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CVS Health in $48 million settlement of lawsuit over stock plunge

2015-09-16 18:38:26| Biotech - Topix.net

The all-cash settlement with investors led by three Massachusetts public pension funds was disclosed in a Monday filing with the federal court in Providence, Rhode Island. CVS' share price tumbled 20.1 percent on Nov. 5, 2009, after the company, then known as CVS Caremark, revealed the loss of contracts representing about $4.5 billion of annual revenue.

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Stocks close moderately higher; CVS confirms photo website hacked; top Yahoo executive departs: P.M. Business News Links

2015-09-12 20:17:34| Grocery - Topix.net

This March 17, 2014 photo shows a CVS/Pharmacy in Dormont, Pa. CVS said today investigators have confirmed the company that manages their photo website was indeed hacked this summer, possibly resulting in the theft of some CVS customer information.

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Leading the pack, CVS swine conference

2015-09-03 18:02:00| National Hog Farmer

The Carthage Veterinary Services hosts an educational conference for hog farmers. read more

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UM Lands CVS Media Account, the Agency's Second Big Win of the Summer

2015-08-21 17:09:16| Beverages - Topix.net

The IPG Mediabrands agency scored significant business from Coca-Cola a few weeks ago, and now adds media responsibilities for the CVS pharmacy chain. UM won CVS following a review led by consultancy Pile + Co., and it will succeed Havas' Mindshare on the assignment.

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Earnings: CVS' revenue overcomes end to tobacco sales

2015-08-05 12:28:05| Agriculture - Topix.net

But the nation's second-largest drugstore chain also narrowed its full-year earnings outlook on Tuesday and issued a third-quarter forecast that fell short of Wall Street's expectations. The Woonsocket, R.I., company said that revenue from its biggest business - pharmacy-benefits management - jumped 12 percent in the second quarter to more than $24 billion, spurred in part by specialty drugs.

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