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Business News
Aetna tops 2Q profit forecasts
Aetna's second-quarter earnings jumped 33 percent and the health insurer raised its 2015 forecast again after receiving a boost from a government business it plans to feed with a $35 billion acquisition....
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Kellogg's US breakfast business shrinks again
BATTLE CREEK, Mich. (AP) -- Kellogg says its U.S. cereal division saw another decline in quarterly sales but that trends in the category were improving....
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Freddie Mac posts $4.2B profit in 2Q; paying $3.9B dividend
WASHINGTON (AP) -- Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages....
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Shire offers to buy Baxter drug spinoff for $30 billion
NEW YORK (AP) -- Irish drugmaker Shire PLC Is offering to buy Baxalta Inc. for about $30 billion in stock in a move to solidify its position in rare disease treatments....
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CVS earnings rise despite no tobacco fix
Pricey specialty drugs helped CVS Health cope with tobacco withdrawal to top analyst expectations in the second quarter....
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