Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and 200-day moving averages, the stock is likely to maintain its bearish momentum ...

Key Takeaways The S&P 500 gained 0.8% on Wednesday, Dec. 11, 2024, as data showed inflation remaining sticky but matching forecasts, bolstering rate-cut expectations.Broadcom shares surged following ...

1. Sen. Elizabeth Warren, D-Mass., Sen. Josh Hawley, R-Mo., Rep. Diana Harshbarger, R-Tenn., and Rep. Jake Auchincloss, D-Mass., introduced the bill, which would prohibit the joint ownership of PBMs ...

Pharmacy benefit manager shares dropped sharply Wednesday as lawmakers introduced bipartisan legislation requiring health ...

The bipartisan bills would remove the middlemen who influence prices for prescriptions, making healthcare companies divest ...

A third of U.S. pharmacies have closed since 2010. Among them, both independent and chain pharmacies struggling to make money in the industry.

CVS could wind up as the only pharmacy stock in the U.S. if Walgreens goes private. But the drugstore chain, worth about $65 ...

CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of pharmacy benefit ...

New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.

A bipartisan group of lawmakers introduced legislation that would force the breakup of pharmacy benefit managers (PBMs), the ...

Senators Josh Hawley and Elizabeth Warren are teaming up on a bill that targets pharmacy benefit managers (PBMs) as the health care industry faces growing scrutiny following last week's shooting of ...

Cigna Corp. (CI), which owns the PBM Express Scripts, led the decliners and was down 5.5% to put the stock on track for its biggest one-day selloff in a year. The last time the stock fell more was Nov ...