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Stock Market & Financial Investment News

News Breaks
January 23, 2013
08:15 EDTCAHCardinal Health price target raised to $52 from $50 at RW Baird
Baird raised its price target on Cardinal Health following Q1 results. The firm cited earnings leverage, continued generics contributions, growth in platforms outside of drug distribution, and share repurchases. Shares are Outperform rated.
News For CAH From The Last 14 Days
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April 23, 2015
13:16 EDTCAHPharmacies, PBMs seen as potential buyers after Omnicare said to explore sale
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April 20, 2015
11:32 EDTCAHCardinal Health to pay $26.8M to settle FTC charges
In its latest action to ensure competition in the nationís healthcare markets, the FTC announced that Cardinal Health has agreed to resolve charges that it illegally monopolized 25 local markets for the sale and distribution of low-energy radiopharmaceuticals and forced hospitals and clinics to pay inflated prices for these drugs. The proposed stipulated order requires Cardinal to pay $26.8M of ill-gotten gains and represents the second largest monetary settlement the FTC has obtained in an antitrust case. The money will be deposited into a fund for distribution to injured customers. The order also includes provisions to prevent future violations and restore competition in six markets where Cardinal remains the dominant radiopharmacy. Reference Link
April 16, 2015
07:05 EDTCAHNovaBay signs distribution agremeent with AmerisourceBergen
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April 15, 2015
10:36 EDTCAHBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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April 13, 2015
14:07 EDTCAHEarnings Watch: Johnson & Johnson shares down slightly since last earnings
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