$CVS (CVS Health Corporation)

$CVS {{ '2016-04-07T19:51:58+0000' | timeago}} • SEC

$TGT said, during 2015, it used a portion of the $1.9Bil cash consideration it received from its pharma sale to $CVS to buy back shares of its common stock and settle approx. $200MM of retained pharmacy and clinic net liabilities. $TGT said it expects to use the remaining proceeds to pay approx. $500MM of related taxes and repurchase shares.

$CI {{ '2017-06-08T17:47:25+0000' | timeago}} • Announcement

$CI and $CVS announced the launch of Cigna Health WorksSM, a new collaboration that aligns Cigna-administered health benefits with CVS Pharmacy and CVS MinuteClinic retail health care services to deliver a consumer-friendly experience for Cigna self-funded employer-sponsored health plans.

$CVS {{ '2017-05-10T15:43:01+0000' | timeago}} • Announcement

Shareholders of $CVS re-elected all 11 standing members of the BoD and voted to elect Mary Schapiro, the 29th chairman of the U.S. Securities and Exchange Commission (SEC), as a new member of its Board during its Annual Meeting.

$AET {{ '2017-05-02T14:02:27+0000' | timeago}} • Webcast

When asked whether the partnership with $AET will restrict $CVS taking on other large health plans, $CVS commented that currently it services more than 70 health plans. $CVS added that there are some exciting opportunities with $AET's partnership.

$CVS {{ '2017-05-02T13:55:55+0000' | timeago}} • Webcast

With regards to the negative $40MM claim impact in scripts unit during 1Q17, $CVS commented that this not change the company's estimates dramatically. The company said that scripts unit growth has been consistent with its expectations. $CVS added that the expectation for scripts growth has not changed for the balance of the year.

$CVS {{ '2017-05-02T12:45:41+0000' | timeago}} • Infographic

$CVS CVS Health Corp. Earnings AlphaGraphics: Q1 2017 highlights

$CVS {{ '2017-05-02T11:28:51+0000' | timeago}} • Announcement

During 1Q17, $CVS opened 27 new retail stores and closed 60 retail stores. Also, $CVS relocated 10 retail stores. As of March 31, 2017, $CVS operated 9,676 retail stores, including pharmacies in Target stores, in 49 states, the District of Columbia, Puerto Rico and Brazil. $CVS expects to close about 10 additional stores during remainder of 2017.

$CVS {{ '2017-05-02T11:28:21+0000' | timeago}} • Announcement

$CVS still expects 2017 EPS of $5.02-5.18 and adjusted EPS of $5.77-5.93. For 2Q17, the company predicts EPS of $1.15-1.19 and adjusted EPS of $1.29-1.33. $CVS also confirmed 2017 cash flow from operations outlook of $7.7-8.6Bil and free cash flow estimate of $6-6.4Bil. These estimates assume completion of $5Bil in share repurchases.

$CVS {{ '2017-05-02T11:28:05+0000' | timeago}} • Announcement

$CVS reported a drop in 1Q17 earnings due to restricted networks as well as continued price compression in the Pharmacy Services and reimbursement pressure in Retail/LTC. Net income fell to $953MM or $0.92 per share from $1.15Bil or $1.04 per share last year. Net revenue grew to $44.51Bil from $43.22Bil. Adjusted EPS decreased to $1.17 from $1.18.

$CVS {{ '2017-04-06T16:30:33+0000' | timeago}} • Announcement

$CVS appointed current EVP and general counsel Thomas Moriarty to the newly created role of chief policy and external affairs officer. Moriarty will bring together corporate communications, legal, government affairs and public policy under one operating unit to manage external affairs in Washington, D.C. and state capitals across the country.

$CVS {{ '2017-03-03T11:05:36+0000' | timeago}} • Announcement

$CVS, the nation's largest pharmacy innovation company, announced has appointed Jonathan C. Roberts as the company's Executive Vice President and Chief Operating Officer. Roberts currently serves as President of CVS Caremark, the company's leading pharmacy benefit management business.

$CVS {{ '2017-02-09T15:05:20+0000' | timeago}} • Webcast

$CVS grew its Medicare Part D captive membership by over 10% for Jan. 2017. The company expects the margin profile for its SilverScript Part D business for 2017 to be similar to the 2016 level.

$CVS {{ '2017-02-09T14:22:02+0000' | timeago}} • Infographic

$CVS CVS Health Corp. Earnings AlphaGraphics: Q4 2016 Highlights

$CVS {{ '2017-02-09T14:05:49+0000' | timeago}} • Webcast

At the end of 2016, $CVS had $18.2Bil left in authorization for share buybacks and expects to repurchase $5Bil in 2017. The company said it plans to return more than $7Bil to shareholders through a combination of dividends and share repurchases in 2017.

$CVS {{ '2017-02-09T13:57:41+0000' | timeago}} • Webcast

$CVS has introduced CVS Pay app, which allows customers to pick up prescriptions, use ExtraCare, and pay for front store items. The company said it plans to enhance its online shopping tool in 2017 and further integrate personalization into digital platforms to increase engagement with health and beauty shoppers.

$CVS {{ '2017-02-09T13:50:09+0000' | timeago}} • Webcast

Within $CVS's Retail/LTC segment, pharmacy same store prescription volumes for 4Q16 increased 2% on a 30-day equivalent basis. Total same-store sales decreased 0.7%, with pharmacy same-store sales up 0.2%. Pharmacy comps were negatively impact by about 380 BPs due to recent generic introductions.

$CVS {{ '2017-02-09T12:41:36+0000' | timeago}} • Announcement

$CVS intends to close approx. 70 retail stores during 2017 and expects to take a charge of approx. $225MM associated with the remaining lease obligations of such stores. The vast majority of the store closures are expected to occur in the three months ending March 31, 2017.

$CVS {{ '2017-02-09T12:39:15+0000' | timeago}} • Announcement

For 1Q17, $CVS anticipates its GAAP diluted EPS to be $0.82-0.88 and expects the adjusted EPS to be $1.07-1.13. For FY17, $CVS expects its GAAP diluted EPS to be $5.02-5.18 and adjusted EPS is expected to be about $5.77-5.93.

$CVS {{ '2017-02-09T12:36:54+0000' | timeago}} • Announcement

In 4Q16, $CVS opened 40 new retail stores and closed 25 retail stores. In addition, the Company relocated 16 retail stores.

$CVS {{ '2017-02-09T12:35:00+0000' | timeago}} • Announcement

During 4Q16, $CVS's Pharmacy Services Segment reported 17.9% increase in its revenue to $31.3Bil. This increase was mainly due to growth in pharmacy network and specialty pharmacy claims. Revenues in Retail/LTC segment rose 4.7% to $20.8MM, mainly due to addition of the pharmacies of Target Corporation, which were acquired in December 2015.

$CVS {{ '2017-02-09T12:31:31+0000' | timeago}} • Announcement

Pharmacy company $CVS reported 13.8% rise in its 4Q16 earnings, mainly due to increase in operating profit. The company's net income rose to $1.7Bil, or $1.59 per share, compared to $1.5Bil, or $1.34 per share during 4Q15. Revenue during the quarter rose 11.7% YoY to $46Bil. Excluding items, $CVS earned $5.84 per share, up 13.2% from 4Q15.

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