By: Benzinga
January 23, 2013 at 03:59 AM EST
UPDATE: Novartis Posts Rise In Q4 Profit
Novartis AG (NYSE: NVS ) reported a rise in its net profit in the fourth quarter. Novartis' quarterly net profit surged to $2.05 billion, versus $1.18 billion, in the year-ago period. However, analysts were expecting a profit of $2.38 billion. Its net sales came in at $14.83 billion. Novartis shares closed
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