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Stocks Mixed on Economic News, J&J Deal
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| Stocks were mixed in uneven trading Thursday, with less-than-stellar economic data pressuring stocks and upbeat corporate news, including Johnson & Johnson's $25.4 billion deal to buy Guidant Corp., giving investors reasons to buy. |
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Dec 17, 2004 01:06:01 |
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 61 ( -10 -16.39% ) | | Author | AP |
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| Other author's news: | - Swatch's Net Profit Rises 17 Percent - Swatch Group AG said Tuesday that its first-half net profit rose 17 percent as a result of strong demand for the company's luxury products.
- British Economy Grows 3.1 Percent in 2004 - The British economy grew by 3.1 percent in 2004, ending the year on a strong note despite continued declining output from production industries and the worst Christmas for retailers in more than 20 years.
- Abbott Labs 1Q Earnings Up 1.8 Percent - Health-care products maker Abbott Laboratories Inc. said Tuesday that first-quarter earnings rose 1.8 percent, helped by a 16 percent jump in sales that included double-digit gains in medical products and pharmaceuticals.
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