Company News For Jul 16, 2018
- Johnson & Johnson’s JNJ shares declined 1.4% after the company was ordered to pay $4.69 billion in damages to 22 women in a lawsuit linking its baby powder with cancer.
- Shares of AT&T, Inc. T declined 1.7% after the Justice Department filed an appeal against a ruling approving the purchase of Time Warner
- Apple Inc.’s AAPL shares increased 0.2% on news that the iPhone maker was planning to launch a $300 million clean energy fund in China
- Shares of Cisco Systems, Inc. CSCO declined 4.1% on news that Amazon is considering selling its own network switches with built-in connection to Amazon Web Services cloud-computing offering
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