Category: CVS
-
CVS Health tops profit estimates as new CEO pursues turnaround; shares surge
•
Written by Amina Nias and Sirbarna Roy (Reuters) – CVS Health defeated Wall Street’s estimates for profits in the fourth quarter on Wednesday and made annual expectations that meet expectations to a large extent, which hints to improve performance in the first quarter of it under the new CEO David…
-
CVS Health Corporation (CVS) Stock Forecasts
•
summary Nasdaq, we have a problem. Stocks started the year off with some tough slide — and the action following a non-farm payrolls report that surprised expectations (suggesting that more near-term Fed stimulus may be a fading dream) was particularly shocking. Now, insiders have weighed in. Vickers Stock Research’s one-week…
-
Inside CVS and Walgreens’ downturn: How misguided M&A damaged America’s drugstores
•
Last week, CVS Health CEO Karen Lynch was ousted from the role that had made her the most powerful woman in American business for years, at the top of a company with 2023 revenues of $358 billion. The company’s poor financial performance last quarter and weak earnings outlook proved to…
-
Inside CVS and Walgreens’ downturn: How misguided M&A damaged America’s drugstores
•
Last week, CVS Health CEO Karen Lynch was ousted from the role that had made her the most powerful woman in American business for years, at the top of a company with 2023 revenues of $358 billion. The company’s poor financial performance last quarter and weak earnings outlook proved to…
-
Why Karen Lynch lost the CEO job at CVS
•
As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
-
Why Karen Lynch lost the CEO job at CVS
•
As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
-
CVS to replace CEO Karen Lynch with long-time exec David Joyner
•
CVS Health (CVS) on Friday named company veteran David Joyner as its new CEO, succeeding Karen Lynch, who resigned as head of the struggling healthcare giant after an agreement with the board. The company’s shares fell 11% to $57 in pre-market trading. Joyner, who is CVS Caremark’s chief pharmacy benefits…
-
CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
•
Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…
-
CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
•
Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…