Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
New to Comunitee?

or Sign Up with Email



JAN 22, 2013 - Yahoo! News

A Must Read - Share

Johnson & Johnson beats forecast, but 2013 view lags expectations

(Reuters) - Johnson & Johnson reported better-than-expected fourth-quarter earnings on Tuesday, but took another big special charge for its recalled artificial hips and forecast 2013 earnings below Wall Street forecasts. The diversified healthcare company said it earned $2.6 billion, or 91 cents per share. That compared with $218 million, or 8 cents per share, in the year-ago period when the company took charges of more than $3 billion, including $800 million for medical costs related to recalls of defective "metal-on-metal" hip replacement devices made by its DePuy Orthopedics unit. ...

Tags: Johnson & Johnson beats forecast, but 2013 view lags expectations,  Hip Replacement Latest News