CVS Caremark says it hopes it is "setting an example" by declaring that it will stop selling cigarettes at its more than 7,600 retail pharmacies. Whether the move will have an impact on other retailers remains an open question.
Shares of CVS fell after the drug store chain said it would stop selling tobacco products. That's a short-sighted reaction from Wall Street.
In the modern economy, credit is king, according to Pimco's Bill Gross.