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.

Postmarket

Last Trade
Delayed
$144.86
-0.03 (-0.02%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$144.89
Day's Change
0.33 (0.23%)
Bid
--
Ask
--
B/A Size
--
Day's High
145.25
Day's Low
143.01
Volume
(Above Average)
Volume:
7,947,667

10-day average volume:
7,013,269
7,947,667

Bump in Chinese mobile phone shipments is a positive for Apple, analyst says

10:11 am ET May 12, 2020 (MarketWatch)
Print

Chinese domestic mobile phone shipments in April rose 14% on a year-over-year basis to 41.7 million, according to the China Academy of Information and Communications Technology, a research institute that's part of China's Ministry of Industry and Information Technology. The disclosure served as "another data point illustrating a strong recovery in China," Wells Fargo analyst Aaron Rakers wrote in a note to clients. The data also showed a 11.9% rise in shipments of local-brand mobile phones to 38 million, which Rakers said implied the non-China branded smartphone shipments were up 44% to 3.7 million. "We believe the snapback in total registration, and the even more pronounced growth in non-China branded registrations should be considered a positive for Apple's F3Q20 iPhone shipments in China," he wrote. Apple shares are up 0.9% in Tuesday trading. They've lost 2.9% over the past three months as the Dow Jones Industrial Average has declined 18%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 12, 2020 10:11 ET (14:11 GMT)

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