Shares of CVS Health Corp (NYSE: CVS) are trading higher on Wednesday after Glenview Capital, an activist investor with a ...
CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...
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 ...
A key hedge fund investor for CVS Health will meet with the company's top brass today in a move that signals a potential ...
"We have mixed views about a potential breakup of the CVS Health assets," BofA analysts said in a research note on Tuesday. "In a normal environment, it could be reasonable to assume that the health ...
CVS Health Corporation (CVS) is set to cut approximately 2,900 jobs as part of a multiyear, $2 billion cost-saving initiative ...
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.
Conversations about breaking up CVS Health Corp. have been going on for months involving management and the board, predating ...
CVS Health, which is already shutting stores to reduce costs, now plans layoffs of about 2,900 employees in a belt-tightening ...
According to the Journal, Glenview owns roughly $700 million of CVS stock, or about 1% of the company's outstanding shares.