1. J&J Announces $5 Billion Share Buyback Program After Report Wipes Out $50 Billion in Market Value

    J&J Announces $5 Billion Share Buyback Program After Report Wipes Out $50 Billion in Market Value

    Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday claiming J&J knew its talc baby powders contained asbestos...

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    1. Based on our continued strong performance and, more importantly, the confidence we have in our business going forward, the Board of Directors and management team believe that the company's shares are an attractive investment opportunity.
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