Health & Fitness 
Health and Fitness
Health and Fitness 
Wed, January 21, 2009
[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
] - Market Wire
[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
] - Market Wire
[ Wed, Jan 21st 2009
] - Market Wire
[ Wed, Jan 21st 2009
] - Market Wire
[ Wed, Jan 21st 2009
] - Market Wire
[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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[ Wed, Jan 21st 2009
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Tue, January 20, 2009
[ Tue, Jan 20th 2009
] - Market Wire
[ Tue, Jan 20th 2009
] - Market Wire
[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
] - Market Wire
[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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[ Tue, Jan 20th 2009
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Schaeffer's Street Stories: Johnson & Johnson Issues 2009 Earnings Warning
CINCINNATI--([ BUSINESS WIRE ])--Before the open this morning, healthcare giant Johnson & Johnson (NYSE: JNJ) announced fourth-quarter earnings of $2.71 billion, or 97 cents per share, compared with its year-ago profit of $3.27 billion, or 82 cents per share. The company said cost cuts offset weak sales of its drugs, devices, and consumer products amid the economic downturn.
"Fourth-quarter sales missed across all divisions, both international and domestic," Leerink Swann analyst Rick Wise said in a research report.
Global quarterly sales dropped nearly 5% to $15.2 billion, below the consensus estimate of $15.9 billion. Sales would have fallen only 1% if not for the strengthening dollar, which lowers overseas sales when converted back into U.S. currency.
To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/johnson+johnson+issues+2009+earnings+warning/observations.aspx?click=home&ID=90610 ]
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