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Stock Market & Financial Investment News

News Breaks
January 23, 2013
06:04 EDTJNJJ&J learned of metal hip replacement implant problems in 2008, WSJ reports
Johnson & Johnson (JNJ) is facing about 10,000 lawsuits and has taken about $900M in charges related to the all-metal hip replacement parts, and analysts expect the company's legal liability to exceed $1B, reports the Wall Street Journal. J&J officials learned of problems with the hip implants in 2008, a year before the company stopped making the joints and two years before recalling them, according to documents unsealed in a California state court. Reference Link
News For JNJ From The Last 14 Days
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May 17, 2013
06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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May 10, 2013
11:48 EDTJNJDrugmakers to face pressure on U.S. prices, Reuters says
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06:16 EDTJNJObesity surgery booming in India, Bloomberg reports
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May 9, 2013
17:09 EDTJNJJohnson & Johnson deal to settle sales practices probe stalls, WSJ reports
Johnson & Johnson's $2.2B settlement with the Justice Department related to its promotion of certain drugs is on hold as the company is looking to avoid language in the agreement that could make it vulnerable to private lawsuits, reports The Wall Street Journal, citing people familiar with the talks. Reference Link
09:51 EDTJNJJ&J unit says first patient enrolled in reMARQable study
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May 8, 2013
07:38 EDTJNJBofA/Merrill's medical tech analyst hold an analyst/industry conference call
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May 6, 2013
11:29 EDTJNJJ&J cosmetics license revoked at Mumbai plant, Reuters says
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07:24 EDTJNJDrug companies attempt to make painkillers that can't be abused, WSJ reports
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