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Article updated: 11/6/2012 7:46 AM

CVS Caremark 3Q profit up 16 pct. as sales rise

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CVS Caremark says its third-quarter earnings climbed 16 percent. The drugstore operator and pharmacy benefits manager posted revenue increases in both businesses. The company also raised its full-year earnings outlook.

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CVS Caremark says its third-quarter earnings climbed 16 percent. The drugstore operator and pharmacy benefits manager posted revenue increases in both businesses. The company also raised its full-year earnings outlook.The Woonsocket, R.I., company says it earned $1.01 billion, or 79 cents per share, in the three months that ended Sept. 30.
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