George Barrett

News

Despite ‘mediocre’ third quarter, Cardinal Health raises outlook

Medical product distributor Cardinal Health Inc. reported a 29 percent decline in third-quarter earnings, but the company still beat analysts’ expectations and raised its outlook for the full year. Earnings fell in part because last year’s results included CareFusion Corp., which Cardinal has since spun off. Excluding San Diego-based CareFusion, earnings grew about 5 percent […]