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The Latest Breaking News from CVS Health

CVS Health CEO Karen Lynch Steps Down, Shares Plummet

CVS Health CEO resigns, David Joyner takes over amidst financial challenges and industry shifts.

CVS Health CEO Lynch steps down, Joyner named to the post

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner as the health care giant continues to struggle with rising costs

The Independent UK · Oct 18, 2024

CVS Health To Eliminate Almost 3,000 Jobs To Cut Costs

The cuts will affect about 1% of its workforce.

International Business Times · Oct 2, 2024

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Stock Market Today: Stocks Drop, Oil Spikes After Iran Attacks Israel

A massive port strike and dismal economic data also weighed on the main indexes Tuesday.

Kiplinger · Oct 1, 2024

Is CVS Health About to Break Up? Here's What We Know

CVS Health stock is lower Tuesday on reports the healthcare company is conducting a strategic review of its operations, which includes a potential breakup.

Kiplinger · Oct 1, 2024

Stock Index Futures Mixed Ahead of U.S. JOLTs Report and Fed Speak, Nike Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are down -0.13%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.06% this morning as investors awaited the latest reading on U.S. job openings, comments from Federal Reserve officials, and an earnings report from the world’s largest shoemaker Nike.

Barchart · Oct 1, 2024

CVS Health shares rise as hedge fund pushes for change

CVS stock rose 2% on Monday, but the healthcare giant has shed over $26 billion in market cap this year.

Fortune · Sep 30, 2024

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3 Healthcare Stocks Benefiting From Aging Populations

The healthcare industry is thriving, owing to the growing healthcare expenditure and aging population. Given the industry’s tailwinds, fundamentally sound healthcare stocks AbbVie (ABBV), Boston Scientific (BSX), and CVS Health (CVS) could be solid buys. Keep Reading….

StockNews.com · Sep 11, 2024

Aetna expands access to fertility services, becoming first major insurer to cover IUI

The move was "yet another demonstration of Aetna’s commitment to women’s health across all communities," said the insurer.

Fortune · Aug 27, 2024

How the internet’s charm can disrupt our kids’ perceptions

As teens immerse themselves online more and more, it can create a desire to compare their own lives, leading to feelings of inadequacy or discontent.

Fortune · Aug 19, 2024

Advertisers axe corporate responsibility scheme after lawsuit from Musk’s X

Decision from WFA follows X suit accusing advertisers of conspiring to withhold ‘billions of dollars in revenue’

The Guardian - US · Aug 8, 2024

CVS Health Slashes 2024 Forecast, Changes Insurance Leadership

The company's latest forecast reflects significant setbacks in its insurance business, which has been adversely affected by increased claims and declining quality ratings for Medicare Advantage coverage.

International Business Times · Aug 7, 2024

CVS Health Stock Drops After Cutting Profit Forecast Again

CVS Health said pressure in its benefits segment prompted another cut to its full-year forecast. Here's what you need to know.

Kiplinger · Aug 7, 2024

Afternoon Update: Harris’s VP pick challenges JD Vance; Sydney teacher accused of sex offences; and Australia’s guaranteed medals

Minnesota governor told a packed rally in Pennsylvania, that he ‘can’t wait to debate the guy … if he’s willing to get off the couch and show up’

The Guardian - AU · Aug 7, 2024

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Al Jazeera · Aug 6, 2024

Musk declares ‘war’ on advertisers as X sues ad alliance, companies

In its lawsuit, X said an advertisers alliance conspired to withhold ‘billions of dollars’ in ad revenue from it.

The Independent UK · Aug 4, 2024

Drugstores tinker with new looks as their usual way of doing business faces challenges

America’s drugstores are testing smaller locations and more ways to offer care as more store closings loom

Barchart · Aug 2, 2024

Do Wall Street Analysts Like CVS Health Stock?

CVS Health has underperformed the broader market over the past year, but Wall Street analysts still maintain a moderately optimistic view of the stock's prospects.

Barchart · Jul 26, 2024

What to Expect From CVS Health's Q2 2024 Earnings Report

CVS Health is all set to announce its second-quarter results next month, and analysts are projecting a double-digit decline in the company’s bottom-line figure.

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Fortune · Jun 19, 2024

CVS Health CTO tries to smooth over complexity to propel his company's big bet on healthcare

CTO Tilak Mandadi is juggling a complex business with many different units.

Kiplinger · May 1, 2024

CVS Stock Plunges as Medicare Advantage Costs Spike

CVS Health came up short of Q1 earnings estimates and slashed its full-year outlook as medical costs surged. Here's what you need to know.

CVS Health Reports Strong Q4 Results, Projects Growth In 2024

CVS Health's Q4 results show growth potential despite stock volatility. Valuation suggests room for growth. Consider performance relative to peers for inve...

International Business Times · Feb 26, 2024

30 Most Powerful Women In Business: The Titans Of Industry

Here are the women, who are forging paths and breaking barriers across industries, showcasing exceptional leadership and innovation.

International Business Times · Feb 7, 2024

Is CVS Health's Revenue Success Overshadowed By Rising Healthcare Costs?

CVS Health reports strong revenue but slashes full-year profit outlook due to surging medical costs.

StockNews.com · Feb 6, 2024

CVS Health (CVS) Pre-Earnings Analysis: Buy or Hold?

The largest U.S. drugstore chain, CVS Health (CVS), will release its fourth-quarter results on February 7. The company is expected to report year-over-year growth in revenue and earnings. With the expected rise in medical costs during the fourth quarter, should investors consider buying the stock now? Read on to learn…

Kiplinger · Jan 23, 2024

CVS Pharmacy Revamps Loyalty Program

CVS loyalty program members will now have two tiers of 'ExtraCare' benefits to choose from.

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