Johnson & Johnson Stock Price Tumbles After Report Of Asbestos In Its Talcum Baby Powder

USA TODAY, Asbury Park Press
Fri, 12/14/2018 - 10:18am

Johnson & Johnson shares tumbled Friday following a Reuters report claiming the company knew its talcum baby powder contained asbestos for decades.

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BING NEWS:

Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson is a holding company ... Over-the-Counter medicines, Baby Care, Oral Care, Women’s Health and Wound Care markets. The Pharmaceutical segment focuses on therapeutic areas ...
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Johnson & Johnson’s latest gambit to solve its massive talcum powder asbestos issue: A $6.5 billion settlement, paid out over 25 years
Even looking at the nominal value of the latest potential talc-settlement—approximately $8.4 billion, which is then discounted at a rate of 4.4%—the payout represents less than 10% of J&J’s 2023’s ...
05/1/2024 - 8:48 am | View Link
Johnson City, TN
What’s Next For Johnson & Johnson Stock After Beating Q1 Earnings? The company reported revenue of $21.4 billion and adjusted earnings of $2.71 per share, compared to our estimates of $21.5 ...
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J&J Talcum Powder Users Can’t Revive Asbestos Deceptive Ad Suit
Consumers failed to revive a proposed class action accusing a Johnson & Johnson subsidiary and Bausch Health US LLC of misrepresenting talcum powder products containing asbestos as safe, the Ninth ...
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