BRIEF-Public Storage Q3 FFO per share $2.51
* Public storage reports results for the three and nine months ended september 30, 2016 and increases quarterly common dividend by 11 percent to $2.00 per share
ZURICH Oct 22 Swiss drugmaker Novartis is reviewing its business units that do not have global scale and critical mass, its chief executive said on Tuesday.
"It's important that each of our businesses have global scale and critical mass," Joseph Jimenez told reporters on a conference call.
He cited the drugmaker's pharmaceutical business, its Alcon eyecare unit and generics division Sandoz as fulfilling that criteria.
"In the other businesses we are looking at ways to either strengthen them or to think about other opportunities for those businesses," he said.
Novartis has five business units, including vaccines and consumer health activities.
New chairman Joerg Reinhardt has launched a review of the drugmaker's portfolio, fanning speculation that some of the company's smaller units could be sold, spun-off or integrated into other divisions. (Reporting by Caroline Copley)
* Q1 earnings per share view $0.14 -- Thomson Reuters I/B/E/S
* Says further work is required before it can be determined whether restatement of historical financial statements will be required