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J&J beats forecasts as sales of new drugs shine

Tuesday, 15 April 2014 11:35
By Ransdell Pierson (Reuters) - Johnson & Johnson reported quarterly earnings well above expectations, as strong sales of new drugs offset weak demand for consumer products and medical devices, and the company slightly raised its full-year profit view. Shares were up 2.5 percent in premarket trading. J&J on Tuesday said it earned $4.73 billion, or $1.64 per share, in the first quarter. That compared with $3.5 billion, or $1.22 per share, in the year-ago quarter,…
Washington Post editorial backs Comcast-TWC merger with conditions
Tuesday, 15 April 2014 11:35
WASHINGTON (Reuters) - U.S. regulators should approve the proposed $45.2 billion merger of two biggest U.S. cable providers Comcast Corp and Time Warner Cable Inc, but set "clear conditions," Washington Post's editorial board said on Tuesday. Public interest groups and some lawmakers have opposed a merger, saying it would allow Comcast to raise cable television rates and gain more power over what Americans watch on TV or online. In Tuesday's newspaper, the newspaper's editorial board…
U.S. consumer inflation rises on higher food, rental housing costs
Tuesday, 15 April 2014 11:35
WASHINGTON (Reuters) - U.S. consumer prices rose slightly more than expected in March, suggesting a disinflationary trend had run its course. While the increase last month should allay concerns among some Federal Reserve officials that inflation was too tame, price pressures remain subdued enough for the U.S. central bank to keep interest rates low for a while. The Labor Department said on Tuesday its Consumer Price Index increased 0.2 percent in March, as a rise…
Gunmen kidnap Jordan's ambassador to Libya
Tuesday, 15 April 2014 11:35
Tripoli (AFP) - Masked gunmen kidnapped Jordan's ambassador to Libya as he rode to work in Tripoli on Tuesday, shooting at his car and wounding his driver, officials said. It was the latest targeting of Libyan leaders and foreign diplomats in the increasingly lawless North African country, three years after NATO-backed rebels ousted autocratic leader Moamer Kadhafi. "The Jordanian ambassador was kidnapped this morning. His convoy was attacked by a group of hooded men on…
Kate Middleton Proves Duchesses Are Just Like Us With a Red Hot Fashion Repeat!
Tuesday, 15 April 2014 10:46
Anthony Devlin/PA, Danny Martindale/FilmMagic Every time Kate Middleton re-wears an outfit, an angel gets its wings. Just kidding, but every time the down-to-earth Duchess repeats an already awesome fashion choice, we do love her just a tiny bit more, if that was even possible. The latest double duty look comes in the form of a scarlet red suit first spotted in St.
These races will determine control of the Senate
Tuesday, 15 April 2014 10:46
STORY HIGHLIGHTSRepublicans must pick up six seats to win control of the SenateSix Democratic races and two Republican races are key to the balance of power Washington (CNN) -- In the battle for the Senate, eight races could determine the balance of power. Democrats currently hold six of the seats while Republicans hold the other two, meaning that the Democrats must defend their territory -- a difficult task in a midterm election with a Democratic…
Hillsborough: A tragedy that united a city
Tuesday, 15 April 2014 10:46
STORY HIGHLIGHTSThe Hillsborough stadium disaster claimed lives of 96 football fans on April 15, 1989Former Liverpool player Steve McManaman was in the stands at ground in SheffieldThe tragedy united the English city, with Everton supporters also mourning those who diedIt led to a change in stadium safety rules, while a new inquest has begun Follow us at @WorldSportCNN and like us on Facebook (CNN) -- Like many parents across the city of Liverpool, the McManamans…
Should Obama use the power of his pen to push immigration reform?
Tuesday, 15 April 2014 10:46
STORY HIGHLIGHTSActivists, some Democrats want Obama to use executive action to stem deportationsRepublicans warn that using the pen will risk broader immigration reform effortsImmigration and political analysts say Obama could do more but must tread carefullySome Democratic lawmakers, immigration activists expect the President to act soon Washington (CNN) -- Immigration champion Rep. Luis Gutierrez feels confident that President BarackObama will use his executive powers to push through reform. House Speaker John Boehner feels confident that…
Jordan's ambassador to Libya is kidnapped in Tripoli
Tuesday, 15 April 2014 10:46
(CNN) -- Jordan's ambassador to Libya was kidnapped in central Tripoli on Tuesday, the Jordanian Foreign Ministry said. Ambassador Fawaz al-Aytan was abducted along with his security detail, according to the ministry. His driver was injured. A spokesman for the Libyan Ministry of Foreign Affairs said the ambassador's vehicle was ambushed by two other vehicles and he was taken away. 0 Comments » SHARE THIS
'Growing Pains' star talks addiction
Tuesday, 15 April 2014 10:46
.cnn_html_media_utility::before{color:red;content:'>>';font-size:9px;line-height:12px;padding-right:1px}.cnnstrylccimg640{margin:0 27px 14px 0}.captionText{filter:alpha(opacity=100);opacity:1}.cnn_html_slideshow_media_caption a,.cnn_html_slideshow_media_caption a:visited,.cnn_html_slideshow_media_caption a:link,.captionText a,.captionText a:visited,.captiontext a:link{color:#004276;outline:medium none}.cnnVerticalGalleryPhoto{margin:0 auto;padding-right:68px;width:270px}]]]]]]>]]]]>]]> "Growing Pains" star Jeremy Miller recently revealed to "Entertainment Tonight" that he's struggled with alcohol abuse.