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Johnson & Johnson to cut about 3,000 jobs in medical devices

2016-01-19 18:28:30| Biotech - Topix.net

Johnson & Johnson said Tuesday that it plans to cut about 3,000 jobs over the next two years as the health care conglomerate works to restructure its medical devices business. The New Brunswick, New Jersey, company said that amounts to more than 2 percent of its global workforce of around 127,000 people and 4 percent to 6 percent of its employee total in medical devices.

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Johnson & Johnson (JNJ) Receives "AAA" Credit Rating

2016-01-18 08:14:19| Biotech - Topix.net

Johnson & Johnson has been given an "AAA" credit rating by analysts at Morningstar . The investment research firm's "AAA" rating indicates that the company is an extremely-low default risk.

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Johnson & Johnson (JNJ) Position Decreased by RNC Capital Management

2016-01-15 07:30:03| Biotech - Topix.net

RNC Capital Management lowered its stake in shares of Johnson & Johnson by 14.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 337,341 shares of the company's stock after selling 55,974 shares during the period.

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Johnson Controls Spins Off Automotives Business

2016-01-13 06:00:00| Nonwovens Industry Breaking News

New automotive company will be named Adient.

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Johnson Controls forming new auto seating unit named Adient

2016-01-12 19:36:11| Canadian Plastics Headlines

Automotive seating component and systems supplier Johnson Controls Inc. is forming a new seating and interiors spin off business named Adient. The publicly traded company will officially be established in October 2016. “Adient is a positive, powerful name that underscores… The post Johnson Controls forming new auto seating unit named Adient appeared first on Canadian Plastics.

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