79.57 -0.02 (-0.03%)
After hours: 7:48PM EDT
|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||78.58 - 79.93|
|52 Week Range||60.14 - 83.88|
|PE Ratio (TTM)||27.10|
|Earnings Date||Nov 6, 2018|
|Forward Dividend & Yield||2.00 (2.60%)|
|1y Target Est||87.35|
Sep.20 -- Larry Merlo, CVS Health Corp. chief executive officer, discusses the state of the health-care industry with Bloomberg's David Westin on "Bloomberg Markets: Balance of Power."
Amazon hit a $1 trillion market cap on Sept. 4, becoming the second U.S. company to achieve this milestone, behind Apple. It's currently valued at more than these 21 other major retailers combined, despite generating significantly less sales.
Federal officials finally approved the merger of Cigna (NYSE:CI), one of the nation’s biggest health insurers, and pharmacy benefit manager Express Scripts Holding Co. (NASDAQ:ESRX) Cigna stock has been a strong performer in recent years, and this merger will make CI stock even more formidable. One of the motivating factors behind this $52 billion deal was the desire to keep pace with Aetna (NYSE:AET), Cigna’s chief rival in the health insurance market. Aetna is planning to join forces with CVS Health (NYSE:CVS), the drugstore chain that competes with Express Scripts in most of the largest regional markets.
CVS Health CEO Larry Merlo outlined his vision for a combined company with health insurer Aetna. CVS Health CVS 's $69 billion merger with health insurer Aetna AET will create a new data-driven health-care model that's more personal, convenient and tailored to individual patients than ever before, CVS CEO Larry Merlo said Thursday. The health-care industry is ripe for change, with consumers frustrated with rising costs and new entrants eyeing an opportunity to upend established practices.
Larry Merlo, CVS Health Corp. chief executive officer, discusses the state of the health-care industry with Bloomberg's David Westin on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)...
Amazon is considering opening 3,000 of its cashierless stores by 2021, Bloomberg reports. The e-commerce giant currently has three locations — known as Amazon Go — open in Seattle, where Amazon is headquartered, and on Monday opened a location in Chicago. Shares of retailers including CVS, Walgreens, Walmart, Target and Kroger moved sharply lower Wednesday afternoon following the news.
The decision bodes well for the pending U.S. antitrust review of CVS Health Corp's (CVS.N) proposed $69 billion acquisition of health insurer Aetna Inc (AET.N). The new company will marry Cigna's business of managing health plans for corporations and the government with Express Scripts' (ESRX.O) role handling pharmacy benefits for those same customers.
The U.S. Justice Department's antitrust review of CVS Health Corp's planned purchase of Aetna Inc may conclude soon, a source familiar with the review said on Monday. That said, arranging divestitures ...
Wall Street analysts estimate that DaVita (DVA) will report a 25.3% decline in revenues to $11.6 billion in 2018 compared to $15.5 billion in 2017. Its adjusted EPS is estimated at $4 in 2018 compared to $3.32 in 2017. Analysts estimate that its net adjusted income will increase to $693.4 million in 2018 compared to $634.9 million in 2017.
"Today's health care system has become increasingly fragmented and too complex for people to navigate and afford. During his remarks, Merlo will highlight how the combination of CVS Health and Aetna, one of the nation's leading diversified health care benefits companies, will combine data-driven insights, new digital technologies, and the convenience of local community-based care to establish a new health care delivery model that is easier to use, less expensive and puts consumers at the center of their care.
A robust 2019 PBM selling season is a tailwind for CVS Health (CVS). Additionally, the company's milestone acquisition of Aetna might alter the whole healthcare landscape in the United States.
The Zacks Analyst Blog Highlights: JPMorgan, Mastercard, AbbVie, CVS Health and Estee Lauder
In a competitive market for skilled workers, it's vital for employers to offer good health benefits. We asked a panel of leaders in the local health care and benefits industries what you should know.
WOONSOCKET, R.I., Sept. 12, 2018 /PRNewswire/ -- As the nation's first and only national pharmacy chain to have eliminated the sale of cigarettes and other harmful tobacco products from its retail stores – and having never sold e-cigarettes and vaping devices – CVS Health (CVS) today applauded the enforcement actions taken by the U.S. Food and Drug Administration (FDA) to curtail the sale and marketing of e-cigarettes to the nation's youth. "We applaud the historic enforcement actions announced today by FDA Commissioner Dr. Scott Gottlieb, and believe they represent the most important step the agency has taken to date to curtail youth use of e-cigarettes and flavored nicotine products," said Troyen Brennan, M.D., M.P.H. and Chief Medical Officer for CVS Health.
Aetna (NYSE:AET) stock has soared of late, for two key reasons. First, a takeout of Aetna stock by CVS (NYSE:CVS) appears increasingly likely to pass regulatory muster. Secondly, CVS stock, a component of the consideration paid for AET stock, has gained, increasing the value of the offer.
Florence is expected to hit North Carolina or South Carolina Thursday and Friday. CVS Health is texting and emailing patients to remind them to refill prescriptions before Hurricane Florence hits. Health insurer Aetna is allowing members to refill their prescriptions early, if needed.
WOONSOCKET, R.I., Sept. 11, 2018 /PRNewswire/ -- CVS Health (CVS) will issue a number of advisories to help customers and patients prepare as Hurricane Florence approaches the East Coast. "The health and safety of our customers, patients and colleagues are most important to us," said Kevin Hourican, EVP, CVS Health and President, CVS Pharmacy. As the nation's largest pharmacy innovation company, CVS Health is reaching out to its pharmacy patients via text message and email where possible to remind them to refill prescriptions in advance of the Hurricane Florence. In addition, through CVS Caremark, CVS Health's pharmacy benefit manager, the company has activated a process that allows it to provide one-time emergency refills of a 10-day supply of medication for plan members in impacted areas.
I am going to run you through how I calculated the intrinsic value of CVS Health Corporation (NYSE:CVS) by projecting its future cash flows and then discounting them to today’sRead More...
Five Below's earnings and sales growth is impressive, but earnings per share comparison to its direct competitors make it expensive.
The report comes on the heels of the Tampa managed health care provider wrapping up the largest deal in its history.