Business > Health

CVS Health's forecast points to more pain at long-term care business

1 month ago   |   By Reuters

CVS Health Corp blamed weakness in its long-term healthcare business for a shortfall in its full-year profit forecast, indicating more troubles at the unit it bought about four years ago.
Read more ...

 

CVS tumbles after saying Aetna integration will cause some earnings headwinds

CVS tumbles after saying Aetna integration will cause some earnings headwinds

1 month ago   |   By Business Insider

CVS Health beat on both the top and bottom lines.
But the high end of its full-year profit guidance fell short of Wall Street estimates.
The company said its integration with Aetna will cause some headwinds in 2019.
Watch CVS Health trade live.
CVS Health was down more than 7% to $64.88 a share early Wednesday after delivering disappointing full-year earnings guidance.
The drug-store giant reported adjusted earnings of $2.14 a share in the fourth quarter, beating the Bloomberg consensus by $0.06. It netted $54.42 billion in revenue, topping the $53.36 billion that was expected. CVS said...
Read more ...

 

CVS Health's full-year profit forecast misses estimates

1 month ago   |   By Reuters

CVS Health Corp forecast full-year profit well below Wall Street estimates on Wednesday due to weakness in its long-term healthcare services business, sending its shares down 5 percent.
Read more ...

 


Search by Tags

   Health      BusinessNews  


Chicago police have dropped charges against Jussie Smollett after he was...

Chicago police have dropped charges against Jussie Smollett after he was accused of faking a hate crime to get a better salary on "Empire"

Chicago police have dropped charges against Jussie Smollett, two weeks after he pleaded not guilty to 16 felony counts of disorderly conduct. Smollett had been accused of... Read more ...

Apple has unveiled its long-awaited streaming TV service, Apple TV Plus...

Apple has unveiled its long-awaited streaming TV service, Apple TV Plus. Here's how it compares to the other big streaming services, from Netflix to Prime Video

Apple's newly announced Apple TV Plus streaming service competes with current streaming services, like Netflix , Amazon Prime Video, and Hulu . Each have different features... Read more ...

Pentagon Authorizes $1 Billion For Fence Construction At Mexico Border

Pentagon Authorizes $1 Billion For Fence Construction At Mexico Border

The money nearly doubles the $1.3 billion Congress authorized for border wall funding - a move made possible after President Trump declared a national emergency. (Image credit... Read more ...

The new Apple News update is crashing on all Apple devices the morning after...

The new Apple News update is crashing on all Apple devices the morning after the launch of Apple News Plus

The Apple News app is crashing on iPhones, iPads, and Macs less than 24 hours after Apple released a new paid subscription service, Apple News Plus. People started reporting... Read more ...

ANALYSIS: How Apple Card is poised to accelerate Apple's payments business

ANALYSIS: How Apple Card is poised to accelerate Apple's payments business

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Premium subscribers. To receive the full story plus other insights each morning, Read more ...

Spotify acquires story-based podcasting studio Parcast

Spotify acquires story-based podcasting studio Parcast

Spotify has acquired its third podcast startup in less than 2 months, as the audio-streaming giant has now snapped up story-based podcasting studio Parcast. Read more ...

Ryanair offered a 'Geography for Dummies' book to British Airways after it...

Ryanair offered a 'Geography for Dummies' book to British Airways after it accidentally flew a plane to Scotland instead of Germany

Ryanair mocked British Airways for accidentally flying a plane to Scotland instead of Germany. The low-cost airline offered its rival a copy of "Geography for Dummies." Twitter... Read more ...

IT'S HERE: Apple finally unveils its streaming TV service, Apple TV Channels

IT'S HERE: Apple finally unveils its streaming TV service, Apple TV Channels

Apple finally unveiled its long-rumored TV streaming service at an event on Monday. The service is Apple's latest venture into the television business. Apple announced the new... Read more ...

The inverted yield curve will cause asset bubbles not recession, economist says

The inverted yield curve will cause asset bubbles not recession, economist says

A yield curve inversion, which occurred last week, often signals a recession is coming in the medium-term. Last week's yield curve inversion is different argues RBC Chief US... Read more ...

Conor McGregor told Jimmy Fallon he was 'set for life' right before...

Conor McGregor told Jimmy Fallon he was 'set for life' right before announcing his retirement from MMA

Conor McGregor told Jimmy Fallon he was "set for life" right before announcing his retirement from MMA. McGregor appeared on "The Tonight Show Starring Jimmy Fallon" on Monday... Read more ...