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J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim
J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim
Johnson & Johnson announced late Monday that it had reached an agreement to commit $5.5 billion to resolve most lawsuits alleging its talc products caused ovarian cancer. The settlement could end 15 years of litigation and "lift the remaining overhang" on J&J shares, according to one institutional trading desk.
The "comprehensive resolution," as described by J&J, requires participation from law firms representing at least 95% of pending state and federal claims. The company faces roughly 76,000 lawsuits,...
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Feb 11, 2026 / John W. And Nisha Whitehead
The Politics of Hate: Weaponized Discord Is the Deep State’s Most Effective Tool
“Love your enemies.”— Jesus Christ “I hate my opponent and I don’t want the best for them.”—President Trump This country was built on the radical idea that government exists to serve the people—not to control them, monitor them, manage them, or rule over them. That idea is being systematically dismantled by a Deep State determined to […]
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Aug 2, 2026 / Jason Ditz
Israel Steps Up Southwest Syria Operations, Establishes New Checkpoints
Israeli forces entered the Quneitra Governorate again on Sunday and established and set up a new military checkpoint along the road near al-Rafid, in the southern part of that governorate, in southwestern Syria. The Israeli troops at the checkpoint stopped and searched Syrian civilians passing by, checked their IDs, and searched their vehicles. So far […]
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Mar 13, 2026 / Tyler Durden
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High
The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December...
Source Bloomberg
That is the highest YoY Core PCE since March 2024.
The headline PCE rose 0.3% MoM (as expected) driving prices up 2.8% YoY (down from December's +2.9%...
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