Financials
Thursday, January 26, 2017
Moody's puts Novartis on notice over debt-funded buyback plan
ZURICH, Jan 26 (Reuters) - Moody's cut Novartis's
debt rating outlook on Thursday to negative from stable, saying
the Swiss drugmaker's borrowing capacity would be weakened by
its debt-financed share buyback at a time of stagnating sales.
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