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J&J Shares Fall 6% After Reportedly Knowing Of Asbestos In Baby Powder

J&J Shares Fall 6% After Reportedly Knowing Of Asbestos In Baby Powder

Johnson & Johnson (NYSE: JNJ) reportedly knew its talcum baby powder contained asbestos, Reuters said in a report that drove the Company’s shares down by more than 6% on Friday.Reuters reviewed documents from 1971 to the early 2000’s..

Ciena Reported Fourth Quarter Earnings

Ciena Reported Fourth Quarter Earnings

Ciena (NYSE: CIEN), stock surged Thursday after reporting fiscal fourth-quarter profit that jumped 66% while revenue shot up 21%.The network strategy and technology company delivered its best earnings and sales gains in several years. The Company&rs..

Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Corp. (NASDAQ: NVDA) shares slipped on Tuesday after Bloomberg reported that SoftBank Group Corp. is looking to sell off its stake in the Company as early as next year, citing sources familiar with the matter.Nvidia shares fell by 2.42% on Tu..

DSW Reported Third Quarter Earnings

DSW Reported Third Quarter Earnings

DSW Inc. (NYSE: DSW) shares surged 16% on Tuesday after the Company crushed estimates for the fiscal third quarter and raised its full-year guidance.OVERVIEW OF NUMBERSDSW reported net income of USD 39.3 Million, or 48 cents a share, which is up fro..