CVS is the largest specialty pharmacy in the United States. Specialty sales came in at $31 billion in 2014 and are expected to rise to $37 billion this year.
CVS Health (CVS) will declare its 2Q15 earnings on August 4. Markets are expecting a solid quarter with consensus Wall Street analyst estimates projecting EPS of $1.196.
The PowerShares Multi-Strategy Alternative Portfolio ETF (LALT) is one of those rare alternative ETFs that tries to replicate the performance of its index by active management of its assets.
CVS Health has been aggressively expanding, announcing its intention to acquire long-term care provider Omnicare in May for $12.7 billion in an all-cash deal.
Walgreens Boots Alliance reported that net sales in the second quarter of 2015 increased by 35.5% to $26.6 billion. Q2 earnings increased by 21.6% to $1.18 per share.
In its 13G filing, Iridian Asset Management slightly increased its holdings in SemGroup (SEMG). This resulted in a passive stake of 8.2% in the company.
Iridian raised its position in Avis Budget Group, Inc. (CAR) to 5,395,808 shares from 3,773,401, a 43% increase. Iridian has a passive 5.1% stake in Avis.
