CVS Caremark board OKs quarterly dividend

Antoinette Alexander

7/5/2012

WOONSOCKET, R.I. — CVS Caremark announced on Thursday that its board of directors has approved a quarterly dividend.

The board approved a quarterly dividend of 16.25 cents per share on the common stock of the corporation, payable Aug. 3 to holders of record on July 23.

Walgreens buyout reportedly could result in three divisions

Walgreens’ three core segments—U.S. pharmacy retailer Walgreens, U.K.-based Boots and specialty unit Shields Health Solutions—could become three independent divisions, per a report.

Sycamore Partners reportedly working on financing to acquire Walgreens

A potential buyout reportedly would include terms loans, a bridge loan and asset-based lending.

Ulta Beauty sets date for experiential beauty event

Ulta Beauty World will take place on April 26 in San Antonio, Texas.

CVS Health to open smaller format stores

Each location will average less than 5,000 square feet and will feature a full-service pharmacy with limited over-the-counter products available for purchase.

Walgreens reportedly close to roughly $10B deal to go private

The deal could be finalized by Thursday, per a WSJ report.