Aetna and University of Texas Medical Branch reached an agreement to bring customers of the CVS-owned health insurance company back in-network, according to a Thursday news release. The news came a little over four years after a pricing dispute over the rising cost of medications led to a split between the two companies in 2021.
Shares of CVS Health Corp. CVS slipped 1.97% to $65.09 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.43% to 6,117.52 and Dow Jones Industrial Average DJIA falling 1.
CVS Health’s adjusted fourth-quarter profit handily beat Wall Street’s estimates, even as the drugstore chain and pharmacy benefits manager dealt with rising costs in its insurance division.
The robber is seen on surveillance video pointing a silver pistol to force the pharmacist to hand over drugs from the safe.
CVS Health reported a smaller-than-expected drop in fourth-quarter profit on Wednesday as the pace of medical cost increases slowed at the healthcare conglomerate and revenues jumped in its pharmacy business.
CVS Health (CVS) stock soared about 15% yesterday after posting upbeat fourth-quarter results, with revenues and earnings surpassing analysts’
CVS Health beat Wall Street estimates for fourth-quarter profit on Wednesday and provided an annual forecast that largely met expectations, hinting at an improvement in performance in its first full quarter under new CEO David Joyner.
It appears another CVS Pharmacy will close in the Baltimore area. The company intends to close the retail pharmacy at 3915 Hollins Ferry Road in Lansdowne, Baltimore County, on March 6, a company representative confirmed to 11 News.
CVS Health has eliminated more than 1,000 jobs based at or reporting to its offices in Hartford, which include the headquarters of Aetna.
Following a disappointing 2024, shares of CVS Health are way up in 2025. Despite rising sharply, CVS Health stock offers a high dividend yield. The company's dividend has risen by 90% over the past 10 years.
13don MSN
Shares of CVS Health (NYSE: CVS) were soaring Wednesday after the diversified healthcare giant's fourth-quarter results topped estimates and management offered better-than-expected guidance for 2025.
CVS Health reported $4.6 billion in 2024 profit including $1.6 billion in the fourth quarter as its health insurance business works to overcome rising medical expenses.
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