October 14, 2008 at 12:40 PM EDT
Ticker Shock: Grainger, J&J Impress; Pepsi Lacks Pep
Holy smokes - we could be up 2 days in a row! What a difference a week makes huh?Asia is generally up with the Nikkei up more than 14%. Europe is well in the green and the Dow and S&P got off to a nice start this morning.Fingers crossed. Johnson & Johnson (JNJ)Before the open on Tuesday the company best known for stuff like Listerine and Band-Aids reported a third-quarter profit of $1.17 a share. That’s a hefty $0.06 north of expectations. Its revenue number apparently “beat” as well and the company increased its full-year earnings guidance to $4.50 to ...
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