CVS Caremark disclosed unexpected problems in its PBM business yesterday, spooking investors and sending its stock down by 20%. See Dow Jones’ coverage: CVS' Pharmacy Benefit Struggles Renew Merger Benefits Debate Judging by the financials, it sure looks like CVS Caremark has sacrificed its PBM business for the benefit of the retail pharmacy business. They are also having trouble explaining how...
Representatives from the state government awarded Carlsbad's Kelly Elementary School with a $5,000 check Thursday for physical fitness equipment and a $1,000 gift card to CVS/pharmacy for school supplies.
On November 11, 1999 Terry Kelly was in a drug store in Dartmouth, Nova Scotia. At 10:55 AM an announcement came over the store’s PA asking customers who would still be on the premises at 11:00 AM to give two minutes of silence in respect to the veterans who have sacrificed so much for us. Terry was impressed with the store’s leadership role in adopting the Legion’s “two minutes...
Today has been a wonderful, if very long, day. I was up bright and early fo r my LUVU training day [although sadly the weather remained its dismal self - it has literally not stopped raining for what must be weeks now!] and got there bang on time. Of course, it took a while to get started as everyone else got sorted but that gave me a few minutes to talk to the people sat nearby, so that was alright....
As a huge Star Trek fan, I was enthralled by this news story about the first "replicator" that's been invented. It's not really a replicator, but it's close enough to make me think that we'll have that kind of technology someday. Hawaiian Airlines is celebrating its 80th anniversary this year. If you're a member of HawaiianMiles, their frequent flyer program, you can get 80 free miles just...
By Tom Nicholson As more and more people have jobs that use the computer and require long periods of time typing, more people are suffering from carpal tunnel syndrome. The information age has brought about large changes in the nature of the work-a-day world. No longer are we employed in jobs that require the use of large motions and movements. Instead we are confined to a seated position throughout...
Oh what a groovy day. Not. As always, went shopping with my mother, a little bit for myself, mostly for things she might need around the house, since I'm here to carry and install shit for her. The thing you need to know for later is that my mother has two wallets - one for cash, one for credit cards and ID. We get to Costco and she discovers she doesn't have the 2nd wallet with her, no Costco card....
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE:RAD) announced today that Mary Sammons, chairman and chief executive officer, and Frank Vitrano, chief financial and chief administrative officer, will address the Credit Suisse Healthcare Conference on November 12, 2009. Rite Aid’s presentation is scheduled for approximately 4:00 p.m. MST (6 p.m. EST). Slides from the presentation will...
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ambercrombie & Fitch Co. (NYSE: ANF), Costco (Nasdaq: COST), Target (NYSE: TGT), Walgreen Co. (NYSE: WAG) and Rite Aid (NYSE: RAD)....
Thursday brought news that CVS Caremark has lost a couple of big PBM clients and that its business practices are being investigated by the Federal Trade Commission. via thedeal.com Posted via web from Jack's posterous
WAREHAM - A 27-year-old Wareham man is charged with unarmed robbery and larceny of drugs after handing a note demanding drugs to an associate at the Rite Aid Pharmacy on Marion...
The Wall Street Journal follows up this morning on its report on CVS Caremark's business practices six months ago. The Federal Trade Commission is investigating the company's doings, which the Journal in May reported include blatantly anticompetitive stuff like raising co-pays for people who shop at non-CVS pharmacies. Caremark is a pharmacy-benefits manager that merged with CVS, the big...