Johnson & Johnson
Merck revenue falls after dramatic drop in sales of Covid antiviral treatment
Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021. NurPhoto | NurPhoto | Getty Images Merck on Thursday reported first-quarter revenue that fell 9% from the same period a year ago largely due to a steep drop in sales […]
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Johnson & Johnson to price shares of consumer spinoff Kenvue at $20 to $23 in IPO
Johnson & Johnson products for sale in New York. Scott Mlyn | CNBC Johnson & Johnson will price shares of its consumer health spinoff Kenvue at $20 to $23 in an initial public offering later this year, the company said in a regulatory filing Monday. J&J said it launched a roadshow for the IPO of […]
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Johnson & Johnson consumer health unit valued at $40 billion ahead of IPO, report says
Johnson & Johnson logo SOPA Images | LightRocket | Getty Images Johnson & Johnson‘s consumer health business is valued at $40 billion ahead of its initial public offering later this year, according to a report by The Wall Street Journal. The soon-to-be spinoff Kenvue aims to raise $3.5 billion or more in the offering, people […]
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U.S. individual bankruptcy choose halts 40,000 talc-most cancers lawsuits in opposition to Johnson & Johnson
In this image illustration, a container of Johnson and Johnson little one powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Illustrations or photos A federal bankruptcy choose on Thursday halted around 40,000 lawsuits that allege Johnson & Johnson‘s little one powder and other talc solutions brought on cancer. […]
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S&P 500 is flat as Morgan Stanley and Netflix drop after earnings: Dwell updates
Traders get the job done on the floor of the New York Stock Trade (NYSE), April 10, 2023. Brendan McDermid | Reuters The S&P 500 traded flat on Wednesday as earnings time kicked into entire swing and businesses which include Netflix and Morgan Stanley declined right after submitting very first-quarter success. The benchmark index inched […]
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Johnson & Johnson expects no new Covid vaccine revenue, after shots drive earnings beat
The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images International Covid vaccine sales helped spark Johnson & Johnson‘s revenue and earnings beat on Tuesday, but the company said it expects no sales from the shot moving forward. “Regarding our Covid-19 vaccine, we do not anticipate material sales […]
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J&J’s 2025 drug sales forecast should not be tripping up investors. There’s so much else like
Johnson & Johnson (JNJ) before-the-bell Tuesday reported a strong first quarter, with sales up more than 5.5% and earnings eking out an annual increase. Shares of the Dow component and Club holding should not be losing 2.5% on these kinds of results. J & J’s first-quarter sales of $24.75 billion exceeded the Refinitv consensus estimate […]
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Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more
In this article LMT NVDA GS JNJ LUV Follow your favorite stocksCREATE FREE ACCOUNT The Lockheed Martin logo is seen on a building in Annapolis Junction, Maryland, on March 11, 2019. Jim Watson | AFP | Getty Images Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and […]
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Club meeting recap: Jim Cramer says Johnson & Johnson’s post-earnings sell-off is wrong and a chance to buy
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Dow drops with earnings in focus J & J decline misguided Starbucks undervalued? 1. Dow drops with earnings in focus Stocks fell Tuesday as Dow stocks Goldman Sachs (GS) and […]
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Stocks making the biggest moves premarket: Johnson & Johnson, Goldman Sachs, Sunrun and more
In this article LMT PWSC BK CB A NVDA RUN BAC JNJ GS Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Check out the companies making headlines before the bell […]
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