Johnson & Johnson, Imerys ordered to pay additional US$80mln in punitive damages in talc-cancer case
A New Jersey state court jury awarded the damages today, the report says
Company
NYSE:JNJ
Johnson & Johnson is a diversified healthcare products company. The company is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. It operates through two segments: Pharmaceutical and MedTech.
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A New Jersey state court jury awarded the damages today, the report says
Investment banker claimed asbestos in talc product caused cancer
The new tax law saw the company make a provisional tax charge of US$13.27bn
Wall Street shares are seen starting mixed - what else is happening in pre-market deals?
Hardware & electrical equipment
Proactive takes a look at pre-market trade in New York, and picks out some highlights
US stocks were mixed at the close, with the Nasdaq in the red
In the third quarter, revenue from its largest unit, the pharmaceutical arm, surged 15%, boosted by the US$30bn acquisition of Swiss biotech Actelion earlier this year and new additions including Darzalex
We take a look at what's moving the needle in pre-market deals in New York
Swiss bank UBS repeated a 'buy' on the shares, targeting $148, while Stifel says it's poised to accelerate growth in the second half.
We look at what's coming up before the bell this week in New York trade
In pre-market trade, shares in motorcycle giant Harley-Davidson Inc dropped almost 9%
Johnson & Johnson shares were changing hands at US$133.50 each, up 1%.
Over 1,000 plaintiffs have sued J&J in the state of Missouri but most are from outside of the state.
Global sales pipeline for the ShareRoot platform continues to strengthen.
Google's promise to crack down on adverts from appearing alongside extremist content has failed to reassure clients
Alphabet the owner of Google, now has a Standard & Poor’s credit rating on a par with the United States of America
US stocks marked a fresh raft of record highs on Wednesday as the Fed brought forward the prospect of rate hikes in the world’s biggest economy and bank stocks hit record highs
Trending this morning: J&J abandons use of plastic in cotton buds; Valentine's Day; Rolls-Royce; Credit Suisse
AbbVie Inc shares were lower on Friday after the pharma reported quarterly adjusted revenue that missed analysts' estimates as weaker-than-expected sales of its hepatitis C treatment and cancer therapy overshadowed strong US demand for its
US stocks closed mixed on Thursday, with the Dow and Nasdaq marking fresh record highs but the S&P 500 doing as much – before heading lower after US President Donald Trump mooted that he was weighing up a 20% border tax on Mexican imports t
J&J is paying $280 a share in cash for Actelion, retaining the Swiss firm's commercially available treatments for rare diseases such as pulmonary arterial hypertension.
US shares ended higher on Wednesday, as energy investors shrugged off a jump in US oil stocks, and markets took a sanguine view of President-elect Donald Trump’s first speech since he won the November election
US stocks ended the year on a low point, as the Dow ebbed further away from 20,000 and other tickers also printed sharp declines
On the last full day’s trading before the Christmas holiday, US stocks ended lower on Thursday as markets began to wind down
J&J abruptly bowed out of the bid process for Actelion last week after the Swiss firm said that it was “engaged in discussions with another party”.
Glaxo has developed the new two-drug cocktail through its majority-owned ViiV Healthcare joint venture, in which US firm Pfizer and Japan’s Shionogi also hold stakes.
Johnson & Johnson shares rose on Friday despite a federal court ruling in Dallas on Thursday which ordered the pharma and its DePuy Orthopaedics unit to pay more than $1bn to six Californian plaintiffs who said they were injured by Pinnacle
US stocks snapped back from initial losses to close Wednesday higher and the Dow even managed an intraday record peak, while small-caps had one of their best days in 14 years, after Donald Trump and the Republicans’ sweep into office
The world’s largest healthcare company Johnson & Johnson’s third-quarter earnings per share came in 3 cents higher than analysts’ forecasts. But Pfizer said it will launch a cheaper competing product to J&J's flagship drug Remicade
US stocks ended higher on Tuesday with a boost from high drama in the healthcare sector
Tracon expects to initiate a Phase 1/2 proof-of-concept (POC) clinical trial for one of the molecules, TRC253, in prostate cancer applications in the first half of next year.
Sales and earnings guidance has now been upgraded.
US stocks closed lower on Monday as weaker oil prices, worries over a possible UK Brexit vote and anxieties ahead of the Federal Reserve rate meeting midweek, unsettled the bourse
Signs of stability returning to the battered Chinese economy buoyed markets
Johnson & Johnson first quarter results bode well for the Medtech industry's earnings season, broker Wedbush says
US stocks close higher as oil price gains on the back of signs of stability returning to the battered Chinese economy
In the small cap world, the Russell 2,000, was around seven points higher at 1,146.
Wall Street shares are set for a higher open after a good day yesterday, which saw stocks close at their highest levels of the year.
In the small cap world, the Russell 2,000, was around seven points higher at 1,146.
Drug company boosted 2015 revenues and achieved better-than-expected dip in earnings
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Britain's blue chips closed the afternoon session lower after uninspiring UK economic data and as energy powerhouse Centrica weighed.
Open Outcrier tweets that there is “vague takeover chatter” concerning a takeover of drugs giant GlaxoSmithKline by healthcare behemoth Johnson & Johnson.
An oil rally sent both Brent and U.S. crude briefly above $32 a barrel.
Below are some of the main news-driven share price changes as at 11:33 a.m. in New York.
Molson Coors is a bright spot on bid speculation, but otherwise it has been a dull day for stocks.
Investments and investor services
Shares are holding their ground, helped by a little bit of bid speculation
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After a long winning streak, investors are set to bank profits following some worrying trade data overnight from China.
The healthcare-docused consumer products group could buy back up to 3.8% of its shares in issue.
Wall Street headed for its first four-day winning run since January, after a landmark nuclear deal between Tehran and six global powers left sanctions on Iran in place for now, while weaker-than-expected retail sales spurred bets on timing
Wall Street is set to open lower today as investor focus shifted from Greece to the U.S. earnings season and after an Iranian nuclear deal stoked fears of oil-market oversupply. Futures for the Dow Jones Industrial Average slipped 0.1 perce