newszine

J&J shares nosedive on report it knew of asbestos in Baby Powder

1 day ago DieselGasoil Comments Off on J&J shares nosedive on report it knew of asbestos in Baby Powder
(Reuters) – Shares of Johnson & Johnson (JNJ.N) fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the Pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. The decline in shares erased about $40 billion from Read More

Wall St. tumbles on global growth worries, J&J decline

1 day ago DieselGasoil Comments Off on Wall St. tumbles on global growth worries, J&J decline
(Reuters) – Wall Street’s three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson shares were the biggest drag after Reuters reported the company knew for decades that its Baby Powder contained asbestos. The S&P Read More

Wall St. tumbles on global economic worries; J&J drags S&P, Dow

1 day ago DieselGasoil Comments Off on Wall St. tumbles on global economic worries; J&J drags S&P, Dow
NEW YORK (Reuters) – Wall Street’s three major indexes slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson (JNJ.N) was a major drag on the S&P 500 and Dow after Reuters reported the company had known knew for decades that asbestos lurked in Read More

J&J shares nosedive on report company knew of asbestos in baby powder

1 day ago DieselGasoil Comments Off on J&J shares nosedive on report company knew of asbestos in baby powder
(Reuters) – Shares of Johnson & Johnson (JNJ.N) tumbled 12 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the Pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. FILE PHOTO: A Johnson & Johnson building is shown Read More

Futures drop about 1 percent on global growth risks

2 days ago DieselGasoil Comments Off on Futures drop about 1 percent on global growth risks
(Reuters) – U.S. stock index futures dropped about 0.8 percent on Friday, after weak economic data from China and Europe exacerbated global growth fears and added to unease over the ongoing trade dispute between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Japan business mood steady but outlook sours: BOJ tankan

2 days ago DieselGasoil Comments Off on Japan business mood steady but outlook sours: BOJ tankan
TOKYO (Reuters) – Confidence among Japan’s big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood. FILE PHOTO – A worker cycles near a factory at the Read More

Wall Street ends flat as nervous investors flock to defensive shares

2 days ago DieselGasoil Comments Off on Wall Street ends flat as nervous investors flock to defensive shares
NEW YORK (Reuters) – The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. Traders work on the floor of the New York Read More

Wall Street edges lower as trade-fueled rally loses steam

2 days ago DieselGasoil Comments Off on Wall Street edges lower as trade-fueled rally loses steam
(Reuters) – U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Wall Read More

Wall Street climbs 1 percent on trade optimism

4 days ago DieselGasoil Comments Off on Wall Street climbs 1 percent on trade optimism
(Reuters) – U.S. stocks rose 1 percent on Wednesday, boosted by technology stocks, as a report about China planning to increase access for foreign firms added to optimism fuelled by President Donald Trump’s upbeat comments on trade. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, Read More