Johnson & Johnson reports third quarter earnings results

Johnson & Johnson reported their earnings results for the quarter ending September 30, which showed sales jumped 10.3% to $19.65 billion from $17.82 billion in the third quarter of 2016. 

As of 07:57 GMT, J&J's stock surged 3.38% in the New York Exchange, or 4.60 points to $140.72. 

J&J's results showed net profits rose 13.1% to $5.21 billion, or $1.90 per share, compared to $4.68 billion, or $1.68 per share in the same period last year.