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...J&J was valued at $367bn, as of market close in New York on Thursday....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...“Succession is absolutely critical for Disney and one of Iger’s most important tasks will be to find his replacement,” said Disney shareholder Chris Rossbach, managing partner at J Stern & Co, a private...
...“Many of the medicines selected for price setting already have significant rebates and discounts due to the robust private market negotiation that [already] occurs,” said Stephen J Ubl, Phrma chief executive...
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...On Monday J&J shares fell about 4 per cent — or $17bn — of value on fears the talc litigation could continue for years....
...(For the uninitiated, between the aughts and coronavirus pandemic, Brother Jimmy’s, or Bro J’s, was a go to hangout for twenty-something finance bros, including Rashid.)...
...He was the only person in the bullpen showing me funny stuff from the internet,” said Kevin Cullinane, a colleague at Jefferies, now a director at Barclays....
...Private credit co-heads James Reynolds and Kevin Sterling have also been named global head of direct lending and global head of investment-grade private credit and asset finance, respectively....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...Joe Gebbia, Airbnb co-founder I have a collection of midcentury modern chairs....
...“The actors got a phenomenal deal with great protections from AI,” said Kevin Walsh, founder and chief executive of The Walsh Company, a production business with a multiyear deal at Apple TV+....
...Janssen is the pharmaceutical division of J&J....
...Christopher Rossbach, chief investment officer of longtime Berkshire shareholder J Stern & Co, said investors would have to wait to see whether the executives who have worked side-by-side with the two men...
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...To manage the growing liability, J&J deployed a controversial bankruptcy manoeuvre known as the Texas two-step....
...A major skincare surprise came via The Outset, co-founded by actor Scarlett Johansson....
...The lead plaintiff is an individual, Richard J....
...J&J could not be immediately reached for comment on the Kenvue offering....
...It did not matter that J&J was offering heavy financial backing....
...By contrast J&J, which gets 84 per cent of its revenue from pharma and medical device sales, trades at about 18 times. J&J would keep at least 80.1 per cent of the voting shares after the spin-off....
...In March a judge dismissed J&J’s first attempt to use the bankruptcy courts to manage claims that its talcum powder could cause cancer....
...This time round, J&J has attempted to avoid a technical violation of the financial distress requirement....
...Under this strategy J&J had created a $2bn fund to compensate victims....
...J&J hired Jones Day, a Cleveland-based law firm and author of the “Texas two-step”....
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