Tag: $CVS

CVS Stock Drops. One of Its Insurance Partners Is Turning to Amazon.

CVS Health  stock fell Thursday on a report that a major health insurer will drop its pharmacy-benefit management service in favor of a system partially operated by Amazon.com.  

CVS Health Stock Rises on Earnings and Revenue Beat

CVS Health CVS –0.99% on Wednesday reported second-quarter earnings that beat analysts’ expectations.

CVS to cut about 5,000 corporate jobs: report

CVS Health Corp. will slash about 5,000 jobs in a cost-cutting move, the Wall Street Journal reported Monday night. According to the report, the layoffs are primarily in corporate positions, and the company doesn’t expect customer-facing positions in its stores, clinics and pharmacies to be affected.