Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration previously said had tested positive for trace amounts of asbestos.
The new accelerator is called ‘TailFin Labs,’ a play on retail and fin-tech. …read more […]
KANSAS CITY, Mo. (AP) _ EPR Properties (EPR) on Tuesday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Kansas City, Missouri, said it had funds from operations of $115.3 million, or $1.46 per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $1.35 per share. …read more […]
It was a tough day for Boeing CEO Dennis Muilenburg after he testified about the quality and safety of the company’s 737 Max airplane before the Senate Commerce Committee. But what other liability does the aviation manufacturer face? Kreindler & Kreindler Partner Justin T. Green discusses with Yahoo Finance’s Jen Rodgers and Myles Udland. …read more […]
The “Game of Thrones” prequel television series starring Naomi Watts has been ditched by cable channel HBO, Hollywood media reported on Tuesday. Deadline, Entertainment Weekly and Variety all cited sources as saying that HBO had decided not to go ahead with the series co-created by author George R.R. Martin. HBO declined to comment on the reports. …read more […]
Rules to implement a White House executive order declaring a national emergency in the telecoms supply chain are “under consideration and review” at the Department of Commerce, an agency official said on Tuesday.
Everyone by now is well aware of the fact that interest rates have been – and by recent measures, will continue to be – at near-record lows for some time.
The Fed’s efforts to increase the rate of inflation have been, for the most part, ineffective. And the interest paid to bondholders has remained very low by historical standards.
Most of us have adapted to the shift to the new normal, as it’s being called, by adjusting our expectations. But there are still those who think you can get blood out of stone… or in this case, double-digit yields in a low …read more […]
The S&P 500 edged lower to snap a four-session win streak on Tuesday and it retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.
Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, a source familiar with the matter said on Tuesday.
Pharmaceutical giant Johnson & Johnson announced Tuesday that fifteen new tests administered to its ubiquitous baby powder found no asbestos, even after trace amounts of the carcinogen discovered by U.S. health regulators prompted a sweeping recall. Yahoo Finance’s Jared Blikre joins The Final Round to discuss. …read more […]
Mattel Inc reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS lifted international sales.
Johnson & Johnson said on Tuesday that 15 new tests from the same bottle of its baby powder previously tested by the U.S. Food and Drug Administration found no asbestos. The test results mark J&J’s latest defense against allegations its baby powder contains asbestos, a known carcinogen that has been linked to deadly mesothelioma. “Rigorous and third-party testing confirms there is no asbestos in Johnson’s baby powder. …read more […]
Mattel Inc reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS lifted international sales. Mattel’s international gross sales rose 10% to $721.7 million, lifted by sales of dolls based on Korean boy band BTS, which has dominated international music charts for over a year. BTS and Barbie, which has been modernized with variants of based on popular celebrities, role models, different skin tones and professions, helped lift worldwide doll sales by 5%. …read more […]
Cyber attacks have been in focus after a virus spread from Ukraine wreak havoc around the globe in 2017, crippling thousands of computers and disrupting ports from Mumbai to Los Angeles. Global insurers that cover cyberattacks are also facing more claims, specially related to ransom-demanding hackers who cripple businesses’ technology systems, and only stop after receiving substantial payments. FireEye has been pivoting to a subscription-based model from selling hardware boxes used to detect malicious software to boost its revenue and profit margins. …read more […]
Alternative meat producer Beyond Meat got crushed Tuesday despite posting a profitable earnings report. The company reported a beat on third-quarter EPS, a 250% revenue increase, and Wall Street analysts are still bullish on the stock. Yahoo Finance’s Jen Rogers and Myles Udland discuss on The Final Round. …read more […]
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