ToplineA spate of pharmacy closings in Boston have drawn protests as more than 1,000 drug store chain locations across the country have closed, reigniting long standing concerns that low-income, Black and Latino Americans are bearing the brunt as pharmacies continue to disappear amid increased competition and other factors.A Walgreens pharmacy and store closing sign at entrance, Queens, New York. UCG/Universal Images Group via Getty Images Key FactsRite Aid, Walgreens and CVS have, over the last two years, ...

Telehealth stocks fell off the collective radar somewhat post-pandemic. But betting against the sector isn’t smart because healthcare’s future is undoubtedly anchored in virtual offerings for routine and non-emergent care. While some claim the pandemic accelerated telehealth by as much as 10 years, it’s inarguable that we’ve entered a new era of at-home primary and specialty care.Last year, more than 20% of all adults had at least one telehealth visit, and the overall utilization rate increased more than 60 ...

WOONSOCKET, R.I., Jan. 12, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) will hold a conference call with analysts and investors on Wednesday, February 7, 2024, at 8:00 a.m. ET to discuss fourth quarter and full year 2023 financial results.An audio webcast of the event will be broadcast simultaneously on the Investor Relations portion of the CVS Health website at investors.cvshealth.com where it will be archived for a period of one year. CVS Health logo (PRNewsFoto/CVS Health) About CVS HealthCVS Health ...

CVS Health Corp (NYSE:CVS) plans to shut some of the pharmacies located in American retailer Target Corporation (NYSE:TGT)'s department stores from next month, according to reports.   The move forms part of efforts by CVS, which trades shares on the London and New York stock exchanges, to reduce the number of stores on the ground as it shifts its strategy towards being a health service provider.   CVS is expected to close pharmacies from February through to April, and dozens of pharmacies could be shuttered ...

Miami Beach, Florida, Target discount department store, CVS pharmacy, feminine hygiene products. ... [+] (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)Jeffrey Greenberg/Universal Images Group via Getty ImagesCVS Health, which paid nearly $2 billion to buy the pharmacy and clinic business of retail giant Target eight years ago, is shuttering “select CVS Pharmacy in Target locations in early 2024,” the drugstore giant said Thursday.CVS has more than 9,000 total CVS Pharmacy locations, i ...

CVS Health said Thursday it will close some pharmacies that operate inside Target stores during the first several months of the year.The closures will begin in February and be completed by the end of April, a company spokesperson said. Prescriptions will be transferred to a nearby CVS Pharmacy prior to closing, the spokesperson added.The Wall Street Journal reported dozens of pharmacies are affected.The closures will begin in February and be completed by the end of April, CVS said. CVS Health via AP ImagesU ...

CVS Health Corp. on Thursday said it would close “select” pharmacies set up in Target Corp. stores starting next month, as it tries to shrink its store counts and become more of a health-services provider amid thinner profits for drugstores. A representative for the chain said the closures would begin in February and run through April. She declined to provide specific numbers and locations. The Wall Street Journal, which first reported the news, said that “dozens” of those pharmacies would be closed. Patien ...

CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will begin in February and finish by the end of April, the spokesperson said in a statement. She added that employees affected by the closures will be offered comparable roles within CVS. The spokesperson did not disclose how many stores would be shuttered, but a report from the Wall Street Journal on Thursday sa ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider CVS Health (CVS) . This company, which is in the Zacks Retail - Pharmacies and Drug Stores industry, shows potential for another earnings beat.This drugstore chain and pharmacy benefits manager has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an av ...

The latest trading session saw CVS Health (CVS) ending at $79.24, denoting a -1.39% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw an increase of 0.75%.Prior to today's trading, shares of the drugstore chain and pharmacy benefits manager had gained 9.2% over the past month. This has outpaced the Retail-Wholesale sector's gain of 3.95% and the S&P 5 ...