S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Distributors, regulators cast blame for opioid epidemic

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)

CHARLESTON, W.Va. (AP) — Opioid distribution companies and federal regulators pointed the finger at each other as a contributing factor in the nation's opioid epidemic during a landmark civil trial in West Virginia.

A former Drug Enforcement Administration official and the distributors each argued Wednesday that the other side disregarded requests to comply with regulations and policies, The Herald-Dispatch reported. Doing so could have led to stopping the flow of pills into local communities, they said.

The lawsuit brought by Cabell County and the city of Huntington accuses AmerisourceBergen, Cardinal Health Inc. and McKesson Corp. of fueling the epidemic. The trial is being heard in Charleston.

Joe Rannazzisi, former head of the Office of Diversion Control for the DEA from 2006 to 2015, said distributors failed to follow DEA policies.

McKesson attorney Paul Schmidt said Rannazzisi made a series of drastic changes when he took his position but did not communicate them clearly. Schmidt said distributors tried to change their monitoring policies for suspicious orders, but were ultimately unsuccessful due to the breakdown in communication.

The companies have maintained that poor communication and pill quotas set by federal agents are to blame for the epidemic, along with a rise in prescriptions written by doctors.

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)

Should you invest $1,000 in Cardinal Health right now?

Before you consider Cardinal Health, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cardinal Health wasn't on the list.

While Cardinal Health currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Cardinal Health (CAH)
4.3221 of 5 stars
$106.00-0.5%1.89%41.73Moderate Buy$103.07
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Search Headlines: