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J&J hikes 2014 forecast for a third time

2014-10-14 16:32:47| Food - Topix.net

Johnson & Johnson lifted its 2014 earnings forecast a third time after pharmaceutical sales helped the world's biggest maker of health care products trump analyst expectations for its recently concluded quarter. J&J booked an 18 percent jump in worldwide pharmaceutical sales in the third quarter, which helped it counter revenue declines in both its medical device and consumer segments.

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