Earnings roundup: Johnson & Johnson, US Bancorp

TRENTON, N.J. (AP)--Health-care giant Johnson & Johnson on Tuesday beat Wall Street expectations with an 8 percent jump in second-quarter profit, thanks to strong consumer sales and the weak dollar inflating sales overseas.

U.S. Bancorp said Tuesday its second-quarter earnings fell 18 percent as it more than tripled its provision for credit losses. The bank missed analysts' earnings expectations.