Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...
Oct 1 (Reuters) - CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.
Glenview Capital denies pushing for a breakup of CVS Health (CVS), states they are focused on strengthening the company's ...
Glenview Capital Management will meet with top CVS executives to exchange ideas on how to make improvements at the healthcare company, according to a report from The Wall Street Journal.
Splitting the healthcare company into stand-alone pharmacy or health insurance businesses could leave each struggling.
Glenview and CVS Leadership are engaged in good faith and constructive conversations through which Glenview is offering suggestions to enhance the governance, culture, efficiency, sustainability and ...
"We have mixed views about a potential breakup of the CVS Health assets," BofA analysts said in a research note on Tuesday. "In a normal environment, it could be reasonable to assume that the health ...
Information about the victim was not immediately available, though Amtrak released a statement saying the Cook County Medical Examiner’s Office was called to the scene, which would indicate the ...
CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion.These ...
CVS Health Corporation (CVS) is set to cut approximately 2,900 jobs as part of a multiyear, $2 billion cost-saving initiative ...
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.
The nation’s largest drugmaker said the job cuts would affect corporate roles, not "frontline jobs in our stores, pharmacies ...