Johnson & Johnson (NYSE:JNJ) is on the hook for $4.7 billion after a Missouri court determined its talcum powder caused ovarian cancer in 22 women. That works out to be around $213 million per women, minus the attorney’s cut, of course.
That’s the biggest per-person damages award Johnson and Johnson has ever had to face.
The pharmaceutical and personal-care company....More>>>
Enbridge (NYSE:ENB) received a double dose of good news this week. Regulators in Minnesota not only approved its Line 3 Replacement Project through the state but said the company could take its preferred route. That means it can finish this crucial project without needing to go along a costlier alternative track, which gives it a clear path to complete it on time and on budget. As a result, the....More>>>
Did you miss “Mad Money” on CNBC? If so, here are some of Jim Cramer’s top takeaways.
For an “Executive Decision” segment, Cramer checked back in with John Ferriola, chairman, president and CEO of Nucor (NUE) , the steelmaker that today posted a penny-a-share earnings beat on a 16% increase in year-over-year revenues. The company also issued strong guidance....More>>>
While small cap gaming stocks Gravity Co. LTD (NASDAQ: GRVY), Inspired Entertainment (NASDAQ: INSE) and SPYR Inc (OTCQB: SPYR) may not be well know to investors, their games are well known to gamers.
Beginning with small capGravity Co, itswidely known for its successful development of the internationally acclaimed MMORPG title, Ragnarok Online, and is also developing and servicing a full....More>>>
Twilio Inc (NYSE:TWLO) CFO Lee Kirkpatrick sold 15,641 shares of the stock in a transaction on Friday, June 15th. The shares were sold at an average price of $59.13, for a total value of $924,852.33. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Lee Kirkpatrick also recently made the following trade(s):
Get Twilio alerts:....More>>>
Source: ThinkstockDecember 5, 2017: The S&P 500 closed down 0.4% at 2,629.57. The DJIA closed down 0.5% at 24,179.26. Separately, the Nasdaq was down 0.2% at 6,762.21.
Tuesday was a down day for the broad U.S. markets. All three indices started out positive on the day but ended up closing negative. The Dow is still holding above 24,000. Crude oil again pushed lower in Tuesdays session.....More>>>
&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-67c85b74889544cf949cd6256cf8f285&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/67c85b74889544cf949cd6256cf8f285/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; AP Photo/Evan Vucci
We really won&s;t know the true winners of last week&s;s big budget deal until the new topline numbers for military....More>>>
This stock’s low price isn’t going to last forever — it’s time to get in while the getting’s good.
One of the main goals of my premium newsletter High-Yield Investing is stability. I like industries that don’t go through unpredictable hot and cold cycles. Student Transportation (NYSE: STB) is a textbook example.
Millions of kids must travel to and....More>>>
The Cboe Volatility index tumbled on Wednesday, moving back below its long-term average as equities continued their recent rebound higher. The VIX
Legal marijuana sales are expected to skyrocket 145%, from $10 billion in 2017to $24.5 billion in sales, by 2021. That’s why we’re providing Money Morning readers with the best marijuana stocks to buy ahead of this massive sales growth.
Now, we’ve been taking about the profit potential of traditional marijuana companies for years, but Money Morning Special Situation....More>>>
The stock market’s post-election euphoria has subsided a bit. But the Dow is still trading above 19,000 — which means it is less than 5% away from topping the much sexier psychological milestone of 20,000 for the first time ever.
Will the Dow get past 20K anytime soon? Or will the Trump bump on Wall Street be replaced by the Trump slump?
Investors seem to be waiting....More>>>
I have sold my shares in my business as part of my plan to retire at 55. I now have to rely on investments alone for income. Selling a business generates money upfront, but then what? I had taken over my own investments from mutual funds in 2009, and I guess that made me lucky rather than good. Since the crash of oil, investing has been a lot less fun and a lot less profitable.
Michael A. Robinson
The Senate of Canada, as you likely know, late last Thursday night passed a bill legalizing recreational marijuana.
And once the House of Commons and Prime Minister Justin Trudeau do their part, Canadians could spend up to $4.7 billion on legal cannabis products in 2019, according to Deloitte.
But bigger things are coming.
China’s home prices gained at the quickest pace in 10 months in April even as the government pressed ahead with a two-year campaign to curb property speculation.
New-home prices across 70 cities tracked by the government gained 0.57 percent from a month earlier, according to Bloomberg calculations based on Wednesday’s data from the National Bureau of Statistics. That compared....More>>>
Bowing to pressure from the European Central Bank and the European Union, Bulgaria will seek to join the bloc’s banking union and the precursor for euro-area membership simultaneously within the next year, its finance minister said.
The government in the EU’s poorest member appeared to yield to recommendations from the European Central Bank and the European Commission, which....More>>>