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Swiss drug maker Novartis says Q3 net income drops following sale of shares to Merck last year

2015-10-27 12:55:47| Biotech - Topix.net

Swiss pharmaceutical giant Novartis says net income fell 42 per cent in the third quarter, largely due to the sale of its hepatitis drug unit a year earlier and provisions for legal settlements and fees. The company says the integration of businesses from a multibillion-dollar product exchange with rival GlaxoSmithKline earlier this year is on track.

Tags: to net year sale

Maker Movement Bringing Life Back to Warehouse Districts

2015-10-26 16:36:00| National Real Estate Investor

Leslie Braunstein From Detroit-based Shinola to craft breweries, artisanal food producers, and bespoke jewelry crafters nearly everywhere, modern small-scale manufacturing is breathing new life into long-abandoned warehouses and factories. read more

Tags: back life movement warehouse

Truck maker Volvo sees earnings rise but new orders fall

2015-10-23 17:00:11| Automakers - Topix.net

Swedish truck maker AB Volvo says a weaker currency boosted its third quarter earnings but noted that intake for new truck orders fell 15 percent, mainly due to a slowdown in North and South America.

Tags: fall orders rise truck

The CFO of Absolut vodka maker Pernod Ricard explains the key to...

2015-10-22 19:31:41| Beverages - Topix.net

You might not be familiar with the name Pernod Ricard, but there's a good chance you have consumed its products. The company, headquartered in France, is responsible for some of the most recognizable wine and spirits names in the world.

Tags: to key maker explains