J&J Declines After Sales Growth Limited by Economy
By Alex Nussbaum
July 19 (Bloomberg) — Johnson & Johnson, the world’s second-biggest maker of health-care products Omega replica watches, declined after sales growth was limited by the faltering economy and generic competition.
Second-quarter net income slipped 20 percent to $2.78 billion, or $1 a share, from $3.45 billion, or $1.23, a year earlier, the New [...]