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Hedge fund mogul Larry Robbins will meet with executives at struggling drugstore chain CVS on Monday to present a turnaround plan that the Glenview Capital founder hopes will improve the firm&#8217… ...
Number of Hedge Fund Holders: 63 CVS Health Corporation (NYSE:CVS) is a healthcare company that provides health solutions. It offers traditional, voluntary, and consumer-directed health insurance ...
CVS Health Corp.'s stock rose 1.7% Monday after a report surfaced of a meeting between the healthcare company and its major hedge-fund investor, Glenview Capital Management.
CVS Health executives and hedge fund Glenview Capital Management were reportedly planning to meet today to discuss a shakeup of the pharmacy and health care company's operations.
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date. CVS also will lay off less than 1% of its workforce; its shares have ...
Glenview Capital Management — a hedge fund that has been subject of certain media reports that it was pushing CVS Health management to break up the healthcare giant — denies it is “pushing ...
In addition to Robbins, who also serves as the hedge fund’s portfolio manager, CVS named Leslie Norwalk, Guy Sansone and Doug Shulman to the board. The additions expand the board to 16 members.
CVS Health is adding four new members to its board in an agreement with Glenview Capital Management, a hedge fund that pushed for changes at the healthcare company. The new members include ...
The biggest hedge funds added to their gains in June, sailing through the first half of the year amid global market chaos ...
CVS HEALTH Hedge Fund Activity. We have seen 494 institutional investors add shares of CVS HEALTH stock to their portfolio, and 1,380 decrease their positions in their most recent quarter.
Hedge fund returns climbed in June, as broader stock markets hit record highs and markets weathered turbulence around U.S.