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Stock Market & Financial Investment News

News Breaks
February 8, 2013
06:41 EDTJNJSurgeon told by J&J sales rep of hip implant troubles, Bloomberg reports
A surgeon in Montana testified that he stopped using Johnson & Johnson’s (JNJ) ASR all-metal hip device eight months before the company recalled it because a sales rep warned about problems with the implant by, reports Bloomberg. Peter Wendt, testified that he implanted 76 ASRs, including one in Loren Kransky, 65, of Montana. Kransky’s lawsuit is the first of 10,000 to go to trial over claims that J&J’s DePuy unit defectively designed the 93,000 hips recalled in August 2010 and failed to warn of the risks. J&J, denies that it defectively designed the device or that it contributed to the health problems of Kransky. Reference Link
News For JNJ From The Last 14 Days
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May 24, 2013
07:54 EDTJNJJohnson & Johnson drug business should maintain momentum, says Wells Fargo
After attending J&J's bi-annual pharmaceutical business review, Wells Fargo believes that the revenue generated by four of the company's new drugs could double from 2012 to 2015. The firm thinks the company's pharmaceutical unit has one of the best growth outlooks in the sector, and it keeps an Outperform rating on the stock.
06:28 EDTJNJJohnson & Johnson price target raised to $94 from $88 at Leerink
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May 23, 2013
10:08 EDTJNJOn The Fly: Analyst Initiation Summary
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07:31 EDTJNJJanssen expects to have more than 25 brand line extensions by 2017
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06:29 EDTJNJJohnson & Johnson coverage assumed with an Underperform at Credit Suisse
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May 22, 2013
16:00 EDTJNJOptions Update; May 22, 2013
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May 21, 2013
07:24 EDTJNJGlobal Health Care to host a conference
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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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