Last $1,001 MXN
Change Today 0.00 / 0.00%
Volume 0.0
CVS* On Other Exchanges
New York
As of 4:09 PM 07/18/14 All times are local (Market data is delayed by at least 15 minutes).

cvs caremark corp (CVS*) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/6/14 - $1,020
52 Week Low
10/3/13 - $739.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for CVS CAREMARK CORP (CVS*)

cvs caremark corp (CVS*) Details

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. The Pharmacy Services segment offers pharmacy benefit management services, such as plan design and administration, formulary management, discounted drug purchase arrangements, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, and Novologix names. The Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, and convenience foods, as well as provides photo finishing services. The company also offers infusion and enteral nutrition services. As of December 31, 2013, it operated 7,660 retail drugstores, 800 MinuteClinic retail health care clinics, 792 CVS/pharmacy stores, 25 retail specialty pharmacy stores, 11 specialty mail order pharmacies, and 4 mail order pharmacies, as well as online retail pharmacy Websites, and The company was founded in 1892 and is headquartered in Woonsocket, Rhode Island.

130,000 Employees
Last Reported Date: 02/11/14
Founded in 1892

cvs caremark corp (CVS*) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $793.8K
Executive Vice President and President of Pha...
Total Annual Compensation: $900.0K
Executive Vice President
Total Annual Compensation: $900.0K
Chief Medical Officer and Executive Vice Pres...
Total Annual Compensation: $637.5K
Compensation as of Fiscal Year 2013.

cvs caremark corp (CVS*) Key Developments

CVS Caremark Announces New Clinical Affiliations with Four Major Health Care Providers

CVS Caremark announced it has entered into new clinical affiliations with four major health care providers to enhance access to high-quality, affordable health care services for patients. The collaborating health care providers include ProHealth Physicians in Connecticut, Texas Health Resources in Texas, Palmetto Health in South Carolina and The Baton Rouge Clinic in Louisiana. Through these clinical affiliations the patients of these health care providers will receive access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail health care division of CVS Caremark. In addition, CVS Caremark will provide critical prescription and visit information to those health care providers through the integration of secured electronic medical record (EMR) systems. The participating health care providers will receive data on interventions conducted by CVS pharmacists to improve medication adherence for their patients. The affiliation also encourages collaboration between the health care providers and MinuteClinic providers to improve coordination of care for patients seen at MinuteClinic locations. Physicians affiliated with the participating health care providers will collaborate with MinuteClinic nurse practitioners to work closely on joint clinical programs and care coordination activities. If more comprehensive care is needed, patients can follow up with their primary care provider and have access to the services at the health care provider as appropriate. For those patients who do not have regular access to health care, MinuteClinic provides assistance in finding a primary care physician and a greater opportunity for continuity of health care services.

Claims Against CVS Caremark Corp Arising from Dispensing of Generic Drugs Dismissed

Claims against CVS Caremark Corp. arising from dispensing of generic drugs dismissed. The Michigan Supreme Court reversed a court of appeals judgment and reinstated a trial court's judgment on the pleadings in favor of pharmacy operator defendants in a qui tam action brought by a state government arising from the defendants' retention of savings obtained by dispensing generic drugs in place of brand-name equivalents. Marcia Gurganus brought a qui tam action in the name of the state of Michigan against CVS Caremark Corp. and numerous other pharmacy operators, alleging the defendants violated a state statute by improperly retaining savings that should have been passed on to customers when dispensing generic drugs in the place of their brand-name equivalents. Under the statute, when a pharmacist receives a prescription for a brand-name drug and instead dispenses the generic equivalent, the pharmacist must "pass on the savings in cost to the purchaser. After similar actions were consolidated, the trial court granted summary judgment in favor of the defendants. The plaintiffs appealed, and the court of appeals reversed. The supreme court then granted certiorari. The supreme court found the complaints failed to plead facts with sufficient particularity to survive summary judgment. The plaintiffs attempted to derive the wholesale costs of drugs dispensed by all the Michigan defendants by extrapolating from the wholesale costs in a single set of proprietary data from a single Kroger pharmacy in West Virginia. The supreme court held the inferences and assumptions required to implicate the defendants, based on the limited data presented, were simply too tenuous to support the plaintiffs' claims. The plaintiffs' overbroad approach in identifying all transactions in which a generic drug was dispensed failed to focus on the only relevant transactions, namely those involving the dispensing of a generic drug in place of a brand-name drug. That overbroad pleading method was deficient, particularly given the plaintiffs' burden to plead instances of fraud with particularity. The supreme court further held the plaintiffs' claims under the Health Care False Claims Act (HCFCA) and the Medicaid False Claims Act (MFCA) were derivative of their claims under the state statute at issue and, as a result, were also subject to dismissal. Accordingly, the supreme court reversed the court of appeals' judgment and reinstated the trial court's grant of summary judgment in favor of the defendants.

CVS Caremark Corporation Approves Quarterly Dividend, Payable on August 1, 2014

CVS Caremark Corporation announced that its board of directors has approved a quarterly dividend of $0.275 per share on the corporation's common stock. The dividend is payable on August 1, 2014, to holders of record on July 21, 2014.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CVS*:MM $1,001.40 MXN 0.00

CVS* Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Costco Wholesale Corp $117.04 USD 0.00
Express Scripts Holding Co $65.74 USD 0.00
Home Depot Inc/The $79.71 USD 0.00
UnitedHealth Group Inc $85.06 USD 0.00
Walgreen Co $71.67 USD 0.00
View Industry Companies

Industry Analysis


Industry Average

Valuation CVS* Industry Range
Price/Earnings 19.7x
Price/Sales 0.7x
Price/Book 2.4x
Price/Cash Flow 19.0x
TEV/Sales 0.6x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CVS CAREMARK CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at