Categories
Small Business Lifestyle

Novartis Posts Results Above Estimates, Raises Outlook [Video]

Novartis (NVS) on Tuesday posted third-quarter results that beat analysts’ estimates and raised its full-year outlook, buoyed by strong sales of drugs like breast-cancer treatment Kisqali.

The Swiss pharmaceutical firm now forecasts 2024 core operating income growth of a high-teens percentage, compared with its previous target of a mid- to high-teens percentage.

Novartis now projects full-year net sales to grow by a low-double-digit percentage, up from a high-single-digit percentage to low-double-digit percentage previously.

“With the momentum in our business and pipeline, we were able to once again upgrade our full-year guidance and remain highly confident in our mid-term outlook,” Chief Executive Officer (CEO) Vas Narasimhan said

Aided by a 43% year-over-year constant-currency sales jump of Kisqali, third-quarter net sales rose 10% to $12.82 billion, while core operating profit increased 20% to $5.15 billion. Analysts polled by Visible Alpha expected $12.62 billion and $4.87 billion, respectively.

American depositary receipts (ADRs)of Novartis are trading down 3% …

Watch/Read More
Categories
Small Business Lifestyle

Georgia man attacked by suspects posing as Amazon workers [Video]

Police in Georgia are investigating a home invasion and assault where the suspects were dressed as Amazon delivery men.According to a police report from the Savannah Police Department, the incident happened on Saturday morning.In the above video, you can see the two men approach the home. After a few moments, they force their way in and a commotion can be heard inside. After they leave, the victim is heard yelling for help.Officers responded around 8:30 a.m. to find the front door of the home ajar and the victim covered in blood.The 66-year-old victim told police that he heard a knock at the door, looked out and saw two men "which appeared to be from Amazon based on their clothing, holding a box."When he opened the door, he told police, he was attacked and assaulted.Both suspects reportedly asked where money was before hitting him in the head with a metal object.A witness at the scene told officers that he saw a Black man wearing an Amazon jacket running.The victim was taken to the hospital for treatment. Video evidence was collected at the scene.Savannah Mayor Van Johnson said Tuesday, "We will find out who did this. We have heard about this happening across the country."A GoFundMe has been established to help the victim.Sister station WJCL reached out to an Amazon spokesperson about this crime. They said, "Based off our internal investigation, we can confirm that these individuals were not making a scheduled delivery for Amazon. We monitor the internet regularly for unauthorized Amazon apparel and demand that those items are removed when and where we can. People who make deliveries on behalf of Amazon do not routinely knock on doors nor ask customers to sign for packages unless already prearranged." Johnson said, "I will tell you, we need to exercise caution at all times you don't just open your door for anybody no matter who they are."

Categories
Small Business Lifestyle

Jamu is an Ancient Indonesian Tonic With Turmeric and Ginger [Video]

Jamu is an ancient Indonesian drink, typically made with turmeric, ginger, and various herbs and spices. It's been a cure-all in the country for centuries but has slowly made its way to the U.S.. Here's everything you need to know about this traditional drink.