Cardinal Health Appoints Aaron Alt As New CFO

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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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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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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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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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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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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Asian Markets A Sea Of Green

Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.

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Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its gains in mid-market trading on Tuesday, reversing the losses in the previous session, despite the negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump delayed the imposition of tariffs on major U.S. trading partners.

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EURUSD	1.03152	GBPUSD	1.24154	AUDUSD	0.62028
USDJPY	155.222	USDCAD	1.44689	USDCHF	0.91164