CVS Health Beats Q2 Profit Estimates
CVS Health Corp posted its second-quarter earnings on Wednesday, beating Wall Street expectations. The pharmaceutical chain reported a profit of $2.21 per share, beating analysts' estimates of $2.11 per share.
Sales for the company's health services segment rose 7.6% to $46.22 billion compared to the...
Pharma Chain CVS Health is Laying Off 5,000 Workers in a Cost-Cutting Effort
CVS Health, one of the biggest pharmacy chains in the U.S., will lay off 5,000 workers as part of the cost-cutting efforts. The news was first reported by Wall Street Journal, with the company later confirming the news in a statement.
According to CVS Health,...