Indra Bhattacharjee's Avatar
published in Blogs
Mar 25, 2019

Bayer AG and Johnson & Johnson (JNJ, $136.36) to settle blood thinner Xarelto litigation

According to court documents released on Monday, the German pharmaceutical multinational, Bayer AG, and the American pharmaceutical major, Johnson & Johnson, have finally agreed to settle more than 25,000 U.S. lawsuits over their best-selling blood thinner Xarelto, for a total of $775 million.

Although Bayer and J&J are yet to admit liability under the agreement, the settlement resolves all the pending U.S. lawsuits over Xarelto. The fines would be equally split by both companies, as they jointly developed the drug. Plaintiffs accused the companies of failing to sufficiently notify patients on the risk of uncontrolled bleeding.

Bayer had jointly developed Xarelto with J&J’s Janssen Pharmaceuticals unit, which sells the blood clot preventer under a licensing agreement in the United States.

Xarelto emerged as Bayer’s best-selling drug in 2018 and contributed 3.6 billion euros ($4.07 billion) in revenue to the German group’s pharmaceutical business. J&J reported that Xarelto’s total sales in 2018 amounted to $2.47 billion.

Related Tickers: JNJ
Sergey Savastiouk's Avatar
published in Blogs
Mar 14, 2023
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Dmitry Perepelkin's Avatar
published in Blogs
Mar 14, 2023
5 Habits that Lead to Successful Investing

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders.  Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.
Sergey Savastiouk's Avatar
published in Blogs
Mar 13, 2023
4 Tips for Fast, Effective Stock Analysis

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence.  Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.
Sergey Savastiouk's Avatar
published in Blogs
Mar 20, 2023
5 Golden Principles in Investing

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment.  Do unto others.The principles outlined here will ensure that happens.  Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.
Sergey Savastiouk's Avatar
published in Blogs
Mar 15, 2023
The five most important Lessons Learned After 10,000 hours of Trading
Edward Flores's Avatar
published in Blogs
Mar 12, 2023
What's the Difference Between Tokens and Altcoins?

What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.
Edward Flores's Avatar
published in Blogs
Mar 15, 2023
4 Ways to Save for Retirement Without a 401(k)

4 Ways to Save for Retirement Without a 401(k)

401(k) plans are attractive savings options for good reasons: tax breaks, potential employer matching, and access to growth investments.Roth IRA contributions are made in after-tax dollars, and withdrawals for account owners age 59 ½ or older are tax free (if the account is at least five years old). Investors with an individual adjusted gross income below $32,000 can even claim between 10 and 50 percent of contributions as a saver’s tax credit.
Sarah Patel's Avatar
published in Blogs
Mar 22, 2022
Nike (NKE, $130.03) beats fiscal Q3 earnings expectations
Sergey Savastiouk's Avatar
published in Blogs
Mar 16, 2023
Artificial Intelligence for Language Translation?

Artificial Intelligence for Language Translation?

Some use cases – predicting earthquakes, recognizing objects, and comparing medical scans, for example – offer tantalizing glimpses of a promising future.Now, MIT researchers have announced an “unsupervised” language translation model whose early returns signal a future with “faster, more efficient computer-based translations of far more languages.” Most widely-used translation programs (like Google’s) learn via models.
Lester Daniels's Avatar
published in Blogs
Mar 15, 2023
How Artificial Intelligence Can Boost your Trading Results