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>> HIP REPLACEMENT Latest News

JAN 29, 2014 - Yahoo! News

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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