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FEP’s shareholder proposals will cover CVS’s penchant for corporate incest by allowing their board of directors to simultaneously sit on the boards of other companies, rescinding Home Depot’s discriminatory racial equity audit proposal passed at last year’s board meeting. A non-discrimination audit analyzing the effectiveness of Yum! Brands so-called anti-racist policies and Charles Schwab’s potential violation of civil rights in failing to protect against viewpoint discrimination and the risk of financial institutions “debanking” customers based on their political viewpoints. Proposal To CVSI...
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CVS Health beat on top and bottom lines and gave good guidance.The stock is moving higher on news of another acquisition as well.Analysts’ sentiment is clear, CVS is the choice above other drugstore chains.5 stocks we like better than CVS HealthThe price action in CVS Health (NYSE:CVS) has been coiling up over the last 15 months and it looks ready to spring higher. The latest earnings report confirms the trend and trajectory of growth and has the market moving higher even now. What this means for investors is a multiple potential expansions that could easily take it up to new all-time highs. Q...
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Auditing CVS’s Policies“What we are asking the company for is a report that focuses on whether, in its myriad diversity, inclusion and equity efforts, the company is discriminating against employees that it has not honored with the label ‘diverse,'” FEP Director Scott Shepard said at the virtual meeting while presenting the proposal. Q1 2022 hedge fund letters, conferences and more Shepard noted that in its quest for so-called "equity," the company has shown preference to employees who are female or members of certain racial groups. He added that on top of the legal and moral conundrums that s...
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Choice Equities Fund commentary for the second quarter ended June 2021, discussing their new position in new position Identiv Inc (NASDAQ:INVE). Q2 2021 hedge fund letters, conferences and more Dear Investor: I hope this letter finds you well. I am pleased to report another positive quarter of appreciation for our portfolio. Choice Equities Fund generated gains of +6.2% on a net basis in the second quarter, for year-todate gains of +37.1%. This compares to the Russell 2000’s +4.3% gain for the quarter and its +17.5% return for the year thus far. The S&P 500 produced gains of +8.6% for the quar...
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