CVS Health sinks on CEO replacement, Netflix jumps on earnings: Yahoo Finance

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CVS Health News

David Joyner,Karen Lynch,Netflix

Shares of CVS Health (CVS) are dropping. The healthcare giant announced longtime executive David Joyner will replace Karen Lynch as CEO. Wall Street was also...

Shares of CVS Health are dropping. The healthcare giant announced longtime executive David Joyner will replace Karen Lynch as CEO. Wall Street was also disappointed in the company’s preliminary third quarter guidance. Another stock on the move is Netflix . The streamer reported better-than-expected Q3 results and added more subscribers than analysts had estimated.9:20 a.m.

10:05 a.m. ET Jason Furman, Harvard Kennedy School of Government Professor and Former CEA Chairman Under Pres. ObamaHamas leader Yahya Sinwar, architect of the group's cross-border raids in 2023 that became the deadliest day in Israel's history, was killed in combat, Khalil Al-Hayya, deputy Gaza Hamas chief and the group's chief negotiator, said on Friday.

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ESPN's "College GameDay" will be in the Lone Star State's capital for the SEC matchup between the Texas Longhorns and the Georgia Bulldogs.Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. During the quarter, the strategy returned 5.58% net of fees compared to the S&P 500’s 5.89% return.

 

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