Johnson & Johnson recently increased an investment in an embattled biotech stock, and slashed a position in a maker of surgical robotics that rocketed last year. Johnson & Johnson (ticker: JNJ...
Tag: Medical Devices/Apparatus
GE set to report final pre-breakup earnings
General Electric Co. is scheduled to report next week its final quarterly results before the start of its breakup, with the industrial conglomerate expected to report its highest profit since before t...
SmileDirectClub stock rallies on cost cuts, workforce ‘realignment’
Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even as its sales forecasts came u...
GE Healthcare will join S&P 500 as soon as it begins trading
GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into a separately traded company on...
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
General Electric Co.’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investo...
SmileDirectClub Doesn’t Have Much Time to Straighten Itself Out
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The Bear Market Has Brought ‘Fear and Uncertainty’ for Gen Z. How They’re Coping.
Ella Gupta made her first investment when she was 10. With the help of her parents, she took half the profits of her bracelet-making business and invested in the stock market. At 14, she opened a Roth...
Bausch + Lomb, Year’s Second-Biggest IPO, Pops in Public Debut
Text size Bausch + Lomb’s IPO is the second-biggest so far this year. Scott Olson/Getty Images Eye-care company Bausch + Lomb and biotech PepGen kicked off their lives as public companies Friday...
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really me...