Higher Costs To Weigh On CVS Health's Q2?

08:00am, Tuesday, 01'st Aug 2023
Earnings will likely come in at about $2.10 on a per-share and adjusted basis, nearly matching the $2.11 consensus estimate.

5 Things to Know Before Markets Open

07:30am, Tuesday, 01'st Aug 2023
Meta Platforms is planning to roll out AI chatbots to help it retain users of its apps and healthcare retailer CVS lays off 5,000 workers as it cuts costs in preparations to expand into primary care.
Several hedge funds led by billionaires have bought shares of CVS Health this year. These billionaires likely find CVS Health's valuation attractive.
CVS said the jobs affected are primarily corporate positions and it doesn't expect customer-oriented roles to be affected, The Wall Street Journal reported.
CVS Health plans to shed 5,000 jobs across the country in the wake of billions of dollars the retail drugstore giant has spent on healthcare services.

CVS to cut about 5,000 corporate jobs: report

10:59pm, Monday, 31'st Jul 2023
CVS Health Corp. will slash about 5,000 jobs in a cost-cutting move, the Wall Street Journal reported Monday night. According to the report, the layoffs are primarily in corporate positions, and the c

CVS to Shed 5,000 Jobs in Cost-Cutting Push

10:12pm, Monday, 31'st Jul 2023
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants.

Net Lease REITs In A New Era

07:00am, Friday, 28'th Jul 2023
Net lease REITs have historically been solid performers. Elevated interest rates create some headwinds. So does an elevated likelihood of investment grade tenant credit migration.
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The Zacks Retail Pharmacy and Drugstore industry players like CVS, HLF and RAD are likely to gain despite reimbursement challenges hurting the overall industry health.
Recently, Zacks.com users have been paying close attention to CVS Health (CVS). This makes it worthwhile to examine what the stock has in store.
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