$CVS (CVS Health Corporation)

$CVS {{ '2015-08-04T14:15:12+0000' | timeago}} • Webcast

$CVS 2Q15 Q&A: Heinbockel of Guggenheim asked on ongoing consolidation in PBM space. Larry replied that the timing of selling season, particularly the 16 season was really unaffected by some of the M&A activities that occurred. Those opportunities are in front of us and CVS has already begun on 17 for some of the health plan clients out there.

$CVS {{ '2017-12-04T21:29:13+0000' | timeago}} • Announcement

$CVS has agreed to acquire $AET for appox. $207 per share or approx. $69Bil. Including the assumption of $AET debt, the total value of the deal is $77Bil. The transaction is expected to close in the second half of 2018.

$CVS {{ '2017-11-08T12:39:44+0000' | timeago}} • Webcast

For 4Q17, $CVS expects a negative free cash flow, as the company plans to settle the CMS payable associated with the 2016 plan year. Based on this the company maintains its FY17 guidance and continues to expect to produce free cash of between $6-6.4Bil

$CVS {{ '2017-11-08T12:33:21+0000' | timeago}} • Webcast

$CVS entered into a five-year agreement with $ANTM during 3Q17. Based on this, $CVS will offer its services to support $ANTM's new pharmacy benefit management company called IngenioRx, effective January 2020. The services include claims processing and prescription fulfillment through mail order and specialty pharmacies.

$CVS {{ '2017-11-08T12:24:47+0000' | timeago}} • Webcast

During 3Q17, $CVS experienced a negative effect of the three major hurricanes that hit Southern U.S. and Puerto Rico. The hurricanes along with retail weakness is what contributed to lower earnings during the quarter. The storm triggered a financial impact of approx. $55MM, which are costs primarily to cover insurance deductibles.

$CVS {{ '2017-11-06T18:42:25+0000' | timeago}} • Announcement

$CVS to bring next-day delivery from CVS Pharmacy locations beginning in early 2018. The company plans to offer free same-day delivery within hours in selected markets. $CVS continues to expand its partnership with Instacart to offer personal shopping at 2,600 CVS Pharmacy stores across the country.

$CVS {{ '2017-11-06T18:20:05+0000' | timeago}} • Announcement

$CVS, that proposed to buy $AET, reported a 17% drop in its 3Q17 profit, mainly due to reimbursement pressure and $187MM of losses on pension settlements. Net income during the quarter fell to $1.28Bil, or $1.26 per share, from $1.54Bil, or $1.44 per share during 3Q16. Adj. EPS was $1.50, down 9%. Revenues rose 4% YoY to $46.2Bil.

$CVS {{ '2017-11-06T18:08:02+0000' | timeago}} • Announcement

$CVS has narrowed its guidance for FY17. The company currently estimates its GAAP EPS to be about $4.98-5.02 from $4.92-5.02 and adj. EPS to be about $5.87-5.91 from $5.83-5.93.

$CVS {{ '2017-11-06T17:57:44+0000' | timeago}} • Announcement

During 3Q17, $CVS's Pharmacy Services Segment reported 8.1% increase in its revenue to approx. $32.9Bil, driven by growth in the pharmacy network claim volume. Revenues in the Retail/LTC Segment decreased 2.7% to approx. $19.6Bil. The fall in revenue was mainly due to 3.2% decrease in same store sales.

$CVS {{ '2017-11-06T12:53:26+0000' | timeago}} • Infographic

$CVS CVS Health Corp. Earnings AlphaGraphic: Q3 2017 highlights

$CVS {{ '2017-10-18T15:07:12+0000' | timeago}} • Announcement

$CVS signed a five-year agreement with $ANTM to provide services to support  IngenioRx, effective Jan 1, 2020. Based on this CVS Caremark will manage certain services for IngenioRx.

$CVS {{ '2017-09-14T16:58:01+0000' | timeago}} • Announcement

$CVS said it will acquire six Ohio outpatient pharmacy locations from ProMedica, and plans to close five of them. The facility will transition to become a CVS Pharmacy in early November.

$CVS {{ '2017-09-07T14:27:45+0000' | timeago}} • Announcement

CVS Pharmacy, the retail division of $CVS, said it is introducing automated retail vending machines stocked with convenient, on-the-go necessities including over-the-counter health products, "better-for-you" snacks and popular personal care products typically sold at CVS Pharmacy locations nationwide.

$CVS {{ '2017-08-09T18:23:09+0000' | timeago}} • Webcast

Higher pharmacy network claims boosted $CVS's PBM segment revenue to $32.3Bil for 2Q17, a 9.5% increase from 2Q16. The company, however, saw a decline of 2.2% in revenue from its Retail/Long-Term Care business due to decrease in same store sales.

$CVS {{ '2017-08-09T18:17:17+0000' | timeago}} • Webcast

During 2Q17, $CVS returned approx. $852MM to shareholders through combination of dividends and share repurchases, bringing the YTD total of approx. $5Bil.  The company plans to return over $7Bil to shareholders for the year 2017.

$CVS {{ '2017-08-08T15:18:33+0000' | timeago}} • Announcement

During 2Q17, $CVS opened 27 new retail locations and closed three retail locations. The Company also relocated 10 retail locations. As of June 30, 2017, it operated 9,700 retail locations, including pharmacies in Target stores, in 49 states, the District of Columbia, Puerto Rico and Brazil.

$CVS {{ '2017-08-08T15:14:22+0000' | timeago}} • Announcement

$CVS narrowed and revised FY17 EPS to $4.92-5.02 from $5.02-5.18 and adjusted EPS to $5.83-5.93 from $5.77-5.93. The company expects it 3Q17 EPS to be about $1.20-1.23 and adjusted EPS to be in the range of $1.47-1.50.

$CVS {{ '2017-08-08T15:07:27+0000' | timeago}} • Announcement

Pharma company $CVS reported 19% growth in its 2Q17 profit, due to absence of $542MM loss on the early retirement of debt. Net earnings rose to $1.1Bil, or $1.07 per share, compared to $924MM, or $0.86 per share, during 2Q16. Net revenue rose 5% to $45.6Bil. Excluding items, $CVS earned $1.33 per share.

$CVS {{ '2017-08-08T12:06:23+0000' | timeago}} • Infographic

$CVS CVS Caremark Corp. Earnings AlphaGraphic: Q2 2017 highlights

$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.

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