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Stock Market & Financial Investment News

News Breaks
February 25, 2013
07:47 EDTJNJJohnson & Johnson expect to incur $100M charge to net income in Q1
Johnson & Johnson announced that based on its preliminary assessment of the impact of the Venezuelan government's decision to devalue its currency effective Feb. 13, that it expects to incur a charge of approximately $100M to Net Income in the First Quarter of 2013 or approximately a 4c negative impact to earnings per share. This charge is related to the remeasurement of the local balance sheet at the date of the devaluation and is not expected to impact earnings per share guidance for full-year 2013 which was previously announced on January 22.
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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