Johnson & Johnson
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Health Care : Pharmaceuticals | Large Cap Value
Company profile

Johnson & Johnson is a holding company, which is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. It operates through three segments: Consumer, Pharmaceutical and Medical Devices. Its primary focus is products related to human health and well-being. The Consumer segment includes a range of products used in the baby care, oral care, skin care, over-the-counter pharmaceutical, women's health and wound care markets. The Pharmaceutical segment is focused on five therapeutic areas, including immunology, infectious diseases, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment includes a range of products used in the orthopedic, surgery, cardiovascular, diabetes care and vision care fields. Its research facilities are located in the United States, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Japan, the Netherlands, Singapore, Switzerland and the United Kingdom.


Last Trade
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Closing Price
Day's Change
0.33 (0.23%)
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(Above Average)

10-day average volume:

UPDATE: Macy's looks to raise $5 billion in debt to avoid bankruptcy: report

9:00 pm ET April 21, 2020 (MarketWatch)

Macy's Inc. (M) is looking to raise as much as $5 billion in debt in an effort to avoid bankruptcy due to the coronavirus shutdown, CNBC reported Tuesday night ( CNBC said the nation's largest department-store chain would use its inventory as $3 billion in collateral, with another $1 billion to $2 billion in collateral coming from its real estate. Sources told CNBC that bankruptcy is not a focus at this time. Retailers are being hard hit by the economic shutdown, and last week Cowen analysts estimated Macy's had only about four months of cash available ( Bloomberg News also reported last week that Macy's was seeking to raise cash ( through a debt sale backed by real estate. Macy's has furloughed most of its staff (, and is losing its CFO ( after less than two years. Macy's shares are down 69% year to date, compared to the S&P 500's 15% loss. Ongoing losses have also dropped the retailer from the S&P 500 (, as it joined the S&P SmallCap 600 earlier this month.

-Mike Murphy; 415-439-6400;

(END) Dow Jones Newswires

April 21, 2020 21:00 ET (01:00 GMT)

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