Tag

Johnsonandjohnson

All articles tagged with #johnsonandjohnson

finance1 year ago•4 min saved

Top Dividend Stocks for Long-Term Passive Income

Three dividend stocks, AbbVie, Johnson & Johnson, and Pfizer, are highlighted as strong investment options. AbbVie offers a 3.6% yield and has a promising drug pipeline despite challenges with Humira. Johnson & Johnson, despite legal and regulatory hurdles, remains a stable long-term pick with a 3.21% yield. Pfizer, with a high 6.6% yield, faces concerns over COVID sales and patent cliffs but is financially solid with a strong pipeline, making it a potentially undervalued buy.

via The Motley Fool|

#abbvie #dividendstocks #finance

legal2 years ago•2 min saved

"Class Action Certified for Johnson & Johnson Shareholders in Talc Disclosure Lawsuit"

A U.S. federal judge has certified a class action lawsuit allowing Johnson & Johnson shareholders to sue the company collectively over allegations of fraudulent concealment of asbestos in its talc products. The class action covers shareholders from 2013 to 2018, with the judge rejecting J&J's argument to shorten the class period. Despite J&J's insistence on the safety of their talc products, the certification follows a series of stock price drops linked to revelations about the asbestos contamination, including a $4.69 billion jury award to 22 women and a Reuters report exposing J&J's long-standing knowledge of the risks. The company also faces over 50,000 lawsuits related to its talc products but has been unsuccessful in using bankruptcy to limit litigation exposure.

via Fox Business|

##asbestoscontamination #classaction