CVS Health Q3 profit misses estimates, company names new leaders at 2 divisions
AP Health Writer (AP) — CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging.
Shares jumped Wednesday morning while markets as a whole surged on an election that will send Donald Trump back to the White House.
Joyner named UnitedHealth executive Steve Nelson as the leader of the company’s troubled health insurance wing, Aetna. That appointment is effective immediately.
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