Carol Wolf
Toll-road woes show risk of loans lawmakers aim to expand
WASHINGTON - Democratic and Republican leaders in Congress are united in pushing an eightfold boost to a loan program designed to attract private highway...
CVS Caremark profit falls 20% on lower sales in pharmacy-benefits division
(Updated, 11 a.m.)
WOONSOCKET - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., said third-quarter profit fell 20 percent thanks to...
Walgreen said to seek sale of pharmacy-benefits unit, CVS interested
DEERFIELD, Ill. - Walgreen Co., the largest U.S. drug- store chain, is looking to sell its pharmacy-benefits management business and has hired an adviser...
CVS says free cash flow may double to $5 billion
WOONSOCKET - CVS Caremark Corp., the largest U.S. provider of prescription drugs, said free cash flow may double to $5 billion by 2015.
The drugstore...
Walgreen Co.’s profit rises 7.8% as new store format boosts sales
DEERFIELD, Ill. - Walgreen Co., the largest U.S. drugstore chain, said fourth-quarter profit rose 7.8 percent after remodeling its stores to prompt customers...
CVS Caremark cuts Medicare bids to regain prescription drug business
WOONSOCKET – CVS Caremark Corp., the largest U.S. buyer and seller of prescription drugs, is cutting proposed prices for some Medicare services, aiming to...
Conn. subpoenas CVS on drug discounts
NEW YORK – Conn. Attorney General Richard Blumenthal said he is probing CVS Caremark Corp.’s threat to scrap a discount drug plan because the...
CVS-Walgreen deal ends 11-day dispute
WOONSOCKET – CVS Caremark Corp. and Walgreen Co., the largest U.S. drugstore chains, agreed to allow CVS pharmacy-benefits customers to keep filling prescriptions at...
CVS to buy back up to $2B of shares
(Updated, 3:45 p.m.)
WOONSOCKET – CVS Caremark Corp., the largest U.S. provider of prescription drugs, plans to buy back as much as $2 billion of...
CVS refill plan angers local pharmacists
WASHINGTON – Independent pharmacies say they are getting squeezed by a CVS Caremark Corp. drug refill program that restricts where participants can buy prescriptions.
The...
