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How Many More Tears at Johnson & Johnson?

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Johnson & Johnson stock dropped 10% after a Reuter report that company executives knew for decades that its baby powder sometimes showed positive for small amounts of asbestos, according to this report in WSJ. J&J called it an "absurd conspiracy theory."

German company Bayer shares were down about 40% in 2018 due to legal issues related to its Roundup weed killer. Though baby powder represents only 2% of sales and J&J has $16 billion in cash flow the situation is unsettling for investors.

 


J&J legal settlements

04/16/2011

Grouped Articles

Johnson & Johnson to Pay $2.2 Billion to Settle U.S. Probes

Wall Street Journal 11/05/2013

J&J to Pay at Least $2.5 Billion in Hip Settlement

Wall Street Journal 11/20/2013

Rivals Resolve Dispute Over Drug

Wall Street Journal 04/16/2011

Hip Joints Set Off New Rush to Court

Wall Street Journal 07/08/2011

Johnson & Johnson to Settle Charge Over Risperdal Marketing

New York Times 08/09/2011

J&J Net Slumps on Charges

Wall Street Journal 01/25/2012

J&J management

08/30/2010

Grouped Articles

J&J Chief Tends Corporate Wounds

Wall Street Journal 08/30/2010

J&J Chief To Receive $143 Million Farewell

Wall Street Journal 03/15/2012

J&J Revamps McNeil Unit After Recalls

Wall Street Journal 03/31/2011

J&J in Talks to Buy Device Maker Synthes

Wall Street Journal 04/16/2011

J&J Net Slumps on Charges

Wall Street Journal 01/25/2012

J&J CEO Weldon Is Out

Wall Street Journal 02/22/2012

J&J manufacturing, quality and safety practices.

08/30/2010

Grouped Articles

J&J Chief Tends Corporate Wounds

Wall Street Journal 08/30/2010

J&J's Quality Control Draws Scrutiny

Wall Street Journal 09/28/2010

J&J Recalls Rolaids

Wall Street Journal 12/10/2010

Will Johnson & Johnson Recalls Change the Firm’s Reputation?

New York Times 01/15/2011

J&J Revamps McNeil Unit After Recalls

Wall Street Journal 03/31/2011

J.&J. to Buy Synthes for $21.3 Billion

New York Times 04/27/2011


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