Latest in Cvs’s Stock
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CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
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.Top stories - CBS News - October 18 -
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.Top stories - NBC News - October 18 -
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.Business - The New York Times - October 18 -
This 1 Challenge Will Test New CVS Health CEO David Joyner
The industry-wide rise in health coverage costs makes the company’s Aetna unit the new leader’s most difficult problem.Business - Inc. - October 21 -
Walmart will start delivering prescriptions to customers' doorsteps as CVS and Walgreens struggle
Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.Business - CNBC - October 22 -
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.Business - CNBC - October 18 -
CVS workers strike at 7 Southern California stores for better pay and health care
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the companyHealth - ABC News - October 19 -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - 3 days ago -
Berkshire Continues Retreat From Stocks
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.Business - The New York Times - 3 days ago -
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.Business - The New York Times - October 14 -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
These stock-market watchers love this sector — and it’s not technology
My report on stocks and funds popular among top-performing investment newslettersBusiness - MarketWatch - October 14 -
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.Business - MarketWatch - October 15 -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Biotech stock tumbles after unexplained 1,446% gain
Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.Business - MarketWatch - October 16 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Does the Stock Market Want Trump to Be President?
Election odds favor Trump over Harris, but investors actually care about the Fed and economic data more than the White House.Business - Inc. - October 17 -
The index fund cushion is an equal opportunity booster for stocks
S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.Business - CNBC - October 20 -
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.Business - The New York Times - October 21 -
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - October 24 -
Japan’s stock market is producing too many ‘punycorns’
The country urgently needs a vibrant business pipeline to replace the unicorn’s unambitious cousinWorld - Financial Times - October 23 -
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.Business - MarketWatch - October 24 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
Meet the salad hawkers that are valued like tech stocks
But rally for Sweetgreen and Cava may not stay fresh and valuations may prove too richBusiness - Financial Times - October 27 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - October 27 -
AMD’s stock is getting hurt by this ‘unpalatable’ reality
One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”Business - MarketWatch - 6 days ago -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 6 days ago -
Four reasons the bull market for stocks can continue
Also: Apple and more Big Tech earnings, bond ETFs and some easy Medicare savings.Business - MarketWatch - 3 days ago