Thursday, November 3, 2011

CVS beats expectations...

CVS Caremark Corp. (CVS). The company posted a higher quarterly profit as business improved at its pharmacy benefits management unit, and said this year's profit should come in toward the higher end of its prior forecast. Net income rose to $868 million, or 65 cents per share, from $809 million, or 59 cents per share, a year earlier. It now expects to post adjusted earnings from continuing operations of $2.77 to $2.81 per share this year.


CVS is currently up 1.31 to 37.08

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