J.&J. Earnings Rise Almost 10%
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Johnson & Johnson, the medical and consumer products company, said Tuesday that its fourth-quarter earnings rose almost 10 percent, in part because of lower taxes and a weak dollar that propelled overseas sales.
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Charges hurt the quarterly results of  Johnson & Johnson, Merck & Co. and Schering-Plough Corp., but  the drugmakers' shares rose as J&J's earnings beat Wall Street  forecasts and Merck sales edged higher despite the withdrawal  of its best-selling Vioxx arthritis drug.
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Johnson &amp; Johnson (JNJ.N: Quote, Profile, Research) on Tuesday said its third-quarter profit rose almost 14 percent on higher sales of prescription drugs, but US sales of medical devices slipped on competition from a rival heart device
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Johnson Controls Inc. JCI.N, said on  Tuesday that quarterly earnings rose 24 percent on growth in  both its automotive interiors and building controls business.
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U.S. stocks broke a four-day losing  streak to end higher on Tuesday, as better-than-expected  earnings from companies like Johnson & Johnson JNJ.N and  positive consumer confidence data pleased Wall Street.
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Department store operator J.C. Penney  Co. Inc.  on Thursday reported higher quarterly profit,  as fine jewelry, children's and women's accessories sold well.
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Shares in Apple jump more than 10% after record results and amid hopes of further strong profits.
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Off-price retailer TJX Cos. on Wednesday said improvements in inventory, cost controls and marketing boosted its fourth-quarter profit by almost 47 percent.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. said fiscal third-quarter earnings rose more than expected, led by gains in bond and commodities trading and higher fees from mergers and acquisitions advice.
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Shares of Apple Computer Inc.AAPL.O  rose more than 10 percent in early trade on Thursday, boosted  by its report that quarterly profit and revenue jumped on  robust sales of its iPod digital music players, and optimism  for results in the current quarter.
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Johnson Controls reported a 17 percent increase in fiscal third-quarter earnings Wednesday as sales in its building efficiency and power segments jumped.
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Network equipment maker Juniper  Networks Inc. JNPR.O on Thursday said quarterly earnings  rose, driven by good results in its mainstay routing and  security markets.
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Construction equipment maker JLG  Industries Inc.  on Monday reported better-than-expected  quarterly profit, helped by the strength of the commercial  construction sector.
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Manufacturer Johnson Controls Inc  said on Friday that quarterly earnings jumped 45 percent, better than expected, on strength in its building controls and automotive interiors businesses.
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ASDA, the UK&#39;s second-biggest supermarket chain, revealed yesterday that profits rose by 10.4 per cent last year, driven by its continued push into non-food products.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.
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American Expressâs 10 percent rise in earnings were helped by increased spending among its consumer and corporate clients.