2024-10-01

Major CVS shareholder plans activist push, meet with execs: sources

Glenview Capital, a major CVS Health shareholder, is expected to meet with company leadership on Monday to lay out proposed fixes for the struggling business, according to people familiar with the matter, a potential precursor to an activist push. The hedge fund has established a sizable position in the company, said some of the people. Glenview invests in a…

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2024-09-24

Southeast U.S. under major storm warning for potential hurricane

Heavy rains lashed the Cayman Islands on Tuesday as forecasters warned that a nearby cluster of thunderstorms could soon become a major hurricane en route to the southeast U.S. Hurricane watches were in effect for Florida’s Tampa Bay and from Englewood to Indian Pass, as well as for eastern Mexico from Cabo Catoche to Tulum and for Cuba’s Pinar…

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