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CVS reports $1.4B Q3 profit, expects to close Aetna deal by...

WOONSOCKET – CVS Health Corp. posted a profit of $1.4 billion in the third quarter, an 8.2 percent increase year over year, as diluted...
CVS HEALTH reported a net income of $1.4 billion in the third quarter of 2018 and noted that it expected the Aetna acquisition to be completed by Thanksgiving. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS reports $1.4B Q3 profit, expects to close Aetna deal by...

WOONSOCKET – CVS Health Corp. posted net income of $1.4 billion in the third quarter of 2018, an 8.2 percent increase year over year,...

CVS’ top exec sees another decrease in compensation in ’17

WOONSOCKET – CVS Health Corp.’s President and CEO Larry J. Merlo saw a decrease in his total compensation in 2017, marking the third consecutive...
SKEPTICS OF THE proposed CVS-Aetna merger are critical of the assertion that the average consumer will benefit from any of the combined company's anticipated cost savings. /BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Skeptical voices gather against CVS-Aetna merger

WOONSOCKET — CVS Health Corp. and Aetna Inc. have billed their pending $67.5 billion merger as a force for positive change in the health...
DERICA RICE, former chief financial officer of Eli Lilly, has been named president of pharmacy benefits managment company CVS Caremark and will begin in that role March 30. / COURTESY CVS HEALTH

CVS Health names Rice president of CVS Caremark

WOONSOCKET – CVS Health Corp. has announced Derica W. Rice, recently retired Eli Lilly chief financial officer, as the new president of CVS Caremark, the...
ACCORDING TO A PRELIMINARY prospectus, the value of the CVS Health purchase of Aetna is $69.7 billion. But the market value of Aetna as of the close of the markets Friday was $6.7 billion short of that figure. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Market skeptical of CVS-Aetna merger valuation

WOONSOCKET – CVS Health Corp.’s preliminary prospectus for shareholders filed with the Securities and Exchange Commission Friday afternoon values its merger with Aetna Inc....
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