3M stock is jumping Friday. The primary reason isn’t the broad market rally, although that helps. The best explanation for 3M’s rise comes from an odd source for an industrial conglomerate. Johnson &a...
Tag: Johnson & Johnson
Moderna, Pfizer stocks fall as Covid omicron wave subsides in U.S.
Moderna vaccines are prepared for application at a United States military vaccination centre at Camp Foster on April 28, 2021 in Ginowan, Japan. Carl Court | Getty Images Shares of the major Covid vac...
Inflation Is Red Hot. How to Protect Your Portfolio and Grow Income.
Income investors—especially those who depend on fixed coupons from bonds—face a hit to their purchasing power as inflation stands above 7%. One strategy to hedge against such big price increases, howe...
Johnson & Johnson plant pauses Covid vaccine production, report says
Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images The only Johnson & Johnson facility currently making usable batches of the companyR...
Moderna’s Covid vaccine for teens awaits OK as regulators review heart inflammation risk
A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been o...
1.2 Million Opioid Overdose Deaths Expected In U.S. And Canada By 2029, Experts Warn
Topline More than 1.2 million people will die from opioid overdoses in the U.S. and Canada by 2029 if no action is taken to tackle the growing epidemic, warns a group of leading health experts on the ...
How Low Can Bitcoin Go? The Views Vary.
Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...
3M, Johnson & Johnson, General Electric and more
Take a look at some of the biggest movers in the premarket: 3M (MMM) – 3M rose 1.9% in the premarket after reporting quarterly earnings of $2.31 per share, 30 cents a share above estimates. Revenue al...
Market being dragged down by 2021’s flurry of IPOs, SPACs
CNBC’s Jim Cramer on Tuesday lamented the flurry of companies that went public in 2021 through traditional IPOs and SPAC deals, suggesting that it’s playing a role in Wall Street’s w...
American Express, General Electric, IBM and more
Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell 6% after the company missed revenue estimates for the fiscal fourth qu...
Covid and JNJ earnings Q4 2021
The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3 billion to $...
You want to own ‘great American companies, not junk’
CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
Johnson & Johnson splitting itself up could come with some risks
Johnson & Johnson announced in November that it plans to spin off its consumer business into a new publicly traded company by November 2023. The news didn’t surprise Wall Street. “The ...
5 Companies That Began 2022 With Upbeat News on Dividends
Royalty Pharma, Life Storage, and Viatris, among other companies, rang in 2022 by announcing dividend increases this week. Royalty Pharma (ticker: RPRX) declared a quarterly dividend of 19 cents a sha...
Market Volatility Is Creating Opportunities for Stocks. What to Buy Now
The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of ...