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News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Johnson & Johnson buys device maker Shockwave for $13bn
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant pursues acquisitions to bolster its medical technology arm....
April 5, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
April 5, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from October 17: 2-year Treasury yields hit 17-year high, Rolls-Royce to axe more than 2,000 jobs
Johnson & Johnson raises forecasts after beating expectations
...Johnson & Johnson has raised its forecasts for the full year after it beat expectations on earnings and revenue, partly driven by soaring sales of cancer drugs in the US....
October 17, 2023
News updates from July 24: Credit Suisse fined $388mn over Archegos collapse; Israel passes controversial judicial overhaul law
J&J to split-off 80% of Kenvue shares
...Shareholders will soon be able to exchange some, all or none of their J&J stock for Kenvue at a 7 per cent discount. However, the exchange is subject to a limit of 8.0549 Kenvue shares....
July 24, 2023
LexJohnson & Johnson Co Inc
Johnson & Johnson: second talc bankruptcy dismissal hits share price Premium content
...Johnson & Johnson is a very valuable company, notwithstanding its efforts to convince US federal judges of the contrary....
July 31, 2023
News updates from July 28: Bank of Japan tweaks bond buying strategy, Measures of US inflation and wage growth cool
Second court blocks J&J from using bankruptcy to resolve talc lawsuits
...Johnson & Johnson’s attempt to resolve tens of thousands of legal claims over talc powder products has been rejected for a second time....
July 28, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Nilanjana Roy
The secret of a bestseller? Why word of mouth beats algorithms
...Every year, the bestseller lists feature celebrity memoirs and works by dazzling and established literary stars — but also reader-driven surprises, from Sarah J Maas’s romantic fantasy series, including...
February 27, 2024
Live news updates from July 20: Netflix and Tesla tumble, EU prepares €20bn weapons fund for Ukraine
Johnson & Johnsons raises full year profit forecast on strong sales
...Johnson & Johnson raised its full year profit forecast for 2023 on Thursday after reporting strong sales of cancer drugs and medical devices in the second quarter....
July 20, 2023
The Oscars 2024: all you need to know
Oppenheimer leaves Oscar rivals in the dust with 13 nominations
...Christopher Nolan’s acclaimed biopic about American nuclear physicist J Robert Oppenheimer received 13 nominations in total, including nods for the blue-ribbon Best Picture, Best Director for Nolan and Best...
January 23, 2024
Transcript
Best Of: Inside Johnson & Johnson’s bankruptcy two-step
...J&J advertisement (Child speaking) Johnson’s baby powder from Johnson & Johnson. It’ll keep you comfortable. Take it from a baby....
May 31, 2023
Behind the Money podcast35 min listen
Best Of: Inside Johnson & Johnson’s bankruptcy two-step
...Clip from NBC For further reading: Johnson & Johnson’s ‘Texas-two-step’ sparks outcry over US bankruptcy regime Talc ruling a blow to J&J and the ‘Texas two-step’ bankruptcy jig Talcum powder cancer...
May 31, 2023
Johnson & Johnson Co Inc
Talcum powder cancer claims target J&J’s new consumer carve-out
...Johnson & Johnson’s newly formed consumer business has been targeted by claims that its talcum powder can cause cancer, days before it attempts to complete the largest US initial public offering in almost...
April 27, 2023
Live news updates from April 20: SpaceX rocket explodes, Nato chief makes first wartime Ukraine visit
US judge temporarily halts J&J talc lawsuit claims
...A US judge temporarily halted tens of thousands of legal claims that Johnson & Johnson’s talcum powder causes cancer from proceeding to trial on Thursday in a move that hands the company more time to agree...
April 20, 2023
Johnson & Johnson Co Inc
Johnson & Johnson consumer arm’s shares jump in biggest US IPO since 2021
...Shares of Kenvue, the consumer arm of healthcare giant Johnson & Johnson, jumped on their first day of trading after an upsized initial public offering that marked the biggest US listing in almost 18 months...
May 4, 2023
Live news updates from April 18: Fox settles Dominion case for $788mn, G7 commits to tougher Russia sanctions
Johnson & Johnson reports first quarter loss after taking $6.9bn charge
...Johnson & Johnson reported a first quarter loss on Tuesday as it booked a $6.9bn charge linked to its proposal to settle tens of thousands legal claims that its talcum powder caused cancer....
April 18, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Johnson & Johnson Co Inc
Johnson & Johnson reports loss after taking $6.9bn charge over talc claims
...Johnson & Johnson reported a first-quarter loss as it booked a $6.9bn charge linked to its proposal to settle tens of thousands of legal claims related to allegations its talcum powder caused cancer....
April 18, 2023
Live news updates from April 4: Trump pleads not guilty, Kremlin calls Finland’s Nato entry an ‘aggravation’
Claimants in J&J talc powder cancer case agree to support $8.9bn settlement
...A group of law firms representing almost 70,000 claimants who allege Johnson & Johnson’s talcum powder caused their cancers have agreed to support a $8.9bn settlement with the healthcare products company...
April 4, 2023
Live news updates from April 5: Silvio Berlusconi admitted to hospital, Nicola Sturgeon’s husband arrested
Claimants in J&J talc powder cancer case agree to support $8.9bn settlement
...A group of law firms representing almost 70,000 claimants who allege Johnson & Johnson’s talcum powder caused their cancers have agreed to support a $8.9bn settlement with the healthcare products company...
April 4, 2023
Johnson & Johnson Co Inc
Johnson & Johnson proposes $8.9bn talc settlement
...“Neither Johnson & Johnson, nor any of its subsidiaries are in any financial distress....
April 4, 2023
LexJohnson & Johnson Co Inc
Johnson & Johnson: talc settlement shows virtues of Chapter 11 process Premium content
...Late on Tuesday, an affiliate of Johnson & Johnson filed for bankruptcy protection....
April 5, 2023
Live news updates from March 22: Fed raises rates 25 bps, UK inflation hits 10.4%
J&J to seek review from US Supreme Court on subsidiary’s bankruptcy
...A US appeals court has rejected an effort by Johnson & Johnson to reopen a bankruptcy case involving a unit facing huge claims over allegations that its talcum powder caused cancer....
March 22, 2023
News in-depthUS presidential election 2024
Trump and Haley offer clashing visions of America’s place in the world
...Trump has expressed his opposition to such an agreement and has been consulting with Mike Johnson, the Republican Speaker of the House of Representatives, making its path on Capitol Hill even harder....
January 23, 2024
The Week Ahead
Round two for US Republican voters
...CVS Group trading update, Dow Q4, Dr Martens Q3 trading update, Fever-Tree Drinks trading update, Foxtons FY trading update, Fujitsu General Q3, Fuller, Smith & Turner trading update, Gallagher (Arthur J)...
January 21, 2024
LexIPOs
Kenvue IPO: corporate carve-outs provide rare payday for bankers Premium content
...Kenvue, the consumer arm of healthcare colossus Johnson & Johnson, raised $3.8bn in an expanded offering this week....
May 4, 2023
LexJohnson & Johnson Co Inc
J&J: court stops the music for the ‘Texas two-step’ Premium content
...By that standard, a US court has paid Johnson & Johnson a high accolade....
January 31, 2023

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