Johnson & Johnson

Grand Rapids Business Journal

MillerKnoll seeks ‘multiplier effect’ in DEI work

MillerKnoll may be a new entity, but its diversity, equity and inclusion work started long ago. Formed in 2021 from the merger of Herman Miller, established in 1905, and Knoll, founded in 1938, MillerKnoll is a design company that offers office, workspace and home furnishings for the modern world. Its...

Johnson & Johnson stock rises Friday, still underperforms market

Shares of Johnson & Johnson (JNJ) inched 0.91% higher to $181.09 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index (SPX) rising 2.47% to 4,158.24 and the Dow Jones Industrial Average (DJIA) rising 1.76% to 33,212.96. The stock's rise snapped a two-day losing streak. Johnson & Johnson closed $5.60 below its 52-week high ($186.69), which the company achieved on April 25th.

County Provides COVID Booster Shots in June

The Cape May County Department of Health will be providing a second booster shot of the COVID-19 vaccines. The vaccines will be provided at the Department of Health’s offices, at 6 Moore Road in Cape May Court House on June 6 and June 20 from 3 p.m. to 5 for initial doses and boosters.

J&J Snack Foods: The Soft Pretzel King Is Expensive

JJSF is a $2.5b consumer staples company that is the market leader in soft pretzels. Although J&J Snack Foods (NASDAQ:JJSF) has increased dividends for 18 consecutive years, it is trading at 35x PE with a 2% dividend yield. With the US10Y at 2.75%, the returns expected from JJSF are just not that attractive. In addition, over the past 5 years, revenues have remained pretty flat and margins are continually under pressure. Insiders have also been continuously selling since November 2020 (with no insider buys).

Keynote announced for the 2022 Lawn & Landscape Technology Conference

Lawn & Landscape magazine has revealed the keynote for the 2022 Lawn & Landscape Technology Conference, taking place Aug. 10-12, 2022, at the Fairmont Scottsdale Princess in Scottsdale, Arizona. Jack Shaw is an Innovation and Emerging Technology Strategist with more than 30 years of experience helping leaders transform their organizations'...