ADVFN - Advanced Financial Network.
HOME» NYSE » C » CAH Stock Price » CAH Stock News

Cardinal Health Share News

 Cardinal Health, Inc. Stock Price
CAH Stock Price
 Cardinal Health, Inc. Stock Chart
CAH Stock Chart
 Cardinal Health, Inc. Stock News
CAH Stock News
 Cardinal Health, Inc. Company Information
CAH Company Information
 Cardinal Health, Inc. Stock Trades
CAH Stock Trades

Einhorn's Greenlight Reports Increased Microsoft Stake

By John Letzing Of DOW JONES NEWSWIRES SAN FRANCISCO -(Dow Jones)- Hedge-fund manager David Einhorn reported holdings Monday that signal his enduring faith in Microsoft Corp. (MSFT), even as he has shed a stake in Microsoft partner Yahoo Inc. (YHOO). In a regulatory filing, Einhorn's Greenlight Capital Inc. reported a stake in Microsoft that totaled roughly 14.8 million shares as of June 30--compared to about 9.1 million shares at the end of the prior quarter. Microsoft has continued to pull in significant profits from its traditional Windows and Office software businesses, even as it shows a loss for its newer online services unit. Shares of Microsoft have fallen 8.6% in the year so far. The shares closed Monday up 1.6% at $25.51. Einhorn has expressed his appreciation for Microsoft in the past, telling an audience at an investment conference in May that the Redmond, Wash., company is not receiving proper attention from investors. However, Einhorn recently shed his stake in Microsoft partner Yahoo. Microsoft is powering the search and advertising results on Yahoo websites, in a revenue-sharing arrangement. Yahoo has sought to focus on its online display-advertising business, though its recent second-quarter display-ad revenue results disappointed investors. Einhorn's disclosure to investors that he'd dropped his Yahoo stake was reported last month. Greenlight Capital had reported holding 8.5 million shares of Yahoo for the period ended March 31. Einhorn also on Monday reported a larger stake in Microsoft rival Apple Inc. (AAPL). Greenlight Capital reported having roughly 1.1 million shares of Apple as of June 30, compared to a holding of 837,500 shares at the end of the prior period. Apple, which sells iPhone and iPad devices popular with consumers, recently topped Exxon Mobil Corp. (XOM) to become the world's most valuable company by market valuation, before falling slightly behind. Shares of Apple closed Monday up 1.7% at $383.41. Einhorn appears to have placed another bet on consumer spending with Best Buy Inc. (BBY) Greenlight Capital reported holding roughly 6.9 million shares of the electronics retailer as of June 30, compared to about 6 million shares at the end of the prior period. Shares of Best Buy closed Monday up 3.6% at $24.52. A Greenlight Capital representative declined to comment. -By John Letzing, Dow Jones Newswires; 415-765-8230; john.letzing@dowjones.com

Stock News for Cardinal Health (CAH)
DateTimeHeadline
09/11/201408:57:18Cardinal Health Names New Finance Chief
08/04/201416:31:41MARKET SNAPSHOT: U.S. Stocks Rally; Dow Snaps 4-session Losing...
08/04/201412:10:24MARKET SNAPSHOT: U.S. Stocks Steady; Michael Kors Drops
08/04/201410:02:08MARKET SNAPSHOT: U.S. Stocks Open Higher After Rout
08/04/201407:53:35MARKET SNAPSHOT: U.S. Stocks: Futures Up As Investors Look To...
08/04/201406:21:18MARKET SNAPSHOT: U.S. Stocks: Futures Inch Up After Disastrous...
04/28/201416:53:22MARKET SNAPSHOT: Market Leaders Energy, Utilities Face Earnings...
04/27/201406:17:33MARKET SNAPSHOT: Energy, Utilities Companies Face Earnings Tests
04/02/201417:42:06Cardinal Health to Pay $320 Million to Buy AccessClosure
11/15/201308:55:36Highbridge Capital Management 3Q 13F: Holdings As -2-
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Holdings As Of -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest Purchases
11/15/201307:04:49Bridgewater Associates LP 3Q 13F: Holdings As Of Sep 30
11/15/201306:39:13CR Intrinsic Investors 3Q 13F: Holdings As Of Sep 30
11/15/201306:39:13CR Intrinsic Investors 3Q 13F: Holdings As Of Sep -2-
11/15/201306:38:48CR Intrinsic Investors 3Q 13F: Largest Sales

Cardinal Health and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad