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Reuters: Dollar, cost cuts help Novartis Q2 beat forecast

Started by chris, July 17, 2008, 10:41:07 AM

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chris

Dollar, cost cuts help Novartis Q2 beat forecast
      


ZURICH (Reuters) - Second-quarter net profit at Novartis AG  rose 17 percent to $2.27 billion, helped by the weak U.S. dollar and cost cutting efforts, beating forecasts and boosting its shares.
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