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CVS, Glenview
Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report
Hedge fund mogul Larry Robbins will meet with executives at struggling drugstore chain CVS on Monday to present a turnaround plan that the Glenview Capital founder hopes will improve the
CVS’s stock rises nearly 2% on report of meeting with hedge fund Glenview Capital
CVS Health Corp.’s stock rose 2.6% Monday after a report surfaced of a meeting between the health-care company and its major hedge-fund investor, Glenview Capital Management. CVS’s stock rose $1.65 to $63.
CVS Health Stock Gains on Report of Planned Meeting With Glenview Capital
Key Takeaways CVS Health executives and hedge fund Glenview Capital Management were reportedly planning to meet today to discuss a shakeup of the pharmacy and health care company's operations.The Wall Street Journal said the move suggests that Glenview founder and CEO Larry Robbins has confidence he can get changes made.
CVS Health Reportedly Mulls Breakup
CVS to cut 2,900 jobs and is reportedly mulling a breakup
The layoffs will be focused on corporate jobs, not frontline pharmacy, retail, or distribution workers, but more dramatic changes could be coming soon.
CVS Health to cut 2,900 jobs
CVS Health is slashing its headcount by 2,900, or 1% of its total workforce. The layoffs will largely focus on corporate positions, a spokesperson said.
CVS Health Reportedly Mulls Breakup, To Cut 2,900 Jobs
CVS Health Corp. is conducting a strategic review of options including a possible breakup amid issues from its drugstore chain and
Fierce Healthcare
1d
Glenview Capital says it's not pushing CVS to break up
A key hedge fund investor for CVS Health will meet with the company's top brass today in a move that signals a potential ...
Modern Healthcare
2d
CVS conducting strategic review, considering breakup
CVS in August cut its 2024 earnings forecast for a third straight quarter amid rising costs of patient care for its Aetna ...
21h
CVS to lay off 2,900 corporate workers
About 2,900 jobs will be eliminated — less than 1% of the company's total global workforce — and most of the affected jobs ...
2d
CVS Health in Focus as Activist Investor Prepares for High-Level Talks
CVS Health Corp (NYSE:CVS) is set to face renewed pressure as hedge fund Glenview Capital Management, led by founder Larry ...
Hartford Business
2d
Aetna parent CVS Health plans 2,900 layoffs
CVS Health, parent company of Hartford health insurer Aetna, told employees Monday it will cut 1% of its workforce, or about ...
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