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The Latest Breaking News from CVS

CVS Health CEO Karen Lynch Steps Down, Shares Plummet

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

Top News

Two girls were murdered in Delphi, Indiana, in 2017. A local man has been convicted of killing them

Abby Williams and Libby German were found murdered in 2017 near Monon High Bridge in Delphi, Indiana. After years of uncertainty, local man Richard Allen has been found guilty. Andrea Cavallier and Rachel Sharp report

The Independent UK

The Hidden Power Of Spinoffs: Why They Continue To Outperform

CVS just announced it was considering a breakup. Why is that important? Spinoffs are one of the best-kept investment secrets, despite the fact that many investors typically disregard them and frequently outperform more general markets.

Barchart

Midday stock movers: Spirit Airlines drops; Rivian down; CVS up

Here are the stocks making the biggest market moves midday.

The Street

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The pharmacy benefit management sector just might be set for a VC-backed shakeup, says Rightway CEO and cofounder Jordan Feldman

In 2023, about 80% of all prescription drug claims in the U.S. were processed by only three companies. VC-backed Rightway CEO and cofounder Jordan Feldman says there’s an opportunity for disruption.

Fortune

Humana hit by troubling Medicare Advantage change

This is what could happen next to Humana shares.

The Street

Humana Stock Dives On Medicare Ratings; UnitedHealth Tries To Bounce

Humana is diving due to a star-ratings cut for Medicare Advantage plans that will slam 2026 results. UnitedHealth stock is trying to rise.

Investors Business Daily

Fortune's 2024 Most Powerful Women list has a new No. 1

GM chief Mary Barra tops the 2024 Most Powerful Women list.

Fortune

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

The cuts will affect about 1% of its workforce.

International Business Times

CVS considers harsh changes amid declining profits

The pharmacy chain has announced a major cost-cutting move, and more may be on the way.

The Street

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

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Kiplinger

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.

Investors Business Daily

CVS Health Business Model Is Under Attack — By CVS Board

CVS stock is still underwater and CVS Health's board is out of patience, nearly seven years after its Aetna acquisition to build a new model delivering health care out of its stores.

Barchart

What to Expect From UnitedHealth’s Next Quarterly Earnings Report

UnitedHealth will release its third-quarter earnings this month, and analysts anticipate a single-digit bottom-line growth.

Barchart

Stocks Recover Early Losses as US Soft-Landing Prospects Improve

The S&P 500 Index ($SPX ) (SPY ) Monday closed up by +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.26%. Stocks on Monday shook off early losses and settled higher. Monday’s...

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Fortune

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.

The Street

Midday stock movers: Nvidia, CVS Health, Carnival

Here are the stocks making the biggest market moves midday.

Barchart

Stocks Modestly Lower Ahead of Fed Chair Powell’s Comments

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.20%. Stocks today are mildly lower. Hawkish comments today from Fed Governor...

Barchart

Stocks Fall Back as Hawkish Fed Governor Pushes Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.12%. Stocks today are mildly lower. Hawkish comments today from Fed Governor...

International Business Times

Major CVS Shareholder To Push For Operational Improvements In Meeting With Top Execs: Reports

CVS shareholders reportedly plan to hold a meeting with management for an activist push

The Guardian - US

‘Can’t afford health insurance’: California CVS workers take strike vote

More than 7,000 workers to hold strike vote this week amid accusations of staff shortages and expensive healthcare

Kiplinger

Medicare Advantage Customers Face Shrinking Pool of Insurers

Medicare Advantage plan insurers are reducing their enrollments as profit margins shrink.

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