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About Cardinal Health, Inc.

Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. With 50 years in business, operations in 46 countries and approximately 48,000 employees globally, Cardinal Health is essential to care.
CEO
Michael Kaufmann
Employees
2020
Headquarters

7000 Cardinal Pl
Dublin, Ohio 43017-1091
Phone: 16147573033
www.cardinalhealth.com

News

Top 5 2nd Quarter Trades of Krensavage Asset Management, LLC
Aug 17, 2022 01:00am

Related Stocks: EMBC , MCK , CAH , REGN , ENTA ,


Source:GuruFocus
Cardinal Health Upside ''Elusive'' Says Analyst Following Elliott Management Reports
Aug 16, 2022 17:55pm

https://www.investing.com/news/stock-market-news/cardinal-health-upside-elusive-says-analyst-following-elliott-management-reports-432SI-2873983


Source:Investing.com
Activist interest in Cardinal Health could unlock value, improve margins - Morgan Stanley
Aug 16, 2022 16:13pm

The apparent large stake from activist investor Elliott Management in Cardinal Health (CAH) could help catalyze focus on margin improvements and unlocking value in the Medical segment.


Source:Seeking Alpha
Elliott Stays Active: Retreats From SoftBank, Buys Stake in Aerojet
Aug 16, 2022 15:13pm

It''s been a busy few weeks for the activist hedge fund, which recently revealed other activist stakes in Pinterest, PayPal, and Cardinal Health.


Source:Barron''s
Why Did Cardinal Health Stock Hit a New All-Year High Yesterday?
Aug 16, 2022 10:21am

Shares of Cardinal Health Inc. (NYSE: CAH) hit a new all-year high of $71.45 yesterday after activist hedge fund Elliott Management disclosed a large stake in the health care services company. Shares ended the day almost flat at $69.97 on August 15. Paul Singer-led Elliott nominated five candidates for the Cardinal’s Board about two weeks back. The last date for nominating directors ended on August 7. Although Elliott’s intention to invest in Cardinal is unknown, the activist hedge fund has also increased stakes in Aerojet Rocketdyne (AJRD), Pinterest (PINS), PayPal Holdings (PYPL), and Endeavor Group Holdings (EDR). Cardinal Health is one of the largest American medical products distributors.


Source:TipRanks
Activist investor Elliott Management discloses large stake in Cardinal Health
Aug 15, 2022 21:53pm

Activist investor Elliott Management has a large position in Cardinal Health Inc. and is seeking a handful of seats on the medical-products distributor’s…


Source:MarketWatch
Cardinal Health, McKesson hit 52-week highs; up 35% and 50% YTD (NYSE:MCK)
Aug 15, 2022 19:55pm

Wholesale drug distributors Cardinal Health (CAH) and McKesson both hit 52-week highs today of, respectively, $71.45 and $371.92.


Source:Seeking Alpha
Elliot Management Holds Position in Cardinal Health: Report
Aug 15, 2022 17:42pm

The investor group suggested five directors join the company''s 11-person board. The report comes a few days after Cardinal delivered an earnings miss.


Source:Barron''s
Activist investor Elliott has position in Cardinal Health – WSJ
Aug 15, 2022 16:56pm

Activist investor Elliott Management has a large position in Cardinal Health Inc and is seeking a few seats on the medical products distributor’s board, the Wall Street Journal reported on Monday, citing people familiar with the matter. Elliott nominated five directors to the 11-person board roughly two weeks ago, before Mike Kaufmann stepped down as […]


Source:Financial Post
Cardinal Health sees large investment from Elliott; nomates (NYSE:CAH)
Aug 15, 2022 16:50pm

Investment firm Elliott Management has taken a large position in Cardinal Health (CAH) and has nominated five directors for the drug wholesaler''s board, The Wall Street Journal…


Source:Seeking Alpha
Activist Fund Elliott Management Holds ''Large'' Position in Cardinal Health - WSJ
Aug 15, 2022 16:44pm

https://www.investing.com/news/stock-market-news/activist-fund-elliott-management-holds-large-position-in-cardinal-health--wsj-432SI-2872865


Source:Investing.com
Activist investor Elliott takes position in Cardinal Health – WSJ
Aug 15, 2022 16:32pm

Activist investor Elliott Management has a large position in Cardinal Health Inc and is seeking a few seats on the medical products distributor’s board, the Wall Street Journal reported, citing people familiar with the matter. ( (Reporting by Leroy Leo in Bengaluru; Editing by Arun Koyyur)


Source:Financial Post
Cardinal Health Earnings Perspective: Return On Invested Capital
Aug 12, 2022 14:00pm

According to Benzinga Pro, during Q4, Cardinal Health (NYSE: CAH ) earned $137.00 million, a 109.86% increase from the preceding quarter. Cardinal Health also posted a total of $47.10 billion in sales, a 5.06% increase since Q3. In Q3, Cardinal Health brought in $44.84 billion in sales but lost $1.39 billion in earnings. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth … Full story available on Benzinga.com


Source:Benzinga
Cardinal Health Inc. (CAH) Q4 2022 Earnings Call Transcript
Aug 12, 2022 11:59am

Cardinal Health Inc. (NYSE: CAH) Q4 2022 earnings call dated Aug. 11, 2022 Corporate Participants: Kevin Moran — Vice President of Investor Relations Mike Kaufmann — Chief Executive Officer Jason Hollar — Chief Financial Officer Analysts: […] The post Cardinal Health Inc. (CAH) Q4 2022 Earnings Call Transcript first appeared on AlphaStreet .


Source:AlphaStreet
Cardinal Health Inc. (CAH) Q4 2022 Earnings Call Transcript | AlphaStreet
Aug 12, 2022 11:59am

Cardinal Health Inc. (NYSE: CAH) Q4 2022 earnings call dated Aug. 11, 2022


Source:AlphaStreet
Cardinal Health, Inc. (CAH) CEO Michael Kaufmann on Q4 2022 Results - Earnings Call Transcript
Aug 11, 2022 16:59pm

Cardinal Health, Inc. (NYSE:NYSE:CAH) Q4 2022 Earnings Conference Call August 11, 2022, 08:30 ET Company Participants Kevin Moran - VP, IR Michael Kaufmann - CEO & Director Jason Hollar…


Source:Seeking Alpha
BigPanda and Blackrock 3 Partners Honor Incident Commanders from Cardinal Health, Milestone Technologies, OneMain Financial and Sony PlayStation
Aug 11, 2022 14:54pm

Third Annual Award Program Powered by Peer Voting Recognizes Heroes for Ability to Respond to IT Inc BigPanda, the leader in AIOps Event Correlation and Automation, and online incident management academy Blackrock 3 Partners, announced the winners of the 2022 Incident Commander Awards, a peer-voted award program honoring IT rockstars in support, ITOps, DevOps, SRE […] The post BigPanda and Blackrock 3 Partners Honor Incident Commanders from Cardinal Health, Milestone Technologies, OneMain Financial and Sony PlayStation appeared first on AiThority .


Source:AIThority
Cardinal Health CEO Steps Down
Aug 11, 2022 14:39pm

Chief Executive Officer Mike Kaufmann is leaving the healthcare products distributor as it struggles with the impact of inflation and supply-chain constraints.


Source:The Wall Street Journal
Disney And Six Flags Send Investors On An Earnings Roller Coaster
Aug 11, 2022 13:59pm

(Thursday Market Open) Investors look to build on the momentum from yesterday’s softer-than-expected Consumer Price Index (CPI) that prompted a broad rally in the stock market. Potential Market Movers The Producer Price Index (PPI) was also softer than expected in July with wholesale inflation actually falling 0.5% for the month — coming in at 5.8% year over year (YOY). Core PPI increased 0.2% for July, lower than the forecasted 0.4%. Core PPI was on target YOY at 7.6%. Lower wholesale inflation should translate into lower input costs for companies, which could mean wider profit margins. Equity index futures were higher before the report came in and eventually moved higher after some initial volatility. The Cboe Market Volatility Index (VIX) remained relatively unchanged after the report, staying below the 20 level. Some other positive inflation news came from AAA, which reported that the average gas price in the U.S. fell below $4 per gallon at $3.99. This is the lowest average since March.


Source:Benzinga
Cardinal Health declares $0.4957 dividend
Aug 11, 2022 13:52pm

Cardinal Health declares $0.4957 dividendCardinal Health declares $0.4957 dividend


Source:Seeking Alpha
Cardinal Health Inc Q4 Profit Increases, but misses estimates
Aug 11, 2022 11:22am

WASHINGTON (dpa-AFX) - Cardinal Health Inc (CAH) released a profit for its fourth quarter that increased from last year but missed the Street estimates.The company''s earnings totaled $138 million,…


Source:Finanz Nachrichten
Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO
Aug 11, 2022 11:16am

WASHINGTON (dpa-AFX) - 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, effe…


Source:Finanz Nachrichten
Cardinal Health: Q4 Earnings Insights
Aug 11, 2022 11:16am

Cardinal Health (NYSE: CAH ) reported its Q4 earnings results on Thursday, August 11, 2022 at 06:45 AM. Here''s what investors need to know about the announcement. Earnings Cardinal Health missed estimated earnings by 10.26%, reporting an EPS of $1.05 versus an estimate of $1.17. Revenue was up $4.52 billion from the same period last … Full story available on Benzinga.com


Source:Benzinga
Cardinal Health shares slump premarket after profit miss, CEO change
Aug 11, 2022 11:07am

Cardinal Health Inc. shares undefined slumped 4.5% in premarket trade Thursday, after the drug distributor missed profit estimates for the second quarte and…


Source:MarketWatch
CAH stock slips as CEO departs (NYSE:CAH)
Aug 11, 2022 10:58am

The shares of drug distributor Cardinal Health (CAH) fell ~3% in the pre-market Thursday after the company announced the resignation of its Chief Executive Officer Mike…


Source:Seeking Alpha
Cardinal Health Q4 2022 Earnings Preview
Aug 10, 2022 17:19pm

Cardinal Health (CAH) is scheduled to announce Q4 earnings results on Thursday, August 11th, before market open.The consensus EPS Estimate is $1.18 (+53.2% Y/Y) and the consensus…


Source:Seeking Alpha
Interventional Radiology Devices Market to See Huge Growth by 2027 : Guerbet, Medtronic, Biotronik
Aug 08, 2022 18:25pm

New Jersey, USA -- ( SBWIRE ) -- 08/08/2022 -- The latest study released on the Global Interventional Radiology Devices Market by AMA Research evaluates market size, trend, and forecast to 2027. The Interventional Radiology Devices market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players in This Report Include: Abbott (United States), B. Braun (Germany), Boston Scientific (United States), Koninklijke Philips (Netherlands), Cardinal Health (United States), Medtronic (Ireland), Alvimedica (Turkey), Guerbet (France), Angiodynamics (United States), Balton (Poland) and Brosmed Medical (China). Additionally, following companies can also be profiled that are part of our coverage like Biosensors (Switzerland), Biotronik (Germany), Cook Medical (United States) and Endocor (Germany) Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/78326-global-interventional-radiology-devices-market Definition: Image-guided surgery seems to be what interventional radiology is all about.


Source:SBWire
Productivity, consumer prices, Cardinal Health earns
Aug 08, 2022 07:10am

The Labor Department issues its second-quarter snapshot of U.S. employee productivity Tuesday and its latest monthly index of inflation at the consumer level Wednesday


Source:ABC News
Tennessee sues Walgreens over opioid prescription onslaught
Aug 03, 2022 22:34pm

Tennessee’s attorney general said Wednesday he has sued Walgreens, accusing the drugstore chain of contributing to the state’s opioid crisis by failing to maintain effective controls against the abuse of prescription pain pills. The lawsuit seeking unspecified civil penalties was filed in Knox County Circuit Court by Attorney General Herbert H. Slatery III and alleges violations of Tennessee’s Consumer Protection Act. The lawsuit said that between 2006 and 2020, Walgreens retail stores in Tennessee dispensed more than 1.1 billion oxycodone and hydrocodone pills. One pharmacy alone in Jamestown dispensed enough opioids over that period to supply each resident with 2,104 pills. “Walgreens did not flood the State of Tennessee with opioids by accident,” Slatery said in a statement. “Rather, the fuel that Walgreens added to the fire of the opioid epidemic was the result of knowing — or willfully ignorant — corporate decisions. Walgreens ignored numerous red flags and failed to detect and prevent the abuse and diversion of dangerous narcotics.” Walgreens did not offer immediate comment Wednesday.


Source:WNYT
Botswana Insurance Market May See a Big Move: Major Giants AXA, Allianz, AVIVA, MetLife: Botswana Insurance Market 2022-2028
Aug 03, 2022 17:34pm

Some of the key players profiled in the study are Caisse Nationale de Prevoyance, Samsung Life Insurance, Berkshire Hathaway, State Farm Insurance, AXA, Sumitomo Life Insurance, China Ping An Insurance Co., Ltd., China Life Insurance Company, Japan Post Holdings Co., Ltd., Cardinal Health, PICC, Nippon Life Insurance, Botswana Insurance Company, Munich Re Group,…


Source:InsuranceNewsNet
West Virginia Reaches $400 Million Opioid Deal with Distributors
Aug 02, 2022 17:22pm

The settlement reached with McKesson, AmerisourceBergen and Cardinal Health is the latest in a wave of others over the past year.


Source:The Wall Street Journal
Botswana Insurance Market May See a Big Move: Major Giants AXA, Allianz, AVIVA, MetLife
Aug 02, 2022 16:49pm

Botswana Insurance Market 2022-2028 Edison, NJ -- ( SBWIRE ) -- 08/02/2022 -- 2022-2030 World Botswana Insurance Market Report Professional Analysis 2022 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Botswana Insurance Market. Some of the key players profiled in the study are Caisse Nationale de Prevoyance, Samsung Life Insurance, Berkshire Hathaway, State Farm Insurance, AXA, Sumitomo Life Insurance, China Ping An Insurance (Group) Co., Ltd., China Life Insurance (Group) Company, Japan Post Holdings Co., Ltd., Cardinal Health, PICC, Nippon Life Insurance, Botswana Insurance Company, Munich Re Group, Asahi Mutual Life Insurance, MetLife Inc., AVIVA, Aegon, American International Group, Allianz, UK Legal and General, Assicurazioni General, Zurich Financial Services, The Dai-ichi Life Insurance Company, Limited & Prudential.


Source:SBWire
Top 5 2nd Quarter Trades of LIBERTY ONE INVESTMENT MANAGEMENT, LLC
Aug 02, 2022 03:00am

Related Stocks: MMM , CLX , CONE , CAH , KMB ,


Source:GuruFocus
WVa cities, counties reach $400M settlement with drug firms
Aug 01, 2022 20:51pm

CHARLESTON, W.Va. (AP) — West Virginia cities and counties reached a $400 million tentative settlement with three major U.S. drug distributors, lawyers announced Monday. In a lawsuit in state court, the cities and counties accused the distributors of fueling the opioid epidemic. The companies are AmerisourceBergen, Cardinal Health and McKesson. The funds will be distributed over 12 years. “This is a monumental settlement for the state of West Virginia, and it’s been a battle that’s been waged by a lot of families, a lot of communities,” Wheeling attorney Bob Fitzsimmons told news outlets. “A lot of bad things have happened as a result of the opioid epidemic.” Fitzsimmons and Huntington attorney Paul Farrell Jr. said the individual counties and municipalities still must approve the settlement. Lauren Esposito, vice president of external and executive communications for AmerisourceBergen, said the settlement will avoid years of litigation and help get resources to areas affected by opioid misuse, as well as make sure health care facilities are able to access medications that patients and providers need, news outlets reported.


Source:WNYT
Drug distributors reach $400M opioid deal with West Virginia (NYSE:CAH)
Aug 01, 2022 20:27pm

Three leading drug distributors in the U.S., McKesson (MCK), AmerisourceBergen (ABC), and Cardinal Health (CAH), have struck a $400M settlement with West Virginia''s cities and counties…


Source:Seeking Alpha
West Virginia cities reach $400 mln opioid distributor settlement
Aug 01, 2022 20:20pm

West Virginia’s cities and counties reached a $400 million settlement on Monday with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc, resolving the local governments’ allegations that the three companies fueled an opioid crisis in the state. More than 100 local governments had sued the drug distributors, alleging they recklessly oversupplied West Virginia […]


Source:Financial Post
West Virginia cities reach $400 mln opioid distributor deal
Aug 01, 2022 18:48pm

West Virginia’s cities and counties reached a $400 million opioid settlement with drug distributors McKesson Corp, AmerisourceBergen and Cardinal Health, West Virginia attorney general Patrick Morrisey said Monday. (Reporting by Dietrich Knauth)


Source:Financial Post
Cardinal Health appoints Michelle Greene as CIO
Aug 01, 2022 18:22pm

Cardinal Health (CAH) appoints Michelle Greene as the Chief Information Officer and will report to CEO, Mike Kaufmann and join the company''s executive committee.Greene started…


Source:Seeking Alpha
Cardinal Health names new chief information officer
Aug 01, 2022 18:05pm

Cardinal Health has named a new tech chief.


Source:Business Journals
Cardinal Health Stock Earns Relative Strength Rating Upgrade; Hits Key Threshold
Jul 25, 2022 18:35pm

Cardinal Health sees its Relative Strength Rating enter the 80-plus level.


Source:Investor''s Business Daily
Quipt Home enters supply & distribution deal with Cardinal Health for medical supplies
Jul 25, 2022 13:17pm

Quipt Home Medical (QIPT) on Monday said it had entered into a supply and distribution agreement for medical supplies with a business of U.S.-drug distributor Cardinal Health…


Source:Seeking Alpha
Quipt Home Medical (TSXV:QIPT) announces supply contract with Cardinal Health
Jul 25, 2022 13:15pm

Quipt Home Medical Corp. (QIPT) has signed a contract with Cardinal Health… The post Quipt Home Medical (TSXV:QIPT) announces supply contract with Cardinal Health appeared first on The Market Herald .


Source:The Market Herald
Quipt Home Medical Announces Supply Contract with Cardinal Health Further Expanding Continuum of Care
Jul 25, 2022 11:30am

Contract for Supply of Disposable Medical Supplies Bolsters Interconnected Healthcare Network During National Expansion Contract for Supply of Disposable Medical Supplies Bolsters Interconnected Healthcare Network During National Expansion


Source:GlobeNewswire
Cardinal Health $124M shareholder derivative settlement set for October court approval
Jul 22, 2022 21:11pm

An Ohio court will hold a hearing on Oct. 4 where it will likely formally approve a $124M settlement in a shareholder derivatives lawsuit against Cardinal Health (CAH).


Source:Seeking Alpha
Smart Syringe Market See Incredible Growth 2022-2028 | Becton, Dickinson and Company, Gerresheimer AG, Sharps Technology, Inc., Cardinal Health, lomMedical, MHC Medical Products
Jul 22, 2022 11:23am

Smart Syringe Market Research focuses on the key trends prevailing in the Global Smart Syringe Industry sector. The existing Industry scenario has been studied and future projections with respect to the sector have also been investigated. Market study report


Source:OpenPR
Cardinal Health: Little Appreciation Potential, Covered Calls Worth Considering (NYSE:CAH)
Jul 22, 2022 01:23am

Cardinal Health has been unsuccessful in growing earnings. A recent court ruling in favor of CAH provided a boost. The market-implied outlook to early 2023 is slightly bullish.


Source:Seeking Alpha
Surgical Equipment Market Growth in Future Scope 2022-2028 | Johnson & Johnson, Medtronic Plc, B. Braun Melsungen AG, Medicon EG, Cardinal Health
Jul 19, 2022 09:58am

Surgical Equipment Market report 2022 provides detailed study of market concentration rate of raw materials, sales, revenue, price trend by type, competitive landscape. The Surgical Equipment market report includes historical and forecast data, manufacturing process analysis, demand, industry share, market


Source:OpenPR
Property Insurance Market: 3-Key Growth Scenarios : Allianz, AXA, MetLife, Allstate
Jul 13, 2022 20:14pm

New Jersey, NJ -- ( SBWIRE ) -- 07/13/2022 -- A new intelligence report released by HTF MI with title "Global Property Insurance Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Property Insurance offers energetic visions to conclude market size, opportunities, growth pattern, and competitive surroundings. The research is derived through primary and secondary sourced data and includes both qualitative and quantitative detailing. Some of the key players profiled in the study are Allianz, AXA, Nippon Life Insurance, American Intl. Group, Aviva, Assicurazioni Generali, Cardinal Health, State Farm Insurance, Dai-ichi Mutual Life Insurance, Munich Re Group, Zurich Financial Services, Prudential, Asahi Mutual Life Insurance, Sumitomo Life Insurance, MetLife, Allstate, Aegon, Prudential Financial, New York Life Insurance, Meiji Life Insurance, Aetna, CNP Assurances, PingAn, CPIC, TIAA-CREF, Mitsui Mutual Life Insurance, Royal & Sun Alliance, Swiss Reinsurance, Yasuda Mutual Life Insurance & Standard Life Assurance.


Source:SBWire
Cardinal Health acquires Bendcare purchasing organization entity to bolster rheumatology business
Jul 06, 2022 11:27am

Cardinal Health (CAH) said it acquired the Bendcare group purchasing organization (CPO-GPO) entity and made a minority investment in Bendcare management services…


Source:Seeking Alpha
Fire Insurance Market to See Massive Growth by 2028 : MetLife, Allstate, Aegon
Jul 05, 2022 18:00pm

Fire Insurance Market to See Massive Growth by 2028 New Jersey, NJ -- ( SBWIRE ) -- 07/05/2022 -- Fire Insurance Market - Global Outlook and Forecast 2021-2027 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The influencing Factors of growth and regulations with respect to the usage of the information, availability of highly reliable products in the market, and increase in operational efficiency of Fire Insurance Players.The study provides information on market trends and development, drivers, capacities, technologies, and on the changing dynamics of Fire Insurance Market . As per study key and emerging players of this market are Allianz, AXA, Nippon Life Insurance, American Intl. Group, Aviva, Assicurazioni Generali, Cardinal Health, State Farm Insurance, Dai-ichi Mutual Life Insurance, Munich Re Group, Zurich Financial Services, Prudential, Asahi Mutual Life Insurance, Sumitomo Life Insurance, MetLife, Allstate, Aegon, Prudential Financial, New York Life Insurance, Meiji Life Insurance, Aetna, CNP Assurances, PingAn, CPIC, TIAA-CREF, Mitsui Mutual Life Insurance, Royal & Sun Alliance, Swiss Reinsurance, Yasuda Mutual Life Insurance & Standard Life Assurance.


Source:SBWire
Distributors Not Liable for Opioid Crisis in West Virginia, Court Rules
Jul 05, 2022 15:49pm

Federal judge says county and city didn’t show that actions by McKesson, AmerisourceBergen and Cardinal Health caused the crisis


Source:The Wall Street Journal
Distributors didn’t fuel opioid epidemic in West Virginia, judge rules
Jul 05, 2022 14:22pm

Doctors’ ‘good faith’ prescribing decisions drove volume of painkillers shipped to pharmacies, says district judge David Faber The US’s three largest pharmaceutical distributors were not responsible for fueling an opioid epidemic in a part of West Virginia , a federal judge ruled on Monday. District judge David Faber rejected efforts by the city of Huntington and Cabell County to force McKesson, AmerisourceBergen and Cardinal Health to pay $2.5bn to address a drug crisis prompted by a flood of addictive pills in their region. Continue reading…


Source:The Guardian
Benzinga Before The Bell: Record Inflows In ''Short Bitcoin'' Funds, Elon Mus''s Trillionaire Possibility, Gmail''s Political Bias And Other Top Financial Stories Tuesday, July 5
Jul 05, 2022 12:36pm

Reuters Norwegian Offshore Workers’ Strike To Hit Norway’s Oil & Gas Output Norwegian offshore oil and gas workers went on strike over pay after the members of the Lederne trade union voted down a proposed wage agreement that companies and union leaders had negotiated, Reuters reported. “The strike has begun,” Audun Ingvartsen, the leader of the Lederne trade union, said in an interview, adding that the union would escalate the strike to pressure employers to address demands for the wage increase. Equinor ASA (NYSE: EQNR ) has started to shut down the Gudrun, Oseberg South, and Oseberg East fields in the North Sea due to a strike. Pilot Strike Forces SAS To File For Chapter 11 Bankruptcy In US Scandinavian airline SAS AB (OTC: SASDY ) has filed for bankruptcy protection in the U.S. to help accelerate restructuring plans. Wage discussions between SAS and its pilots collapsed, sparking a strike that would add to travel disruption across Europe, Reuters reported. A strike by SAS pilots has accelerated the airline’s decision to file for Chapter 11 bankruptcy protection in the U.S., the report quoted the airline’s CEO, Anko van der Werff.


Source:Benzinga
US judge rules in favor of drug distributors in West Virginia county opioid suit - AP
Jul 05, 2022 09:47am

A U.S. federal judge on July 4 ruled that AmerisourceBergen (ABC), McKesson (MCK) and Cardinal Health (CAH) were not responsible for flaring opioid epidemic in a part of West…


Source:Seeking Alpha
U.S. drug distributors prevail in $2.5 bln West Virginia opioid case
Jul 04, 2022 22:40pm

McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc are not responsible for fueling an opioid epidemic in a part of West Virginia, a federal judge ruled on Monday. The decision from U.S. District Judge David Faber came in a $2.5 billion case brought by the city of Huntington and Cabell County, which at trial sought […]


Source:National Post
U.S. drug distributors prevail in $2.5 billion West Virginia opioid case
Jul 04, 2022 22:15pm

McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc are not responsible for fueling an opioid epidemic in a part of West Virginia, a federal judge ruled on Monday. The decision from U.S. District Judge David Faber came in a $2.5 billion case brought by the city of Huntington and Cabell County, which sought to hold […]


Source:Financial Post
AmerisourceBergen, McKesson, Cardinal to pay Oklahoma $250M to resolve opioid claims
Jun 28, 2022 09:08am

Oklahoma reached a $250M settlement with AmerisourceBergen (ABC), McKesson (MCK) and Cardinal (CAH) to resolve claims that the drug distributors fueled the opioid crisis."Money…


Source:Seeking Alpha
Cardiovascular Devices Market Will Generate Booming Growth Opportunities to 2032 | Canon Medical Systems Corp, Cardinal Health Inc, GE Healthcare
Jun 28, 2022 06:38am

Global Cardiovascular Devices Market Size, Status, and Forecast for the 2022-2032. Comprehensive analysis has been compiled to supply the foremost up-to-date data on key aspects of the market. This research report covers major aspects of the Cardiovascular Devices industry, as well as drivers, restraints, PESTLE


Source:OpenPR
Oklahoma reaches $250 mln opioid settlement with drug distributors
Jun 27, 2022 20:59pm

Oklahoma Attorney General John O’Connor said on Monday his state reached a $250 million settlement with Amerisource Bergen Corp, Cardinal Health Inc and McKesson Corp to resolve allegations the drug distributors contributed to the opioid epidemic in the state. (Reporting by Tom Hals in Wilmington, Delaware)


Source:National Post
7 Oversold Stocks to Buy After the Market Crash
Jun 24, 2022 11:00am

The S&P 500 had another forgettable week as it remains in bear market territory. The Federal Reserve raised interest rates by three-quarters of a percentage point recently . As inflation rates continue to spring forward, there will likely be more fiscal tightening. Hence, it offers plenty of opportunities for investors to scoop up oversold stocks to buy that offer incredible long-term value. Growth stocks, particularly, are sensitive to rising interest rates and have been hit remarkably hard. Moreover, the declines haven’t been limited to stocks only, as the crypto market has also been pulverized since the start of the year. A wide variety of stocks across multiple sectors are now trading near multi-year lows and present an excellent opportunity for investors to add them to their portfolios. 7 Retirement Stocks to Buy in Unexpected Sectors Here are seven oversold stocks to buy that could offer a lot to investors over the long term. Ticker Company Current Price ETSY Etsy, Inc $78.73 FISV Fiserv, Inc. $89.73 CLF Cleveland-Cliffs Inc. $15.68 EXC Exelon Corporation $42.23 BABA Alibaba Group Holding Limited $112.11 CAH Cardinal Health, Inc. $53.02 PINS Pinterest, Inc. $19.90 Oversold Stocks to Buy: Etsy ( ETSY ) Source: Sergei Elagin / Shutterstock Etsy (NASDAQ: ETSY ) is a leading online marketplace that enables businesses and sellers to set up a digital storefront to sell handmade, customizable products.


Source:InvestorPlace
Business Health Insurance Market to See Huge Growth by 2027 : Aviva, Assicurazioni Generali, Cardinal Health
Jun 22, 2022 16:48pm

New Jersey, USA -- ( SBWIRE ) -- 06/22/2022 -- The latest study released on the Global Business Health Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Business Health Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players in This Report Include: Allianz (Germany), AXA (France), Nippon Life Insurance (India), American Intl. Group (United States), Aviva (United Kingdom), Assicurazioni Generali (Italy), Cardinal Health (United States), State Farm Insurance(United States), Dai-ichi Mutual Life Insurance (Japan), Munich Re (Germany), Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/36304-global-business-health-insurance-market Definition: Business health insurance is purchased by the businesses including small and large to cover employees and dependents.


Source:SBWire