Friday 14 December 2018

J&J shares sink 9% after Reuters report on asbestos in Johnson & Johnson baby powder

J&J shares sink 9% after Reuters report on asbestos in Johnson & Johnson baby powder

Reuters says a review of documents and testimony showed that Johnson & Johnson executives, mine managers, doctors and lawyers were aware the company's raw talc and finished powders sometimes tested positive for small amounts of asbestos.
Read more: https://www.cnbc.com/2018/12/14/johnson--johnson-shares-drop-on-reuters-report-that-the-company-knew-for-decades-of-asbestos-in-its-baby-powder.html?source=Snapzu

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