Earnings Report

Aetna said it intended to withdraw plans to expand its Obamacare business next year, and the U.S. health insurer announced the sale of some Medicare Advantage assets to get antitrust nod for its takeover of Humana.

Pfizer reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.

Pfizer reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.

CVS Health, the No. 2 U.S. drugstore chain by store count, reported better-than-expected profit helped by strong demand for its pharmacy benefit management (PBM) services.

CVS Health, the No. 2 U.S. drugstore chain by store count, reported better-than-expected profit helped by strong demand for its pharmacy benefit management (PBM) services.

CVS Health, the No. 2 U.S. drugstore chain by store count, reported better-than-expected profit helped by strong demand for its pharmacy benefit management (PBM) services.

Procter & Gamble, the maker of Tide detergent and Gillette shaving products, reported better-than-expected quarterly sales, helped by strong demand for its baby, feminine and home care products.

Procter & Gamble, the maker of Tide detergent and Gillette shaving products, reported better-than-expected quarterly sales, helped by strong demand for its baby, feminine and home care products.

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Wall Street turned positive in afternoon trading on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month, as gains in Alphabet and Amazon more than made up for losses in energy shares.

Wall Street turned positive in afternoon trading on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month, as gains in Alphabet and Amazon more than made up for losses in energy shares.

Dow component Chevron reported a 2Q loss of $0.78 per share. Wall Street was expecting a profit of $0.32. Revenue for the company came in at $29.28 billion, topping the estimate for $28.54 billion

Dow component Chevron reported a 2Q loss of $0.78 per share. Wall Street was expecting a profit of $0.32. Revenue for the company came in at $29.28 billion, topping the estimate for $28.54 billion

Exxon Mobil, the world's largest publicly traded oil producer, said on Friday its quarterly profit tumbled 59 percent due to the slump in crude prices.

Exxon Mobil, the world's largest publicly traded oil producer, said on Friday its quarterly profit tumbled 59 percent due to the slump in crude prices.

United Parcel Service reported a higher quarterly net profit on Friday as revenue grew across all its business units and the company benefited from cost-cutting measures.

United Parcel Service reported a higher quarterly net profit on Friday as revenue grew across all its business units and the company benefited from cost-cutting measures.

Merck & Co reported better-than-expected quarterly profit and revenue, helped by growing demand for its new cancer treatment, Keytruda.

Merck & Co reported better-than-expected quarterly profit and revenue, helped by growing demand for its new cancer treatment, Keytruda.

Merck & Co reported better-than-expected quarterly profit and revenue, helped by growing demand for its new cancer treatment, Keytruda.