Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO

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.

RTTNews | 260 days ago

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...

RTTNews | 546 days ago

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.

RTTNews | 696 days ago

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).

RTTNews | 722 days ago

Cardinal Health Appoints Aaron Alt As New CFO

Cardinal Health (CAH) and its board of directors announced Monday that Aaron Alt will become the company's new chief financial officer (CFO). Alt will succeed interim CFO, Trish English and will report to CEO Jason Hollar, as a member of the company's Executive Committee effective February 10.

RTTNews | 864 days ago

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.

RTTNews | 909 days ago

Tesla Chair Denies Report Of CEO Search To Replace Elon Musk

Tesla Inc. chair Robyn Denholm has denied a Wall Street Journal report that its board was searching for a replacement for Chief Executive Officer Elon Musk. On the social media platform X, she called the report as "absolutely false." Shares of Tesla had fallen around 3 percent on Wednesday's trading following the news. However, with the denial of the report, the stock is currently gaining.

RTTNews | 1h 4min ago

UK Mortgage Approvals Lowest In 8 Months

UK mortgage approvals decreased to the lowest level in eight months in March despite home buyers rushing to complete the transactions ahead of the rise in stamp duty, official data revealed on Thursday. Mortgage approvals decreased 800 to 64,309 in March, the Bank of England said. Approvals for house purchases, an indicator of future borrowing, decreased for the third straight month.

RTTNews | 1h 57min ago

EURUSD	1.13368	GBPUSD	1.33407	AUDUSD	0.63957
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Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO