Cardinal spinning off CareFusion Monday Sep 1, 2009
Cardinal Health spinning off CareFusion Monday - Business First of Columbus ... Cardinal Health spinning off CareFusion Monday. (Columbus Business First, OH)
New direction for Cardinal Health Sep 1, 2009
WASHINGTON - Drug and medical supplies distributor Cardinal Health will spin off its medical device division this week, streamlining operations after more than a decade of diversified growth, a strategy that analysts say never quite panned out. Beginning today, Cardinal s medical technology division will begin operating as a separate company called Carefusion, containing nearly two dozen device businesses that were acquired since the mid-1990s. (Boston Globe)
Aircraft Reports Material Expansion and Staff Increase Sep 1, 2009
The enlarged team benefits from new personnel with both direct sales and distributor support experience gained at large companies such as Datex-Ohmeda (now-GE), Cardinal Health and Hudson, as well as smaller medical technology companies. Matt McGrath, CEO of Aircraft, said: "Over the last several months, Aircraft has been able to attract a number of very high calibre individuals, with proven track records at a variety of leading technology, pharmaceutical and life science companies. These... (PR Newswire)
Big MNCs dumping excess vendors Aug 31, 2009
Verizon, Chevron, Applied Materials, Best Buy, Cardinal Health, Home Depot and many other companies that do business with at least 40 IT vendors are set to prune their vendor list drastically, say consultants and analysts ... Verizon, Chevron, Applied Materials, Best Buy, Cardinal Health, Home Depot and many other companies that do business with at least 40 IT vendors are set to prune their vendor list drastically, say consultants and analysts. (India Times)
Slump-hit firms pruning IT vendors Aug 29, 2009
According to consultants and analysts, companies like Applied Materials, Best Buy, Cardinal Health, Home Depot, Verizon, Chevron and several others which have 40 to over 100 vendors, are in consolidation mode. According to one analyst, almost 60% of the Fortune 100 will prune their technology vendor list. (India Times)
3 Salesforce Quarterly Results: Big Upside Aug 25, 2009
Benioff also seized the moment to talk up some recent customer wins from its three main competitors -- Oracle, Microsoft and SAP. In particular, he said Salesforce took Motorola, Acxiom, Xerox, and Barclays from Oracle, and "recorded solid wins against SAP with Cardinal Health, Thomas Cook, and Lenovo." Related Articles. "Customers may drop us and sign with a competitor due to a low price, but time and time again, those customers come back to us," Benioff said. (Datamation)
Standard & Poor's Announces Change to U.S. Index Aug 25, 2009
S&P 500 constituent Cardinal Health Inc. (NYSE: ) is spinning off CareFusion to its shareholders in a transaction expected to be completed on or about that date ... Cardinal Health will remain in the S&P 500. (PR Newswire)
Carpenter, Holliday lead Cardinals past Padres (AP) Aug 23, 2009
Cardinal Health Jobs Paying $14-78 Per Hour That You Can Train For Now. Featured. (Yahoo News -- Top Stories)
Turnaround Tuesday: Retailers Fuel Aug 19, 2009
Existing users please login. Remember me on this computer. (Fox News)
Cardinal earnings fall ahead of spinoff Aug 19, 2009
The new Cardinal Health will remain a business of enormous scale and reach. but more customer-centric and nimble, Barrett said. (Columbus Business First, OH)
Stock index futures point to gains; housing data eyed Aug 18, 2009
Pharmaceutical wholesaler Cardinal Health (CAH.N) is among others reporting. U.S. stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos (LOW.N) dampened hopes about the economy's growth. (Yahoo News -- Press Releases)
A higher rating for branded glove firms? Aug 3, 2009
Most of the resellers like Kimberley-Clark, McKesson Corp, Cardinal Health, Medline and Ansell provide a wide range of healthcare and hospital products. Increasingly, these companies are manufacturing less and outsourcing production to OEMs. (The Star Online, Malaysia -- Business)
Pair accused of using device to steal gas at pump Jul 30, 2009
CareFusion Corporation, which is expected to become a public company following its planned spinoff from Cardinal Health, today issued the following update regarding its previously disclosed recall of the Alaris System. On June 12, 2009, the company sent an urgent Medical Device Recall Notification to customers of its Alaris(R) System addressing potential risks identified with the Alaris System. (Fresno Bee)
CareFusion Form 10 Registration Statement Declared Effective Jul 29, 2009
CareFusion on track for Aug. 31 separation from Cardinal Health; information statement to be mailed to Cardinal Health shareholders shortly. SAN DIEGO, July 28 /PRNewswire/ -- CareFusion Corporation, the company that is expected to become public following the planned spinoff of Cardinal Health's clinical and medical products businesses, today announced that the Form 10 registration statement for the spinoff has been declared effective by the Securities and Exchange Commission (SEC) ... Earlier... (PR Newswire)
SNM's Clinical Trials Network expands European membership of PET biomarker manufacturers Jul 24, 2009
SNM is pleased to have the support of all major U.S. multi-site PET manufacturers in the network registry as well, including Cardinal Health, IBA Molecular and PETNet Solutions. . (EurekAlert! -- Business News)
Inside Wall Street Jul 17, 2009
Slimmed Down at Cardinal Health. Some pros are starting to favor a downsized Cardinal Health (), a major wholesale distributor of medical and surgical supplies, all set to spin off its lucrative unit that makes such products as surgical instruments and gowns. (BusinessWeek)
CareFusion Prices $1.4 Billion of Senior Notes Jul 15, 2009
SAN DIEGO, July 14 /PRNewswire/ -- CareFusion Corporation, the company that will become public from the planned spinoff of Cardinal Health's clinical and medical products businesses, today announced the pricing of its offering of $1 ... As previously announced, CareFusion plans to use the net proceeds from this offering to pay a special dividend to Cardinal Health in connection with the planned spinoff of CareFusion from Cardinal Health ... Proceeds from the offering will be deposited in an... (PR Newswire)
Bashas' grocery chain declares Chapter 11 Jul 14, 2009
The Sierra Vista Herald. Last updated on Tuesday, Jul 14, 2009 - 02:15:59 am MST. (Sierra Vista Herald, AZ)
Arizona's Bashas' Seeks Chapter 11 Reorganization Jul 14, 2009
In its filing, Bashas listed its largest creditors as Cardinal Health, $2. 76 million; and Phoenix Coca-Cola Bottling Co., $2. (ABC News -- Wire)
Bashas' main creditors Jul 14, 2009
Cardinal Health, Atlanta, $2,758,377. 2. (AZCentral -- Business)
Cardinal: CareFusion spinoff effective Aug. 31 Jul 11, 2009
Shareholders will receive about 80 percent of CareFusion stock Aug. 25, with Cardinal Health (NYSE:CAH) holding on to the balance ... Cardinal Health earned $1. (Columbus Business First, OH)
Cardinal halves CareFusion distribution Jul 8, 2009
Cardinal Health halves CareFusion distribution ratio - Triangle Business Journal ... Cardinal Health halves CareFusion distribution ratio ... Cardinal Health (NYSE:CAH) earned $1. (Raleigh Triangle Business Journal, NC)
CareFusion Corporation Launches International Jazz Festival Series Jul 8, 2009
NEW YORK, July 7 /PRNewswire-FirstCall/ -- , the company that will become public following the planned spinoff of Cardinal Health's clinical and medical products businesses, today announced the at an event held in New York ... CareFusion Corporation, a wholly owned subsidiary of Cardinal Health (NYSE: - ), is expected to become a public company from the planned spinoff of Cardinal Health's clinical and medical products businesses ... This news release contains forward-looking statements... (Yahoo! Wire -- Entertainment News)
New sponsor emerges to revive New York's flagship jazz festival for 2010 Jul 8, 2009
CareFusion Corp, a San Diego-based medical technology firm being spun off from Cardinal Health, will be the festival's new corporate sponsor for an event next summer. This year the curtain fell on the JVC Jazz Festival New York after the Japanese electronics company said it would not be sponsoring any jazz events in 2009. (FOX61, CT)
Pamplona's running of the bulls leaves 4 injured Jul 8, 2009
CareFusion Corp, a San Diego-based medical technology firm being spun off from Cardinal Health, will be the festival's new corporate sponsor for an event next summer ... CareFusion Corp, a San Diego-based medical technology firm being spun off from Cardinal Health, will be the festival's new corporate sponsor for an event next summer. (Fresno Bee -- Local)
Longtime UNM fan heads new Lobo Club here Jul 5, 2009
For 38 years, Burns worked for Cardinal Health, a drug wholesaler, retiring four years ago. Burns was overjoyed when the UNM women s basketball team played three of its four Women s National Invitational Basketball Tournament gamers in his backyard, Santa Ana Star Center in Rio Rancho. (Rio Rancho Observer, NM)
McCoy leaving Cardinal Health board Jul 3, 2009
Cardinal Health Inc. said Thursday that a director of 22 years is leaving its board. John McCoy, a former CEO of Bank One Corp., cited personal reasons for his exit, which will occur when Cardinal Health spins off its clinical and medical products businesses as CareFusion Corp. ... Dublin-based Cardinal Health is a $91 billion global health care company that employes more than 40,000 worldwide. (Columbus Business First, OH)
Local 'Jacki' cancer recovery program receives $39,876 Komen grant Jun 30, 2009
Pictured, from left, Maureen Cardinal, Health Project director of A Little Easier Recovery, receives a donation check presented by Jeanette Beltran, director of Community Initiatives for the Massachusetts Affiliate of Susan G. Komen for the Cure. Mon Jun 29, 2009, 02:10 PM EDT. (North Andover Citizen, MA)
Cerner and McKesson capable of keeping up with GE in EHRs as expenses for integration pile up Jun 25, 2009
Last month, Allscripts (NASDAQ:MDRX), one of the largest EHR vendors in the country, announced it was partnering with Cardinal Health (NYSE:CAH) in order to create a distribution network for its MyWay EHR. According to company statements, the deal was made in order to reach the one to three-physician market, a large majority of whom have yet to adopt EHRs, and a market Rosenfeld said would take extensive capital to reach. Larger companies are likely to focus on developing smaller, agile models... (FT.com -- Markets)
Cardinal Foundation sends $1M in grants Jun 19, 2009
The Cardinal Health Foundation said Thursday it has awarded $1 million in grants to 35 hospitals, health systems and community health clinics around the country, including programs at in Columbus and the in Wilmington. According to foundation representatives, OSU s James Cancer Hospital and Solove Research Institute will use its portion of the grant money to develop a home medication documentation interactive training program, which will examine the effects of using virtual patient modules to... (Columbus Business First, OH)
Wesley awarded national grant Jun 19, 2009
Cardinal Health says the grants up to $35,000 per facility will provide funding for programs that implement creative methods to improve the quality of patient care ... Medication safety and health care associated infections are two of the largest patient safety issues that health care organizations face every day, and the human toll and financial burden is escalating, said Shelley Bird, chair of the Cardinal Health Foundation, in a statement ... The Cardinal Health Foundation is committed to... (Wichita Business Journal, KS)
Greensboro chamber honors 13 winners May 15, 2009
Employers of the Year: Large business, Cardinal Health; medium business, Chili s Bar and Grille and Dynamic Quest; small business, 1st Carolina DJ s; media award, It s All About Your Business; Brant Taylor Barrier Free Success Award, Brant Taylor. Reader Comments. (Triad Business Journal, NC)
Steven H. Kane Appointed as President and Chief Executive Officer of Patient Safety Technologies, Inc. May 8, 2009
Prior to that, Mr. Kane was Eastern Area Vice President for Pyxis Corporation, where he was instrumental in positioning the company for its initial public offering in 1992 and its subsequent sale to Cardinal Health for approximately $1 billion. Earlier in his career, Mr. Kane worked in sales management with Eli Lilly & Company and Becton, Dickinson & Company. (PR Newswire)
U.S. Antiviral Supplies Tighten as Prescriptions Soar May 5, 2009
So far, hoarding has not prevented supplies reaching people who actually fall sick, and distributors such as Cardinal Health Inc and AmerisourceBergen Corp say they still have plenty of supply. In addition, the U.S. government has 50 million doses in a national stockpile and recently released 25 percent of those doses. (MEDLINEplus)
Wake-up call: Our plan to handle a killer virus May 3, 2009
It wasn't that the supplier, Cardinal Health, was out ... "It's an effort to prevent hoarding so there's product everywhere," said Corey Kerr, a spokeswoman for Cardinal Health, one of the nation's three largest pharmaceutical distributors. (The Palm Beach Post)
Cardinal Health shares slip as net dips May 2, 2009
Cardinal Health shares slip as earnings dip - Triangle Business Journal ... Cardinal Health shares slip as earnings dip ... Cardinal Health (NYSE:CAH) said the decline in profit was expected as deferred hospital capital spending plans ate into earnings at its smaller but usually more profitable clinical and medical products division, set to be spun off into a separate publicly held company called CareFusion this year. (Triangle Business Journal)
Cardinal 3Q earnings down 12% May 1, 2009
Cardinal Health (NYSE:CAH) said the decline in profit was expected as deferred hospital capital spending plans ate into earnings at its smaller but usually more profitable clinical and medical products division, set to be spun off into a separate publicly held company this year ... Overall, Cardinal Health says it is likely to come in at the lower end of its guidance range of $3 ... Cardinal Health s earnings for the first nine months of its fiscal year were down 11 percent at $878. (Columbus Business First, OH)
Swine flu drives demand for face masks Apr 30, 2009
Manufacturers include Pittsburgh-based Respironics as well as Cardinal Health. A spokesman for Dublin, Ohio-based Cardinal said the company sold 850 ventilators to New York Department of Health last year as part of its flu preparedness program. (AZCentral -- Business)
OSU, state to partner on MRI project Apr 29, 2009
Some Cardinal Health employees will move to the center as it looks for ways to take its discoveries to the marketplace. Reader Comments. (Columbus Business First, OH)
Cardinal Health expands distribution in DeSoto County, Miss. Apr 13, 2009
Cardinal Health expands distribution in DeSoto County, Miss ... Cardinal Health expands distribution in DeSoto County, Miss ... Cardinal Health will start moving into the 860,464-square-foot building at 8640 Nail Road this summer, employing 60 people there. (Memphis Business Journal, TN)
-663,000: Unemployment Rate Reaches 25-Year High of 8.5%... Apr 4, 2009
Health care products distributor Cardinal Health Inc. said it would eliminate 1,300 positions. Semiconductor equipment maker KLA-Tencor Corp. said it would cut about 600. (The Drudge Report)
Nationwide Cuts 480 Jobs in Latest Layoffs Apr 4, 2009
It also came several days after suburban Dublin-based Cardinal Health Inc. one of central Ohio's other major employers said it would eliminate 1,300 jobs from its clinical and medical products unit. Jurgensen had served as Nationwide's CEO since 2000. (ABC News -- Wire)
Nationwide makes more job cuts 480 out Apr 4, 2009
Dublin-based Cardinal Health Inc. (NYSE:CAH) said Monday that it will chop 1,300 jobs from its future spinoff CareFusion Corp., but none of the reductions would involve Columbus-area workers. Reader Comments. (Columbus Business First, OH)
New Signs Point To Recession Nearing Bottom Apr 3, 2009
Elsewhere, healthcare products distributor Cardinal Health Inc. said it would eliminate 1,300 positions, or about 3 percent of its work force, and semiconductor equipment maker KLA-Tencor Corp. said it will cut about 600 jobs, or 10 percent of its employees. Among the states, California reported the biggest increase in new claims for the week ending March 21 with a jump of more than 6,700, which it attributed to layoffs in the construction and service industries. (Click2Houston, TX)
Layoffs rise despite easing recession Apr 3, 2009
Elsewhere, healthcare products distributor Cardinal Health Inc. said it would eliminate 1,300 positions, or about 3 per cent of its work force, and semiconductor equipment maker KLA-Tencor Corp. said it will cut about 600 jobs, or 10 per cent of its employees. Read business stories in. (India Times)
New Jobless Claims Jump Unexpectedly To 669K Apr 3, 2009
Elsewhere, healthcare products distributor Cardinal Health Inc. said it would lay off 1,300 employees, or about 3 percent of its work force, and semiconductor equipment maker KLA-Tencor Corp. said it will cut about 600 jobs, or 10 percent of its employees. The Federal Reserve has cut a key benchmark interest rate to nearly zero in an effort to jump-start lending and embarked on a series of radical programs to inject billions of dollars into the financial system. (KIRO TV, WA)
Cardinal Health to Cut 1,300 Jobs at Clinical Unit Apr 1, 2009
In this April 30, 2007 file photo, Cardinal Health Inc. employees work in the cafeteria at the. In this April 30, 2007 file photo, Cardinal Health Inc. employees work in the cafeteria at the company's headquarters in Dublin, Ohio ... Cardinal Health Inc. on Tuesday, March 31, 2009 said its clinical and medical products unit will eliminate 1,300 jobs, with most of the cuts made over the next six months, as hospitals cut back on equipment purchases. (ABC News -- Wire)
Cardinal Health cutting 1,300 jobs; none in Dublin Apr 1, 2009
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Warren Buffett's U.S. Takeover Test Passed by Sysco, VF, Danaher, Marathon Mar 20, 2009
Aetna Aflac Agilent Technologies Allergan Anadarko Petroleum Aon Archer Daniels Midland Baker Hughes Becton Dickinson Brown-Forman Bunge Cardinal Health Carnival Chubb Computer Sciences Covidien Danaher EOG Resources General Dynamics Halliburton Hess Illinois Tool Works Intercontinental Exchange Intuit ITT Kohls Loews Corp. Marathon Oil McKesson Newmont Mining Noble Corp. Noble Energy Nucor Precision Castparts Raytheon Reynolds American Rockwell Collins SAIC Smith International Southern... (Bloomberg)
Cardinal opens radiopharma production facility Mar 17, 2009
Cardinal Health (NYSE:CAH) said locating the PET production facility near the Omaha nuclear pharmacy allows the company to reach more hospitals and clinics in less time, a crucial advantage because the drugs are effective only within hours of production ... The new facility, which employs 30 workers, also has the capability to produce PET drugs used in clinical trials, a development stage that Cardinal Health ... Before getting into the clinical trial market in June, Cardinal Health only made... (Columbus Business First, OH)
Dublin officials tout 08 successes Mar 4, 2009
Examples last year included Cardinal Health s headquarters expansion, the opening of , and a new office campus for under construction on Emerald Parkway. Dublin City Manager Terry Foegler, a former Dublin development director hired last month after several years running s , said officials will monitor the city s finances throughout 2009 because of the dire economic straits many businesses find themselves in. (Columbus Business First, OH)
SRI shrinks losses after Cardinal deal Mar 4, 2009
SRI/Surgical shrinks losses after deal with Cardinal Health - Tampa Bay Business Journal ... SRI/Surgical shrinks losses after deal with Cardinal Health. (Tampa Bay Business Journal, FL)
Devicor is seeking acquisitions Feb 23, 2009
Daulton said that while working for Cardinal Health, he saw compelling investment opportunities in the market. He became acquainted with GTCR and was recruited by the company last fall to run Devicor. (Milwaukee Business Journal, WI)
Cardinal enters pact with FDA over pumps Feb 19, 2009
Cardinal Health (NYSE:CAH), Ohio s largest publicly held corporation, earned $1. 3 billion on $91. (Columbus Business First, OH)
Cardinal Health unveils spinoff name Feb 17, 2009
The of the $4 billion-a-year business is expected to be completed by the end of June, when Cardinal Health s fiscal year ends, and likely will trade its shares the New York Stock Exchange under the ticker symbol CFN.. CareFusion is a name that clearly communicates our ability to bring together technologies that improve patient safety and streamline the care process, David Schlotterbeck, Cardinal Health vice chairman and future CareFusion CEO, said in a release ... Products carrying that moniker... (Columbus Business First, OH)
Cardinal Health names tech spinoff Feb 17, 2009
Cardinal Health (NYSE: CAH), the Ohio-based health care giant, announced the name Monday ... A Cardinal Health facility in Durham is not affected by the spinoff ... CareFusion is a name that clearly communicates our ability to bring together technologies that improve patient safety and streamline the care process, David Schlotterbeck, Cardinal Health vice chairman and future CareFusion CEO, said in a release. (Raleigh Triangle Business Journal, NC)
Omnicell shares tumble on 2009 view Feb 16, 2009
"We are not altogether surprised by the change in Omnicell's 2009 outlook in light of recent cautious commentary from Cardinal Health (CAH.N) and others. However, the magnitude certainly caught us by surprise," said ThinkEquity analyst Glenn Garmont. Shares of Omnicell fell to their lowest levels since 2005 to touch a low of $6. (Reuters)
Obama taps Cardinal lawyer for Homeland Security job Feb 9, 2009
At Cardinal Health (NYSE:CAH), Fong is secretary for its board of directors and manages legal affairs for the Dublin-based company. Before arriving at Cardinal, he was senior vice president and general counsel for Co. s Vendor Financial Services business. (Columbus Business First, OH)
Linux: Windows Beware Feb 8, 2009
CIO Update, Rheinlander shares his views on the state of IT today and the future of Linux (CIO Information Network)
