BNET Industries
CVS Corp. (CVS) is in the Retail Industry
- Revenue
- Dec 29 2007
- $76.3B
- Profit
- Dec 29 2007
- $2.6B
- Market Cap
- May 14 2008
- $60.3B
Latest News and Analysis
CVS Caremark Posts Higher 1st-quarter Profit
By Brad Dorfman CHICAGO (Reuters) - CVS Caremark Corp CVS posted higher quarterly profits in line with analysts' estimates on Thursday, as the addition of Caremark's pharmacy benefits business helped offset the impact of lower-priced generic drugs on drugstore sales. The...
CVS Managers Don't Know (or Just Don't Play by) the Rules
Federal labor inspectors found 43 CVS stores changed employee timecards and violated child labor laws. It's not quite a Gap in India scenario, but still, policy was clearly ignored. The department found that CVS violated the law governing how many hours and how late minors can work, and also allowed 78 minors, aged...
CVS Shareholders Approve Plan to Buy Caremark
CVS Shareholders Approve Plan to Buy CaremarkCVS mergerI have looked at article over the internet but have not been able to find out what CVS shareholders receive from the merger. What is in it for them? What options do they have?
BNET Dispatch: March 16, 2007
Nissan said on today that CEO Carlos Ghosn is giving up his responsibility for the automaker's North American operations to focus on Nissan and its partner Renault of France. Hiroto Saikawa, now an executive vice president for Nissan's European operations, will takeover for Ghosn in North America. Officials...
Putting E-Commerce to Work: The Japanese Convenience Store Case
Japanese convenience stores CVS are exploiting e- and m-commerce solutions different from, but relevant to, US practices. Japanese reluctance to make credit card payments over the Internet or via telephones opened the way for CVS to provide third-party payment services, which required substantial IT infrastructure. Now they are leveraging this...
The Six-Legged Horse Race: Why Store Branding Matters in the Battle Between Walgreens and CVS
The battle between Walgreens (the #1 drug store chain) and CVS its key challenger is largely being fought on traditional fronts such as price / promotion, location and store format. While both retailers have several crucial competitive advantages, a key potential point of differentiation, a strong store brand program, has...
Additional Resources
Appellate Division, Third Department Case Summaries: May 7, 2008
Appellate Division, Third Department Tax Assessments Arm's Length Sales Brooks Drugs, Inc. v. Board of Assessors 03964 Appealed from Supreme Court, Schenectady County Background: The petitioner, now owned by CVS, challenges tax...
Oscient Pharmaceuticals Reports First Quarter 2008 Financial Results
-- Conference call with senior management scheduled for 8:30 AM today -- WALTHAM, Mass. -- Oscient Pharmaceuticals Corporation (Nasdaq: OSCI) today reported financial results for the first quarter ended March 31, 2008. Oscient issued preliminary revenue results for the first quarter on April 16, 2008. Highlights from the...
Fitch Places ArvinMeritor on Rating Watch Negative following Spinoff Announcement
CHICAGO & NEW YORK -- Fitch has placed the ratings of ArvinMeritor (NYSE: ARM) on Rating Watch Negative following the announced spinoff of ArvinMeritor's Light Vehicle Systems LVS group. As information becomes available Fitch will review the details of each entity (including capital structure, bank financing terms and legacy liabilities)...
ArvinMeritor Announces Plan to Spin Off Light Vehicle Systems Business to Shareholders
TROY, Mich., May 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. today announced that its board of directors has approved a plan to spin off its Light Vehicle Systems LVS business to ArvinMeritor shareholders, with the Commercial Vehicle Systems CVS business remaining with ArvinMeritor. "The plan to separate our...
Traditional Favorites and Thoughtful Treasures: CVS/pharmacy Offers a Wide Selection of Mother's Day Gifts in One Convenient Stop
From Home and Garden to Spa-at-Home, CVS/pharmacy Offers Affordable Department Store-Quality Gifts at 6,300 Locations Nationwide WOONSOCKET, R.I., May 5 /PRNewswire/ -- CVS/pharmacy, America's largest retail pharmacy with 6,300 convenient locations nationwide, offers shoppers a simple and enjoyable shopping experience while looking for the perfect Mother's Day...
WIKI MAN, THE
If the climate-change debate has accomplished anything, it has proved people never say sorry. When I was about 12 the families of the people who now wince at every gramme of carbon we burn carried on their cars a yellow sticker reading 'Nuclear Power -- No Thanks' (on...
Purple Beverage Company Appoints Former Red Bull® National Accounts Manager, Lou Aceto, as its National Accounts Manager
Beverage Pro to Spearhead National Distribution for Purple FORT LAUDERDALE, Fla. -- Purple Beverage Company, Inc. (OTCBB: PPBV), today announced that former Red Bull([R]) North America National Accounts Manager, Lou Aceto, has agreed to join the growing beverage company as National Accounts Manager for its antioxidant beverage, Purple....
CVS Caremark Announces Record First Quarter Results
DILUTED EPS GROWTH AT HIGH END OF COMPANY EXPECTATIONS First Quarter Year-Over-Year Highlights: * Adjusted EPS of $0.55, which excludes $0.04 in amortization of intangible assets, up 18.3% * GAAP diluted EPS of $0.51, up 17.4% * Net revenues of $21.3 billion,...
CVS Caremark and JVS Announce Grand Opening of the Boston Regional Learning Center
Center to Provide Significant Workplace Advancement Opportunities for the Boston Community, Including Individuals from Disadvantaged Backgrounds BOSTON, April 28 /PRNewswire/ -- Today CVS Caremark, in partnership with Jewish Vocational Service and their One-Stop Career Center, officially opened the company's first CVS/pharmacy Regional Learning Center in Boston. CVS...
Seven Summits Research Releases Comments on XOM, PG, CVS, X and CFC
CHICAGO, April 28 /PRNewswire/ -- Seven Summits Strategic Investments releases its Stocks To Watch Guide. The Seven Summits Strategic Investments Stocks To Watch Guide (go to: http://www.iotogo.com/StocksToWatch) provides investors with essential information on stocks that may be poised for a significant move. By featuring hedged...
Junior Blind Olympics Level the Playing Field for Athletes Who Are Blind or Visually Impaired
Today, hundreds of young athletes who areblind, visually impaired or multi-disabled competed in the Junior BlindOlympics, held at Junior Blind of America's campus in Los Angeles. Theannual event, co-hosted by Junior Blind of America and the Optimist BlindYouth Association, features a wide range of Olympic-style games intended togive all...
Haldex - First quarter 2008
STOCKHOLM, Sweden -- Regulatory News: * Sales totaled SEK 2,131 m (2,060). Adjusted for currency exchange rates, sales rose 7%. Order intake totaled SEK 2,242 m (2,170). After adjustments for currency exchange rates, the increase was 9%. * Earnings after tax amounted to SEK 63 m...
CVS Caremark Corporation to Hold First Quarter 2008 Conference Call
WOONSOCKET, R.I. -- CVS Caremark Corporation (NYSE:CVS) will be holding a conference call on Thursday, May 1, 2008, at 8:30 a.m. EDT with analysts and investors to discuss its first quarter 2008 financial results. An audio webcast of the conference call will be broadcast simultaneously through the Investor...
CVS Caremark e-Prescribing Tool Helps Healthcare Professionals Identify and Assess Impact of Medication Noncompliance
Data to be Presented in Conjunction with Horizon Blue Cross Blue Shield of New Jersey at the 20th Annual Meeting of the Academy of Managed Care Pharmacy AMCP in San Francisco, CA WOONSOCKET, R.I. -- CVS Caremark (NYSE: CVS) and Horizon Blue Cross Blue Shield of New Jersey,...
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- Incorporated: 1914
- CEO: Mr. Thomas M. Ryan
CVS Caremark is engaged in the retail drugstore industry. Co. sells prescription drugs and an assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photofinishing services, seasonal merchandise, greeting cards and convenience foods through its CVS/pharmacy® retail stores and online through CVS.com®. Co. also provides pharmacy benefit management, mail order services and specialty pharmacy services through PharmaCare Management Services and PharmaCare Pharmacy® stores. As of Dec 29 2007, Co. operated 6,245 Retail Stores, 56 Specialty Pharmacy Stores, and 20 Specialty Mail Order Pharmacies.
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CVS Corp. Company Info
Board of Directors
Mr. Thomas M. Ryan
Chairman
Mr. C.A. Lance Piccolo
Ms. Sheli Z. Rosenberg
Mr. Richard J. Swift
Mr. Terrence Murray
Lead Director
Mr. Edwin M. Banks
Mr. C. David Brown II
Mr. David W. Dorman
Ms. Kristen E. Gibney Williams
Ms. Marian L. Heard
Dr. William H. Joyce
Mr. Jean Pierre Millon
Contact Information
One CVS Drive
Woonsocket, RI
401 765-1500