Tag Archives: Johnson

Earnings bulletin: Johnson & Johnson’s second quarter of 2019

Johnson & Johnson kicked off the second-quarter earnings season Tuesday, reporting that its pharma unit outperformed struggling consumer healthcare and medical device segments. Pharma posted sales growth of 1.7% and operational growth of 4.4% to hit $ 10.53 billion in sales. Across J&J’s entire business, the company’s revenue sank 1.3% to $ 20.56 billion. At… Read More »

Johnson & Johnson faces criminal probe over talc statements: report

Johnson & Johnson faces more than 14,000 lawsuits claiming harm from its iconic talc products. (J&J) Earlier this year, Johnson & Johnson disclosed that it had received federal subpoenas into its talcum powder products, but the company didn’t say whether the investigations were civil or criminal. Now, Bloomberg reports the company is under a criminal probe… Read More »