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CVS Raise 2014 Earnings Outlook on Obamacare

 (Image source: plazadelapaz)

CVS Caremark Corporation (NYSE:CVS) shares are currently trading 3 percent higher as a result of increasing quarterly dividends by 22 percent and raising its fiscal 2014 earnings outlook by 14 cents. CVS cited the Affordable Care Act as a major reason for its optimism going into next year. The company believes it can benefit from people signing up for health and being more conscience about the cost of health care.