Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.
CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...
Glenview Capital denies pushing for a breakup of CVS Health (CVS), states they are focused on strengthening the company's ...
The reductions, part of the company's previously announced plan, would primarily impact corporate roles and not frontline ...
CVS is considering a breakup and other strategic alternatives as pressure from investors builds on management in the midst of ...
Around the time of the announcement that Glenview Capital Management may pressure CVS to enact changes, The Wall Street ...
About 2,900 jobs will be eliminated — less than 1% of the company's total global workforce — and most of the affected jobs ...
Glenview Capital Management will meet with top CVS executives to exchange ideas on how to make improvements at the healthcare company, according to a report from The Wall Street Journal.
Shares of CVS Health Corp (NYSE:CVS) are trading higher on Wednesday after Glenview Capital, an activist investor with a $700 million stake in the company, denied rumors that it is pushing to break up ...
CVS Health announced on Tuesday it plans to lay off about 2,900 employees, which constitutes less than 1% of its total ...
CVS Health Corp. said Monday it will slash another 2,900 jobs nationwide, most of them corporate jobs, with some of the ...