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Cardinal Health CAH - News Analyzed: 3,788 - Last Week: 100 - Last Month: 500

⇑ Recent Moves of Cardinal Health: Recall, Increased Stock Holdings, and Future Expansion

Recent Moves of Cardinal Health: Recall, Increased Stock Holdings, and Future Expansion
Cardinal Health (CAH) has been a topic of considerable coverage recently. The company was seen to recall kits containing Shenli's syringes. Tobam, Van ECK Associates Corp, and Janney Montgomery Scott LLC, among others, have increased their stock holdings in Cardinal Health. The Board of Directors of the company approved a boost to their quarterly dividend. Despite mixed quarterly results that led to a temporary drop in stock value, Cardinal Health is seen to be growing into its valuation. In terms of future plans, Cardinal Health plans to acquire Specialty Networks and its PPS Analytics platform. However, its contract with OptumRx will not be renewed after June. Additionally, the company has released its Fiscal 2023 Environmental, Social and Governance (ESG) Report further confirming their commitment to sustainable practices. They have also announced the location for a new pharmaceutical distribution center for over-the-counter products.

Cardinal Health CAH News Analytics from Tue, 15 Aug 2023 07:00:00 GMT to Mon, 08 Jul 2024 01:14:33 GMT - Rating 8 - Innovation 7 - Information 7 - Rumor -2

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