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Stock Market & Financial Investment News

News Breaks
January 30, 2014
07:39 EDTCAH, CVSCardinal Health sees CVS Caremark venture operational as soon as July 1
In December 2013, Cardinal Health (CAH) and CVS Caremark (CVS) announced the signing of an agreement to form the largest generic sourcing entity in the U.S. Both companies are contributing their sourcing and supply chain expertise to the 50/50 joint venture and are committing to source generic drugs through it. The U.S.-based joint venture is expected to be operational as soon as July 1 and will have an initial term of 10 years, Cardinal said.
News For CAH;CVS From The Last 14 Days
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October 21, 2014
08:03 EDTCVSCVS offering drug plan with higher co-pay at stores selling tobacco, WSJ says
CVS Health (CVS), which stopped selling tobacco products last month, is now offering a prescription-drug plan via its pharmacy benefits unit Caremark that charges patients copayments that are up to $15 higher on prescriptions filled where tobacco is sold, which includes at rival pharmacies operated by Walgreen (WAG) and Rite-Aid (RAD), reported The Wall Street Journal. Reference Link
October 16, 2014
16:20 EDTCAHMcKesson initiated with an Outperform at RBC Capital
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16:18 EDTCAHCardinal Health initiated with an Outperform at RBC Capital
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October 13, 2014
07:39 EDTCVSPharmaceutical Care Management Association to hold annual meeting
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07:37 EDTCAHAmerican Society of Anesthesiologists to hold annual meeting
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