10:36 AM
Dow leaders early on: BAC +2.8%. AXP +2.1%. BA +2%. AA +1.9%. INTC +1.8%. HD +1.6%. JPM +1.4%. DD +1.4%. CSCO +1.4%. Laggards: JNJ -0.5%. MRK -0.3%.
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Tuesday, November 10, 2009
14:20 PM
Dow leaders: KFT +1.5%. BAC +1.3%. AA +1.1%. PFE +1%. JNJ +0.9%. Dow laggards: BA -1.9%. CSCO -1.5%. DD -1.3%. JPM -1.3%. GE -1.2%.
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10:32 AM
Dow leaders after one hour: BAC +2.3%. INTC +1%. MMM +1%. JNJ +1%. KFT +0.8%. AA +0.8%. KO +0.8%. IBM +0.8%. Laggards: DD -1.6%. BA -1.4%. CSCO -0.9%. GE -0.8%.
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Tuesday, November 3, 2009
08:07 AM
Johnson & Johnson (JNJ -0.05%) says it will cut up to 7% of its workforce in restructuring, for which it will take a Q4 charge of $1.1-1.3B. Expects pre-tax annual cost savings of $1.4-1.7B by 2011, "by reducing layers of management, increasing individual spans of control, and simplifying business structures and processes across the company's global operations." (PR)
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03:02 AM
Meanwhile, Johnson & Johnson (JNJ) says its newly approved rheumatoid arthritis drug Simponi, in combo with the common treatment methotrexate, was significantly more effective at inhibiting joint damage than methotrexate alone. The data could be used to allow J&J to expand Simponi's label claims to include joint damage prevention.
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Wednesday, October 14, 2009
13:53 PM
Dow leaders: BAC +3.6%. DD +3.1%. CAT +3.1%. JPM +3.1%. GE +2.6%. Dow laggards: JNJ -0.8%. HD -0.5%. VZ -0.5%. KO -0.3%.
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