Cardinal Health Posts Higher 4Q Profit
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Cardinal Health Inc., the second-largest distributor of pharmaceuticals and other medical supplies in the United States, said Tuesday that earnings for its fourth-quarter ended June 30, increased 11 percent year-over-year.
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Fourth-quarter profit surged from a year-ago period that included hefty restructuring costs and liability charges related to the companyâs top-selling drug, Zyprexa.
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The Hewlett-Packard Co said on Tuesday that its profits rose 27 percent in the fourth quarter as revenues reached record levels across its business lines.
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UnitedHealth Group Inc. , the second biggest managed health care company, on Thursday said profit rose as its premiums outpaced the soaring cost of medical care.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Partners HealthCare , the parent of Massachusetts General Hospital and Brigham and Women's Hospital , reported a 75 percent increase in operating profit to $133 million in the fiscal year ended Sept. 30, up from $76 million the year before. Nonoperating revenue was $492 million, including investments, private philanthropy, and a $186 million payment from Amgen Inc. to ...
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UnitedHealth Group Inc. on Thursday said quarterly profit jumped nearly 46 percent as medical costs stabilized, and the No. 2 health insurer also boosted its 2005 forecast.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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Fourth-quarter earnings surged on higher revenue as the photo film manufacturer staked out a bigger position in digital photography.
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Fourth-quarter profit increased 4 percent as growing medical enrollment lifted revenue from health care premiums.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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Telecommunications equipment maker Lucent Technologies Inc., rebounding from multibillion dollar losses, reported a larger profit for its fourth fiscal quarter and recorded its first profitable year since 2000.
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Wachovia Corp. WB.N, the No. 4 U.S.  bank, on Wednesday said fourth-quarter profit rose, including  its acquisition of SouthTrust Corp. during the quarter.
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Third-quarter profit rose 15 percent to $1.28 billion as premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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UnitedHealth Group, the nation's second-largest managed care company, reported Thursday that fourth-quarter earnings leapt 45.8 percent, capping a year in which it added six million new members.
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Fourth-quarter profit rose, driven by a gain from the sale of some forestlands and strong results from its industrial packaging unit.
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UnitedHealth Group Inc. on Thursday  said quarterly profit jumped nearly 46 percent as medical costs  stabilized, and the No. 2 health insurer also boosted its 2005  forecast.