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  • U.S. blue chips rise; J&J higher, Goldman falls

    12/16/2004 1:35:49 PM PST · by frog_jerk_2004 · 2 replies · 175+ views
    U.S. blue chips rise; J&J higher, Goldman falls Thu Dec 16, 2004 12:42 PM ET (Updates to late morning) By Anupama Chandrasekaran NEW YORK, Dec 16 (Reuters) - U.S. blue chips moved higher on Thursday, getting a lift from Johnson & Johnson (JNJ.N: Quote, Profile, Research) following its acquisition of medical device maker Guidant Corp. (GDT.N: Quote, Profile, Research) , but broader market gains were capped after investment bank Goldman Sachs posted disappointing quarterly revenues. Deutsche Bank also upgraded Johnson & Johnson to "buy" from "hold." The health-care products company sealed its $25.4 billion deal to buy Guidant late on...