ADVFN - Advanced Financial Network.
HOME» NYSE » J » JNJ Stock Price » JNJ Stock News

Johnson & Johnson Share News

 Johnson & Johnson Stock Price
JNJ Stock Price
 Johnson & Johnson Stock Chart
JNJ Stock Chart
 Johnson & Johnson Stock News
JNJ Stock News
 Johnson & Johnson Company Information
JNJ Company Information
 Johnson & Johnson Stock Trades
JNJ Stock Trades

J&J CEO: Will Make Any Changes Needed After Recall

DOW JONES NEWSWIRES Johnson & Johnson's (JNJ) chief executive vowed to make whatever changes are needed for its manufacturing processes to meet consumers' expectations and the company's own standards, saying it has hired independent quality experts to help. The company recalled about 1,500 lots of bottled products last week, including pediatric versions of Tylenol, Motrin, Zyrtec and Benadryl. Its McNeil Consumer Healthcare unit said it was withdrawing the over-the-counter products, starting late last Friday, because of manufacturing problems at its Fort Washington, Pa., plant In an open letter Friday to all those who use J&J products on the firm's corporate blog, Chairman and Chief Executive Bill Weldon called the recalls a disappointment to him and the rest of the company and its workers. "I have been assured that the chance of a serious medical event from the recalled products is remote," he said. "Even so, this does not give us comfort; one of our companies has let you down." He reiterated that McNeil suspended manufacturing at the Pennsylvania plant and has hired independent quality experts to help the facility return to the proper standards and also reevaluate the systems and manufacturing processes across the organization. He ended the note by saying the company "will work hard to earn back your confidence." A House committee said earlier this week it is opening an investigation into conflicting accounts of what had prompted the recall, as well as how the company handled consumer complaints about foreign matter in the bottles. Johnson & Johnson shares were up 0.2% at $63.42 in after-hours trading. The stock is down modestly so far this year. Johnson & Johnson blog: http://jnjbtw.com/ -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com

Stock News for Johnson & Johnson (JNJ)
DateTimeHeadline
05/22/201503:06:22Reckitt's Personal Lubricants Buy May Lessen Competition -UK...
05/21/201516:58:28Current Report Filing (8-k)
05/21/201515:54:02Johnson & Johnson Just Stepped Up Its Hepatitis C Game
05/21/201508:05:02Following Hepatitis C, This Could Be the Next Disease Researchers...
05/20/201516:14:31Johnson & Johnson Takes On Gilead Sciences in Hep C... Again
05/20/201512:15:10What Is the S&P 500 Index?
05/20/201511:40:40Why Achillion Pharmaceuticals, Inc. Shares Are Collapsing
05/20/201510:40:00China Diabetes Management Devices Market Growth to be Driven...
05/20/201510:40:00China Diabetes Management Devices Market Growth to be Driven...
05/20/201509:20:19J&J Expects to File at Least 10 New Drugs
05/20/201508:47:16Johnson & Johnson Says It Will File at Least 10 New Drugs by...
05/20/201507:30:00Johnson & Johnson Pharmaceutical Segment to Continue Driving...
05/19/201518:20:06Johnson & Johnson to Invest in Achillion
05/19/201518:14:08Johnson & Johnson and Achillion in $1.1 Billion Tie-Up
05/19/201512:06:16Correction to Story on Johnson & Johnson's Schizophrenia Drug
05/19/201510:00:10FDA Grants Priority to J&J Schizophrenia Drug
05/19/201509:43:31Johnson & Johnson's Schizophrenia Drug Gains FDA's Priority Review
05/18/201521:09:03The 30 Dow Jones Stocks
05/18/201515:46:02Apple Inc. Wants Your DNA, but Why?
05/13/201510:48:04Dividend Stocks: What You Need to Know

Johnson & Johnson and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad