Tag: healthcare

  • J&J’s CEO announces he’s stepping down

    J&J’s CEO announces he’s stepping down

    Johnson & Johnson Chief Executive Alex Gorsky is stepping aside, handing over the reins to the world’s largest health-products company to a longtime lieutenant after nearly a decade at the helm. Mr. Gorsky, who is 61 years old, will become J&J’s executive chairman effective Jan. 3. Joaquin Duato, who had led J&J’s pharmaceuticals business before […]

  • Johnson & Johnson post higher profit

    Johnson & Johnson post higher profit

    The New Brunswick, N.J.-based company logged sales of $23.31 billion—a 27% increase year over year—and adjusted earnings of $2.48 a share. Wall Street analysts had forecast adjusted earnings of $2.29 a share and revenue of $22.49 billion, according to FactSet’s survey. Wall Street Journal

  • Chasing The Yield Podcast – July 19, 2021

    Chasing The Yield Podcast – July 19, 2021

    Markets are taking a dive, J&J has more problems, Microsoft blames Israeli group, OPEC reaches compromise, hotels eliminating housekeeping, and much more!

  • J&J gets slapped around a bit this week

    J&J gets slapped around a bit this week

    Johnson & Johnson is not having a good week. First the FDA added a warning to the label for the company’s COVID-19 vaccine. The warning states that there may be a risk of contracting Guillain-Barre syndrome. The US Food and Drug Administration updated the label on Johnson & Johnson’s coronavirus vaccine Monday to warn of the possible […]