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CAH

Cardinal Health

$47.47

-0.73 (-1.51%)

06:16
07/09/19
07/09
06:16
07/09/19
06:16

Cardinal Health facing lack of potential successors for CFO, WSJ reports

Cardinal Health's move to turn to its CEO, Michael Kaufmann, to take on the interim CFO role following the departure of current CFO Jorge Gomez indicates a lack of potential successors, The Wall Street Journal's Nina Trentmann reports. The company has been dealing with falling profitability, specifically in its generic drugs business. Reference Link

  • 08

    Aug

  • 09

    Sep

CAH Cardinal Health
$47.47

-0.73 (-1.51%)

04/03/19
MSCO
04/03/19
NO CHANGE
MSCO
Morgan Stanley says Walgreens' reimbursement pressure points to distributor risk
Morgan Stanley analyst Ricky Goldwasser said the guidance cut made by Walgreens Boots Alliance (WBA) is due to the same "perfect storm of industry headwinds" addressed by CVS Health (CVS) earlier in the year, including increased reimbursement pressure, lower generic deflation, lower brand inflation and declining comparable sales in the front-end of the store. Though Walgreens management suggested reimbursement headwinds should normalize in fiscal 2020, Goldwasser said he could see more downside from continued reimbursement headwinds and structural changes if new rebate rule comes into play. He also views pharmacy reimbursement pressure as a leading indicator suggesting risk to distributors' sell side margins and earnings, including for AmerisourceBergen (ABC), which Goldwasser notes is part of the WBAD purchasing consortium. Other drug distributors include McKesson (MCK) and Cardinal Health (CAH).
04/17/19
GUGG
04/17/19
INITIATION
Target $72
GUGG
Neutral
Cardinal Health initiated with a Neutral at Guggenheim
Guggenheim initiated Cardinal Health with a Neutral and $72 price target.
04/17/19
GUGG
04/17/19
INITIATION
Target $51
GUGG
Neutral
Cardinal Health initiated with a Neutral at Guggenheim
Guggenheim initiated Cardinal Health with a Neutral rating and $51 price target.
04/17/19
GUGG
04/17/19
INITIATION
Target $51
GUGG
Neutral
Cardinal Health initiated with a Neutral at Guggenheim
Guggenheim analyst Glen Santangelo initiated Cardinal Health with a Neutral rating and a price target of $51. The analyst says that while the company is "operating in a difficult environment in both its Pharmaceutical and Medical segments", it is showing signs of stabilization operationally. Santangelo also warns however that Cardinal Health's upside potential will be limited as long as investors are focused on the "potential for unfavorable regulatory change and the implications of the ongoing opioid litigation."

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ONEXF

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MYOK

MyoKardia

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-0.21 (-0.42%)

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  • 09

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V

Visa

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-0.14 (-0.08%)

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  • 23

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TSS

TSYS

$133.04

0.06 (0.05%)

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CIR

Circor

$37.12

-1.22 (-3.18%)

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Upgrade
Circor rating change  »

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  • 01

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MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

, SNY

Sanofi

$41.57

-0.25 (-0.60%)

08:49
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Hot Stocks
MyoKardia re-acquires U.S. royalty rights to HCM programs from Sanofi »

MyoKardia (MYOK)…

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

SNY

Sanofi

$41.57

-0.25 (-0.60%)

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SQ

Square

$80.81

0.23 (0.29%)

08:49
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Initiation
Square initiated  »

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  • 01

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TMDI

Titan Medical

$2.19

-0.025 (-1.13%)

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PYPL

PayPal

$118.80

-0.88 (-0.74%)

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PayPal initiated  »

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  • 24

    Jul

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:48
07/18/19
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Hot Stocks
MyoKardia expects to report topline data from EXPLORER-HCM trial in 2Q20 »

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  • 09

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MA

MasterCard

$275.34

-1.1 (-0.40%)

08:48
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Initiation
MasterCard initiated  »

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  • 30

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GDOT

Green Dot

$47.85

-0.525 (-1.09%)

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GPN

Global Payments

$165.06

0.215 (0.13%)

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Initiation
Global Payments initiated  »

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  • 30

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FLT

FleetCor

$289.72

-1.21 (-0.42%)

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GPC

Genuine Parts

$102.27

-3.07 (-2.91%)

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Earnings
Genuine Parts updates FY19 revenue growth view to 4.5%-5.5%, consensus $19.55B »

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  • 18

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SPNE

SeaSpine

$12.73

(0.00%)

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SeaSpine announces release of OsteoStrand, OsteoStrand Plus DBM Fibers »

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APHA

Aphria

$6.56

0.26 (4.13%)

, SAP

SAP

$134.22

-0.9 (-0.67%)

08:45
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Options
Largest borrow rate increases among liquid names »

Latest data shows the…

APHA

Aphria

$6.56

0.26 (4.13%)

SAP

SAP

$134.22

-0.9 (-0.67%)

OSTK

Overstock.com

$18.90

1.13 (6.36%)

SIL

APEX Silver Mines

$28.29

1.23 (4.55%)

FCEL

FuelCell

$0.31

-0.014 (-4.38%)

TZA

Small Cap Bear 3x

$46.85

1.05 (2.29%)

TLT

iShares 20+ Year Treasury Bond Fund

$131.99

1.42 (1.09%)

SQQQ

ProShares UltraPro Short QQQ

$32.21

0.42 (1.32%)

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  • 18

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    Aug

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General news
U.S. initial jobless claims rose 8k to 216k in the week ended July 13 »

U.S. initial jobless…

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
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08:44
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

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  • 18

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MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
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Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

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  • 18

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MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:43
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Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

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