Johnson & Johnson: The New Brunswick, N.J.-based...

Johnson & Johnson: The New Brunswick, N.J.-based company reported first-quarter net income of $418 million, a 13% increase from $369 million for the year-ago period. Revenue was $3.2 billion, a 12% increase over last year’s $2.8 billion. The company attributed the higher results to “outstanding performance” by the health-care company’s pharmaceutical business and gains in its professional segment and its U.S. domestic consumer operations.