US pharmacy giant CVS ends tobacco sales and changes name
US pharmacy chain CVS Caremark has stopped selling tobacco products nearly a month earlier than planned.
They have also changed their corporate name to CVS Health to reflect the change, although the signage on their drugstores won't change.
CVS expects to lose about $2bn (£1.2bn) in annual revenue from the move, which rivals claim will have little impact on reducing smoking.
CVS shares closed at their highest value in 34 years on the news.
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