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Troubles At Johnson & Johnson Infect PPH

Eric Dutram — Wed, 09 Jun 2010 13:18:23 +0000

Through almost six months, 2010 has not been kind to many of the world’s largest companies, as a choppy market has given investors plenty of reasons to stay on the sidelines; debt issues threaten to drag down bank profits and a massive oil spill in the Gulf has sliced BP’s shares nearly in half since the spill began almost six weeks ago (weighing on the entire sector in the process). Meanwhile, an often overlooked situation is brewing at pharma giant Johnson & Johnson (JNJ), as the firm was recently forced to recall several children’s pain and cold medicines over manufacturing issues which may have put metal particles into the products. Since hitting its 2010 high of just over $66/share, JNJ has plummeted more than 11.2% to its current share price of roughly $58.6/share, and some believe that the worst could still be ahead for the pharmaceutical giant. The formal recall, [...]

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Will Obamacare Put Healthcare ETFs On Life Support?

Michael Johnston — Fri, 14 Aug 2009 14:00:02 +0000

Healthcare reform has been in the news a lot lately, with constant finger-pointing, debate, and competing versions of comprehensive bills. Although the passage of comprehensive reform appears to be less certain that it was only weeks ago, it remains likely that major changes are coming before the end of the year. While many specifics are still up in the air, it is becoming clear that the outcome of this issue could make a major impact from Main Street to Wall Street. So what does all the speculation and proposed reform mean for healthcare ETFs? That all depends on which of the three main types of funds you’re talking about; biotech ETFs, pharmaceutical ETFs, and healthcare provider ETFs each figure to be impacted in a unique manner as this saga plays out. Each comes complete with its own risks and rewards for investing at a tumultuous time in this rapidly-changing industry. [...]

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Pharma ETFs Rise on Swine Flu Pandemic News

Michael Johnston — Thu, 11 Jun 2009 15:19:23 +0000

The World Health Organization on Thursday informed its 11 member nations that it is declaring an H1N1 (aka “Swine Flu”) pandemic. The declaration of a flu pandemic, the first since 1968, means that the WHO believes a global outbreak of H1N1 has begun. As a result of the declaration, all countries, including those with no reported cases, will be required to launch pandemic-prevention plans. “At this early stage, the pandemic can be characterized globally as being moderate in severity,” WHO said in the statement. “(We) remain in close dialogue with influenza vaccine manufacturers.” As media coverage dwindled, the swine flu threat faded from the minds of most Americans, despite warnings that we weren’t out of the woods yet. Many believed that the virus could return with a vengeance come flu season, but it appears that even those predictions may have been optimistic. On Wednesday, the WHO announced that 74 countries had reported [...]

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ETF Database » IXJ

Troubles At Johnson & Johnson Infect PPH

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Will Obamacare Put Healthcare ETFs On Life Support?

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