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Johnson & Johnson posts higher sales, big 4Q profit jump

Higher prescription drug sales helped push Johnson & Johnson's fourth-quarter profit up by 32 percent. The world's biggest maker of health care products reported net income of $4.01 billion, or $1.50 per share. That's up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings came to $1.88 per share, matching the expectations of industry analysts, according ...

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