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Novartis raises full year core operating income guidance

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Novartis raises full year core operating income guidance

ZURICH/LONDON, Oct 26 (Reuters) - Novartis raised its ​full-year ‌core operating income guidance on Tuesday after ‌strong ​third-quarter ⁠demand for ⁠its key cancer and multiple sclerosis drugs. The ​Swiss drugmaker now ⁠expects ⁠core operating ​income...

Directly affected

  • NVS Novartis Ag+1.3% 17d

    Named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “drugs” (pharma and health) in this story.

  • XBI SPDR S&P Biotech ETF

    SPDR S&P Biotech ETF: it holds drugmakers and health companies. Linked by “drugs” (pharma and health) in this story.

  • EWL iShares MSCI Switzerland ETF

    iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“zurich”).

  • LLY Eli Lilly and+11.9% 30d

    Eli Lilly and (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “drugs” (pharma and health) in this story.

  • JNJ Johnson & Johnson-0.9% 30d

    Johnson & Johnson (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “drugs” (pharma and health) in this story.

  • PFE Pfizer+8.3% 30d

    Pfizer (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “drugs” (pharma and health) in this story.

  • MRK Merck+0.3% 13d

    Merck (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “drugs” (pharma and health) in this story.

Price reaction, T-5 to T+3

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Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Novartis raises full year core operating income guidance KFGO

Source: KFGO

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How solid “Novartis raises full year core operating income guidance” looks

75 out of 100

“Novartis raises full year core operating income guidance” scores 75 out of 100. The score uses 6 sources.