Novartis posts 1 percent increase in 3Q net profit, says charges prevented better resultOctober 22nd, 2009 Novartis posts 1 percent growth in 3Q net profitGENEVA — Drug maker Novartis AG has posted a 1 percent increase in third-quarter net profit driven by strong sales from its pharmaceuticals division. The $2.1 billion profit is up from $2 billion in the same period of 2008.
Halliburton reports 3Q profit of $262M, says revenue in North America slightly higher from 2QOctober 16th, 2009 Halliburton reports 3Q profit of $262MNEW YORK — Halliburton Co. is reporting that conditions are improving in North America, the hardest hit area for the oil industry, though third-quarter profits fall well short of the same period last year.
Drug company Novartis: Activists steal ashes of CEO's mother, torch his hunting lodgeAugust 4th, 2009 Novartis: Activists steal ashes of CEO's momBERN, Switzerland — Drug maker Novartis AG said Tuesday that animal rights activists have stolen the ashes of its CEO's mother and set fire to his Austrian hunting lodge. Swiss authorities, however, said they didn't know who was behind the attacks.
Drug company Novartis: Militants steal ashes of CEO's mother, torch his hunting lodgeAugust 4th, 2009 Novartis: Militants steal ashes of CEO's momBASEL, Switzerland — Drugmaker Novartis says animal rights militants have stolen the ashes of its CEO's mother and set fire to his hunting lodge. Swiss authorities say they don't know who was behind the arson at CEO Daniel Vasella's lodge in Bach, Austria, early Monday or the attack on the mother's grave a week earlier.
UCO Bank reports higher net profitJuly 30th, 2009 KOLKATA - State-owned UCO Bank posted a net profit of Rs.178.85 crore for the quarter ended June 30, compared to Rs.133.44 crore for the first quarter of the previous year.
"Total income has increased from Rs.19,991.60 million (Rs.1,999.16 crore) for the quarter ended June 30, 2008 to Rs.25,836.80 million (Rs.2,583.68 crore) for the quarter ended June 30, 2009," the bank said in a statement Thursday.
EID Parry reports dramatic rise in net profitJuly 29th, 2009 CHENNAI - The city-based EID Parry (India) Limited closed the first quarter of the current fiscal with a marginal increase in its top line while its net profit rose dramatically by Rs.23.48 crore compared to the corresponding period of the previous year. The company, part of the diversified Murugappa group, on a standalone basis closed the first quarter with a turnover of Rs.205.34 crore and a net profit of Rs.34.89 crore, compared to Rs.203.80 crore and Rs.2.77 crore declared in Q1 the previous year.
New York Times Co. reports 2nd-quarter profit despite an ad declineJuly 23rd, 2009 New York Times Co. reports surprising 2Q profitNEW YORK — The New York Times Co.
Swiss bank Credit Suisse reports 29 percent rise in 2Q net profit to $1.41 billionJuly 23rd, 2009 Credit Suisse reports $1.41 billion 2ndQ profitZURICH — Swiss bank Credit Suisse Group has reported a 29 percent rise in second-quarter net profit to 1.57 billion francs ($1.41 billion). The bank says the results include one-time charges, legal costs and tax benefits.
Cargo shipper Forward Air reports that second-quarter profit plummeted 76 percentJuly 20th, 2009 Forward Air profit plummets 76 percentGREENEVILLE, Tenn. — Cargo shipper Forward Air Corp.
H&R Block reports strong fourth-quarter profit on higher bank income, tax prep feesJune 29th, 2009 H&R Block reports better-than-expected 4Q profitKANSAS CITY, Mo. — H&R Block, the nation's largest tax preparer, has reported better-than-expected profit for its fiscal fourth quarter as higher fees and more consumer financial services income offset a decline in the number of tax returns it prepared.
Carnival books better-than-expected 32 percent drop in 2nd-qtr profit but lowers 2009 outlookJune 18th, 2009 Carnival reports 32 percent drop in 2Q profitMIAMI — Cruise operator Carnival is reporting a better-than-expected 32 percent drop in second-quarter profit but is lowering its full-year forecast to reflect rising fuel costs. Miami-based Carnival Corp.
Swiss drugmaker Novartis says produces first batch of swine flu vaccine grown in cellsJune 12th, 2009 Novartis produces first batch of swine flu vaccineBASEL, Switzerland — Swiss pharmaceuticals company Novartis AG said Friday it has produced a first batch of experimental swine flu vaccine, a day after the World Health Organization declared the disease a pandemic. The vaccine hasn't yet been tested and cannot be used in humans yet.
Wal-Mart reports flat 1st-quarter profit, revenue hurt by stronger dollarMay 14th, 2009 Wal-Mart reports flat 1st-quarter profitLITTLE ROCK, Ark. — Wal-Mart Stores Inc.
Consumer products maker Unilever reports 45 percent fall in 1st-quarter net profit, sales dipMay 8th, 2009 Unilever first-quarter net profit falls 45 percentAMSTERDAM — Unilever NV, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported a 45 percent fall in net profit for the first quarter, as sales dipped and restructuring costs increased. The company says net profit was euro731 million, down from euro1.34 billion.
Novartis scrip hits upper circuit on stake-hike newsMarch 25th, 2009 MUMBAI - The Novartis India scrip jumped almost 20 percent Wednesday to hit the upper circuit after Novartis AG of Switzerland, a group subsidiary, said it would make an open offer to acquire an additional 39 percent stake in the Indian unit. The Novartis scrip, which opened at Rs.275.60, shot through the roof after the announcement, rising 19.99 percent above its last closing figure to rule at Rs.330.70.
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