Shares of drugstore operator and pharmacy benefits manager CVS Caremark Corp. are approaching their full value according to a BMO Capital analyst who lowered his rating on the stock to "market perform" from "outperform."

Former New York Times CEO Janet Robinson retired from the newspaper publisher late last year with a severance package valued at about $23 million.

Health insurer Coventry Health Care Inc. said Monday it will pay its first quarterly cash dividend in April.

Payroll processing company Automatic Data Processing Inc. said Thursday that it will buy a division of SHPS Inc., an employee benefits administration company.

Eight drugmakers are being sued by a consumer advocacy group that alleges their programs offering coupons to reduce copayments for brand-name medicines are illegal.

Major insurance companies were among the hardest hit stocks as the broader markets fell Tuesday, after a report indicated that the killer tornadoes and severe storms that ravaged the United States could cause up to $2 billion in insured losses.

The Ensign Group Inc.'s joint venture Immediate Clinic LLC has purchased urgent care franchise system Doctors Express.

Acadia Healthcare Co., a provider of inpatient behavioral health care services, said Monday that it has completed its acquisition of three inpatient psychiatric hospitals from Haven Behavioral Healthcare for $91 million in cash.