Cardinal Health Inc CAH:NYSE
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Sector: Healthcare Industry: Biotechnology & Drugs
31.77 Arrow Up0.18   0.57% 5,403,445 Market data is delayed by at least 20 minutes.
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Latest News Headlines for Cardinal Health Inc

Friday 11/20/2009 8:00 AM ET - PR Newswire

Cardinal Health and Patient Safety Technologies today announced that they have entered into a five-year exclusive distribution agreement to co-market the SurgiCount Safety-Sponge(TM) System, which helps prevent retention of sponges and towels unintentionally left in patients during surgical procedures.

Thursday 11/19/2009 10:18 AM ET - Comtex SmarTrend(R)

Cardinal Health (NYSE:CAH) initiated as Buy at UBS. The stock closed yesterday at $31.59 on volume of 3,869,632 shares, below average daily volume of 3,898,148.

Cardinal Health is currently above its 50-day moving average of $28.13 and above its 200-day moving average of $24.90.

Thursday 11/19/2009 8:45 AM ET - Comtex SmarTrend(R)

Analyst Upgrades for 11/19/2009... AmerisourceBergen (NYSE:ABC) initiated as Buy at UBS... AvalonBay Communities (NYSE:AVB) upgraded to Outperform at RBC... Cardinal Health (NYSE:CAH) initiated as Buy at UBS... Chicos (NYSE:CHS) reiterated Outperform, raised price target to $18 from $15, at FBR... CLARCOR (NYSE:CLC) upgraded to Buy, $40 target, at BB&T... CNA Financial (NYSE:CAN) upgraded to Buy, $27 target, at BofA/Merrill... CVS Caremark (NYSE:CVS) initiated as Buy at UBS... Endurance S

Wednesday 11/18/2009 5:34 PM ET - Comtex SmarTrend(R)

Cardinal Health (NYSE:CAH) is trading 0.3% higher (up $0.09 to $31.58) today on volume of 1,252,021 shares. The stock has breached its 52-week high of $31.53.

Cardinal Health is currently above its 50-day moving average of $28.02 and above its 200-day moving average of $24.88.

Thursday 11/12/2009 12:16 PM ET - Comtex SmarTrend(R)

SmarTrend, our proprietary pattern recognition system, called an Uptrend for Cardinal Health (NYSE:CAH) on July 29, 2009 at $24.18.

Since then, Cardinal Health has returned 28.6% as of today's recent price of $31.11. Want to profit from these alerts?

Earlier Headlines - view recent headlines
--/--

Bid/Size

--/--

Ask/Size

31.56

Price Open

31.59

Previous Close

31.96

Day High

31.32

Day Low

0.91

Beta (5yr)

39.87/2/6/09

52wk High/Date

24.87/9/2/09

52wk Low/Date

11.5 Billion

Market Capitalization

362.7 Million

Shares Outstanding

155.66

Volatility Avg (1 Year)

4.0 Million

Avg Vol (10 day)

12.7x

P/E Ratio

2.51

EPS (TTM)

0.175 (1/15/10)

Declared QRTR Div explain

2.20%

Yield

12/29/2009

Ex-Date

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Cardinal Health Inc vs. Peers

Company Market Cap YTD Price Performance
CAH

Cardinal Health Inc

11.5B
+28.4%
MCK

McKesson Corporation

16.9B
+63.0%
ABC

AmerisourceBergen Corp.

7.3B
+37.4%
OMI

Owens & Minor, Inc.

1.6B
+3.7%
TMO

Thermo Fisher Scientific Inc.

19.0B
+36.7%

Company Background

Cardinal Health, Inc. (Cardinal Health) is a provider of products and services to healthcare industry. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company had three segments: Healthcare Supply Chain Services, Clinical and Medical Products and All Other. Effective July 1, 2009, the Company changed its segments to three segments: Pharmaceutical, Medical and CareFusion. On August 25, 2009, the Company spun-off 80.1% of a wholly owned subsidiary, CareFusion Corporation (CareFusion). Through its Healthcare Supply Chain Services-Pharmaceutical segment, the Company distributes a line of branded and generic pharmaceutical products, over-the-counter healthcare products and consumer products (pharmaceutical products). During fiscal 2009, the Company divested the Tecomet (orthopedic implants and instruments) and MedSystems (enteral devices and airway management products) businesses that were part of All Other segment.

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