CVS meets 4Q profit forecasts, reaffirms 2016 outlook

CVS Health’s fourth-quarter profit rose 13 percent, as acquisition gains helped the drugstore operator and pharmacy benefits manager meet Wall Street’s earnings expectations.The Woonsocket, Rhode Island, company said its $10-billion acquisition of pharmaceutical distributor Omnicare helped increase revenue in both its main businesses. That deal, which closed last summer, gave CVS Health national reach in dispensing prescription drugs to assisted living and skilled nursing homes, long