Cardinal Health News

SPRINGFIELD,A Ill. Pharmaceutical wholesaler H.D. Smith revealed Friday it has named Cardinal Health veteran Robert Appleby VP generic pharmaceuticals.

CareFusion Corp. entered into a multi-year technology licensing agreement with Masimo Corp.

China Automotive Systems Inc., which makes power steering components, said Thursday that third-quarter profit rose sharply on a boost in sales of components for passenger vehicles.

Ralcorp Holdings Inc. said Tuesday its fiscal fourth-quarter profit nearly doubled on higher sales and a boost from its acquisition of Post Foods.

CareFusion, the San Diego-based spinoff of drug-distribution giant Cardinal Health, said yesterday that it is off to an encouraging start as a stand-alone company.

CareFusion Corp., recently spun off from Cardinal Health Inc., has reported financial results for its first quarter of fiscal 2010, which ended Sept.

Leaner and meaner drug-distributor Cardinal health is positioned for growth. But few on Wall Street recognize its full potential -- yet.

Drug distributor Cardinal Health Inc. said Thursday it took a loss in its fiscal first quarter due to expenses from the spinoff of a former business, surgical products maker CareFusion Corp.

Among the sectors positioned for a strong weekly rise, health care places near the bottom in looking at gains year-to-date. But many market watchers are bullish on health care, cited it as an area for cheer in looking to next year.

Cardinal Health reported fiscal first-quarter earnings per share of 54 cents, surpassing the Zacks Consensus Estimate of 43 cents and the year-ago earnings of 47 cents.

Despite a difficult economy, "pretty robust" customer demand is helping Cardinal Health steer a steady course and remain optimistic about growth, CEO George Barrett said yesterday.

DUBLIN,A Ohio Cardinal Health recently introduced a new service that helps mail order pharmacies remove significant inefficiencies and unnecessary costs from the process of receiving and replenishing pharmaceutical products.

All News and Columns >>>> In this first edition of a recurring series, MagicDiligence will take a number of competitors in the same industry, all current Magic Formula stocks, and compare the relative merits of investment of both the industry itself and then the individual stocks within them.

Ohio State University 's College of Pharmacy is working with a $100,000 grant from the charitable arm of Cardinal Health Inc.

A view of the Las Vegas Strip. Wednesday, Oct. 14, 2009 2 a.m. Sun Coverage Sun tourism coverage MGM Mirage lost a $5A million convention recently.

AmeriCares has awarded its annual Power of Partnership Award to Cardinal Health, one of the largest health care products and services companies in the world.

Potential bullish pattern for Cypress Semiconductor : When the semiconductor company reports earnings Thursday, its stock will have a potential bullish pattern on its weekly chart.

ZANESVILLE -- Cardinal Health had a company wide Giving Campaign from Sept. 14 to 25.

DUBLIN,A Ohio During Cardinal Healtha s two-week campaign to encourage employees to give back to their communities, employees donated more than $2 million to local nonprofit organizations, and more than 1,600 employees at 71 sites worldwide donated more than 2,800 hours of service through hundreds of volunteer service projects.

When Cardinal Health spun off its medical technology and equipment businesses in September as CareFusion , Cardinal, a maker and distributor of medical and surgical supplies, said this action would lead to "enhanced management focus and sharper strategic vision." It will take time to determine if this spinoff produces enduring higher share prices.