CVS Beats Profit Expectations

(Reuters) - CVS Health Corp (CVS.N) reported a quarterly loss compared with a year-ago profit on Wednesday, as the drugstore retailer took an impairment charge. Net loss attributable to the company was $2.56 billion, or $2.52 per share, in the second quarter ended June 30, compared with a profit of $1.10 billion, or $1.07 per share, a year earlier. CVS, which agreed to buy health insurer Aetna (AET.N) in a $69 billion deal in December, said it expects the deal to close during the third quarter or early in the fourth quarter of 2018.