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CVS Health Corp

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  • LOS ANGELES, Feb 19- As U.S. drugmakers face growing resistance to the high price of cutting-edge treatments, a handful of companies are working on a new payment model that rewards them for the long-term performance of their medicines. They include BioMarin Pharmaceutical Inc in San Rafael, California, and Sangamo BioSciences Inc in Richmond, California.

  • Feb 18- Samsung Electronics Co Ltd has bought U.S. mobile wallet startup LoopPay, signalling its intention to launch a smartphone payments service to compete with a recent offering from rival Apple Inc.. Apple, Google, and eBay Inc's PayPal have all launched services to allow users to pay in stores via smartphones. He would not be drawn on speculation the company...

  • Final Glance: Drugstore companies Wednesday, 18 Feb 2015 | 6:30 PM ET

    CVS Health Corp. rose$. 55 or. 5 percent, to $104.10. Rite Aid fell$. 01 or. 1 percent, to $8.19. Walgreen Boots Alliance Inc. fell$. 21 or. 3 percent, to $77.79.

  • Final Glance: Drug Benefits companies Wednesday, 18 Feb 2015 | 6:30 PM ET

    NEW YORK— Shares of some top drug benefits companies were mixed at the close of trading:. CVS Health Corp. rose$. 55 or. 5 percent, to $104.10. Express Scripts Holding Co. fell$. 02 or percent, to $85.17.

  • Midday Glance: Drugstore companies Wednesday, 18 Feb 2015 | 1:18 PM ET

    CVS Health Corp. fell$. 02 or percent, to $103.53. Rite Aid fell$. 01 or. 2 percent, to $8.19. Walgreen Boots Alliance Inc. fell$. 50 or. 6 percent, to $77.50.

  • Midday Glance: Drug Benefits companies Wednesday, 18 Feb 2015 | 1:18 PM ET

    NEW YORK— Shares of some top drug benefits companies are down at 1 p.m.:. CVS Health Corp. fell$. 02 or percent, to $103.53. Express Scripts Holding Co. fell$. 24 or. 3 percent, to $84.95.

  • Early Glance: Drug Benefits companies Wednesday, 18 Feb 2015 | 10:54 AM ET

    NEW YORK— Shares of some top drug benefits companies are down at 10 a.m.:. CVS Health Corp. fell$. 05 or percent, to $103.50. Express Scripts Holding Co. fell$. 32 or. 4 percent, to $84.88.

  • Early Glance: Drugstore companies Wednesday, 18 Feb 2015 | 10:54 AM ET

    CVS Health Corp. fell$. 05 or percent, to $103.50. Rite Aid fell$. 03 or. 4 percent, to $8.17. Walgreen Boots Alliance Inc. fell$. 19 or. 2 percent, to $77.81.

  • Final Glance: Drug Benefits companies Tuesday, 17 Feb 2015 | 6:09 PM ET

    NEW YORK— Shares of some top drug benefits companies were up at the close of trading:. CVS Health Corp. rose$. 92 or. 9 percent, to $103.55. Express Scripts Holding Co. rose$. 29 or. 3 percent, to $85.19.

  • Final Glance: Drugstore companies Tuesday, 17 Feb 2015 | 6:09 PM ET

    CVS Health Corp. rose$. 92 or. 9 percent, to $103.55. Rite Aid fell$. 14 or 1.7 percent, to $8.20. Walgreen Boots Alliance Inc. fell$. 73 or. 9 percent, to $78.00.

  • Midday Glance: Drugstore companies Tuesday, 17 Feb 2015 | 1:32 PM ET

    CVS Health Corp. fell$. 03 or percent, to $102.60. Rite Aid fell$. 11 or 1.3 percent, to $8.23. Walgreen Boots Alliance Inc. fell$. 48 or. 6 percent, to $78.25.

  • Midday Glance: Drug Benefits companies Tuesday, 17 Feb 2015 | 1:32 PM ET

    NEW YORK— Shares of some top drug benefits companies are mixed at 1 p.m.:. CVS Health Corp. fell$. 03 or percent, to $102.60. Express Scripts Holding Co. rose$. 18 or. 2 percent, to $85.08.

  • Feb 17- CVS Health on Monday warned that costs of a potent new class of cholesterol treatments and other specialty drugs in development could eclipse those of expensive new medicines and overwhelm the healthcare system "if rigid cost control mechanisms are not put in place." CVS' call for cost controls follows sharp criticism from insurers, other payers and...

  • Early Glance: Drugstore companies Tuesday, 17 Feb 2015 | 11:00 AM ET

    CVS Health Corp. fell$. 47 or. 5 percent, to $102.16. Rite Aid fell$. 11 or 1.3 percent, to $8.23. Walgreen Boots Alliance Inc. fell$. 57 or. 7 percent, to $78.16.

  • Early Glance: Drug Benefits companies Tuesday, 17 Feb 2015 | 11:00 AM ET

    NEW YORK— Shares of some top drug benefits companies are mixed at 10 a.m.:. CVS Health Corp. fell$. 47 or. 5 percent, to $102.16. Express Scripts Holding Co. rose$. 09 or. 1 percent, to $84.99.

  • Feb 17- CVS Health Corp, the second-largest U.S. pharmacy chain operator, has warned that a new class of drugs being developed to lower "bad" cholesterol could cost the U.S. healthcare system as much as $150 billion per year. The new class of cholesterol drugs called PCSK9 inhibitors could be priced in the range of $7,000- $12,000 per year, CVS said.

  • Feb 11- Drugstore operator Rite Aid Corp agreed to buy pharmacy benefit manager EnvisionRx for about $2 billion, looking to cut drug procurement costs as reimbursement rates fall. Rite Aid's deal comes nearly a decade after larger rival CVS Health Corp bought Caremark Rx for $21 billion, the only other example of a drug chain buying a benefits manager.

  • Feb 11- Drugstore operator Rite Aid Corp said it would buy pharmacy benefit manager EnvisionRx for about $2 billion, entering the business of administering health plan benefits. The deal will help Rite Aid compete better with CVS Health Corp, which bought Caremark Rx for $21 billion in 2006.. The acquisition of EnvisionRx will also give Rite Aid access to more...

  • Wyndham CEO: Strong dollar, minimal impact  Tuesday, 10 Feb 2015 | 10:30 AM ET

    Discussing Q4 earnings, Stephen Holmes, Wyndham Worldwide CEO, says the company is not terribly impacted by a strong dollar.

  • Meredith Adler, food and drug analyst at Barclays Capital, discusses the significance of CVS's beat on the top line. Adler still likes the stock.