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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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Apr 4, 2026 / credittrader
Dems' Ballroom Hate Is the Saddest Proof Yet of Their State of TDS Mental Unwellness
Dems' Ballroom Hate Is the Saddest Proof Yet of Their State of TDS Mental Unwellness
Authored by Stephen Kruiser via PJMedia.com,
There was a time not so long ago when the Democrats were formidable and — I'm not kidding here — occasionally enjoyable political foes. During the Tea Party years, we would often encounter Dem activists and hang out with them for a while. Sometimes we would even socialize. The Democrats of recent yesteryear bore no resemblance to the feral, frothing rage mob that the No Kings/Resist Dems are today.
It's both...
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Jun 26, 2026 / Tyler Durden
Qatar & The US Warn EU Of Gas Crunch Over Methane Regulation
Qatar & The US Warn EU Of Gas Crunch Over Methane Regulation
Authored by Irina Slav via OilPrice.com,
Major LNG suppliers say the EU’s methane regulations are too burdensome to comply with and could lead to reduced gas supplies.
The U.S. and Qatar contend that tracking methane emissions across complex gas supply chains is technically difficult or impossible.
With nearly 60% of its LNG imports coming from the U.S., the EU risks straining relations with key suppliers as it pursues stricter climate policies.
The United States and Qatar have once again warned the European...
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Jun 24, 2026 / Tyler Durden
Iran Calls MoU Deal A 'US Defeat' As Trump Touts Tehran Forced Into 'Very Big Concessions'
Iran Calls MoU Deal A 'US Defeat' As Trump Touts Tehran Forced Into 'Very Big Concessions'
Summary
Trump Hits Back, Seeks Narrative Control: "The war is going very well. As you know, we're winning by a lot. Iran is making very big concessions."
Iran Declares MoU A US Defeat: Tehran says the Islamabad agreement proves Washington abandoned its pressure campaign.
Hormuz Traffic Resumes under UN Auspices: About 72 ships carrying roughly 20 million barrels of oil transited the strait in the past 24 hours under a UN-backed framework.
Brent Falls Below $75, Iran war low:...
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