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CVS News

News on CVS continually updated from thousands of sources around the net.

1 hr ago | Providence Business News

New trouble for CVS as FTC starts probe

" CVS Caremark Corp. disclosed late Thursday that it is under investigation by the Federal Trade Commission, capping a day of bad news for the pharmacy giant that saw its market value cut by about $10 billion.

Comment?

Related Topix: Retail, Biotech, Medicine, Pharmaceuticals, Caremark Rx, Healthcare Industry

Wed Nov 11, 2009

SchaeffersResearch.com Daily Market Blog

Pessimism Dominates McDonald's Corp. (MCD) Sentiment Backdrop

Closely watched same-store sales rose 6.4% in Europe, helped by Britain, France and Germany.

Comment?

Related Topix: Restaurant Management, Mcdonalds, Retail, Day Trading, Financial Markets, Personal Finance

Tue Nov 10, 2009

ABC News

CVS Settles With NY Over Expired Products

New York officials say they've reached an $875,000 settlement with CVS Pharmacy Inc.

Comment?

Related Topix: Retail

SchaeffersResearch.com Daily Market Blog

American Express (AXP) Sees Heavy Call Trading

This volume was more than double the equity's average daily trading volume of 26,590 contracts, according to data from WhatsTrading.com. The Schaeffer's put/call open interest ratio for AXP stands at 1.02, which is lower than 98% of all those taken during the past 12 months.

Comment?

Related Topix: American Express, Financial Services, Retail, Day Trading, Financial Markets, Personal Finance

Mon Nov 09, 2009

Orlando Business Journal

Construction to start on CVS in Poinciana

A Clearwater firm plans to start construction later this month on a new 12,900-square-foot CVS Caremark in Poinciana.

Comment?

Related Topix: Retail, Poinciana, FL

Barron's

Not Impressed By CVS

CVS' recent troubles serve to remind us why growth companies should think twice before merging.

Comment?

Related Topix: Retail, Time Warner, Computers, Media

Sun Nov 08, 2009

Boston Globe

CVS plunges on news of lost contracts

CVS Caremark Corp. shares plunged after it disclosed $3.7 billion in contract losses and a probe by antitrust regulators.

Comment?

Related Topix: Retail

SmartMoney.com

Stock Picks: CBS Up, CVS Down

CBS Up Investors tuned in to CBS and broadcast positive signals Thursday before the media conglomerate announced quarterly earnings results, scheduled for after the market close.

Comment?

Related Topix: Retail

Sat Nov 07, 2009

Ticker

CVS, Whole Foods Drop; Cisco Rises

Children's Place Retail increased after it reported monthly sales increase. Cisco System gained 2.6% on positive outlook.

Comment?

Related Topix: Retail, Telecom, Whole Foods Market, Computers, Grocery, Cisco Systems, 9, Financial Markets, JC Penney

Reuters

CVS Caremark must change pitch to save merger

When Tom Ryan orchestrated the $27 billion marriage of CVS and Caremark in 2007, he may not have imagined his sharpest critics would come back to haunt him more than two years later.

Comment?

Related Topix: Biotech, Retail, Medicine, Pharmaceuticals, Caremark Rx, Healthcare Industry

American Chronicle

News and FDA Updates for CVS

A complete list of all headlines and biomedical stock developments can be found on BioMedReports.Com On 11/05/09, CVS Caremark Corporation announced its Board of Directors has approved a new share repurchase program for up to $2.0 billion of its outstanding common stock.

Comment?

Related Topix: Healthcare Law, Law, Food and Drug Administration, Retail, Biotech, Medicine, Maxygen, Healthcare Industry, Science / Technology, Opinion

Fri Nov 06, 2009

The Retail Stock Blog

CVS Caremark Tumbles on Lost Business

Pharmacy operator CVS Caremark shares stumbled down more than 20% on Thursday morning after they reported earnings.

Comment?

Related Topix: Retail

The Boston Globe

FTC reviewing CVS Caremark practices

The Federal Trade Commission is investigating some of CVS Caremark Corp.'s business practices, the company said yesterday.

Comment?

Related Topix: Retail, Biotech, Medicine, Pharmaceuticals, Caremark Rx, Healthcare Industry, Woonsocket, RI

Ticker

CVS Caremark, Cigna Corp Net Rises

Net loss in the quarter was $9.1 million or 20 cents per diluted share compared to net income of $36.5 million or $1.02 per share a year ago.

Comment?

Related Topix: Cigna, Insurance, Retail, ATP Oil and Gas, Energy, Oil & Gas

Thu Nov 05, 2009

Providence Business News

CVS Caremark posts record profit of $1B

" CVS Caremark Corp. on Thursday said its third-quarter earnings topped $1 billion, setting a new record for the company, as pharmacy sales continued to grow.

Comment?

Related Topix: Retail

Drug Store News

CVS Caremark names new CFO

WOONSOCKET,A R.I. CVS Caremark announced the appointment of David M. Denton to the new role of EVP and CFO, effective Jan.

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Related Topix: Retail

ABC News - Brian Ross

CVS Caremark 3Q Profit Jumps 39 Percent

In this Nov. 3, 2009 photo, a CVS pharmacy sign is seen opposite the interior of one of the CVS... In this Nov.

Comment?

Related Topix: Retail, Providence, RI, Woonsocket, RI

Wed Nov 04, 2009

Drug Store News

Former ActiveHealth executive shifts to CVS Caremark's PBM unit

WOONSOCKET,A R.I. CVS Caremark announced the appointment of Len Greer to the position of SVP marketing for its pharmacy benefit management business.

Comment?

Related Topix: Retail

Mon Nov 02, 2009

Retailing Today

CVS/pharmacy relaunches CVSPhoto.com

WOONSOCKET ,A R.I. One of the nation's largest retail pharmacy chains has relaunched its photo Web site, including such new features as faster upload speeds, improved site navigation and improved product creation tools.

Comment?

Related Topix: Retail

Sun Nov 01, 2009

Minneapolis/St. Paul Business Journal

Allina partners with MinuteClinic

Allina Hospitals & Clinics is throwing its hat into the retail-medicine ring through a partnership with MinuteClinic Inc.

Comment?

Related Topix: Medicine, Hospital Administration, Healthcare Industry, Minneapolis, MN, Retail

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