Moody's: Gives Johnson & Johnson (JNJ.US) “Aaa” Rating to Newly Issued US Dollar and Euro Premium Unsecured Notes
On May 13, Moody's gave Johnson & Johnson (“Johnson & Johnson” JNJ.US for short) a “Aaa” rating for the newly issued US and Euro senior unsecured notes. There are no other changes to Johnson & Johnson's current ratings, including the “Aaa” Advanced Unsecured long-term rating or the “Prime-1” short-term rating outlook remaining stable.
Johnson & Johnson (JNJ.US) to clear Kenvue (KVUE.US) shares after one year of divestment
The Zhitong Finance App learned that Kenvue (KVUE.US) announced on Monday that Johnson & Johnson (JNJ.US) will sell all of its 9.5% shares in the company. According to information, Kenvue is a consumer health business company spun off by Johnson & Johnson and was officially listed on the New York Stock Exchange in May 2023. Based on Kenvue's recent closing price, the value of this stock sale was approximately $3.75 billion. Kenvue shares fell nearly 4% in pre-market trading.
Johnson & Johnson plans to sell the remaining 10% of Kenvue's shares
GLONGHUI, May 14 | Johnson & Johnson said on Monday that it plans to sell the remaining 9.5% of its shares after Tylenol (Tylenol) manufacturer Kenvue's spin-off and listing for about a year. According to Kenvue's closing price last Friday, Johnson & Johnson involved the sale of 182.3 million shares worth about US$3.75 billion.
Johnson & Johnson's Subsidiary Discontinues Some Megadyne Electrodes For Pediatric Use
Johnson & Johnson's (NYSE:JNJ) medical device subsidiary is pulling its Megadyne Mega Soft Pediatric Patient Return Electrodes following reports of patient burns.Ethicon's Megadyne division recalled i
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The major US indexes were higher at midday Monday as investors ready themselves for a consequential inflation data release on Wednesday. In company news, shares of GameStop (GME) soared in premarket a
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Johnson & Johnson Offering Notes to Help Fund Shockwave Medical Acquisition
Johnson & Johnson (JNJ) said Monday it is offering its senior unsecured notes in four tranches to help fund its planned acquisition of Shockwave Medical (SWAV). Closing of the deal is subject to appro
Sector Update: Consumer Stocks Gain Premarket Monday
Consumer stocks were gaining premarket Monday, with the Consumer Discretionary Select Sector SPDR Fund (XLY) and the Consumer Staples Select Sector SPDR Fund (XLP) both up 0.1%. GameStop (GME) shares
Johnson & Johnson to Exit Kenvue in Debt-for-equity Deal
Johnson & Johnson to No Longer Own Kenvue Shares After Proposed Offering Closes
Johnson & Johnson (JNJ) is expected to exchange 182,329,550 shares of Kenvue's (KVUE) common stock for indebtedness of Johnson & Johnson to be held by Goldman Sachs and J.P. Morgan, Kenvue said Monday
We Think Johnson & Johnson (NYSE:JNJ) Can Stay On Top Of Its Debt
J&J to Sell All Shares in Spun-off Unit Kenvue
Kenvue Announces Launch of Secondary Offering
Kenvue Inc. (NYSE:KVUE) ("Kenvue") announced today the launch of a secondary underwritten public offering (the "Offering") of 182,329,550 shares of its common stock (the "Shares"). Kenvue is not selling any shares of
Kenvue Filed For Offering Of 182.3M Shares Of Common Stock By Selling Shareholders
Kenvue Filed For Offering Of 182.3M Shares Of Common Stock By Selling Shareholders
FDA Says Megadyne Initiates Global Discontinuation And Voluntary Recall Of Mega Soft Pediatric Patient Return Electrode
FDA Says Megadyne Initiates Global Discontinuation And Voluntary Recall Of Mega Soft Pediatric Patient Return Electrode
The coronavirus hasn't disappeared yet! A new “FlIRt variant family” is spreading in the US...
① According to CDC data, the main variant of transmission in the US today is the “FlIRT” family, led by KP.2; ② KP.2 accounts for 25%; ③ medical experts warn that fLiRT has a more obvious transmission advantage and may trigger a new wave of COVID-19.
Drugmakers in Medicare Price Negotiations Spent Less on Research Than on Shareholder Payments, Marketing and Overhead: Report
Fight Against Pancreatic Cancer Ramps Up as Market Size Revenues Expected to Exceed $36 Billion by 2036
The incidence of pancreatic cancer is increasing globally, which is driving the growth of the market. As of 2023, the American Cancer Society...
Johnson & Johnson (NYSE:JNJ) Is Increasing Its Dividend To $1.24
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