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Company News For Jul 16, 2018

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  • Johnson & Johnson’s (JNJ - Free Report) shares declined 1.4% after the company was ordered to pay $4.69 billion in damages to 22 women in a lawsuit linking its baby powder with cancer.
  • Shares of AT&T, Inc. (T - Free Report) declined 1.7% after the Justice Department filed an appeal against a ruling approving the purchase of Time Warner
  • Apple Inc.’s (AAPL - Free Report) shares increased 0.2% on news that the iPhone maker was planning to launch a $300 million clean energy fund in China
  • Shares of Cisco Systems, Inc. (CSCO - Free Report) declined 4.1% on news that Amazon is considering selling its own network switches with built-in connection to Amazon Web Services cloud-computing offering

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