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Thursday, November 5, 2009
12:39 PM TweetThis
  • CVS Caremark (CVS) was trading up premarket after reporting record earnings, but a conference call later had worse news: Its unit for managing pharmacy benefits lost $3.7B in contracts and reported its margins would shrink 10%. Shares down 20.1%.
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This news story has 2 comments:

  •  
    So who got the business?
    Nov 05 12:59 PM | Link | Reply
  •  
    and who's investigating the potential false reports. I fear this type of reporting is more common place than we may all suspect. "Wall Street Math" is being exposed at every turn it seems.
    Nov 05 01:33 PM | Link | Reply
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