London — Johnson & Johnson (J&J) boosted its financial guidance for the year, a sign the health-care giant believes it can successfully navigate the strains placed on the industry by the pandemic.

But its second-quarter profit was weaker than analysts had expected. After reining in its outlook earlier this year, the company said it now expects adjusted earnings for the full year of $7.75 to $7.95 a share, and revenue of $81bn to $82.5bn...

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