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CVS Health gets 1Q boost from PBM

CVS Health gets 1Q boost from PBM

Citing a strong performance by its pharmacy benefit management business, CVS Health posted a double-digit sales gain for the first quarter, with adjusted earnings topping Wall Street’s projections. CVS said Friday that net sales for the three months ended March 31 totaled $36.33 billion, up 11.

CVS makes pitch at Fenway for Lung Force

CVS makes pitch at Fenway for Lung Force

CVS Health has teamed up with the American Lung Association to fight lung cancer with a national in-store fundraising campaign to support Lung Force, an initiative that encourages people to unite against lung cancer, the leading cancer killer of women and men.

Coca-Cola announces executive promotions

Coca-Cola announces executive promotions

The Coca-Cola Co. board has promoted a pair of senior executives and elected two new vice presidents. The beverage giant said Thursday that J. Alexander “Sandy” Douglas Jr., currently senior vice president and president of Coca-Cola North America, has been promoted to executive vice president.

Mylan raises bid, Perrigo again rejects

Mylan N.V. has upped its offer to acquire Perrigo Co. plc but received the same response: no. On Wednesday, Mylan announced an increased bid in which Perrigo shareholders would receive $75 in cash and 2.3 Mylan ordinary shares for each Perrigo ordinary share, a deal valued at more than $35 billion.

CVS, Rite Aid stores damaged in Baltimore riots

CVS Health and Rite Aid Corp. have closed stores in Baltimore that were damaged in the city’s ongoing riots. A CVS spokeswoman said Wednesday that two CVS/pharmacy stores sustained heavy damage from the rioting and have been closed, and no employees or customers were harmed.

Shoppers Drug Mart beauty events to support women with cancer

This weekend, Shoppers Drug Mart stores in Canada’s Prairie and Atlantic provinces are slated to host in-store Spring Beauty Gala events to support Look Good Feel Better, a charity that helps women manage the effects that cancer and its treatment have on their appearance.