CareFusion on Google Finance: A Look Back

CareFusion, once a prominent player in the medical technology industry, is no longer a publicly traded company, and therefore, no longer listed on Google Finance. However, its history and impact warrant a look back, particularly how its stock performance and financial data were previously tracked on platforms like Google Finance.

A Brief Overview of CareFusion

CareFusion was a global corporation specializing in medical devices and equipment designed to improve the safety and efficiency of healthcare. Their portfolio included products for medication management, infection prevention, ventilation, and respiratory care. The company aimed to reduce medication errors, prevent hospital-acquired infections, and improve patient outcomes.

CareFusion on the Stock Market (Before Acquisition)

Prior to its acquisition, CareFusion traded on the New York Stock Exchange (NYSE) under the ticker symbol CFN. Google Finance provided investors with readily accessible information about the company's stock performance, including:

• Stock Price: Real-time or near real-time updates on the share price, allowing investors to track intraday fluctuations.
• Historical Data: Charts and tables displaying historical stock prices, trading volumes, and key dates like stock splits or dividend payouts. This data was crucial for technical analysis and identifying trends.
• Financial Statements: Access to CareFusion's quarterly and annual financial reports, including income statements, balance sheets, and cash flow statements. This enabled investors to assess the company's financial health and performance.
• Key Ratios and Metrics: Presentation of important financial ratios like price-to-earnings (P/E ratio), earnings per share (EPS), and debt-to-equity ratio. These metrics provided insights into the company's valuation and profitability.
• News and Analysis: Aggregation of news articles, press releases, and analyst ratings related to CareFusion. This helped investors stay informed about company-specific developments and broader industry trends.

The Acquisition by Becton Dickinson

In 2015, Becton Dickinson (BD) acquired CareFusion in a cash and stock deal valued at approximately $12.2 billion. This acquisition significantly expanded BD's portfolio and solidified its position as a leading global medical technology company.

Impact on Google Finance Data

Following the acquisition, CareFusion's stock ceased trading on the NYSE and was delisted. Consequently, its ticker symbol (CFN) disappeared from Google Finance. While historical data remained available for a period of time, it is no longer actively updated. Investors interested in understanding CareFusion's legacy must now focus on analyzing BD's performance and integration of CareFusion's assets.

Why CareFusion's Story Matters

Even though CareFusion is no longer an independent entity, its story provides valuable lessons for investors and industry observers. The company's success in developing innovative medical technologies made it an attractive acquisition target. Its presence on platforms like Google Finance allowed investors to track its growth and contribute to its market valuation. The acquisition by BD highlights the ongoing consolidation within the healthcare industry and the importance of scale in achieving competitive advantage.