Thread regarding CVS layoffs

CVS a FRACTURED Company

After 40 years of service here, we are at an all time low. Stock is hovering around 53 as we speak. The word integrity has been questioned from Top to Bottom of the company. What happened to our values . CEO that allows his officers and himself to sell the own stock 2 weeks before there earnings call only to see the stock drop from 70 to 53. Several class action law suits filed , so there will be justice, not from Larry today but the company will have to payout all the fines. Hopefully the board and active shareholders hold the CEO accountable. Accountable that is the WORD that is thrown around every employee everyday to threaten our jobs. Wow what a company. Many might say just leave the company and i agree if you do not like it leave. But when do the employees so no this is not your company its ours. HMMMMM

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Post ID: @OP+XWXJd5G

7 replies (most recent on top)

Stock closed at 52.36! That's a new 52 week low closing!

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Post ID: @1vau+XWXJd5G

The stock is UNDER 53 right now as we speak. We could be in the 40’s by tomorrow! This is bad...

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Post ID: @1rza+XWXJd5G

That 50 cent dividend just given out was a quarterly dividend. The annual total is still $2. Nothing has changed.

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Post ID: @1snq+XWXJd5G

Don’t you worry Larry the used car dealer will have a press release coming from the corporate spin doctors telling stories of sunshine and rainbows they’ve been carrying excessive goodwill on the books for years I guess they finally decided to bite the bullet and come clean

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Post ID: @1gpe+XWXJd5G

CVS announced a 50 cent dividend in an effort to stop the bleeding. (Imagine if they didn’t pay out a dividend this year) Yes they pay out a dividend every May but last year it was $2. The last time the dividend was 50 cents was 2012 and the stock was $45. Like everything else this company does it’s smoke and mirrors not actual solid business results.

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Post ID: @1str+XWXJd5G

We need to lose Larry and all the Macy’s people. Need new leadership from the top down. Look at how it worked out for Target. Their CEO is looked at as a savior and a fighter

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Post ID: @rcg+XWXJd5G

Stock just closed today at a 52-week LOW. Not hitting that low intra-day, but actually CLOSING at the low! Officially at $54.00 now. We might be in the 40's stock price wise by the close on friday! This is crazy, how bad the stock price is literally just bleeding out!! My opinion is that IF the stock falls into the mid-40's you MIGHT start to hear rumors of serious damage control at corporate.

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Post ID: @rbh+XWXJd5G

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