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JNJ Stock News

market crash

5 Notorious Public Health Scares That Caused Share Price Crashes

When a company's share price crashes in the wake of a public health scare, it can take a long time for the business to rebuild a reputation seemingly wiped out overnight.

Case in point: Chipotle Mexican Grill Inc. It was brought to the public's attention last Friday that the restaurant chain was linked to an E. coli outbreak in the Pacific Northwest.

But Chipotle's debacle is a cake walk compared to these five notorious public health scares and the share price drops that followed them...

Stocks

Johnson & Johnson (NYSE: JNJ) Stock Buyback Tops $10 Billion

Drugmaker Johnson & Johnson (NYSE: JNJ) announced a $10 billion stock buyback program today (Tuesday) amid a mixed Q3 earnings report.

The $10 billion JNJ stock buyback represents about 3.7% of the company's outstanding shares. Johnson & Johnson said on Tuesday it had 2.77 billion shares outstanding as of Sept. 27.

Here's what investors need to know about the deal...