J&J Profit Up on Drugs, Raises Forecast
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Johnson & Johnson JNJ.N on Tuesday  said its third-quarter profit rose almost 14 percent on higher  sales of prescription drugs, but U.S. 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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BJ's Wholesale Club Inc. (BJ.N) on Tuesday posted higher quarterly profit as soaring gasoline prices and strong demand for food boosted sales.
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Aetna Inc. AET.N on Thursday posted a  steep rise in quarterly profit as the health insurer boosted  its forecast for the rest of this year and gave a 2005 profit  estimate above analysts' views, pushing shares up 5 percent.
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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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Stocks rose on Monday as stronger-than-expected profits in the pharmaceutical sector and news of a takeover in the oil services industry fueled a rebound from Friday's sell-off.
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Eli Lilly and Co. (LLY.N: Quote, Profile, Research) on Thursday said it expects 2005 earnings to rise as higher sales of its newer drugs offset a decline in its top-selling schizophrenia drug Zyprexa.
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Pfizer Inc., the world&#39;s biggest drugmaker, said Wednesday third-quarter earnings rose on higher sales of key medicines. The New York based company said it earned $3.
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Drugmaker Merck & Co. Inc.  boosted its 2007 earnings forecast on Wednesday, based on early revenue indications from a range of products, sending its shares up nearly 3 percent in early electronic trading.
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German drugs and chemicals group Merck&#39;s third-quarter operating profit rose by a forecast-beating 42 percent, helped by strong sales of cancer drug Erbitux and liquid crystals for flat screen televisions.
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TJX Cos Inc  said on Tuesday that quarterly net profit rose, as it managed its inventories and drove shopper traffic with better marketing and merchandising initiatives.
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Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher.
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CVS Corp. , the No. 2 U.S. drugstore chain, posted higher quarterly profit on Thursday, driven by strong sales of prescription medications.
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Walgreen Co. WAG.N on Monday posted a  30.5 percent jump in quarterly profit, its largest increase in  four years, boosted by sales of generic drugs and digital photo  processing.
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Stocks rose at the open on Monday, boosted by takeover news and stronger-than-expected earnings in the pharmaceutical sector.
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The drug maker said net income rose 6 percent to $926.3 million and it raised its outlook for the year.
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UnitedHealth Group Inc. on Thursday said quarterly profit jumped nearly 46 percent as medical costs stabilized, and the No. 2 health insurer also boosted its 2005 forecast.