CVS Health Corp. posted strong second-quarter earnings that easily beat Street estimates and raised its earnings forecast as it starts to reap the benefits of its acquisition of health insurer Aetna Inc.
Office Depot’s ongoing transformation to a more business-services oriented company continues to be a drag on its bottom line, even as the company managed to beat analysts’ expectations.
Barneys New York filed for bankruptcy protection with a plan to shrink its store footprint as it looks to find a buyer to breath new life into its struggling operations.