CVS Health Corp. said Monday it will slash another 2,900 jobs nationwide, most of them corporate jobs, with some of the ...
Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...
(Reuters) -CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as ...
It's not a good time to be in the pharmacy business. Online competition, rampant shoplifting and changing shopping habits, ...
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.
Conversations about breaking up CVS Health Corp. have been going on for months involving management and the board, predating ...
2. A company breakup is one option on the table, according to the report. The strategic review began weeks ago and yesterday CVS Health's executive team met with hedge fund investor Glenview Capital ...
CVS Health, which is already shutting stores to reduce costs, now plans layoffs of about 2,900 employees in a belt-tightening ...
CVS Health's board reportedly is considering a breakup to make its retail pharmacies and Aetna health insurance operations into separate companies.
A key hedge fund investor for CVS Health will meet with the company's top brass today in a move that signals a potential ...
Drugstore chain CVS Health Corp. in recent weeks has been reviewing its options as a company - among them a potential breakup - the Wall Street Journal reported on Monday.
CVS Health's stock remains significantly undervalued by most metrics, even if management are struggling to unlock value.