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
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
WOONSOCKET, R.I. — CVS Health’s revenue was on the rise as it filled more prescriptions and benefited from a lower effective tax rate, the company said on Wednesday in reporting its operating results for the three months ended March 31. The drug store chain said its first quarter revenue increased 2.6% to $45.7 billion from