Johnson & Johnson Q2 Soars 172% Thanks to a Brutal 2012

Published: Jul 16, 2013

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Health care giant Johnson & Johnson JNJ +0.59%‘s profit more than doubled in the second quarter, partly driven higher from a recent sale and strong medical-device sales, but also made possible by an easy comparison to a figures from a year ago. In addition, the company increased its full-year profit forecast, offering investors another optimistic signal that it’s successfully moving past a period marred by product recalls and manufacturing problems.

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