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Health Care Providers and Services George Barrett

  • Shares of the company, which also cut its 2017 forecast for adjusted earnings from continuing operations, were up 3.8 percent at $78.88 in morning trading. Cardinal said profit from its medical unit rose by 50 percent to $159 million in the second quarter ended Dec. 31. The company cut its 2017 forecast for adjusted earnings from continuing operations for the...

  • Cardinal Health's quarterly revenue came in at $33.15 billion, missing estimates of $31.04 billion. "While management tends to be conservative, we suspect that price competition will have a negative impact on margins over the coming quarters," William Blair analysts wrote in a client note. Cardinal Health, which also makes surgical apparel and gloves, cut its...

  • Cardinal Health, which also makes surgical apparel and gloves, cut its 2017 forecast for adjusted earnings from continuing operations to $5.35- $5.50 per share from $5.40- $5.60. Revenue fell 5.4 percent to $33.15 billion, missing estimates of $31.04 billion. Net income attributable to company was $324 million, or 1.02 cents per share, for the second quarter...

  • Jamie Dimon, chief executive officer of JPMorgan Chase, at the 2015 WEF in Davos, Switzerland.

    The JPMorgan Chase CEO criticized bad workers and D.C. politicians for slowing down the economy on Thursday.