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CVS Health Corp

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  • LinkedIn and Yum Brands are big market movers Friday, 1 May 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. LinkedIn Corp., down $46.92 to $205.21. Daniel Loeb's Third Point hedge fund says it has taken a stake in the parent of KFC, Taco Bell and Pizza Hut and thinks it could soon recover from years of trouble in China.

  • May 1- CVS Health Corp reported higher-than-expected quarterly results on Friday, helped by increased revenue from its specialty pharmacy services and increased claim processing. CVS, the No. 2 U.S. drugstore operator, also raised the low end of its 2015 profit forecast to $5.08 a share from $5.05 before special items, while keeping the high end at 5.19.

  • May 1- CVS Health Corp, the No.2 U.S drugstore operator, reported a better-than-expected quarterly profit on Friday, helped by higher revenue from its specialty pharmacy services and an increase in pharmacy network claims. CVS also tightened its 2015 adjusted profit forecast to $5.08- $5.19 per share from $5.05- $5.19. The number of pharmacy network claims CVS...

  • Pricey specialty drugs are helping CVS Health thrive after kicking tobacco sales, with revenue from the treatments pushing first-quarter earnings well above Wall Street expectations for the drugstore chain and pharmacy benefits manager. Insurers and other bill payers are looking more for help from companies like CVS Health to corral that cost.

  • May 1- CVS Health Corp, the No.2 U.S drugstore operator, reported an 11 percent rise in quarterly net revenue, helped by higher revenue from specialty pharmacy services and an increase in pharmacy network claims. The company's net income rose to $1.22 billion, or $1.07 per share, in the first quarter ended March 31, from $1.13 billion, or 95 cents per share, a year...

  • Stocks entering May with low expectations Thursday, 30 Apr 2015 | 7:12 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.

  • Baltimore riot damage adds burden to small businesses Thursday, 30 Apr 2015 | 3:02 PM ET

    BALTIMORE— Richard Sung Kang's American dream came crashing down in a shower of broken glass. His West Baltimore liquor store and bar, the Oxford Tavern, was hit by looters during a riot over the police-involved death of neighborhood resident Freddie Gray. About 200 small businesses were unable to open the day after the violence, Maryland Gov.

  • April 30- Pharmacy service provider Omnicare Inc is getting buyout interest from potential buyers, including Express Scripts Holding Co and CVS Health Corp, Bloomberg reported, citing people with knowledge of the matter. Omnicare is working with Bank of America Corp and Centerview Partners to explore options including a sale, the report said.

  • Business events scheduled for Friday Thursday, 30 Apr 2015 | 1:31 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for April, 10 a.m.. WASHINGTON— Commerce Department releases construction spending for March, 10 a.m.. CVS Health Corp. reports quarterly financial results before the market opens.

  • Data shows improvement on the jobs front Thursday, 30 Apr 2015 | 10:16 AM ET
    A recruiter, left, shakes hands with a job seeker during a career fair at San Francisco State University in San Francisco, California.

    Very low jobless claims may be a sign that March's low employment report will be revised upward.

  • Final Glance: Drug Benefits companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    NEW YORK— Shares of some top drug benefits companies were down at the close of trading:. CVS Health Corp. fell $1.30 or 1.3 percent, to $100.67. Express Scripts Holding Co. fell $2.71 or 3.1 percent, to $84.79.

  • Final Glance: Drugstore companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    CVS Health Corp. fell $1.30 or 1.3 percent, to $100.67. Rite Aid fell$. 22 or 2.7 percent, to $7.91. Walgreen Boots Alliance Inc. fell $1.51 or 1.8 percent, to $84.57.

  • Midday Glance: Drug Benefits companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    NEW YORK— Shares of some top drug benefits companies are down at 1 p.m.:. CVS Health Corp. fell $1.37 or 1.3 percent, to $100.60. Express Scripts Holding Co. fell $2.75 or 3.1 percent, to $84.75.

  • Midday Glance: Drugstore companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    CVS Health Corp. fell $1.37 or 1.3 percent, to $100.60. Rite Aid fell$. 21 or 2.6 percent, to $7.92. Walgreen Boots Alliance Inc. fell $1.48 or 1.7 percent, to $84.60.

  • Dust off the weak economy trade: 5 buys Wednesday, 29 Apr 2015 | 12:23 PM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. GDP figures stalled last quarter, setting up a winning short-term trade in certain sectors and slices of the stock market.

  • Early Glance: Drugstore companies Wednesday, 29 Apr 2015 | 10:45 AM ET

    CVS Health Corp. fell$. 12 or. 1 percent, to $101.85. Rite Aid fell$. 08 or 1.0 percent, to $8.05. Walgreen Boots Alliance Inc. fell$. 54 or. 6 percent, to $85.54.

  • Early Glance: Drug Benefits companies Wednesday, 29 Apr 2015 | 10:45 AM ET

    NEW YORK— Shares of some top drug benefits companies are down at 10 a.m.:. CVS Health Corp. fell$. 12 or. 1 percent, to $101.85. Express Scripts Holding Co. fell$. 71 or. 8 percent, to $86.79.

  • Final Glance: Drug Benefits companies Tuesday, 28 Apr 2015 | 6:04 PM ET

    NEW YORK— Shares of some top drug benefits companies were up at the close of trading:. CVS Health Corp. rose$. 75 or. 7 percent, to $101.97. Express Scripts Holding Co. rose$. 66 or. 8 percent, to $87.50.

  • Final Glance: Drugstore companies Tuesday, 28 Apr 2015 | 6:04 PM ET

    CVS Health Corp. rose$. 75 or. 7 percent, to $101.97. Rite Aid rose$. 04 or. 5 percent, to $8.13. Walgreen Boots Alliance Inc. fell$. 04 or percent, to $86.08.

  • Baltimore smolders after Freddie Gray funeral riot Tuesday, 28 Apr 2015 | 2:41 PM ET
    People clean up a CVS store that was looted and set on fire during clashes with police on Monday in Baltimore, Maryland April 28, 2015.

    Baltimore begins cleaning up from rioting that erupted after the funeral of a 25-year-old black man who died after suffering a spinal injury in police custody.