CVS Health Slashes FY24 Outlook; Stock Down 11% - Update

P&G Recalls 8.2 Mln Defective Laundry Detergent Packets

Consumer goods giant Procter & Gamble Co. has called back around 8.2 million defective bags of Tide, Gain, Ace and Ariel laundry detergent packets distributed in the United States citing risk of serious injury, the U.S. Consumer Product Safety Commission announced. In addition, about 56,741 were sold in Canada. According to the agency, the outer packaging meant to prevent access to the contents...

RTTNews | 44 days ago

Walgreens, CVS To Sell Abortion Pill Mifepristone Starting In March

Pharmacy majors Walgreens Boot Alliance Inc. and CVS Health Corp. will start selling abortion pill mifepristone this month at stores in several states where it is legal. Both companies have received certification from the U.S. Food and Drug Administration to dispense the pill at their retail pharmacies.

RTTNews | 79 days ago

CVS Health Lowers FY24 Outlook - Update

While reporting financial results for the fourth quarter on Wednesday, CVS Health (CVS) lowered its earnings and adjusted earnings guidance for the full-year 2024.

RTTNews | 105 days ago

CVS Health Confirms Tom Cowhey As New CFO

CVS Health (CVS) announced Friday that Senior Vice President of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company's next CFO.

RTTNews | 138 days ago

CVS To Remove Some Cold, Cough Medicines With Phenylephrine

CVS Health is removing certain over-the-counter or OTC cold and cough products with phenylephrine as the only active ingredient from its Pharmacy stores, reports said. The decision follows the U.S. Food and Drug Administration Advisory Committee's position on oral phenylephrine or PE.

RTTNews | 215 days ago

FDA Warns CVS Health, Walgreens Against Unapproved Eye Products

The U.S. Food and Drug Administration has warned eight companies including CVS Health and Walgreens Boots Alliance, Inc. against manufacturing or marketing unapproved ophthalmic drug products in violation of federal law. The agency has issued warning letters to these companies as part of its ongoing effort to protect Americans from potentially harmful ophthalmic products.

RTTNews | 252 days ago

CVS Health Confirms FY23 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Wednesday, CVS Health (CVS) on Thursday lowered its earnings guidance for the full-year 2023, while confirming annual adjusted earnings outlook.

RTTNews | 294 days ago

CVS, Walmart To Cut Pharmacy Working Hours : WSJ

CVS Health Corp. (CVS) and retail giant Walmart Inc. (WMT) are set to reduce pharmacy hours as staffing squeeze continues at their respective pharmacies across the United States, according to a Wall Street Journal report on Friday.

RTTNews | 481 days ago

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