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BUSINESS BRIEFS.(TO THE POINT)
MEDICAL
Kos Pharma up to 18-month high
The drug maker earned 31 cents a share in Q2, reversing last year's 50-cent loss and topping views by 24 cents. Revenue jumped 69% to $64.9 mil, boosted by strong sales of its Niaspan and Advicor cholesterol drugs. Kos Pharmaceuticals expects $1.20-$1.30 a share in '03 vs. its prior view for 65-75 cents. Kos surged 26% to 34.14. More on A5
Cardinal Health dives on outlook
The drug wholesaler met Q4 views for a 20% rise to 89 cents a share. Revenue rose 15% to $13.5 bil. But Cardinal Health expects '04 profit growth in the midteens or better. Analysts said the firm had seen 20%-21%. Cardinal plunged 15% to 54.75. Rivals McKesson and AmerisourceBergen also sold off.
Gen-Probe profit smashed views
The genome-based blood diagnostic tool firm earned 34 cents a share in Q2, well above last year's 2 cents and views for 21. Sales rose 41% to $50.7 mil. Gen-Probe $1.20-$1.25 in '03 vs. its old target for $1-$1.05. Analysts see $1.12. But since Gen-Probe beat Q2 views by 13 cents, it's predicting 2nd-half profit will come in even to 5 cents shy of views. Gen-Probe, which hit a new intraday high of 59.25, fell 4% to 55.
- Cardinal Health Board of Directors Raises Dividend by 33 Percent, Elects...
- Press release article from: PR Newswire May 2, 2007 700+ words
...FirstCall/ -- Cardinal Health, a global provider...has approved a 3-cent-per share increase...record on July 1. Cardinal Health has paid a 9-cents-per-share quarterly...increase supports Cardinal Health's previously stated...
- Cardinal Health Raises Quarterly Dividend By 50 Percent, Enhances Governance.
- Press release article from: PR Newswire May 10, 2006 700+ words
...PRNewswire-FirstCall/ -- Cardinal Health, Inc., the leading provider...shareholders of record on July 1. Cardinal Health has paid a 6-cents-per-share quarterly dividend...chief executive officer of Cardinal Health. "This action reinforces...
- Cardinal Health Updates Long-Term and Fiscal 2006 EPS Outlook; Doubles...
- Press release article from: PR Newswire June 27, 2005 700+ words
...Over the long term, Cardinal Health expects earnings...30 to $3.55 as Cardinal Health increases investments...dividend increase to 6-cents-per-share for...12 per share. Cardinal Health has paid a 3-cent- per-share quarterly...
- Cardinal Health to buy Viasys: The Conshohocken medical technology firm will be...
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) May 15, 2007 700+ words
...respiratory-care market. Cardinal Health's offer of $42.75 a...18, an all-time high. Cardinal Health shares rose 12 cents to $69.19. "Viasys is a great strategic fit," Cardinal Health chief executive officer R...
- Cardinal Health Inc. is Added to Watch List.
- Press release article from: M2 Presswire April 27, 2007 700+ words
...credit card needed! Cardinal Health Inc. said on Thursday...19 million, or 5 cents a share, for the...share. Shares of Cardinal Health fell 59 cents in early trading...Stock Exchange. Cardinal Health: http://www...
- Cardinal Health Chairman Provides Update on Company Performance, Fiscal 2005...
- Press release article from: PR Newswire April 1, 2005 700+ words
...the performance of Cardinal Health's business segments...in approximately 10 cents per-share risk to...also said the goal Cardinal Health set, to reach agreements...April 29, and that Cardinal Health does not anticipate...
- Cardinal Health Designs Program to Help Hospitals, Physicians Slow Spread of...
- Press release article from: PR Newswire December 18, 2003 700+ words
...Under the program, Cardinal Health is making available...and emergency rooms. Cardinal Health is also offering educational...Products and Services at Cardinal Health. "We can help slow...such as wearing a 10-cent surgical mask and practicing...
- Morning Alert for Cardinal Health Inc.
- Press release article from: M2 Presswire January 25, 2007 700+ words
...News: Morning Alert for Cardinal Health Inc(C)1994-2007 M2...25012007 Morning Alert for Cardinal Health Inc. (NYSE:CAH) Cardinal...No credit card needed! Cardinal Health Inc. said Thursday it sold...of $304 million, or 66 cents a share, a year ago. The...