J&J reports quarterly loss on $13.6 billion tax charge
(Reuters) - Johnson & Johnson reported a quarterly loss due to a $13.6 billion charge related to the new U.S. tax law, but beat adjusted quarterly profit estimate on strong demand for new cancer drugs and gains from its Actelion acquisition. [Source]
Publication Date:Origin: reuters.com
Category: businessNews
Topics: quarterly, Johnson, charge, billion, acquisition, Actelion, gains, drugs, cancer, demand, strong, estimate, profit, adjusted, related, reported, (Reuters), reports