CVS Health stock climbed Friday after an analyst predicted strong earnings growth in 2025, driven partly by its Medicare ...
Billionaire investor Larry Robbins of hedge fund Glenview Capital Management has taken a large stake in healthcare company ...
The company has already initiated a $2 billion cost-cutting plan and laid off 3,000 employees, but it faces ongoing ...
Overall, the new announcement pushes CVS toward being a stock worth selling rather than buying. None of the newly announced changes will enable the company to transition into an actual strategy that ...
Pharmacy chain CVS Health announced it will be laying off nearly 3,000 employees. Most of the positions will come from ...
Glenview Capital Management — a hedge fund that has been subject of certain media reports that it was pushing CVS Health ...
The job cuts will not affect front-line jobs in CVS stores, pharmacies or distribution centers, a spokesperson said.
CVS, which is based in Rhode Island, has about 300,000 total employees, 9,000 retail locations and more than 1,000 walk-in ...
CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as ...
Profitability pressures are expected to continue, driven by CVS Health's Insurance business. Read more to see why CVS stock ...
CVS Health shares have been in the spotlight following reports that the healthcare services giant is considering separating ...
The market speculates that following the FTC notice, several investors are pushing CVS Health to go for segment breakups.