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CVS Health Corp

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  • CAMP HILL, Pa.— Shares of Rite Aid soared Thursday after the nation's third-largest drugstore chain reported a 47 percent jump in fiscal third-quarter earnings and hiked its annual forecast after dropping it for two straight quarters. Rite Aid now expects fiscal 2015 earnings of between 31 cents and 37 cents per share on $26.25 billion to $26.4 billion in...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- The Dow and S&P 500 were holding onto small gains in volatile trading Tuesday afternoon, helped by a rebound in energy shares and investor bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. U.S. crude, which fell as much as 4.1 percent, was last...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied and investors bet the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. "Perhaps markets think the Fed will not be as on-schedule on taking out that language," said Quincy Krosby,...

  • NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied, and on bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. Adding to global concerns, data showed factory activity shrinking in China and euro zone business growth remaining weak. "Perhaps markets think the Fed will not be...

  • Apple just got reinforcements in mobile pay battle Tuesday, 16 Dec 2014 | 11:16 AM ET
    A worker demonstrates Apple Pay inside a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system on October 20, 2014 in San Francisco City.

    Dozens more companies—including big banks, retailers and start-ups—have begun to adopt Apple's mobile payments platform, The New York Times reports.

  • CVS Health hikes dividend, expects growth Tuesday, 16 Dec 2014 | 9:18 AM ET

    CVS Health will raise its quarterly shareholder payout by 27 percent, and the nation's second-largest drugstore chain also said Tuesday that it expects another year of earnings growth in 2015.. CVS Health drew national attention earlier this year when it announced a plan to stop selling tobacco products in its stores as it sharpens its focus on delivering...

  • Walgreen CEO Wasson will retire after Boots deal Wednesday, 10 Dec 2014 | 4:39 PM ET

    NEW YORK— Walgreen President and CEO Greg Wasson will retire after the drugstore chain completes its merger with Alliance Boots, which runs the largest drugstore chain in the United Kingdom. Wasson, who started his career at Walgreen, has overseen big changes to Walgreen Co.' s business since he became CEO in February 2009. Early in his tenure Walgreen acquired...

  • Bad flu season: A prescription for growth? Wednesday, 10 Dec 2014 | 8:16 AM ET
    A mam receives an influenza shot from a Nurse Practitioner in the MinuteClinic at the CVS/pharmacy.

    The health-care sector tends to outperform the overall market during flu season. Who else stands to gain?

  • WASHINGTON, Dec 9- The U.S. Supreme Court on Tuesday handed a victory to employers over worker compensation, ruling that companies do not have to pay employees for the time they spend undergoing security checks at the end of their shifts in a case involving an Amazon.com Inc warehousing contractor. The court decided by a 9-0 vote that employees of Integrity...

  • Court: No worker pay for security screening time Tuesday, 9 Dec 2014 | 12:08 PM ET
    An Amazon.com Inc. employee loads a box with merchandise at the company's fulfillment center ahead of Cyber Monday in Tracy, California.

    The Supreme Court ruled that companies do not need to compensate workers for the time they spend during end-of-shift security checks.

  • What does mobile pay need? A lot more discounts Monday, 8 Dec 2014 | 8:36 AM ET
    A Yankee Candle coupon displayed on an iPhone

    For a technology with huge goals—predicting $27 billion in sales by 2016—mobile payment systems are still stingy with deals and discounts.

  • Giving Tuesday tries to rival Black Friday Tuesday, 2 Dec 2014 | 11:40 AM ET
    GivingTower screen image

    Giving Tuesday is only on its third year, but it’s quickly become a sensation with non-profits, donors and charitable causes.

  • Are consumer staples headed for a correction? Tuesday, 18 Nov 2014 | 7:00 AM ET

    Consumer staples, a darling of Wall St., are expensive, with high valuations. We may be at a peak, so investors should be cautious.

  • Stocks: It's not just the Fed's smoke and mirrors Friday, 7 Nov 2014 | 10:13 AM ET
    Traders on the floor of the New York Stock Exchange.

    Amid near-historic low interest rates, surging markets and record earnings, investors are finding few cheap stocks just one month after bargains were abundant.

  • Sorry Apple Pay, small biz just not that into you Thursday, 6 Nov 2014 | 6:09 PM ET

    It's not just CVS and Rite Aid—small merchants say when it comes to mobile wallets, they're not on the bandwagon either.

  • CHICAGO, Nov 4- CVS Health Corp reported slightly higher-than-expected quarterly results on Tuesday, helped by growth in specialty pharmacy sales and new client additions in its pharmacy benefits business. Net income at CVS, which operates the No. 2 U.S. drugstore chain and a major pharmacy benefits management business, fell to $948 million, or 81 cents per share,...

  • Early Movers: BABA, DISH, CVS, TIME, JPM & more Tuesday, 4 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • CVS Health quarterly profit falls on pretax loss Tuesday, 4 Nov 2014 | 7:20 AM ET

    CVS Health on Tuesday posted a lower-than-expected quarterly profit hurt by a pre-tax loss on early retirement of debt.

  • Can Apple really win the mobile wallet war? Monday, 3 Nov 2014 | 10:10 AM ET
    The new Apple Pay mobile payment system on the iPhone 6

    A fierce battle among virtual wallet providers is heating up. Can Apple Pay for the iPhone 6 gain the strongest foothold over rivals?

  • HSBC to set aside $640M for forex probe Friday, 31 Oct 2014 | 10:46 AM ET

    HSBC is expected to set aside about $640 million to cover the cost of an investigation into suspected manipulation of FX markets. The FT reports.