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5 million before nonrecurring charges in the third quarter, compared with $71.
1 million, as the bulk of the nonrecurring charges some $49.
9 million nonrecurring charge covers the full cost of the settlement of Babbitt v.
The company expects to record nonrecurring charges for severance, facility shutdowns and related costs during the fiscal year that began July 1, 1998, amounting to approximately $7.
These actions are expected to yield an annual saving of 500 million SEK and will entail nonrecurring charges of about 400 million SEK in the fourth quarter.
Results included $900,000, or 2 cents per share, in nonrecurring charges, net of tax.
Net income for the quarter was $13 million including nonrecurring charges.
COLUMBUS, Ohio -- Earnings before special items and nonrecurring charges at Cardinal Health Inc.