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The Latest Breaking News from Cardinal Health

Dow Jones Reverses On Hot Inflation Data; Fed Minutes Up Next; PepsiCo Jumps On Earnings

The Dow Jones Industrial Average fell Wednesday on hot inflation data. Minutes from Federal Reserve's policy meeting are due out today.

Investors Business Daily

Dow Jones Falls, Tech Stocks Dive As 10-Year Treasury Yield Nears 4%

The Dow Jones Industrial Average fell Tuesday, as the 10-year Treasury yield neared 4% after gains in recent sessions.

Investors Business Daily

Dow Jones Futures Fall: Nasdaq Hits New Bear Market Low; What To Do Now

Dow Jones futures were lower before Tuesday's open after the Nasdaq hit a new 2022 low. Q3 earnings season will kick off this week.

Investors Business Daily

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Eli Lilly Leads 5 Stocks To Watch In Bear Market

Cardinal Health and Eli Lilly lead five stocks to watch. Some are holding up while others crumbled Friday amid the bear market.

Investors Business Daily

Vertex Among 9 Stocks To Watch In Struggling Market

As the market indexes work through a downturn, Vertex is among nine stocks to watch showing relative strength.

Investors Business Daily

Vertex Stock Flashes Buy Signal; Gene-Editing Play Leads 5 Resilient Stocks In Bear Market

Vertex Pharmaceuicals flashed a buy signal last week on positive gene-editing news. It's one of several resilient stocks to watch in the bear market.

Investors Business Daily

Dow Jones Futures Fall As Treasury Yields Rebound; Eli Lilly Leads 7 Bullish Stocks

Dow Jones futures fell as Treasury yields rebounded, signaling Wednesday's rally may be short-lived. Eli Lilly leads some bullish stocks.

Investors Business Daily

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Dow Jones Jumps As Yields Plunge; This New Cathie Wood Buy Rockets; Bitcoin Rallies, Coinbase Jumps

The Dow Jones powered higher. A Cathie Wood buy was surging as Biogen exploded. Coinbase stock jumped as Bitcoin rose. Apple stock dived.

Investors Business Daily

Eight Stocks Turned $10,000 Into $95,509 In 8 Months

Making money in the S&P 500 got tougher again in August. But not impossible.

Investors Business Daily

S&P 500 Stock Market Winners Today

Oil stocks were S&P 500 winners Monday, including Diamondback Energy. Bristol Myers Squibb was among the big losers.

Investors Business Daily

In California's largest race bias cases, Latino workers are accused of abusing Black colleagues

Nearly every day, the onetime Ontario, California, warehouse employee said, he was stunned to hear racist slurs from Latino co-workers.

Los Angeles Times

Illinois Senate President Don Harmon, other pols keep taking money from pharma companies implicated in opioid crisis

The Oak Park Democrat continues to accept campaign money from Johnson & Johnson, 1 of 4 companies paying $26 billion to settle suits accusing them of fueling the crisis. He’s not the only Illinois official doing so.

Chicago Sun-Times

Dow Jones Rallies After Inflation, Jobs Data; Disney Soars On Earnings

The Dow Jones Industrial Average rallied Thursday after a key inflation report. Disney stock soared almost 10% on strong earnings results.

Investors Business Daily

Recession Investing: 5 High Yield Dividend Stocks For A Downturn

As the healthcare industry absorbed enormous amounts of profits during the Covid-19 pandemic, many healthcare companies will be increasing shareholder distributions to entice investors to buy their stock.

Benzinga

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The Independent UK

WVa cities, counties reach $400M settlement with drug firms

West Virginia cities and counties have reached a $400 million tentative settlement with three major U.S. drug distributors

Investors Business Daily

Cardinal Health Stock Earns Relative Strength Rating Upgrade; Hits Key Threshold

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

Investors Business Daily

IBD Stock Of The Day McKesson Leads Wholesaler Rally, Nears A Breakout

McKesson is the IBD Stock Of The Day. A drug wholesaler rally is sending McKesson stock near a breakout. Rivals are also on the rise.

WEKU

A federal judge sides with 3 major drug distributors in a landmark opioid lawsuit

The lawsuit accused them of causing a health crisis by distributing 81 million pills over eight years in one West Virginia county ravaged by opioid addiction.

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 26, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 18, 2022

WEKU

Idaho announces $119 million opioid crisis settlement

Idaho Gov. Brad Little and Attorney General Lawrence Wasden say it's the second-largest consumer settlement in state history.

The Independent UK

Idaho announces $119 million opioid crisis settlement

Idaho officials have announced a $119 million settlement with drugmaker Johnson & Johnson and three major distributors over their role in the opioid addiction crisis

Benzinga

Cardinal Health's Shares Fall as Inflation and Supply Chain Constraints Hit Q3 Earnings

Cardinal Health Inc (NYSE:CAH) has reported Q3 FY22 adjusted EPS of $1.45, down 5% Y/Y, missing the consensus of $1.52 Q2 sales increased 14% Y/Y to $44.8 billion, beating the consensus estimate of $43.16 billion. The pharmaceutical segment increased 17% to $41 billion, driven primarily by branded pharmaceutical sales growth from large…

Benzinga

Cardinal Health: Q3 Earnings Insights

Cardinal Health (NYSE:CAH) reported its Q3 earnings results on Thursday, May 5, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Benzinga

Washington, Drug Distributors Reach $518M Settlement For Opioid Claims

Washington has reached a $518 million settlement with drug distributors McKesson Corporation (NYSE:MCK), AmerisourceBergen Corp (NYSE:ABC), and Cardinal Health Inc (NYSE:CAH) to resolve opioid-related claims. Washington opted out of a $26 billion nationwide opioid settlement involving the three drug distributors and Johnson & Johnson (NYSE:JNJ). Reuters writes that it would…

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