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J&J Agrees to Pay Over $2.2 Billion in Penalties

Pharmaceutical giant Johnson & Johnson (NYSE: JNJ) has agreed to pay over $2.2 billion to settle criminal and civil claims related to the marketing of antipsychotic drug Risperdal and other medications. The lawsuits alleged that JNJ marketed the medications for off-label uses. The Justice Department also said that the company paid kickbacks to a major [...]

November 5th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Buffett Bullish on Oil Stocks (BRK.A, NOV, PSX, INTC, COP, JNJ, PG, BK, DTV)

Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) added new positions in National Oilwell Varco (NYSE: NOV) and Phillips 66 (NYSE: PSX), suggesting that the billionaire investor is bullish on oil companies.

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August 16th, 2012 | Tags: , , , , , , , , | Category: Warren Buffett Buying | Leave a comment
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Johnson & Johnson Expects to Take a $600 Million Charge in Q2 (JNJ)

Johnson & Johnson (NYSE: JNJ) on Friday said that it plans to take a special charge of $600 million in the second quarter in order to boost its reserves for a possible settlement of civil lawsuits related to Risperdal, Invega, Natrecor and Omnicare.

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June 9th, 2012 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.