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Home › Johnson & Johnson beats Street 1Q forecasts

 

Johnson & Johnson beats Street 1Q forecasts

2015-04-14 16:05:00| Biotech - Topix.net

Johnson & Johnson's first-quarter profit fell 8.6 percent, hurt by unfavorable exchange rates, a divestiture and a slightly higher tax rate. Despite the world's biggest maker of health care products reporting an uncharacteristic profit drop, J&J surpassed Wall Street expectations, sending its shares higher.

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Category:Biotechnology and Pharmaceuticals

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