CVS Health has been making waves with its recent announcements. The company shared its future plans during an investor event on Tuesday. This has led to a significant increase in its stock price. So, what's driving this surge? First off, CVS has big expectations for its revenue. By 2025, they aim t
CVS Health Corporation recently shared its financial performance for the final quarter and the entire year of 2024. The earnings per share (EPS) for the fourth quarter, following Generally Accepted Accounting Principles (GAAP), dropped to $1. 30 from $1. 58 the previous year. This decrease was mainl
CVS Health has bolstered its board of directors, adding four new members, including the CEO of a hedge fund that has been vocal about the company’s struggles. The latest development comes after productive discussions with shareholder Glenview Capital Management, which holds about a 1% stake in CVS H
CVS Health is facing a challenge. Their stock prices are falling, and healthcare costs are skyrocketing. The money coming in from their pharmacy services isn't enough. To tackle this, they're thinking about a significant change: splitting their retail stores from their health insurance business. The
CVS has been aggressively expanding its healthcare services, recently acquiring Oak Street Health for $10.6 billion and Signify Health for $8 billion in 2022. These acquisitions aim to bolster CVS's push into healthcare, a strategy also pursued by competitors like Walgreens. While some analysts sugg
