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The Latest Breaking News from CVS

Mold colonies and liquid-flooded air purifiers: CVS sourced medication from tainted factories—and it has twice the amount of recalls on store-brand drugs than competitors

In the past decade, CVS hired at least 15 drug makers with previous manufacturing issues, according to a Bloomberg investigation.

Fortune

Essential retail chain files for Chapter 11 bankruptcy

Illinois-based pharmacy chain has filed for Chapter 11 bankruptcy seeking a debt-for-equity exchange with its prepetition lenders.

The Street

Store closures are rocking the US market. Here’s the restaurants and retailers shutting their doors

Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy

The Independent UK

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Rural pharmacies fill a health care gap in the US. Owners say it's getting harder to stay open

Rural pharmacies can be a touchstone for their communities

The Independent UK

Need a pharmacy? These states and neighborhoods have less access

Urban and rural communities have come to depend on pharmacies as a trusted care option and a place for advice

The Independent UK

The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance middlemen

“If even big chains cannot survive—and even CVS and Walgreens are hurting—what do you expect for the small pharmacies?”

Fortune

The great American pharmacy meltdown

Seattle's beloved Bartell’s, now owned by debt-laden Rite Aid, is closing many of its locations. It's the latest symptom of a national health care crisis that hurts all of us.

Fortune

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Bankrupt essential retailer liquidates several more stores

The Philadelphia-based retail chain continues closing store locations across the nation in its Chapter 11 bankruptcy case.

The Street

Analyst unveils Amgen stock price target after weight-loss drug data

Here's what could happen next to Amgen shares.

The Street

Another drugstore chain files for Chapter 11 bankruptcy

A small drugstore chain files Chapter 11 bankruptcy facing tough competition from major retail chains with pharmacies.

The Street

Analysts revise CVS stock targets after Aetna Medicare Advantage earnings plunge

Here's what could happen next to CVS shares.

The Street

Markets are Mixed After FOMC

The S&P 500 Index ($SPX ) (SPY ) is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. The market is mixed the FOMC was released this afternoon. Chairman Jerome Powell announce no...

Barchart

Stocks Fluctuate After FOMC Decision

The S&P 500 Index ($SPX ) (SPY ) is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. The FOMC was released this afternoon . Chairman Jerome Powell announced no change in the...

Barchart

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.

Kiplinger

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Barchart

Broader Market Mostly Lower Ahead of an Expected Hawkish FOMC

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.40%. US stock indexes this morning are mixed. The broader market is under pressure...

The Street

CVS stock crashes after Aetna Medicare Advantage hit

CVS echoed rivals in forecasting persistent increases in post-covid medical care.

Investors Business Daily

CVS Health Dives To 3-Year Low On Medicare Cost Surge

CVS Health earnings tumbled more than expected on a surge in Medicare costs due to higher utilization. CVS stock dived, weighing on UNH and HUM.

Barchart

Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. PMI and Jobs Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.73% this morning as mixed earnings and the prospect of higher-for-longer U.S. interest rates weighed on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.

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Barchart

Stock Index Futures Slip as Fed Rate Decision Looms, U.S. Jobs Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.

Barchart

Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. Jobs Data on Tap

Investors Business Daily

The Bad News Heading Into AbbVie's First-Quarter Earnings Report

AbbVie stock has slumped 9% off its record high in March and is facing increasingly steep competition for its biggest moneymaker, Humira.

The Street

Bankrupt nationwide retailer closes several more stores

The Philadelphia-based national retail chain will close more stores in bankruptcy.

The Street

Bankrupt essential retailer closing more stores across nation

The huge retailer continues closing its stores in bankruptcy.

The Guardian - UK

Vet group CVS warns over risk to personal information in cyber-attack

Chain says it has experienced operational disruption after hackers gained access to its IT systems

Evening Standard

FTSE 100 Live 8 April: Index closes up 0.4%, near record high again after strong afternoon, Tesla surges in US

The FTSE 100 is trading slightly higher in a session featuring trading updates by BP and Imperial Brands.

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