Drug Retail

Morgan Stanley is out with its report today on CVS/Caremark (NYSE: CVS), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "CVS Caremark scored lowest among major PBMs in our annual benefits manager survey. The option of a 90-day retail or mail Rx proved popular in this year's...

According to Jefferies, CVS / Caremark (NYSE: CVS) held its annual meeting. Jefferies said that it attended CVS' annual meeting yesterday, where Tom Ryan officially turned over the keys. “In what was at times an emotional event given Mr. Ryan's remarkable 37 year career at CVS, during which time...

Graymark Healthcare, Inc. (NASDAQ: GRMH) has closed the sale of its Nocturna East Sleep Centers unit for $2.5 million in gross cash proceeds. The sale comprised a total of eight stand alone sleep centers, seven located in western New York and one in Florida. Given that the company only performed...

The Death Cross is one of the most well known bearish signals in the market. This technical indicator occurs when a stock's 50-day moving average crosses below its 200-day moving average. The Death Cross is widely viewed by bears as a potential precursor to a significant breakdown in share price....

Jefferies, which raised its PT on shares of CVS Caremark Corporation (NYSE: CVS), is providing some color on the stock. “CVS Caremark CEO Larry Merlo directly confronted detractors, aggressively rebuking anti-competitive accusations,” Jefferies writes. “Mr. Merlo also tried to dispel any...

Jefferies & Company has raised the price target on CVS Caremark (NYSE: CVS) from $39 to $43 and maintains its Buy rating.

CT AG-DCP announce settlement with CVS (NYSE: CVS) pharmacy reports Bloomberg.

Weight Watchers (NYSE: WTW) is scheduled to report first-quarter 2011 results before the opening bell tomorrow, May 6. Analysts are looking for the weight loss specialist to announce that earnings came in at $0.89 per share. That compares to a consensus estimate of $0.60 some 90 days ago, and is up...

CVS (NYSE: CVS) says, "well on the way to $2B buyback authorization... still plenty of room to raise dividend."

General Motors Co (NYSE: GM) reported its Q1 profit at $3.2 billion, or $1.77 per share, from $865 million, or $0.55 per share, in the year-earlier period. The latest quarter earnings included special items of $0.82 per share. The company's revenue surged to $36.2 billion, from $31.5 billion....

Pre-open movers US stock futures are lower this morning, as investors are awaiting same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 33 points to 12,639.00 and futures on the S&P 500 stock index declined 4.70 points to 1,...

CVS Caremark Corp (NYSE: CVS) released its results for the first-quarter today. The company's quarterly profit dropped to $713 million, or $0.52 per share, from $771 million, or $0.55 per share, in the year-earlier period. The company's adjusted earnings declined to $0.57 per share, from $0.60 per...

CVS Caremark (NYSE: CVS) Reports EPS of $0.57 vs. $0.55 Estimate; Revenues $25.9B vs. $1103.17M Estimate

US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...

Sara Lee Corp (NYSE: SLE) is estimated to post its Q3 EPS at $0.25 on revenue of $2.23 billion. General Motors Company (NYSE: GM) is projected to report its Q1 EPS at $0.93 on revenue of $35.59 billion. Visa Inc (NYSE: V) is expected to post its Q2 earnings at $1.20 per share on revenue of $2....