Cardinal Health Inc. News
Dividend Stocks: A Haven Amid Stock Market Volatility
'We rely on income from dividends to help when markets become volatile,' Ryan Fause of Pinnacle Associates told Reuters.
Walmart, Via Zipline, Starts Delivering Orders By Drone
In partnership with Zipline, the retail giant just launched a pilot drone delivery program in Arkansas.
Cardinal Health to Test Drone Delivery of Medicines to Pharmacies
Cardinal Health, a major health-care-products distributor, hopes to counter delays and rising shipping costs by using drones.
Cardinal Health Double Downgraded on Report, Competition
Bank of America double-downgraded Cardinal Health after it issued a weaker-than-expected earnings forecast. The stock is lower.
J&J, Drug Distributors Settle State Opioid Suits for $26 Billion
Drug maker and distributors reach deal to settle more than 3,000 lawsuits over deadly opioid epidemic.
Johnson & Johnson, 3 Drug Distributors Near $26B Opioid Accord
Johnson & Johnson, Cardinal Health, McKesson and AmerisourceBergen reportedly will pay up to $26 billion to settle opioid claims.
Cardinal Health Falls as Analysts Focus on Earnings Miss, Guidance
Cardinal Health reduces its full-year guidance after missing Wall Street's third-quarter estimates. The stock is lower.
Cardinal Health to Sell Cordis Device Business for $1 Billion
Pharmaceutical distributor Cardinal Health plans to sell its medical device business to private-equity firm Hellman & Friedman for about $1 billion.
Peloton, Jobs Report, Ford: 5 Things You Must Know Friday
Stock futures rise ahead of the U.S. jobs report for January; Ford will invest $29 billion in EVs and driverless-car tech; Robinhood lifts limits on buying GameStop and AMC.
Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal
"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.
Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn
Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.
Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble
Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.