Healthcare Dive

CVS hikes 2025 guidance despite goodwill impairment charge on healthcare delivery

The healthcare giant beat Wall Street expectations in the third quarter, but reported a net loss after recording a $5.7 ...

CVS Health lifts full-year profit forecast, books $5.7B impairment charge on health clinics

CVS Health (NYSE:CVS) fell over 3% premarket on Wednesday even as the managed care giant exceeded Street forecasts with its ...
Crain's Chicago Business

Benefits provider Alight drops on revenue decline, nearly $1B impairment

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Shares in Alight, the Chicago-based human resource ...
SDxCentral

US telco Lumen reports $8.74bn loss due to non-cash impairment charge; company is worth $1.8bn

Lumen Technologies reported a $8.74 billion loss in the second quarter, a huge drop over the $344 million in profit it made in the same quarter last year. Shares in the company - previously known as ...

International Paper swings to quarterly loss on $1 billion impairment charge

International Paper swung to a quarterly loss on Thursday, as the packaging firm recorded a $1 billion charge related to the ...

Takeda Swings to Loss on Impairment Charges, Cuts Guidance -- Update

The Japanese drugmaker said Thursday that it swung to a net loss of 11.8 billion yen, equivalent to $77.3 million, for the three months ended September, from net profit of Y92.0 billion in the ...