PRESS DIGEST- Financial Times - May 1
May 1 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
April 18 Johnson & Johnson, which is in the process of completing its $30 billion acquisition of Swiss biotech Actelion, reported on Tuesday a 1.6 percent rise in first-quarter sales.
The diversified healthcare company's sales rose to $17.77 billion in the first quarter from $17.48 billion a year earlier.
J&J's net earnings in the quarter were $4.42 billion, or $1.61 per share. The company reported net earnings of $4.46 billion, or $1.59 per share, a year ago. (Reporting by Natalie Grover in Bengaluru; Editing by Martina D'Couto)
NEW YORK, April 30 Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an acquisition offer for Tribune Media Co, according to a source familiar with the matter.