CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the ...

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 ...

Glenview Capital Management has denied media reports that it is "pushing for a break-up" of CVS Health. The Wall Street Journal on Monday published an "exclusive" story headlined, "Glenview Capital ...

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 ...