Ouzo83
Edited
𝐌𝐀𝐑𝐊𝐄𝐓 𝐌𝐈𝐍𝐈 𝐍𝐄𝐖𝐒 👀 $JNJ (Johnson & Johnson) Johnson & Johnson plans to pay an additional USD 1.1 billion to settle tens of thousands of legal actions alleging that its baby powder and other products cause cancer, two people familiar with the matter said. The increase would boost the size of the settlement to more than USD 9 billion paid out over 25 years. J&J said Wednesday that it has reached an agreement with a plaintiffs' lawyer who represents 12,000 clients to recommend a settlement offer, adding to the support it has already received from other plaintiffs. $HPE (Hewlett Packard Enterprise Co) HPE raised its forecast for annual adjusted earnings per share to a range of USD 1.92 to USD 1.97 from USD 1.85 to USD 1.95. For the fourth quarter, the company forecast revenue in the range of USD 8.1 billion to USD 8.4 billion, while analysts were expecting USD 8.18 billion. $GM (General Motors Co) General Motors said it will begin production in Brazil of its first-ever hybrid vehicles, which can run on 100% ethanol or gasoline in addition to batteries. $HOOD (Robinhood Markets Inc.) A cryptocurrency platform operated by Robinhood Markets will pay USD 3.9 million to $SPX500 allegations that it failed to allow customers to withdraw cryptocurrency from their accounts between 2018 and 2022, California Attorney General Rob Bonta said. I wish you successful investing 😊 Sincerely, 𝐌𝐢𝐜𝐡𝐚𝐥 𝐉𝐚𝐧𝐢𝐜𝐞𝐤 🍁 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧 𝐏𝐨𝐩𝐮𝐥𝐚𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫