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Reuters well ahead with CVS pharmacy benefits losses, shares sink 11.05.2009 Reuters was way ahead on Nov. 5 with CVS Caremark CEO’s saying his Caremark pharmacy benefits business was suffering billions of dollars in lost business at the company’s conference call. Shares plunged 20 percent. Heading into the call, the shares were up more than 1 percent. Reuters was alone with headlines on the business losses and bleak forecast and well ahead with the Caremark president’s pending departure. MARKET IMPACT CVS shares plunged 20 percent. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

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Companies, sectors, M&A and the financial industry

Reuters well ahead with CVS pharmacy benefits losses, shares sink

11.05.2009

Reuters was way ahead on Nov. 5 with CVS Caremark CEO’s saying his Caremark pharmacy benefits business was suffering billions of dollars in lost business at the company’s conference call. Shares plunged 20 percent. Heading into the call, the shares were up more than 1 percent. Reuters was alone with headlines on the business losses and bleak forecast and well ahead with the Caremark president’s pending departure.