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CVS Health Corp (NYSE:CVS) Suspends Sale of Zantac Over Cancer Concerns

CVS Health Corp (NYSE:CVS) has announced that will no longer sell heartburn drug Zantac which the FDA is investigating for links to cancer. The company announced on Saturday that it was suspending over-the-counter sales of the drug as a caution. Zantac could have cancer casing carcinogen The move comes after concerns from several countries about […]

Reacting to Rising Demand, CV Sciences Aims for 500+ Acres of Hemp CBD Production

With the 2018 U.S. Farm Bill unshackling hemp from its cousin cannabis and making hemp legal from coast-to-coast, farmers across the country began positioning for what was already explosive industry growth. According Vote Hemp, 78,176 acres of licensed industrial hemp were grown last year, an eight-fold increase from the advocacy group’s first crop report in 2016. […]

Is CVS Health Corp (NYSE:CVS) entering into block chain ?

We all witnessed Eastman Kodak Co (NYSE:KODK) shares more than double on blockchain news and looks like its breathing a new life. Could CVS be next? A new domain registration has popped up in the name of cvshealthblockchain.com. Interestingly, this domain is registered with the same address as CVS Pharmacy, Inc with the following details: Admin […]

CVS Health Corp (NYSE:CVS) and Optum Expansion Triggers Hospital Consolidation

Only a week after CVS Health Corp (NYSE:CVS) announced it had acquired health insurer Aetna, a number of faith based not-for-profit hospital operators are consolidating to form regional health giants to ward off competition. With the expansion of CVS Health and Optum, which intend to acquire dozens of doctor clinics, low cost health providers and […]

CVS Health Corp (NYSE:CVS) To Rebuild Baltimore Store Ruined In Freddie Gray Riots

One of the Baltimore City spokespersons publicly announced that CVS Health Corp (NYSE:CVS) will commence the rebuilding the health pharmacy shop which suffered a lot of destruction during civil protests and riots. The riots that took place a week ago left the pharmacy store in ruins. The riots erupted after what had been a peaceful […]

CVS Health Corp (NYSE:CVS) Enter Into New Clinical Affiliations With Three Academic Medical Center

Boston, MA 09/25/2014 (wallstreetpr) – According to reports, CVS Health Corp (NYSE:CVS) has announced to enter into clinical affiliations with three academic medical centers. The main objective of this deal is nothing but to increase the high-quality health care service for patients at very affordable rates. Insights of the clinical affiliation deal: CVS Health Corp (NYSE:CVS) […]

CVS Health Corp (NYSE:CVS) Announces Completion of Navarro Discount Pharmacy Acquisition

Boston, MA 09/09/2014 (wallstreetpr) – Provider of health services CVS Health Corp (NYSE:CVS) disclosed that it has completed the Miami-based Navarro Discount Pharmacy store acquisition. This would strengthen the company’s service to Hispanic community. Brand Name The company said that it was aware of the Navarro brand and its strength since it has over five decades of […]

Wall Street Digest: CVS Caremark Corporation (NYSE:CVS), Synaptics, Incorporated (NASDAQ:SYNA), KBR, Inc. (NYSE:KBR)

Boston, MA 05/29/2014 (wallstreetpr) – CVS Caremark Corporation (NYSE:CVS) will forfeit $2 billion in future revenue following its decision to exit tobacco business for good. According to CEO Larry Merlo and other company officials, selling of tobacco products contradicts the company’s commitment to the health of its customers. Analysts and pundits believe that the deft […]

CVS Caremark Corporation (NYSE:CVS) Hears A ‘No’ From Brazil’s DPSP

Boston, MA 05/23/2014 (wallstreetpr) – As per Reuters, a Brazilian drugstore, DPSP, has rebuffed the bid offer that CVS Caremark Corporation (NYSE:CVS) had made to acquire it. Citing a news magazine Exame, Reuters reported that CVS had offered as much as $2 billion ($4.5 billion reais) to buy out the company. DPSP Turns Down $2B […]

CVS Caremark Corporation (NYSE:CVS) Q1 Profits up by 18%

Boston, MA 05/09/2014 (wallstreetpr) – New acquisitions and generic drugs helped CVS Caremark Corporation (NYSE:CVS) reach a milestone in terms of first quarter earnings that were up by 18%, despite experiencing the full wrath of the harsh weather conditions in the quarter. CVS Caremark Corporation runs the second largest drug store in the U.S with more […]

Walgreen Company (NYSE:WAG): It Was Pleasure Doing Business In April

Boston, MA 05/06/2014 (wallstreetpr) – Walgreen Company (NYSE:WAG) joined its rivals and peers in reporting significant sales improvement in April. The company also joined its peers in witnessing weak sales in March. But it was Easter that made all the difference. The fact the Easter fell in April as opposed to March denied the drugstore retailer […]

Rite Aid Corporation (NYSE:RAD) Finally Tuned Up For Growth

Boston, MA 04/24/2014 (wallstreetpr) – Finally Rite Aid Corporation (NYSE:RAD), the third-largest drugstore in the U.S. is approaching towards stability after years of struggle in the Industry. Its recent release of fourth quarter profits proves the point as how the company has been able to move beyond its loss making years and establish itself as a […]

CVS Caremark Corporation (NYSE:CVS) Looks To A Comeback

Boston, MA 04/09/2014 (wallstreetpr) – It has been a painful period for the pharmacy services and retailer  CVS Caremark Corporation (NYSE:CVS). The company suffered reputation damage as its faithfulness to investors and accounting practices came under the microscope. However, the company announced that issues relating to its questionable accounting and improper reporting have been fully resolved. […]

Spotted: Rite Aid Corporation (NYSE:RAD), Pfizer Inc. (NYSE:PFE), Ford Motor Company (NYSE:F)

Boston, MA 02/26/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) managed to attain 2.6 percent growth, sending the share of the company up to $6.70 by bell time Tuesday. That followed announcement that RAD had inked a new distribution deal for its generic drugs with long-time partner McKesson Corp. (NYSE:MCK). The newly announced deal reflects a […]

Hot in the News: BlackBerry Ltd (NASDAQ:BBRY), CVS Caremark Corporation (NYSE:CVS), GT Advanced Technologies Inc (NASDAQ:GTAT)

Boston, MA 02/12/2014 (wallstreetpr) –  BlackBerry Ltd (NASDAQ:BBRY) has announced the exit of one of its long-serving executives and a man leading BlackBerry Messenger (BBM). The company stated Monday that Andrew Bocking had stepped down and would depart the company. Yet the team at BBM will remain intact, only that they will now report to […]

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