Johnson & Johnson Stock Falls After Latest Talc Resolution Rejected by Judge. - Barron's
1. JNJ's stock fell 3.6% due to failed lawsuit resolution. 2. A bankruptcy judge rejected JNJ's talc products bankruptcy proposal. 3. This was JNJ's third attempt to resolve size litigation. 4. Company aims to defend against individual claims in court. 5. Stock gained 15% this year prior to this development.