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J&J sales fall on strong dollar
January 26, 2016 / 11:48 AM / 2 years ago

J&J sales fall on strong dollar

Jan 26 (Reuters) - Johnson & Johnson reported a 2.4 percent drop in fourth-quarter sales, hurt by a strong dollar.

The company’s net earnings rose to $3.22 billion, or $1.15 per share, for the quarter ended Dec. 31, from $2.52 billion, or 89 cents per share, a year earlier.

Sales fell to $17.81 billion from $18.25 billion. (Reporting by Ankur Banerjee in Bengaluru; Editing by Sriraj Kalluvila)

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