Rochester, NY 7/11/2009 3:06:10 AM
End of Day Results - JNJ - Sales Down Again, for the 3rd Time; Reports Johnson & Johnson - Sourced WhisperFromWallStreet.com
Johnson & Johnson
End of Day Results - JNJ - Sales Down Again, for the 3rd Time; Reports Johnson & Johnson - Sourced WhisperFromWallStreet.com
JOHNSON AND JOHNS DC,JNJ
56.89 Up 0.20 (0.35%) 3:59pm ET
Johnson & Johnson, a Dow component and the world's biggest healthcare company, reports earnings for the second quarter on Tuesday morning. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The maker of baby shampoo, Band-Aids, medical devices and biotech drugs, Johnson & Johnson, a household name seen as an economic bellwether, is showing some wear and tear from generic competition, unfavorable exchange rates, other pressures on the industry and the recession dampening consumer spending. Despite that, it's still making some strategic, midsize deals. After years of reliable revenue and profit increases, J&J has seen revenue decline about 5 percent the last two quarters, and net income was down slightly in the first quarter.
Last Trade: 56.73
Day's Range: 56.25 - 57.38
52wk Range: 46.25 - 72.76
Volume: 10,615,581
ABOUT
Johnson & Johnson engages in the research and development, manufacture, and sale of various products in the health care field worldwide. Its Consumer segment provides products used in baby care, skin care, oral care, wound care, and womens health care fields, as well as nutritional and over-the-counter pharmaceutical products under JOHNSONS, AVEENO, CLEAN & CLEAR, NEUTROGENA, RoC, LUBRIDERM, LISTERINE, REACH, CAREFREE, STAYFREE, SPLENDA, TYLENOL, SUDAFED, ZYRTEC, MOTRIN IB, and PEPCID AC names.
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