西维斯健康(CVS)

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Should You Pick CVS Stock At $65?
Forbes· 2024-10-02 18:00
OCEANSIDE, NEW YORK - AUGUST 23: A general view of a CVS Pharmacy store on August 23, 2024 in ... [+] Oceanside, New York. Long Island is the home for a plethora of local and national business concerns. (Photo by Bruce Bennett/Getty Images) Getty Images CVS Health stock (NYSE: CVS) currently trades at $65 per share, 37% below its pre-inflation shock high of $102 seen in February 2022. In contrast, its peer – Walgreens stock – is down 78% over this period, amid falling profitability. The decline in CVS stock ...
Glenview Capital: We Don't Want CVS Health Broken Up
Forbes· 2024-10-02 05:37
lThe CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on ... [+] February 7, 2024. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)AFP via Getty ImagesGlenview Capital Management — a hedge fund that has been subject of certain media reports that it was pushing CVS Health management to break up the healthcare giant — denies it is “pushing for a break-up.”The Wall Street Journal Monday published a two-byline “exclusive” story head ...
Struggling CVS slashing nearly 3K jobs: ‘Industry faces continued disruption'
New York Post· 2024-10-01 23:54
CVS Health announced that it will cut 2,900 jobs as part of a cost-cutting plan.The layoffs will mostly affect corporate positions, a CVS spokesperson told FOX Business.More than 300,000 people work for CVS across its segments, according to its website. The cuts represent 1% of the company’s workforce.The job cuts will not affect front-line jobs in CVS stores, pharmacies or distribution centers, the spokesperson said.“Our industry faces continued disruption, regulatory pressures, and evolving consumer needs ...
CVS Health to cut 2,900 jobs
Fox Business· 2024-10-01 23:21
CVS Health announced that it will cut 2,900 jobs as part of a cost-cutting plan. The layoffs will mostly affect corporate positions, a CVS spokesperson told FOX Business.More than 300,000 people work for CVS across its segments, according to its website. The cuts represent 1% of the company's workforce. The job cuts will not affect front-line jobs in CVS stores, pharmacies or distribution centers, the spokesperson said. CVS CUTS OUTLOOK, PLANS $2B COST CUTTING EFFORT"Our industry faces continued disruption, ...
CVS is working with advisors on strategic review, sources say
CNBC· 2024-10-01 07:59
文章核心观点 - CVS Health公司正在进行战略评估,以应对潜在的激进投资者压力和股价严重下跌的局面 [1][2] - CVS公司CEO Karen Lynch与主要股东Glenview Capital进行会谈,讨论公司业绩滞后的问题和Glenview的复苏计划 [1] - CVS公司的保险业务受到医疗成本上升的严重打击 [1] 公司概况 - CVS Health是一家大型医疗保健公司,经营连锁药店和保险业务 [1][2] - CVS公司管理层和董事会一直在探索创造股东价值的方法 [2] - CVS公司面临领导层变动,Lynch接管了公司保险部门 [2] 股价表现 - CVS公司股价在消息公布后盘后上涨约2.5% [2] - CVS公司股价长期表现不佳,受到严重打压 [1][2]
CVS Health: Glenview's Activism Ramps Up Pressure On Management
Seeking Alpha· 2024-10-01 05:23
文章核心观点 介绍一个面向新手和有经验的生物科技投资者的投资小组,以及该小组负责人的情况 [1] 投资小组相关 - 面向新手和有经验的生物科技投资者 [1] - 提供需关注的催化剂、买卖评级、大型制药公司产品销售及预测、预测、综合财务报表、现金流折现分析和逐市场分析 [1] 小组负责人情况 - 埃德蒙·英厄姆是生物科技顾问,从事生物科技、医疗保健和制药行业研究超5年 [1] - 撰写超1000家公司的详细报告 [1] - 领导投资小组哈格斯顿生物健康 [1]
Stock Of The Day: Is It Time To Sell CVS?
Benzinga· 2024-10-01 04:33
“Sell at former peaks” is an old Wall Street expression. People say this because stocks tend to run into resistance when they rally to a price level that has been a peak. This is due to investor and trader psychology.After a large and rapid move higher, shares of CVS Health Corp CVS have stalled around the $63.30 level. As you can see on the chart, this was where the stock peaked in July. This is despite the fact that many analysts commented on the benefits of insurers evolving into integrated healthcare co ...
CVS Cuts 2900 Jobs Amid Hedge Fund Pressure
PYMNTS.com· 2024-10-01 03:01
CVS Health is reportedly meeting with a top investor on ways to enhance its business.The pharmacy/healthcare chain was set to meet Monday (Sept. 30) with hedge fund Glenview Capital Management, the Wall Street Journal (WSJ) reported, citing sources with knowledge of the matter.According to the WSJ, the meeting comes as investors seem to be growing restless with CVS, whose shares have fallen 24% this year. A source told the newspaper that Glenview’s founder, Larry Robbins, has a major position in CVS, which ...
Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report
New York Post· 2024-10-01 01:32
Hedge fund mogul Larry Robbins will meet with executives at struggling drugstore chain CVS on Monday to present a turnaround plan that the Glenview Capital founder hopes will improve the firm’s operations, according to a report.Robbins, 55, made his name with a 2012 bet on health companies that he thought would benefit from Obamacare and his fund specializes in healthcare investments. Glenview has built up a large position in CVS that represents about $700 million of Robbins’ $2.5 billion fund, according to ...
Major CVS shareholder plans activist push, will meet with management, sources say
CNBC· 2024-09-30 08:09
文章核心观点 格伦维尤资本作为CVS Health大股东预计周一与公司领导层会面提出业务整改建议 公司因连续三个季度下调全年指引致投资者信心受挫 保险和零售药房业务面临挑战 已采取削减开支和关店等措施应对 [1][2][3] 股东动态 - 格伦维尤资本建立了CVS Health的大量头寸 预计周一与公司领导层会面提出业务整改建议 或为激进推动的前奏 [1] - 今年早些时候 萨肯海德资本管理公司披露已积累了CVS的头寸 [1] - 2019年 杰富·史密斯的星港价值也在该公司建立了股份并与公司领导层进行了讨论 [2] 公司经营状况 - CVS股价年初至今下跌22% [1] - 公司连续三个季度下调全年指引 投资者信心受挫 [2] - 保险业务方面 因更多老年人进行新冠疫情期间推迟的手术 医疗成本上升冲击公司利润 8月公司宣布领导层调整 首席执行官林奇将取代保险部门总裁 [2] - 零售药房业务面临压力 处方药报销率在过去几年暴跌 通胀和消费者支出疲软使门店难以盈利 [3] 公司应对措施 - 8月公司推出新计划 未来几年削减20亿美元开支 包括精简运营和增加人工智能使用等 [3] - 公司正在完成一项为期三年关闭900家门店的计划 截至8月已关闭851家 [3]