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 ...

About 2,900 jobs will be eliminated — less than 1% of the company's total global workforce — and most of the affected jobs ...

CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...

That aggressive stance comes to mind hearing another hedge-fund manager, Jim Roppel, talking with MarketWatch sister ...

The announcements by Cigna, CVS, Humana, Centene, and UnitedHealth were made ahead of the beginning of Medicare Advantage enrollment, which begins Oct. 15. Among other news, a top California health ...

CVS Health announced on Tuesday it plans to lay off about 2,900 employees, which constitutes less than 1% of its total ...

Around the time of the announcement that Glenview Capital Management may pressure CVS to enact changes, The Wall Street ...

The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.

Stock futures were lower on Wednesday as the prospect of a widening Middle East conflict weighed, while oil prices extended gains, boosting Occidental Petroleum and ConocoPhillips premarket. Investors ...

CVS is considering a breakup and other strategic alternatives as pressure from investors builds on management in the midst of ...

The reductions, part of the company's previously announced plan, would primarily impact corporate roles and not frontline ...

Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...