Ivory Tolson, out of Howard University has addressed this

Today, with the arrival of proteonomics and genomics, the
26 Haziran 2015
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30 Temmuz 2015

Ivory Tolson, out of Howard University has addressed this

Caruso also went into the divestiture topic in the paragraphs prior to those comments.What this is saying is that even to get a non GAAP forward EPS raise, JNJ is selling off earning assets to develop/acquire new products or increase sales of old products (and pay dividends). This adds to the risk profile of the stock, as investments may or may not pay off.Overall, my assessment is that guidance was disappointing; no disaster, of course, but nothing that would lead to a stock price mark up.Results overviewSales were up 2% yoy, adjusting to 3% ex forex (slide 7). Earnings dropped 4.3% yoy, from $4.0 to $3.8 B.

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