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Stocks

“CVS shares plummet as health company slashes profit outlook on higher medical costs”

“CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs that are dogging the U.S. insurance industry. Shares of the company closed more than 16% lower on Wednesday, and were headed… Continue Reading…

Business, Economy

“CVS to shed 5,000 jobs in cost-cutting push – WSJ”

“U.S. pharmacy chain CVS Health is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. In an emailed response to Reuters, CVS confirmed the company was laying off some non-customer facing employees to cut costs,… Continue Reading…

Business, Stocks

“CVS to buy home health giant Signify Health for about $8 billion”

“CVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday. CVS said it will pay $30.50 a share in cash for Signify, an acquisition that would build on its growing health-care services.… Continue Reading…

Stocks

“9 Growth Stocks That Also Pay Dividends”

“Nine growth stocks that also pay dividends: — Anthem (ANTM) — Becton, Dickinson (BDX) — Cigna (CI) — Equitrans Midstream (ETRN) — CVS Health (CVS) — Domino’s Pizza (DPZ) — Invitation Homes (INVH) — Northrop Grumman (NOC) — Taiwan Semiconductor… Continue Reading…

Stocks

“Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks”

“Baxter International (BAX)… Overall, the analyst consensus rating on Baxter is a Strong Buy, based on 12 reviews that include 11 Buys against just a single Hold. The stock is selling for $78, and its $95 average price target suggest it… Continue Reading…