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CVS Health Corp (CVS.N)

CVS.N on New York Stock Exchange

79.33USD
16 Nov 2018
Change (% chg)

$-0.51 (-0.64%)
Prev Close
$79.84
Open
$79.55
Day's High
$80.43
Day's Low
$79.26
Volume
1,689,411
Avg. Vol
1,495,614
52-wk High
$83.87
52-wk Low
$60.15

Latest Key Developments (Source: Significant Developments)

CVS Health Says Savings From Aetna Transaction May Exceed $750 Mln- Conf. Call
Tuesday, 6 Nov 2018 09:52am EST 

Nov 6 (Reuters) - Cvs Health Corp ::SAYS SAVINGS FROM AETNA TRANSACTION MAY EXCEED $750 MILLION- CONF. CALL.SAYS HAS REACHED AGREEMENT WITH CALIFORNIA STATE REGULATOR ON AETNA DEAL AND IS FINALIZING TERMS.  Full Article

CVS Health Reports Q3 GAAP EPS From Continuing Operations Of $1.36
Tuesday, 6 Nov 2018 06:55am EST 

Nov 6 (Reuters) - CVS Health Corp ::Q3 GAAP EPS FROM CONTINUING OPERATIONS OF $1.36 .CVS HEALTH CORP QTRLY NET REVENUES INCREASED 2.4% TO $47.3 BILLION.CVS HEALTH CORP QTRLY ADJUSTED EPS OF $1.73.CVS HEALTH CORP SEES 2018 GAAP DILUTED EPS FROM CONTINUING OPERATIONS OF $1.40 TO $1.50.CVS HEALTH CORP SEES 2018 ADJUSTED EPS OF $6.98 TO $7.08.CVS HEALTH CORP SEES 2018 CASH FLOW FROM OPERATIONS OF ABOUT $9.0 BILLION; FREE CASH FLOW OF APPROXIMATELY $7.0 BILLION.CONFIRMED FULL YEAR GUIDANCE.CVS HEALTH CORP QTRLY SAME STORE SALES INCREASED 6.7% AND PHARMACY SAME STORE SALES INCREASED 8.7% IN THE QUARTER ENDED SEPT 30, 2018.FRONT STORE SAME STORE SALES INCREASED 0.8% IN THE QUARTER ENDED SEPT 30, 2018, COMPARED TO THE SAME QUARTER OF THE PRIOR YEAR.Q3 GAAP EPS FROM CONTINUING OPERATIONS OF $1.36.REGULATORY APPROVAL PROCESS FOR AETNA DEAL IS PROCEEDING WITHIN TIMEFRAME CONSISTENT WITH EXPECTATIONS.IN Q2 CO HAD $3.9 BILLION GOODWILL IMPAIRMENT CHARGE RELATED TO LTC BUSINESS.  Full Article

Teamsters Local 727 Resumes Negotiations With CVS For A New Collective Bargaining Agreement
Wednesday, 26 Sep 2018 12:27pm EDT 

Sept 26 (Reuters) - TEAMSTERS LOCAL 727 ::TEAMSTERS LOCAL 727 - CVS, TEAMSTERS LOCAL 727 RESUMED NEGOTIATIONS FOR A NEW COLLECTIVE BARGAINING AGREEMENT SEPT. 21.TEAMSTERS LOCAL 727 SAYS IT FILED LABOR PRACTICE CHARGE AGAINST CVS OVER ITS DELAY TO RESPOND THAT IS PENDING WITH NATIONAL LABOR RELATIONS BOARD.  Full Article

Teamsters Local 727 Says Filed An "Unfair Labor Practice" Charge Against CVS
Friday, 7 Sep 2018 03:30pm EDT 

Sept 7 (Reuters) - Teamsters Local 727::TEAMSTERS LOCAL 727 - FILED AN "UNFAIR LABOR PRACTICE" CHARGE AGAINST CVS ON SEPT. 7.TEAMSTERS LOCAL 727 - BARGAINING COMMITTEE AND CVS WILL HOLD THEIR NEXT COLLECTIVE BARGAINING MEETING ON SEPT. 21.  Full Article

CVS Announces Management Team For Combined Co Following Close Of Aetna Acquisition
Wednesday, 6 Jun 2018 08:30am EDT 

June 6 (Reuters) - CVS Health Corp ::CVS HEALTH ANNOUNCES MANAGEMENT TEAM FOR COMBINED COMPANY FOLLOWING CLOSE OF AETNA ACQUISITION TRANSACTION.CVS HEALTH ANNOUNCES MANAGEMENT TEAM FOR COMBINED COMPANY FOLLOWING CLOSE OF AETNA ACQUISITION TRANSACTION.CVS HEALTH CORP - JON ROBERTS WILL CONTINUE TO SERVE AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER FOR CVS HEALTH.CVS HEALTH CORP - UNTIL DEAL CLOSE , CVS HEALTH & AETNA WILL CONTINUE TO OPERATE AS 2 SEPARATE COS.CVS HEALTH CORP - RICHARD DI BENEDETTO WILL CONTINUE TO SERVE IN HIS CURRENT POSITION OF PRESIDENT OF AETNA INTERNATIONAL.CVS HEALTH - KAREN S. LYNCH, CURRENTLY PRESIDENT OF AETNA, WILL SERVE AS EXECUTIVE VICE PRESIDENT OF CVS HEALTH AND PRESIDENT FOR AETNA BUSINESS UNIT.CVS HEALTH CORP - AS PART OF TRANSITION OF ORGANIZATIONS, SEVERAL EXECUTIVES FROM BOTH CVS HEALTH & AETNA WILL BE DEPARTING.CVS HEALTH - SHAWN M. GUERTIN, CURRENTLY CFO FOR AETNA, WILL ASSUME POSITION OF EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER FOR CVS HEALTH.CVS HEALTH CORP - DAVID DENTON, WHO CURRENTLY SERVES AS CVS HEALTH'S CHIEF FINANCIAL OFFICER HAS ELECTED TO DEPART COMPANY AT DEAL CLOSE.CVS HEALTH - TRANSACTION WITH AETNA EXPECTED TO CLOSE IN SECOND HALF OF 2018, SUBJECT TO REQUIRED REGULATORY APPROVALS.  Full Article

Aetna To Release Q1 2018 Results; Announces Business Segment Realignment
Tuesday, 17 Apr 2018 05:00pm EDT 

April 17 (Reuters) - Aetna Inc ::AETNA TO RELEASE FIRST-QUARTER 2018 RESULTS; ANNOUNCES BUSINESS SEGMENT REALIGNMENT.AETNA - EFFECTIVE FOR Q1, REALIGNED BUSINESS SEGMENTS TO CORRESPOND WITH CHANGES TO ITS MANAGEMENT STRUCTURE AND INTERNAL MANAGEMENT REPORTING.AETNA - GIVEN PENDING DEAL WITH CVS HEALTH, CO WILL NOT HOST CONF CALL IN CONJUNCTION WITH EARNINGS RELEASE & DOES NOT EXPECT TO DO SO FOR FUTURE QTRS.AETNA INC - AETNA'S OPERATIONS WILL NOW BE CONDUCTED IN HEALTH CARE REPORTABLE SEGMENT.  Full Article

CVS Pharmacy Says Now Offering New Shingles Vaccine At Locations Nationwide
Friday, 16 Mar 2018 08:30am EDT 

March 16 (Reuters) - Cvs Health Corp ::CVS PHARMACY NOW OFFERING NEW SHINGLES VACCINE AT LOCATIONS NATIONWIDE.  Full Article

CVS Health Sets Quarterly Dividend Of $0.50/Share
Wednesday, 14 Mar 2018 11:42am EDT 

March 14 (Reuters) - CVS Health Corp ::SETS QUARTERLY DIVIDEND OF $0.50PER SHARE.  Full Article

CVS Health Stockholders Approve Aetna Acquisition
Tuesday, 13 Mar 2018 11:30am EDT 

March 13 (Reuters) - CVS Health Corp ::CVS HEALTH STOCKHOLDERS APPROVE AETNA ACQUISITION.CVS HEALTH - MORE THAN 98 PERCENT OF SHARES VOTED AT SPECIAL MEETING OF STOCKHOLDERS WERE IN FAVOR OF CO'S ACQUISITION OF AETNA.  Full Article

Aetna Shareholders Approve Proposed Acquisition By CVS Health
Tuesday, 13 Mar 2018 11:30am EDT 

March 13 (Reuters) - Aetna Inc ::AETNA SHAREHOLDERS OVERWHELMINGLY APPROVE PROPOSED ACQUISITION BY CVS HEALTH.AETNA INC - CO, CVS HEALTH CONTINUE TO EXPECT THAT TRANSACTION WILL BE COMPLETED IN SECOND HALF OF 2018.AETNA - ABOUT 97% OF VOTES CAST, & OVER 77% SHARES OUTSTANDING, ENTITLED TO VOTE, VOTED TO APPROVE PLAN OF MERGER DATED AS OF DEC 3, 2017.  Full Article

US STOCKS-S&P 500 futures up as Democrats capture U.S. House

* Democrat control of House will likely stymie future tax cuts