Tuesday, July 19, 2011 1:39:51 AM
It seems that NVS, being European-based, reports earnings in Euros and then converts them to dollars. As my previous post will attest, I'm more inclined to take an interest this time of night in a bottle of Chivas in celebration than to endure the drudgery of actually listening to the call.
If this is true, then it would seem that the MNTA earnings would be influenced by currency trends.
If this has been addressed in a prior message then pardon me; Googling when you're already half-Googled full of Chivas is more than I can bear.
Or could it be that since m-Enox is only approved in the US that all earnings are reported by NVS in dollars?
Bill
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