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Top related persons:
David Joyner - 3 Karen Lynch - 3 CVS - 2 ” CVS - 1 Joyner - 1 Lynch - 1 “ - 1 David - 1
Top related locs:
Woonsocket , Rhode Island U.S China
Top related orgs:
CVS - 3 Aetna - 2 Glenview Capital - 1 CNBC - 1 CVS Health - 1 CVS Health Corp - 1 Procter - 1 Netflix - 1

Search resuls for: "David Joyner"


6 mentions found


☆ CVS replaces CEO as profits, share price suffer
  + stars: | 2024-10-18 | by ( Jacob Pramuk | Sara Salinas | ) www.nbcnews.com   time to read: +2 min
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday. CVS has faced challenges as higher medical costs weigh on its insurance unit, Aetna, and consumer spending drops at its retail pharmacies. It anticipates higher medical costs than previously expected, with a so-called medical benefit ratio of 95.2% in the quarter. CNBC reported last month that CVS’ board had engaged strategic advisors to weigh its options, including the potential of a breakup of its insurance and retail businesses. Lynch also stepped down from the company’s board of directors this week, the company said Friday.
Persons: David Joyner, Karen Lynch, CVS, ” CVS, Joyner, Lynch, “, David, Roger Farah, Farah Organizations: CVS, Aetna, Glenview Capital, CNBC, CVS Health
☆ CVS to replace CEO Karen Lynch with exec David Joyner as profits, share price suffer
  + stars: | 2024-10-18 | by ( Jacob Pramuk | ) www.cnbc.com   time to read: +1 min
A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023. Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday. The move, effective Thursday, comes as CVS shares have fallen nearly 20% this year. CVS has faced challenges as higher medical costs weigh on its insurance unit, Aetna, and consumer spending drops at its retail pharmacies. It anticipates higher medical costs than previously expected, with a so-called medical benefit ratio of 95.2% in the quarter.
Persons: David Joyner, Karen Lynch, CVS Organizations: CVS, CVS Health Corp, Aetna Locations: Woonsocket , Rhode Island, U.S
☆ Stocks making the biggest moves premarket: American Express, Procter & Gamble, Netflix, CVS Health and more
  + stars: | 2024-10-18 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com   time to read: +4 min
The household goods maker posted $21.74 billion in revenue while analysts polled by LSEG had estimated $21.91 billion. WD-40 — The maintenance product maker's shares fell 4% after a disappointing fiscal fourth-quarter earnings report. Despite posting a top-line beat of $823 million in revenue versus LSEG analysts' estimates for $808 million, net interest income fell 3% in the third-quarter. Revenue of $9.16 billion fell below the $9.25 billion LSEG consensus forecast. Ally Financial – The digital bank stock fell nearly 1% despite earnings beating analysts' estimates in the third quarter.
Persons: Gamble, LSEG, David Joyner, Karen Lynch, B.Riley, SLB, Schlumberger, FactSet, — CNBC's Pia Singh, Sarah Min, Jesse Pound, Michelle Fox Organizations: Procter, Netflix, CVS, FactSet, Western Alliance Bancorp, Apple, Bloomberg, Crown Holdings, Holdings, Comerica Locations: China
☆ Eli Lilly, Novo Nordisk and Sanofi CEOs to testify before Senate on lowering insulin prices
  + stars: | 2023-04-21 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +2 min
In this photo illustration, an insulin pen manufactured by the Novo Nordisk company is displayed on March 14, 2023 in Miami, Florida. Those companies — Eli Lilly, Novo Nordisk and Sanofi — had announced in March that they will slash prices of their most widely used insulin products by 70% or more. The companies' versions of insulin cost at least $275 before the announced price slashes, Sanders noted. Novo Nordisk said its CEO looks forward to "a productive and collaborative discussion about this important issue." PBMs have come under criticism for inflating drug prices and not passing on all the discounts they negotiate to consumers.
☆ CVS names new pharmacy services, consumer product chiefs
  + stars: | 2023-01-23 | by ( ) www.reuters.com   time to read: +1 min
Jan 23 (Reuters) - CVS Health Corp (CVS.N) said on Monday that David Joyner would return to head the U.S. diversified healthcare company's pharmacy services and tapped former Cigna Corp (CI.N) executive Amy Bricker as its chief product officer for consumer business. Joyner will become the chief of the pharmacy services segment, which also includes the company's pharmacy benefits management business Caremark, effective Jan. 30. Bricker will start in the newly created role in February after serving as president of Express Scripts, rival Cigna Corp's pharmacy benefits unit. Its largest health insurance plan for Medicare recipients received a lower performance rating from the U.S. Centers for Medicare and Medicaid Services in October. The lower rating could affect payments from the government for 2024, the company said.
☆ 'Barney & Friends' documentary tries to tie bashing the kids' show to larger cultural tides
  + stars: | 2022-10-12 | by ( Review Brian Lowry | ) edition.cnn.com   time to read: +3 min
“All that success came at a price,” says Andrew Olsen, a devotee of “Barney” history and its memorabilia. It’s a reasonable point at first, but one the documentary overplays, especially when there’s so much odd, specific stuff about the show to mine here. “I Love You, You Hate Me” has already generated media attention for Peacock, so score it as a win by that measure. But while the project captures a very specific moment in time, it runs out of insight before its time is up. “I Love You, You Hate Me” premieres October 12 on Peacock.
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