Key Developments: CVS Caremark Corp (CVS.N)

CVS.N on New York Stock Exchange

73.74USD
17 Apr 2014
Price Change (% chg)

$0.10 (+0.14%)
Prev Close
$73.91
Open
$73.36
Day's High
$74.10
Day's Low
$73.32
Volume
1,876,225
Avg. Vol
1,699,863
52-wk High
$76.36
52-wk Low
$55.67

Search Stocks

Latest Key Developments (Source: Significant Developments)

Cvs Caremark Corp announces quarterly dividend
Thursday, 6 Mar 2014 02:14pm EST 

Cvs Caremark Corp:Declares a quarterly dividend of $0.275 per share.Payable on May 2, to holders of record on Apr. 22.  Full Article

Cvs Caremark Corp's MinuteClinic and Robert Wood Johnson University Hospital agree to clinical collaboration in Central New Jersey
Thursday, 6 Mar 2014 08:00am EST 

Cvs Caremark Corp:Says MinuteClinic, the retail health care division of CVS Caremark and Robert Wood Johnson University Hospital (RWJ), one of the academic medical centers.Have signed a clinical collaboration to enhance access to health care services at MinuteClinic walk-in medical clinics inside select CVS/pharmacy stores in New Jersey's Middlesex and Mercer counties.Under the agreement, MinuteClinic and RWJ will collaborate on patient education and disease management initiatives and will inform patients of the services each offer at the MinuteClinic locations open seven days a week inside three CVS/pharmacy stores in East Brunswick, Old Bridge and Plainsboro.In addition, RWJ primary care providers will serve as collaborating physicians for MinuteClinic nurse practitioners working in these locations.The collaboration includes plans for future clinics in the two counties as part of MinuteClinic's national expansion plan to add 150 new clinics in 2014 and reach a total of 1,500 clinics in the U.S. by 2017.  Full Article

Cvs Caremark Corp's MinuteClinic and Main Line Health agree to clinical collaboration in Southeastern Pennsylvania
Wednesday, 5 Mar 2014 08:00am EST 

Cvs Caremark Corp:Says its retail health care division MinuteClinic and Main Line Health have signed a clinical collaboration at MinuteClinic walk-in medical clinics inside select CVS/pharmacy stores in Southeastern Pennsylvania.Under the agreement, physicians from Main Line Health's multi-specialty physician network, with more than 2,000 doctors, will serve as collaborating physicians for MinuteClinic locations in Chester, Delaware and Montgomery counties.Collaboration will include future clinics as part of MinuteClinic's national expansion plan to add 150 new clinics this year and reach a total of 1,500 clinics in the U.S. by 2017.  Full Article

Cvs Caremark Corp reaffirms FY 2014 EPS guidance; raises Q1 2014 EPS guidance
Tuesday, 11 Feb 2014 07:05am EST 

Cvs Caremark Corp:Reaffirmed FY 2014 EPS guidance.Expects FY 2014 adjusted EPS in the range of $4.36-$4.50.Expects FY 2014 GAAP EPS in the range of $4.09-$4.23.Raised Q1 2014 EPS guidance.Expects Q1 2014 adjusted EPS in the range of $1.03-$1.06.Expects Q1 2014 GAAP EPS in the range of $0.97-$1.00.FY 2014 EPS of $4.47 - Thomson Reuters I/B/E/S.Q1 2014 EPS of $0.98 - Thomson Reuters I/B/E/S.  Full Article

Cvs Caremark Corp completes acquisition of Coram Infusion business
Friday, 17 Jan 2014 08:00am EST 

Cvs Caremark Corp:Completes the acquisition of Coram LLC, the specialty infusion services and enteral nutrition business unit of Apria Healthcare Group Inc.Coram is a provider of comprehensive infusion services, caring for about 165,000 patients annually.  Full Article

Cvs Caremark Corp gives FY 2014 EPS guidance in line with the analysts' estimates - Conference Call
Tuesday, 14 Jan 2014 01:00pm EST 

Cvs Caremark Corp:Sees FY 2014 adjusted earnings per share to be in the range of $4.36 to $4.50 per share, reflecting solid year-over-year growth of about 10% to 14%.FY 2014 EPS of $4.47 - Thomson Reuters I/B/E/S.  Full Article

Cvs Caremark Corp increases quarterly dividend
Friday, 20 Dec 2013 07:30am EST 

Cvs Caremark Corp:Approves an increase in its quarterly dividend of about 22 pct, to $0.275 per share on the common stock of the company, payable Feb. 3, 2014, to holders of record on Jan. 23, 2014.  Full Article

Cvs Caremark Corp gives Q1 2014 guidance; EPS guidance above analysts' estimates - Conference Call
Wednesday, 18 Dec 2013 08:00am EST 

Cvs Caremark Corp:Says Q1 2014 consolidated net revenue growth of 2.75 pct to 4.25 pct.Says Q1 adjusted EPS to be in the range of $0.96 to $0.99 per share.Q1 2014 revenue of $32.22 billion and EPS of $0.94 - Thomson Reuters I/B/E/S Estimates.  Full Article

Cvs Caremark Corp to acquire Coram LLC from Apria Healthcare Group Inc
Wednesday, 27 Nov 2013 08:30am EST 

Cvs Caremark Corp:Says it has entered into an agreement to acquire Coram LLC.Says Coram LLC is a specialty infusion services and enteral nutrition business unit of Apria Healthcare Group Inc.Says deal transaction is about $2.1 billion.Says Barclays served as the company's financial advisor on the transaction.Says Sullivan and Cromwell LLP served as legal advisor.Says Dechert LLP served as legal advisor from an anti-trust perspective.  Full Article

Cvs Caremark Corp Raises FY 2013 EPS Guidance
Tuesday, 5 Nov 2013 07:00am EST 

Cvs Caremark Corp raised and narrowed its earnings guidance range for fiscal 2013, reflecting year-to-date results that exceeded expectations. The Company now expects to deliver Adjusted EPS of $3.98 to $4.01 and GAAP diluted earnings per share from continuing operations of $3.73 to $3.76 in 2013, both including the gain from the legal settlement in the third quarter. Excluding the gain from the legal settlement, the Company expects to deliver Adjusted EPS of $3.94 to $3.97 in 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.95 for fiscal 2013.  Full Article

Photo

CVS to pay $20 million to settle SEC fraud charges

- CVS Caremark Corp, the second largest U.S. drugstore chain, will pay $20 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors in 2009 during a debt offering and by accounting improperly for an acquisition.

Search Stocks