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CVS Health tallies 2Q sales, earnings gains

CVS Health tallies 2Q sales, earnings gains

WOONSOCKET, R.I. — CVS Health saw sales climb in the second quarter and posted adjusted earnings per share in line with Wall Street’s forecast, despite the impact of costs from its pending Omnicare and Target pharmacy acquisitions. CVS said Tuesday that for the three months ended June 30, total sales rose 7.4% to $37.2 billion from

CVS refuses to be satisfied with status quo

CVS refuses to be satisfied with status quo

It was a very productive spring for CVS Health. Already performing at a level that made it the envy of most other retailers and health care providers, the company took a series of steps in May and June that will increase its chances of success in several burgeoning sectors of the marketplace. The biggest news

Acquisition takes CVS into new dispensing channel

Acquisition takes CVS into new dispensing channel

WOONSOCKET, R.I. — Boosting its services for the burgeoning senior market, CVS Health has agreed to acquire Omnicare — the nation’s largest provider of pharmaceutical services to long-term care facilities — for $12.7 billion. With the acquisition, which includes $2.3 billion in debt, CVS Health will significantly expand its ability to dispense prescriptions in assisted

CVS Health to buy Omnicare for $12.7 billion

CVS Health to buy Omnicare for $12.7 billion

  WOONSOCKET, R.I. — CVS Health is entering a new market segment with a $12.7 billion deal to acquire Omnicare, a provider of pharmacy services to long-term care facilities. CVS said Thursday that the addition of Omnicare will significantly expand its ability to dispense prescriptions in assisted living and long-term care facilities, serving the senior patient population. The

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