaining more than 7 percent in the pre-market activity on the NYSE after the healthcare company on Wednesday raised its fiscal 2024 adjusted earnings forecast above the market after reporting a profit in its fourth quarter, compared to prior year's loss. The improved results reflected strong revenues from both segments.
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133 days ago
Cardinal Health Recalls Certain LEADER Brand Eye Drops
Cardinal Health, Inc. is recalling certain Leader branded eye drops supplied by Velocity Pharma, LLC citing potential risk of eye infections, according to the US. Food and Drug Administration. The recall was initiated after the FDA informed the Dublin, Ohio-based company that investigators found insanitary conditions in the manufacturing facility and positive bacterial test results...
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419 days ago
Cardinal Health To Merge Outcomes Business To Transaction Data Systems
Cardinal Health, Inc. (CAH) announced Monday it has signed a definitive agreement to merge its Outcomes business to Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, in exchange for a minority stake in the combined entity.
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569 days ago
Cardinal Health Canada To Open New Distribution Center In Greater Toronto Area
Cardinal Health Canada, Inc., a wholly owned subsidiary of Cardinal Health, Inc. (CAH), announced Wednesday plans to open a new distribution center in the Greater Toronto Area (GTA).
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595 days ago
Cardinal Health Appoints Aaron Alt As New CFO
Cardinal Health (CAH) and its board of directors announced Monday that Aaron Alt will become the company's new chief financial officer (CFO). Alt will succeed interim CFO, Trish English and will report to CEO Jason Hollar, as a member of the company's Executive Committee effective February 10.
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737 days ago
Cardinal Health Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Friday, healthcare services company Cardinal Health, Inc. (CAH) reaffirmed its adjusted earnings guidance for the full-year 2023 in the range of $5.05 to $5.40 per share.
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782 days ago
Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO
Healthcare services company Cardinal Health (CAH) announced Thursday that its Board of Directors has elected Jason Hollar as the company's next Chief Executive Officer, effective September 1, 2022. Hollar will also join the Board of Directors effective August 11, 2022. Hollar will succeed current Chief Executive Officer Mike Kaufmann.
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867 days ago
