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CVS warns on memberships, collections, costs, investments

Mar. 26, 2020 10:45 AM ETCVS Health Corporation (CVS) StockCVSBy: Stephen Alpher, SA News Editor19 Comments
  • The company expects an "adverse impact" on medical memberships and on the timing and collectability of payments from customers.
  • In addition, says CVS WFH is raising costs and hurting efficiency, and the turndown in rates and stocks is having a big negative impact on net investment income and the value of the company's investment portfolio.
  • Shares are down 0.4% today, continuing to miss out on the major bounce of the past three days.

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