Novartis's net profit rises 13%, driven by a 19% sales increase

Article Abstract:

Novartis AG of Switzerland posted net profit increases of 13 percent or $1.67 billion in the third quarter, up from $1.47 billion last year. Sales increased 19 percent to $8.42 billion. The increases were driven by growth in sales and a decrease in marketing spend.

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Swiss Life net drops as capital gains fall

Article Abstract:

Swiss Life posted a drop in its net profits for the 2001 first-half. The company posted 253 million Swiss francs (158.4 million euros) in net profits for the period, compared to 372 million francs during the same 2000 period.

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Swiss Life Shares Will Be Comatose Until Markets Revive

Article Abstract:

Due to the drop in the stock market, Swiss Life is experiencing some financial difficulty. As such, the company's earnings are off from expectations.

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