Aetna CEO Mark Bertolini will lose his job if the deal to sell the company to CVS Health closes, but he'll leave the company with about $500 million in stock and cash to soften the blow. The bulk of that payout will come from shares of …
Earlier this month, CVS Health Corp. (NYSE: CVS) announced its $69 billion plan to acquire Aetna Inc. (NYSE: AET), the third-largest health insurer in the United States. If successful, it will be the largest deal of the year – and the largest …
CVS, which owns pharmacies as well as operates a pharmacy benefit manager, saw its stock drop sharply on Thursday when it emerged that Amazon has been approved for wholesale pharmacy licenses for at least 12 states. Then The …
As Walgreens and Albertsons dive deeper into retail operations, CVS Health …
Under the new plan, CVS will try to have Tylenol in stores in each market, but will not have it in every store, spokesman Michael DeAngelis said. The company is getting enough Tylenol to stock about half of its 7,400 U.S. stores, and it …
But it would also subject it to more antitrust scrutiny. The deal could also help counter pressure on CVS’ stock following speculation that Amazon.com Inc. is preparing to enter the drug prescription market, using its vast e-commerce …
CVS Health Corp (NYSE: CVS) stock jumped more than 2 percent on Thursday morning after the company topped fourth-quarter earnings expectations and announced it would be raising pay for its employees. CVS reported adjusted …
Moreover, despite lower guidance for Q2 with earnings expected to range between $1.28 and $1.31 per share, CVS stock guidance for the full year 2016 remains in the range of $5.73 to $5.88 per share. Now, while Q1's upbeat results are …
CVS agreed to pay $207 a share for Aetna, with $145 in cash and the rest, $62, in CVS stock. For consumers, the merger would be the latest example of how the sale of drugs and other healthcare services, including patient treatment and …