Health care giant Johnson & Johnson has formally accepted a $1.94 billion offer to sell its Cordis heart devices unit to Cardinal Health.» Read More
Following are the day’s biggest winners and losers. Find out why shares of A123 Systems and American Greetings popped while Moody's and Electronic Arts dropped.
Long before the Wall Street crisis, a few agile traders spotted signs that trouble was lurking at Lehman.
The Fed has said banks must tap the equity market before anyone gets approval to return TARP money so...banks are again out raising money.
We are at the beginning of a slow and uneven recovery but we will see the S&P 500 reach 1,000 by year-end, said Bob Doll, vice chairman of BlackRock.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
Stocks benefited from economic "green shoots" in April but the question is whether the rally will be rained out in May.
Despite the continuing market rally, Rob Morgan of Clermont Wealth Strategies suggested that investors still remain cautious.
Despite the recession, Robert Doll, vice chairman of BlackRock, told CNBC’s investor audience that the health maintenance organizations (HMO) sector is “outperforming the market.”
Last year, I pointed out that the market historically has outperformed when an original NFL team wins the Super Bowl and lags when an original AFL team wins. This year is special then. Both the Cardinals and the Steelers were members of the original NFL before the merger with the AFL in 1970. So either way, an original NFL team will win this year. Of course the NY Giants upset of New England last year did not translate well for the markets...
Within about a 12-hour period, two healthcare companies have blamed the pullback in hospital spending for worse-than-anticipated financial results.
Futures dropped 5 points on disappointing guidance from Wal-Mart. We were expecting a poor December retail sales report, and for the most part it did not disappoint.
Some established firms have collapsed outright, others are laying off by the hundreds, and others still are seeking mergers with larger firms to try and weather the storm.
Another issue weighing on financials is the gradual realization that the government is dead serious about additional regulation, particularly of brokerage firms. Fed Chairman Ben Bernanke, speaking at an FDIC forum, argued that the Fed should have broader power to monitor the financial system.
Following are the day’s winners and losers. Find out why shares of Zimmer Holdings and Sepracor popped while EMC and Amazon dropped.
Stocks closed higher in another jittery session, helped by expectations of another Fed rate cut and an economic stimulus package from the federal government.
Cardinal Health reported an 11 percent rise in quarterly earnings on Monday, led by its clinical and medical products businesses, but cited disappointment with its main pharmaceutical supply chain segment.
Pharmaceutical wholesaler McKesson reported that its quarterly profit rose a better-than-expected 8 percent, led by increased demand for its drug distribution business, and the company raised its full-year earnings forecast.
What's the best way to stock a large-cap value fund?
Downey Financial, Freeport-McMoRan, WWE and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Cardinal Health on Thursday said its quarterly net profit rose, led by strong demand for medical pumps and other devices in its Clinical Technologies and Services business.