Oct. 8, 2010 at 2:44 p.m.
Filed under:
Earnings,
Insurance,
Pharmaceuticals,
Retail
By Reuters
CVS Caremark Corp. warned that 2011 earnings growth could fall below its long-term goals as it spends money to streamline its pharmacy benefits management business and as fewer generic drugs hit the market.
Shares in the company, which operates drugstores and manages prescription drug plans, fell 3 percent Friday. Get the full story »
July 13, 2010 at 9:40 a.m.
Filed under:
Insurance,
Investing,
Stock activity
By Associated Press
An RBC Capital Markets analyst lowered his rating Tuesday on insurance conglomerate Aon Corp., saying earnings growth from its planned acquisition of human resources specialist Hewitt Associates for $4.9 billion is far off.
Analyst Mark Dwelle cut Aon to “sector perform” from “outperform,” trimmed earnings per share estimates 2010 and 2011 and reduced the price target on shares by 13 percent, to $40. Get the full story »
