Read more at CNBC.
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
Date: |
Topics
-
Top stories - NBC News
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.2 hours ago -
Business - The New York Times
CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.31 minutes ago -
Top stories - CBS News
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.1 hour ago -
World - The Guardian
Children of the Pines review – David Lynch-style teen-angst horror takes a big leap
The emphasis is on the psychological in Joshua Morgan’s ambitious debut feature of family dysfunction, but it just doesn’t come together. In the prologue to Joshua Morgan’s debut feature, a mother ...3 days ago -
Business - MarketWatch
CVS Health’s stock tumbles 12% after company lowers guidance and names new CEO
CVS Health Corp.’s stock tumbled 10.5% early Friday, after the healthcare company announced leadership changes and lowered guidance for the fourth time this year, weighed down by challenges in its ...3 hours ago -
Business - CNBC
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.7 hours ago - Apple -
Tech - ABC News
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off16 hours ago
More from CNBC
-
Business - CNBC
Netflix shares jump 10% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.10 minutes ago - Netflix -
Business - CNBC
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about face from its earlier public messaging about the larger company's prospects.12 hours ago -
Business - CNBC
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.24 minutes ago - China -
Business - CNBC
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.41 minutes ago -
Business - CNBC
Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision
Tesla faces a new U.S. probe concerning its "Full Self-Driving" systems, and whether they are safe to use in "reduced roadway visibility conditions."2 hours ago - Tesla