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Cardinal Health today announced a cash tender offer to purchase up to an aggregate purchase price of $1.2 billion of its long-term debt securities. The tender offer is part of a previously announced plan to reduce the company's long-term debt after the... Full Article at News-Medical.net
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Based on the current stock price, investors can expect a yield of about 2.4% going forward.In afternoon trading, shares of Cardinal Health (nyse: CAH - news - people ) were heading lower, off about 3.2%.In other dividend news, Canadian Natural... Full Article at Forbes
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The company did, however, raise its full year forecast.Profit was $194 million, or 54 cents per share, versus $273.2 million, or 75 cents per share, in the same quarter last yaer.Revenue for the quarter rose half a percent to $24.5 billion.Also in... Full Article at Forbes
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Yogita Patel And Jodi Xu Cardinal Health Corp.'s fiscal fourth-quarter earnings fell 18% on prior-year earnings from discontinued operations as revenue rose less than expected. While earnings came in just above estimates, the medical-products company... Full Article at Wall Street Journal
