CVS Caremark

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CVS Dumps Tobacco a Month Early

Chain changes name to CVS Health

(Newser) - The nation's second-largest pharmacy chain has kicked its tobacco-selling habit a month ahead of schedule, removing cigarettes and other tobacco products at all 7,700 CVS stores. The smokes were taken off the shelves at midnight and replaced with stop-smoking aids like nicotine gum, reports the AP , which notes... More »

Experts: CVS Move Could Dent Smoking Rates

Inconvenience helps deter smokers, studies have shown

(Newser) - With hundreds of thousands of retailers in the US selling cigarettes, will CVS' landmark decision to end tobacco sales have any effect on smoking rates? Experts say it could have a major impact, both by putting more pressure on the tobacco industry and making it a little harder for people... More »

CVS Will Stop All Tobacco Sales by October

First retailer to drop cigarettes, other tobacco products

(Newser) - A sea change in CVS policy: By October 1, America's biggest pharmacy chain will no longer sell any tobacco products, parent company CVS Caremark announced today in what CEO Larry Merlo calls the "right thing for us to do." "We’ve got 26,000 pharmacists and... More »

Dow Ends Bleak Week Off 143

Index down 4.8% since Monday

(Newser) - Stocks posted losses today as news that US unemployment hit 7.2% moved the markets to the finish of a dismal week, MarketWatch reports. The Dow lost 143.28 to close at 8,599.18, with losses perhaps limited because investors were expecting the bad jobs news. The Nasdaq fell... More »

Now Brace for Short-Sellers

Wall Street steels for end of ban short-selling

(Newser) - The controversial three-week ban on short-selling financial stocks ends at midnight tonight and analysts are uncertain about the impact on an already-traumatized Wall Street. Financial shares have plunged 23% since the ban was imposed, suggesting short-selling might not have played as large a role as suspected in earlier declines, reports... More »

5 Stories