Johnson & Johnson said it expects its sales growth to slow in 2019, citing pricing pressures and generic-drug competition for its pharmaceutical division.
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Viacom, the once mighty cable giant behind pop culture confections like “Jersey Shore” and children's fare like “Dora the Explorer,” is acquiring the streaming service PlutoTV for $340 million, the companies said in an announcement on Tuesday.
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The word from the mountaintop is pretty gloomy this January, with executives and high-profile economists warning of the risks of recession, trade tensions, global debt, populism and other dangers to growth and the markets.
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International Business Machines Corp. IBM -1.05% said revenue fell 3.5% in the fourth quarter, another setback in its yearslong quest to recapture growth, but its signal that faster-growing businesses would help boost profit this year sent shares higher.
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January 23rd, 2019 by Guest Contributor. Originally published on EVANNEX. By Charles Morris. After years of record sales and huge profits, legacy automakers are preparing for leaner times ahead.
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