johnson & johnson (JNJ) Key Developments
Johnson & Johnson Seeks Acquisitions
Sep 10 14
Johnson & Johnson (NYSE:JNJ) is looking for acquisitions. Dominic Caruso, Chief Financial Officer of Johnson & Johnson said, having an acquisition return lower than the cost of capital seems like a very inefficient use of capital and rather than do one major acquisition where you have that level of risk we could certainly do 10 acquisitions of smaller sizes that give you that kind of buffer of that risk or give you a portfolio approach to the acquisition that kind of gives you a sense that some will work better than others, of course, therefore you have a higher degree of probability that you will return - get a return higher than your cost of capital.
Johnson & Johnson Presents at 2014 Morgan Stanley Global Healthcare Conference, Sep-10-2014 09:45 AM
Sep 3 14
Johnson & Johnson Presents at 2014 Morgan Stanley Global Healthcare Conference, Sep-10-2014 09:45 AM. Venue: The Grand Hyatt Hotel, New York, New York, United States. Speakers: Dominic J. Caruso, Chief Financial Officer, Vice President of Finance and Member of Executive Committee.
Johnson & Johnson Reportedly Plans To Shed Cordis
Sep 1 14
Johnson & Johnson (NYSE:JNJ) reportedly intends to dispose of its medical devices unit Cordis Corporation. A potential sale which is currently in its early stages could bring between $1.5 billion and $2 billion. The unit was expected to attract bids from private equity players and rival healthcare companies.
Johnson & Johnson Reportedly Seeks Buyer for Cordis Medical-Device Unit
Aug 28 14
Johnson & Johnson (NYSE:JNJ) reportedly plans to seek a buyer for Cordis Medical-Device Unit. As reported, the business, which could fetch between $1.5 billion and $2 billion, is expected to attract interest from private-equity firms and other health-care companies.
Johnson & Johnson Announces Dividend for the Third Quarter of 2014, Payable on September 9, 2014
Jul 21 14
NEW Johnson & Johnson announced that its Board of Directors has declared a cash dividend for the third quarter of 2014 of $0.70 per share on the company's common stock. The dividend is payable on September 9, 2014 to shareholders of record at the close of business on August 26, 2014. The ex-dividend date is August 22, 2014.