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Stock Market & Financial Investment News

News Breaks
February 22, 2013
09:21 EDTNVSNovartis holders approve all proposed resolutions, raise dividend 2% to CHF 2.30
The majority of Novartis shareholders followed the board's recommendations for all proposed resolutions at the Group's Annual General Meeting. Shareholders approved a dividend with an increase of 2% to CHF 2.30 for 2012. The dividend payment of CHF 2.30 per share for 2012 compared to CHF 2.25 in 2011, represents a payout ratio of approximately 65% of net income from continuing operations. Payment for the 2012 dividend will be made with effect from March 1, 2013.
News For NVS From The Last 14 Days
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May 4, 2015
07:35 EDTNVSNewYorkBio to hold a conference
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May 1, 2015
15:14 EDTNVSExpress Scripts in settlement pact related to alleged Novartis kickbacks
Accredo Health, a wholly-owned subsidiary of Express Scripts (ESRX), entered a settlement and dismissal agreement with United States Attorney for the Southern District of New York, Preet Bharara, related to Accredo's alleged involvement in Novartis's (NVS) alleged participation in a kickback scheme involving Exjade, according to a court filing. In settlement of the United States' claims against Accredo in this action, Accredo shall pay to the United States a sum just over $45M, according to the court filing. A recent filing with the SEC noted that a total of $60M was set aside by Express Scripts to resolve the allegations with the federal government and all 50 states and a company spokesman confirmed the settlement involves $60M, according to The Wall Street Journal. Reference Link
07:43 EDTNVSExpensive drugs drove over 25% of 2013 Medicare drug spending, WSJ says
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April 27, 2015
10:30 EDTNVSNovartis says Phase III Arzerra study met primary endpoint
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06:19 EDTNVSPharmceutical companies buy drugs and raises prices, WSJ reports
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April 23, 2015
09:52 EDTNVSEli Lilly sees at least $200M in savings from Novartis Animal Health acquisition
05:25 EDTNVSNovartis backs FY15 revenue guidance of growth in mid-single digits
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05:22 EDTNVSNovartis reports Q1 Core EPS $1.33, consensus $1.10
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