• US stocks rise as tech and internet companies bounce back

    13 days ago - By Chron

    NEW YORK - U.S. stocks are rising Tuesday morning as technology stocks recover some of the big losses they took over the last month. Companies including CVS Health and Booking Holdings are rising after releasing strong third quarter reports. Stocks have settled down in the last few days as traders wait for results from midterm elections.
    KEEPING SCORE: The S&P 500 index rose 10 points, or 0.4 percent, to 2,748 as of 10 a.m. Eastern time. The Dow Jones Industrial Average edged up 58 points, or 0.2 percent, to 25,520. The Nasdaq composite jumped 57 points, or 0.8 percent, to 7,385. The...
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  • CVS quarterly profit beats; expects to close Aetna deal this month

    13 days ago - By Reuters

    CVS Health Corp , which expects to close its $69 billion purchase of Aetna Inc this month, reported third-quarter profit that beat analysts' estimates on higher sales of prescription drugs.
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  • CVS results beat on demand for prescription drugs, beauty products

    13 days ago - By Reuters

    CVS Health Corp's third-quarter profit beat analysts' estimates on Tuesday, as it benefited from higher sales of prescription drugs as well as consumer health and beauty products.
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  • CVS Health tops 3Q earnings forecasts, backs 2018 outlook

    13 days ago - By Chron

    Lower taxes and a jump in prescriptions is helping push CVS Health past third-quarter expectations.
    The drugstore chain and pharmacy benefit manager said Tuesday that its net income climbed 8 percent to $1.39 billion, while adjusted earnings per share totaled $1.73. Revenue rose 2 percent to $47.27 billion.
    Analysts expect, on average, third-quarter earnings of $1.71 per share on $47.2 billion in revenue, according to FactSet.
    The company also reaffirmed its forecast for 2018 adjusted earnings of between $6.98 and $7.08 per share. Analysts predict earnings of $7.04 per share.
    CVS Health...
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  • CVS Health quarterly profit beats estimates

    13 days ago - By Reuters

    CVS Health Corp's third-quarter profit beat analysts' estimates on Tuesday, helped by strong sales of prescription drugs at its pharmacy stores.
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  • CVS Health quarterly profit rises 8 percent

    13 days ago - By Reuters

    CVS Health Corp reported an 8.2 percent rise in quarterly profit on Tuesday, helped by higher sales of prescription drugs at its stores and a smaller tax bill.
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