J&J to Add Red Warning Alerts to Tylenol Containers and 2 Other Dow Movers to Watch
Johnson & Johnson (NYSE:JNJ): Current price $86.08
Soon, containers of Tylenol sold domestically will have red warnings for users, drawing attention to the potentially fatal risks of taking excessive amounts of the pain reliever. The move comes during a rising number of lawsuits and pressure from the federal government that might have hefty ramifications for a medicine taken by millions every day. Johnson & Johnson said the warning will appear on the caps of new bottles of Extra Strength Tylenol sold in the United States beginning in October and on most other Tylenol containers in coming months. The warning will make it explicitly clear that the medicine contains acetaminophen, a pain-relieving ingredient that is said to be the No. 1 cause of sudden liver failure.
JPMorgan Chase & Co. (NYSE:JPM): Current price $50.52
According to the Financial Times, JPMorgan Asset Management cut an additional nine funds in Europe on Friday, thus swelling the total for 2013 to 25. The firm also intends to cut another eight as-yet-unidentified funds during the next two months.
Home Depot Inc. (NYSE:HD): Current price $74.38
Tuesday, the day after the Labor Day weekend, is the ex-dividend date for Home Depot. Owners of shares as of the market close Friday will be eligible for a dividend of 39 cents per share. Calculated on a price of $74.61 as of 10:35 a.m. EST, the dividend yield is 2.1 percent versus the average Dow component yield of 2.7 percent. Shares are up by 21.3 percent in 2013 as of Thursday’s close.