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Cardinal Health, Inc. (NYSE:CAH) The second-biggest U.S. drug distributor may rise toward $40 next year as management cuts costs and improves margins on drug sales, Barron’s reported, citing analysts. Cardinal Health fell 13 cents to $29.50.
CVS Caremark Corporation (NYSE:CVS) The drugstore chain’s debt rating was placed on a negative outlook by Standard & Poor’s, which said the pharmacy benefits manager lost more contracts than S&P expected and segment profits are likely to decline in 2010.
Freddie Mac (NYSE:FRE) The mortgage-finance company in government conservatorship posted a narrower third-quarter loss and said it has no immediate need for more U.S. Treasury aid.