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Aetna Inc.

DOJ seeks formal approval of CVS-Aetna merger

DOJ seeks formal approval of CVS-Aetna merger

WASHINGTON — A federal judge has been formally asked by the  Justice Department to approve CVS Health’s acquisition of Aetna Inc. District Court Judge Richard Leon had rebuked the government and the companies late last year for closing the $69 billion dollar deal prior to approval of a consent order. In response, CVS offered to

Approval reportedly near for CVS-Aetna deal

Approval reportedly near for CVS-Aetna deal

WASHINGTON — CVS Health Corp.’s planned acquisition of Aetna Inc. is close to getting the official go-ahead from federal regulators, according to a report published Wednesday by The Wall Street Journal, which said the deal could receive formal antitrust approval from the U.S. Department of Justice within the next few weeks. That approval is expected to

CVS sales, earnings top Wall Street estimates

CVS sales, earnings top Wall Street estimates

WOONSOCKET, R.I. — Pharmacy gains propelled CVS Health’s second quarter results ahead of Wall Street’s expectations. Retail sales for the three months ended June 30 climbed 5.7% to $20.7 billion, despite less front-end traffic. Overall same-store sales rose 5.9%. Pharmacy sales jumped 8.3% from a year ago, while same-store front-end sales dipped 1%. CVS’ revenue