J & J ’s proposal to settle talc lawsuits for $8.9 billion sends stock up the most in more than a year

Johnson & Johnson’s stock rose more than 3% Wednesday to put it on track for its biggest percentage gain in more than a year, buoyed by news the company has agreed to pay about $9 billion to settle cosmetic-talc litigation claims. The company JNJ, said late Tuesday it would pay up to $8.9 billion…#johnsonjohnsons #jnj #jpmorgan #350 #motrin #babypowder #showertoshower #guggenheim #vamildivan #consumerhealth
Source: Reuters: Health - Category: Consumer Health News Source Type: news