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EXPLAINED: 3 | Vintage Vibes

CVS Health appoints four new board members, including Glenview Capital Management's CEO, to enhance financial and operational performance.

Top News

S&P Futures Soar as Trump Wins U.S. Presidency, FOMC Meeting on Tap

December S&P 500 E-Mini futures (ESZ24) are trending up +2.24% this morning after Republican Donald Trump won the U.S. presidential election.

Barchart

S&P Futures Soar as Trump Claims Election Victory, FOMC Meeting on Tap

December S&P 500 E-Mini futures (ESZ24) are trending up +2.37% this morning as Donald Trump declared victory in the U.S. presidential election, while investors also geared up for the start of the Federal Reserve’s two-day policy meeting.

Barchart

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Amazon donates to group backing hardline anti-abortion Republican

DoorDash and CVS also contributing funds to Raga group trying to re-elect Todd Rokita, who favors total abortion ban

The Guardian - US

What to Expect From CVS Health's Next Quarterly Earnings Report

With CVS Health gearing up to release its third-quarter earnings next month, analysts expect a double-digit drop in earnings.

Barchart

CVS needs 'realistic targets' says analyst after drug giant abruptly dismisses CEO

The company's approach to guidance this year led to continual cutting of goals.

Fortune

There’s a new power player at CVS after Karen Lynch’s dismissal—but he’s not CEO

Roger Farah, who worked behind the scenes to right Ralph Lauren and Tory Burch, will become executive chairman at CVS.

Fortune

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Stock Market Today: Stocks Rally on Strong Netflix Earnings

Mega-cap tech leads the charge as markets rise for a sixth straight week.

Kiplinger

CVS Stock Falls After Karen Lynch Ouster: What to Know

CVS stock is lower Friday after the embattled healthcare company said Karen Lynch is out as CEO, effective immediately

Kiplinger

CVS Health CEO Karen Lynch Steps Down, Shares Plummet

CVS Health CEO resigns, David Joyner takes over amidst financial challenges and industry shifts.

Top News

CVS Health CEO Lynch steps down, Joyner named to the post

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner as the health care giant continues to struggle with rising costs

The Independent UK

CVS Health To Eliminate Almost 3,000 Jobs To Cut Costs

The cuts will affect about 1% of its workforce.

International Business Times

Stock Market Today: Stocks Drop, Oil Spikes After Iran Attacks Israel

A massive port strike and dismal economic data also weighed on the main indexes Tuesday.

Kiplinger

Is CVS Health About to Break Up? Here's What We Know

CVS Health stock is lower Tuesday on reports the healthcare company is conducting a strategic review of its operations, which includes a potential breakup.

Kiplinger

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Barchart

Stock Index Futures Mixed Ahead of U.S. JOLTs Report and Fed Speak, Nike Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are down -0.13%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.06% this morning as investors awaited the latest reading on U.S. job openings, comments from Federal Reserve officials, and an earnings report from the world’s largest shoemaker Nike.

Fortune

CVS Health shares rise as hedge fund pushes for change

CVS stock rose 2% on Monday, but the healthcare giant has shed over $26 billion in market cap this year.

StockNews.com

3 Healthcare Stocks Benefiting From Aging Populations

The healthcare industry is thriving, owing to the growing healthcare expenditure and aging population. Given the industry’s tailwinds, fundamentally sound healthcare stocks AbbVie (ABBV), Boston Scientific (BSX), and CVS Health (CVS) could be solid buys. Keep Reading….

Fortune

Aetna expands access to fertility services, becoming first major insurer to cover IUI

The move was "yet another demonstration of Aetna’s commitment to women’s health across all communities," said the insurer.

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Fortune

How the internet’s charm can disrupt our kids’ perceptions

As teens immerse themselves online more and more, it can create a desire to compare their own lives, leading to feelings of inadequacy or discontent.

The Guardian - US

Advertisers axe corporate responsibility scheme after lawsuit from Musk’s X

Decision from WFA follows X suit accusing advertisers of conspiring to withhold ‘billions of dollars in revenue’

International Business Times

CVS Health Slashes 2024 Forecast, Changes Insurance Leadership

The company's latest forecast reflects significant setbacks in its insurance business, which has been adversely affected by increased claims and declining quality ratings for Medicare Advantage coverage.

Kiplinger

CVS Health Stock Drops After Cutting Profit Forecast Again

CVS Health said pressure in its benefits segment prompted another cut to its full-year forecast. Here's what you need to know.

The Guardian - AU

Afternoon Update: Harris’s VP pick challenges JD Vance; Sydney teacher accused of sex offences; and Australia’s guaranteed medals

Minnesota governor told a packed rally in Pennsylvania, that he ‘can’t wait to debate the guy … if he’s willing to get off the couch and show up’

Al Jazeera

Musk declares ‘war’ on advertisers as X sues ad alliance, companies

In its lawsuit, X said an advertisers alliance conspired to withhold ‘billions of dollars’ in ad revenue from it.

The Independent UK

Drugstores tinker with new looks as their usual way of doing business faces challenges

America’s drugstores are testing smaller locations and more ways to offer care as more store closings loom

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