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J.P. Morgan Maintains Overweight on CVS Caremark
Wednesday, June 8, 2011 - 6:54am | 120J.P. Morgan is out with its report today on CVS Caremark (NYSE: CVS), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Our rating on CVS Caremark is Overweight. We are a believer in the integrated PBM-retail pharmacy model, and believe the company should gain traction in the...
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J.P. Morgan Discusses CVS' Integrated Offering
Tuesday, June 7, 2011 - 7:25am | 147As part of CVS Caremark (NYSE: CVS) Week, J.P. Morgan is discussing the company's “integrated offering.” “Given its unique position, the company has been able to develop unique programs to lower costs and improve outcomes,” J.P. Morgan writes. “Programs such as Maintenance Choice have had a...
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JP Morgan Reports on CVS Caremark
Monday, June 6, 2011 - 7:25am | 126JP Morgan commented on CVS Caremark (NYSE: CVS) in a report released today. In the report, JP Morgan was positive in its assessment of the company. JP Morgan writes, "The company has guided to an impressive target of $5.5-$6.5B in average annual cash available for enhancing shareholder value,...
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News Summary
Friday, June 3, 2011 - 8:38am | 233Shares of Walgreens Company (NYSE: WAG) fell about 0.2% after the company reported a 5.6% rise in its May same-store sales. Walgreens total May sales jumped 7% to $6.08 billion. Analysts were expecting same-store sales to increase 4.9%. Walgreens' total front-end sales surged 5.5% in May, while...
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Walgreens Reports 5.6% Surge In May Same-Store Sales
Friday, June 3, 2011 - 7:36am | 81Walgreens Company (NYSE: WAG) reported a 5.6% rise in its May same-store sales on Friday. Walgreens total May sales jumped 7% to $6.08 billion. Analysts were expecting same-store sales to increase 4.9%. Walgreens' total front-end sales surged 5.5% in May, while comparable store front-end sales...
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Stocks To Watch For June 3
Thursday, June 2, 2011 - 11:19pm | 344Some of the stocks that may grab investor focus today are: Diamond Foods Inc (NASDAQ: DMND) swung to a Q3 profit and lifted its projections for the year. DMND reported its quarterly profit at $7.7 million, or $0.34 per share, versus a loss of $4.3 million, or $0.22 per share, in the year-earlier...
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Retail Sales Roundup For June 2
Thursday, June 2, 2011 - 8:07am | 802Costco Wholesale Corp (NASDAQ: COST) reported a 13% rise in its May comparable-store sales on Thursday. The retailer's net sales surged 17% to $7.14 billion, from $6.09 billion in the year-ago month. However, analysts expected same-store sales to rise 11.2% for the month. Its same-store sales...
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Fast Money Picks For June 2nd (TLT, RSX, HK, CVS, DELL, HPQ)
Wednesday, June 1, 2011 - 7:13pm | 303CNBC Fast Money's Brian Kelly said on the show that you can stay long iShares Barclays 20+ Year Treasury Bond (ETF) (NYSE: TLT). He thinks that it will go to $100. iShares Barclays 20+ Year Treasury Bond (ETF) (TLT) gained 0.98% today, and it closed at $97.64. Mike Khouw thinks that you still have...
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The Good, The Bad & The Ugly 06-01-2011
Wednesday, June 1, 2011 - 5:51pm | 933Cusick's Corner To say that this was an ugly close is an understatement. Now here's the good and the bad. The good is that the day is over (especially if you were long). The bad is that the market was down (300 on the Dow). This was a solid distribution day with a close below the lows of yesterday...
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Options Brief: CVS Caremark Corporation
Wednesday, June 1, 2011 - 10:25am | 99Shares of CVS Caremark Corporation (NYSE: CVS) are lower on the session by 0.53%, trading at $38.48. Overall put volume is now running at 2.37x the daily average, with 7% of all puts traded being purchases on the offer. 9,001 contracts have traded on the session so far. CVS Caremark Corporation...
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Fast Money Picks For June 1st (MOS, CVS, ETN, TM)
Tuesday, May 31, 2011 - 6:30pm | 170On CNBC's Fast Money, Tim Seymour advised investors to stay with The Mosaic Company (NYSE: MOS). The Mosaic Company (MOS) gained 1.16% today, and it closed at $70.85. Guy Adami likes CVS Caremark Corporation (NYSE: CVS), and wants to buy it tomorrow. CVS Caremark Corporation (CVS) fell 0.28% today...
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Puts Purchased on Rite Aid Corporation
Tuesday, May 31, 2011 - 10:16am | 129Shares of Rite Aid Corporation (NYSE: RAD) are lower on the session by 1.89%, currently trading at $1.04. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Upgrades Downgrades, Stocks to Watch May 31
Tuesday, May 31, 2011 - 7:40am | 293Nokia (NOK) Lowers Devices & Services Second Quarter 2011 Outlook And Updates Full Year 2011 Outlook Yongve International (YONG) (CVS) CVS and Medco stocks could provide 'healthy' returns, Barron's says Funtalk China Holdings Ltd. (FTLK) Funtalk China Holdings Limited Enters Into Definitive...
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UPDATE: J.P. Morgan Raises PT on CVS Caremark to $43
Tuesday, May 31, 2011 - 6:52am | 163J.P. Morgan is out with its report today on CVS Caremark (NYSE: CVS), raising its PT from $42 to $43. In a note to clients, J.P. Morgan writes, "In our view, the FEP mail contract win is a significant positive for the company's PBM business. While we estimate the contract could add ~2% to EPS,...
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Citigroup Raises PT On CVS Caremark To $46
Tuesday, May 31, 2011 - 5:45am | 26Citigroup has raised the price target on CVS Caremark (NYSE: CVS) from $41 to $46 and maintains its Buy rating.