Woonsocket-based CVS Health Corp.'s earnings forecasts for 2016 and 2017 came in below analysts' estimates as more prescriptions will be filled outside of its drugstores, sending the shares plunging Tuesday. CVS expects to lose more …
Drugstore giant CVS Health (CVS) on Sunday agreed to buy health care benefit company Aetna (AET) in about $69 billion cash and stock deal. Including the assumption of Aetna's debt, the total value is $77 billion. The proposed merger is …
The CVS Corporation said yesterday that it would buy Arbor Drugs Inc. of Troy, Mich., for $1.48 billion in stock, positioning it to become the largest drugstore chain in the country. The proposed deal is the latest in a flurry of drugstore mergers …
CVS Health Corp. is moving closer to a deal to buy Aetna Inc. for more than $66 billion in cash and stock. The deal, which could be announced by Monday, would create a health-care behemoth selling everything from drugs to insurance. The …
(WPRI/AP) — Aetna’s stock has surged after a news report said CVS Health is in talks to buy the insurer in a deal that could be worth more than $66 billion. The Wall Street Journal reported on the deal talks Thursday. The newspaper cited …
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CVS Health Corp.'s CVS, +2.49% gained 2% in light premarket trade Wednesday, after the drugstore chain revised higher its 2016 adjusted earnings-per-share outlook to $5.73 to $5.88 from $5.68 to $5.88. The FactSet EPS consensus is …
While companies with “guaranteed” money coming in from the U.S. government, like insurers and hospitals, should be falling on the Trumpcare news, companies without it — like CVS Health Corp (NYSE:CVS) — should be looking pretty …
SAUL LOEB/AFP/Getty Images The board of directors of health insurer Aetna approved its sale to drugstore chain operator CVS on Sunday in a massive deal that will amount to about $207 per share in cash and stock. The deal, which is …
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will step away from management operations and join the board of CVS.Bertolini could receive $88.3 million in stock awards, severance and other compensation if he’s let go within two years of the transaction, according to Bloomberg …
The companies announced today that CVS Health Corp. will pay about $207 in cash and stock for each share of Aetna Inc., a 29 percent premium over Aetna’s stock price before the first report about a possible deal in October. The …