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.
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.
In the largest single-asset retail transaction to take place outside of Manhattan in nearly three years, Hollywood & Highland has been acquired by new owners with big plans.