Wednesday, January 25, 2017

Novartis Profit Dips; Plans $5 Bln Buyback; Mulls Options For Alcon; Stock Up

Shares of Novartis AG were gaining around 2 percent in the morning trading after the Swiss drug giant said it is initiating share buyback of up to $5 billion in 2017, and also announced higher dividend. The company also said it is reviewing options for the Alcon Division to maximize shareholder value. In its fourth quarter, the company reported lower profit.

from RTT - Earnings http://ift.tt/2jYCaWX
via IFTTT

No comments:

Post a Comment