CVS Caremark Corp


  • SAN FRANCISCO/ NEW YORK, April 10- Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders. Icahn withdrew his two nominees to eBay's board ahead of the company's annual meeting in May.

  • UPDATE 2-Icahn pulls proposal that eBay sell off PayPal Thursday, 10 Apr 2014 | 12:06 PM ET

    NEW YORK, April 10- Activist investor Carl Icahn has dropped his call for eBay Inc to split off its fast-growing PayPal payments unit but has suggested he would keep pressure on the e-commerce company.

  • So who blinked, Icahn or eBay? CEO's take on truce Thursday, 10 Apr 2014 | 10:33 AM ET
    Carl Icahn eyes Ebay Inc.

    EBay announced it will—at Carl Icahn's urging—appoint business executive David Dorman as an independent director. In exchange, Icahn said he'll back off.

  • UPDATE 1-EBay, Icahn reach truce Thursday, 10 Apr 2014 | 9:11 AM ET

    NEW YORK, April 10- EBay Inc and Carl Icahn ended their proxy fight on Thursday as the activist investor dropped his proposal that the e-commerce company split off its PayPal payments unit and withdrew his two nominees for the eBay board.

  • The SEC, which announced the settlement on Tuesday, said CVS failed while marketing a $1.5 billion bond offering in September 2009 to disclose having recently lost significant Medicare and contract revenue streams in its pharmacy benefits manager business, including from the former Caremark Rx Inc that it bought in March 2007.

  • CVS to pay $20 mln to settle SEC charges Tuesday, 8 Apr 2014 | 1:22 PM ET

    April 8- CVS Caremark Corp agreed to pay $20 million to settle U.S. Securities and Exchange Commission charges that it misled investors about significant financial setbacks and used improper accounting to artificially boost its results. The Woonsocket, Rhode Island- based company did not admit or deny wrongdoing in agreeing to settle.

  • 28 attorneys general urge retailers to drop tobacco Monday, 17 Mar 2014 | 4:12 PM ET

    Attorneys general is 28 states urged Wal-mart and four other retailers to stop selling tobacco products. They said they should not be sold in health stores.

  • US CEO pay not rising as much as you may expect Monday, 17 Mar 2014 | 6:44 AM ET

    Big U.S. companies appear to have handed out smaller increases in compensation to their CEOs in 2013.

  • Consumers are shopping a new way—What it means Monday, 3 Mar 2014 | 8:00 AM ET

    Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.

  • Private equity's new target play: Sex toys Friday, 21 Feb 2014 | 1:48 PM ET
    A Jimmyjane Indulgences kit

    A recent acquisition shows how bedroom novelties have aroused the interest of private equity firm Brookstone Partners.

  • U.S. stocks rose on Tuesday as Federal Reserve Chair Janet Yellen stressed Fed continuity.

  • U.S. stock index futures ticked higher, ahead of Federal Reserve Chair Janet Yellen's first testimony before Congress.

  • Early movers: S, CVS, AAPL, GOOG, MMC, BCS & more Tuesday, 11 Feb 2014 | 7:39 AM ET
    Traders work the floor of the New York Stock Exchange on the evening of January 23, 2014 in New York City.

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

  • Next up for markets—Janet Yellen Friday, 7 Feb 2014 | 6:54 PM ET
    Janet Yellen

    The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.

  • Game plan: How will Cramer zig as market zags? Friday, 7 Feb 2014 | 6:00 PM ET

    The market’s mood seemed to shift on Friday. But will the positive tone bleed into the week ahead?

  • Dave Dorman, CVS Caremark chairman of the board, weighs in on why he is not "surprised" by the weak jobs number, and defends his company's decision to stop selling tobacco products to customers at CVS.

  • FOMC not swayed by a single number: Fisher     Friday, 7 Feb 2014 | 8:45 AM ET

    Richard Fisher, Federal Reserve Bank of Dallas president, weighs in on the weak jobs number and the likelihood of the Fed interrupting its tapering program. Also Dave Dorman, CVS Caremark chairman of the board, weighs in on the employment picture.

  • Squawking AOL and Obamacare; why Twitter tanked Thursday, 6 Feb 2014 | 12:57 PM ET

    This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and some sarcastic reflections.

  • Dollar General could profit from CVS: Pro     Wednesday, 5 Feb 2014 | 4:41 PM ET

    Stacey Widlitz, SW Retail Advisors, looks at who will profit from CVS's decision to stop the sale of tobacco products.

  • CVS to remove cigarettes and tobacco     Wednesday, 5 Feb 2014 | 2:43 PM ET

    Beginning October 1st, CVS will no longer sell tobacco products in any store. NBC's Tom Costello reports CVS wants to be an extension of your doctor's office.