cvs

CVS Reported Third Quarter Earnings

CVS Reported Third Quarter Earnings

CVS Health Corp. (NYSE: CVS) reported on Tuesday higher revenue in the third quarter, as the retail pharmacy chain grew its network and got a boost from an increase in same-store prescription volumes. The Company also said it anticipates its acquisi..

Major Drug Retailers Lose Over USD 12.8 Billion in Value

Major Drug Retailers Lose Over USD 12.8 Billion in Value

Shares of CVS (NYSE: CVS), Walgreens (NYSE: WBA) and Rite-Aid (NYSE: RAD) lost USD 12.8 Billion in value after Amazon.com, Inc. (NASDAQ: AMZN) announced that it had signed an agreement to buy the online pharmacy, PillPack, on Thursday.PillPack organ..

CVS-Aetna Merger and Healthcare Clinics' Future

CVS-Aetna Merger and Healthcare Clinics' Future

While investors were pitched the multiple benefits of the $69 billion CVS Health Corp (NYSE: CVS) - Aetna Inc (NYSE: AET) merger, the former pitched to its shareholders and the general public that this merger could transform the drugstores owned by ..

CVS Health will Acquire Aetna for Approximately $69 Billion

CVS Health will Acquire Aetna for Approximately $69 Billion

CVS Health Corp (NYSE: CVS) is all set to buy Aetna Inc (NYSE: AET) for approximately $69 billion in stock and cash in a unique deal that is designed to eliminate challenges in healthcare and retail. The news was made public by the two companie..

CVS Beats Q3 Estimates but Shares Slip

CVS Beats Q3 Estimates but Shares Slip

CVS Health Corp. (NYSE:CVS) reported its third quarter earnings and beat analysts’ estimates, but shares fell by over 3 percent early shortly after open on Monday.For the third quarter, CVS reported revenue of $46.18 billion, increasing 3.5 pe..

Anthem Teams Up with CVS Health

Anthem Teams Up with CVS Health

Anthem Inc (NYSE: ANTM) announced that they will partner with CVS Health Corp (NYSE: CVS) in launching their own pharmacy benefit management company called IngenioRX that will take place in January of 2020. The company’s contract with Express ..