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Novartis beats Q3 2017 estimate, reaffirms FY17 sales view

Pharmaceutical company Novartis AG (NYSE: NVS) reported a 2% y-o-y increase in net sales in the third-quarter of fiscal 2017. The company also recorded a 7% jump in Q3 2017 net income. Further, the September quarter results surpassed analysts’ estimates.

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Investment banking rescues Goldman Sachs in Q3 2017

The global investment banking giant Goldman Sachs Group (NYSE: GS) reported a better-than-anticipated fiscal 2017 third-quarter results on Tuesday. Goldman Sachs also managed to beat fixed-income, currencies, and commodities (FICC) revenue estimate, while most of the major banks failed to

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Nike reports 24% y-o-y decline in Q1 2018 earnings

Apparel and footwear manufacturer Nike Inc (NYSE: NKE) reported mixed fiscal 2018 first-quarter results, last Wednesday. While the revenues failed to beat estimates, the adjusted earnings surpassed expectations. A strong growth in China was mainly responsible for the company to

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