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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:01 EDTCVSCVS Caremark responds to CMS action
CVS Caremark is working to resolve service issues related to its SilverScript Medicare Part D Prescription Drug Plan. Issues with SilverScript enrollment processing resulted from an enrollment system conversion and brought about an increase in call volume and issues related to claims processing, including, in some instances, not being able to have claims adjudicated at the pharmacy. The CMS action does not affect current SilverScript members and these beneficiaries will continue to have access to covered services. Existing employer group health plans are not affected by this action; CVS Caremark health plan clients are not affected by this action. The company estimates that the sanctions should not have a material impact on its 2013 earnings.
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May 15, 2013
17:30 EDTCVSRelational Investors gives quarterly update on stakes
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May 13, 2013
09:56 EDTCVSCVS Caremark has a conference call hosted by JPMorgan
JPMorgan Analyst Gill will host a conference call with CEO Larry Merlo on May 16 at 11 am.
08:32 EDTCVSWalgreens extends CVS Caremark network provider agreement
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