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CFO Magazine: Scott Rostan on “CVS Jettisons a Cash Cow”

http://ww2.cfo.com/risk-management/2014/02/cvs-jettisons-cash-cow/ Marielle Segarra On Wednesday, CVS Caremark announced that it would stop selling cigarettes and tobacco products, a segment worth $2 billion in annual sales. Much has been written about the decision, which CVS says will erase 17 cents in from its earnings per share annually. Why would it make this kind of move? Partly […]

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