Israel "Izzy" Englander's net worth tops $14 billion. He doesn't need dividend income.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
CVS Health Corporation (NYSE:CVS ) Wolfe 2024 Healthcare Results Conference November 19, 2024 10:20 AM ET Company Participants Tom Cowhey - Executive Vice President, Chief Financial Officer Conference Call Participants Justin Lake - Wolfe Research Justin Lake Got to mention Larry McGrath, the head of strategy in IR refused to sit up here with us, but he's doing God's work for the company, and we all appreciate it. Thank you, Larry.
CVS Health elevated Dr. Sreekanth Chaguturu to lead the company's healthcare delivery business a year after the company spent more than $20 billion on homecare provider Signify Health and senior clinic operator Oak Street Health.
Larry Robbins, Glenview Capital Management CEO, joins CNBC's 'Squawk on the Street' to discuss his firm's four new seats on the board at CVS, how the company can recover after a long decline, and more.
CNBC's David Faber reports on news from CVS.
CVS Health Monday said four new members will be added to its board from the hedge fund Glenview Capital Management, an activist investor that had been pushing for changes at the diversified healthcare giant.
CVS Health struck a deal with dissident Glenview Capital giving the investor four board seats. Glenview had been pushing for changes at the healthcare giant and had met with former CEO Karen Lynch prior to her ouster.
CVS Health Corp (NYSE:CVS) ticked up in pre-market trading after announcing the addition of four board members as part of a deal with activist investor Glenview Capital Management. Larry Robbins, chief executive of the hedge fund, will join CVS' board, alongside Leslie Norwalk, Guy Sansone, and Doug Shulman, leaving the company with 16 directors.
Hedge fund Glenview Capital Management has been advocating for improvements at the pharmacy and healthcare company.
CVS Health said on Monday it would add four new members to its board in an agreement with Glenview Capital Management, including the hedge fund's chief executive Larry Robbins.