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1 min read

Baby formula shortages got even worse last month, with 40% of leading products out of stock and some parents paying $33 per can

Out-of-stock percentages topped 50% in six states: Iowa, South Dakota, North Dakota, Missouri, Texa…

Dominick Reuter,Jane Ridley   


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2 mins read

CVS buying Aetna has nothing to do with Amazon's healthcare ambitions

"We believe the acquisition represents the next evolution in healthcare services following the comm…

Seth Archer   


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2 mins read

MORGAN STANLEY: Here's how CVS can fend off Amazon

Goldwasser said that CVS' strength is its vertical integration. CVS has made a number of acquisitio…

Kimberly Chin   


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2 mins read

The Trump administration could control the fate of the massive CVS-Aetna deal - and the market is skeptical

This uncertainty is being reflected by Aetna's stock, which is trading near $184 a share, roughly 1…

Joe Ciolli   


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2 mins read

'Big Short' investor Michael Burry reveals his bet against Tesla stock - and discloses an unexpected SPAC stake

Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's compa…

Theron Mohamed   


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2 mins read

The CEO of Aetna is going to make a huge amount of money if the $69 billion deal with CVS closes

According to The Journal, Bertolini already has $230 million of vested stock based on the $207 pric…

Lydia Ramsey   


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3 mins read

An inside look at CVS' $40 billion bond deal, one of the biggest of all time, from the lead bankers' perspective

D'Ercole: "What rates have done over the past six months supports the notion that companies should …

Joe Ciolli   


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5 mins read

Dispensed: CVS Health's plan to become a go-to spot for healthcare, uBiome's 75-person advisory boards, and an inside look at a massive generic drug lawsuit

A lot of people in the industry announced new roles this week. Merck's Adam Schechter is slated to …

Lydia Ramsey   


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3 mins read

One word kept popping up in CVS Health's first earnings after its $70 billion Aetna takeover, and it signals a turbulent year for the healthcare giant

Merlo outlined the health insurer's plans to overcome the headwinds, including cost-cutting and a n…

Lydia Ramsey   


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3 mins read

CVS and Aetna's mega-merger could get blocked, and we'll soon get a hint of what's going to happen next

Once that's decided, it will likely have implications as to how the Trump administration will addre…

Lydia Ramsey   


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2 mins read

Stocks jump as America awaits the midterm election results

CVS reported earnings, topping analyst expectations for the third quarter and announcing expectatio…

Gina Heeb   


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2 mins read

'Big Short' investor Michael Burry bet on Tesla stock to tumble and inflation to crush long-dated bonds. Here's what he bought and sold last quarter.

Burry's Scion Asset Management overhauled its stock portfolio, swapping out Pfizer and Wells Fargo …

Theron Mohamed   


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2 mins read

STOCKS CLOSE MIXED: Here's what you need to know

CBOE Global Markets, the Chicago-based options and derivatives exchange, announced Monday it'll off…

Graham Rapier   


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2 mins read

STOCKS SLIDE LOWER: Here's what you need to know

2. Goldman Sachs says Tesla's new big rig won't solve its Model 3 problems. Analyst David Tamberrin…

Joe Ciolli   


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2 mins read

TECH STOCKS SURGE: Here's what you need to know

A $460 billion investment chief at JPMorgan has an unexpected worry about the global economyThe Whi…

Akin Oyedele   


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2 mins read

STOCKS HIT ALL-TIME HIGHS: Here's what you need to know

The Dow jumped above 24,000 for the first time as the Senate continued to progress towards passing …

Akin Oyedele   


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4 mins read

Lydia Ramsey   


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3 mins read

UPS' latest financial statements reveal why the 111-year-old logistics giant is becoming a stock market darling again

Throughout this year and last, investors had soured on UPS. Margins at UPS were weakening. More and…

Rachel Premack   


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2 mins read

Carl Icahn is getting involved in Cigna's $67 billion merger with Express Scripts, and the pharmacy middleman's stock is plunging

The deal came just months after the $69 billion healthcare mega-merger between health insurer Aetna…

Lydia Ramsey,Graham Rapier   


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2 mins read

STOCKS RISE AS AMERICA VOTES: Here's what you need to know

We'll have coverage of the election results and the market reaction throughout the night, so check …

Bob Bryan  Â