Wal-Mart Bribery Rumors Churn and 2 Dow Movers Sparking Chatter
Johnson & Johnson (NYSE:JNJ): Current price $74.29
Research indicates that around 8 million children, or 1 of 20 in the United States, get migraines, but two studies show that medicines to prevent or treat migraines in adults are not effective in children, according to Bloomberg. An analysis of 21 trials published in JAMA Pediatrics indicated that Johnson and Johnson’s seizure medicine Topamax and the antidepressant trazodone show limited evidence to support use in children’s migraines occurring fewer than 15 times a month and that other drugs, among which include some meds for hypertension, are no better than a placebo.
JPMorgan Chase & Co. (NYSE:JPM): Current price $46.82
Sources report that JPMorgan analysts Yoshiharu Izumi and Nobuhito Owaki, based in Tokyo, are exiting the firm, says Bloomberg. Izumi is an executive director who managed industrial and consumer electronics firms and Owaki is a chemicals analyst.
Wal-Mart Stores (NYSE:WMT): Current price $69.96
United States Representatives Elijah Cummings (D-MD) and Henry Waxman (D-CA) have brought new public accusations that Wal-Mart Stores bribed public officials in Mexico to suit its growth plans, according to Bloomberg.