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 3% on report of meeting with large 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 Rises After Report of Meeting With Investor Glenview
CVS Health Corp. shares jumped after a report that executives will meet Monday with investor Glenview Capital Management on how it can improve operations amid a long drop in share value.
Glenview to meet top CVS execs, propose operational improvements, WSJ reports
(Reuters) -Healthcare-focused Glenview Capital Management will meet top executives at struggling healthcare company CVS Health on Monday to propose ways it can improve operations, The Wall Street Journal reported on Sunday.
CVS Health Shares Rise on Report Over Glenview Capital Plans Push for Changes
The slated meeting, between CVS and Glenview Capital Management, could be the beginning of an activist stance by the hedge fund, the Journal reported Sunday. citing people close to the matter. Larry Robbins,
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.
Report: Hedge fund CEO pitches improvement plan to CVS execs
A major investor is reportedly meeting with CVS executives today amid growing impatience with the company's financial performance.
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