Novartis AG raised its full-year guidance Wednesday as it reported strong growth of its newer drugs, bolstering its chief executive’s efforts to focus the pharmaceutical giant on higher-value medicines.
The Basel, Switzerland-based company said it now expects core operating income to grow by a high single-digit percentage, up from earlier guidance of a mid-to-high single digit rise. It said it continued to expect sales to increase by a mid-single-digit percentage.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Revamping his annual bonus.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks rally again to record highs as earnings smash expectations — 'Is it different this time?'Better-than-expected earnings unleashed a wave of optimism in the US, sending the S&P 500 to its 'third big high.' Asia and Europe weren't as upbeat. When the “is it different this time?” stories start it is time to het your money out because a crash is around the corner 'earnings smash expectations'. Whose earnings? The 99%ers'?
Source: BusinessInsider - 🏆 729. / 51 Read more »
European shares dip as China policy concerns temper earnings boostEuropean shares pulled back from eight-month highs on Wednesday as worries over ...
Source: Reuters - 🏆 2. / 97 Read more »
Caterpillar is set to report earnings before the bell — here's what the Street expectsCaterpillar is reporting first-quarter earnings before the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Boeing earnings expected before the bell as market looks for 737 Max newsBoeing's first-quarter earnings report is expected before the market opens on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »