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Cardinal Health Inc

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  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- U.S. stocks advanced on Monday to push the Nasdaq above the 5,000 mark for the first time in fifteen years, as a round of mixed data pointed to a slowly accelerating economy. "Five thousand on the Nasdaq, it's been a long time coming," said Peter Kenny, chief market strategist at Clearpool...

  • NEW YORK— For the first time since its dot-com era peak nearly 15 years ago, the Nasdaq composite has closed above 5,000.. Investors are now paying $20 for every $1 in earnings per share thrown off by Nasdaq companies each year. "It has gone up for the right reasons— on fundamentals, not just speculation," said Peter Cardillo, chief market economist at Rockwell Global...

  • *Manufacturing data expected from Markit, ISM. *HP to buy Aruba Networks. At 9:45 a.m., data will be released on the manufacturing sector by financial data firm Markit, following shortly afterwards by the Institute for Supply Management's reading on the manufacturing sector at 10:00 a.m..

  • NEW BRUNSWICK, N.J.— Cardinal Health is offering to buy a unit of Johnson& Johnson that makes heart devices for approximately $1.94 billion. Johnson& Johnson's Cordis business, which is based in Fremont, California, had 2014 revenue of about $780 million. Cordis has operations in more than 50 countries, including China, Japan, Germany, Italy, France, the U.K. and Brazil.

  • *Manufacturing data expected from Markit, ISM. *HP to buy Aruba Networks. At 9:45 a.m., data will be released on the manufacturing sector by financial data firm Markit, following shortly afterwards by the Institute for Supply Management's reading on the manufacturing sector at 10:00 a.m..

  • Feb 10- Blackstone Group LP's PGI Specialty Materials Inc, which makes materials that are used in products ranging from diapers to disinfectant wipes, filed with U.S. regulators for an initial public offering of common stock. The company's customers include Procter& Gamble Co, Kimberly-Clark Corp and Cardinal Health Inc.. BofA Merrill Lynch, Citigroup,...

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