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Cosmetic Talc Litigation Media Coverage August 02, 2016
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Pandora Media Inc (NYSE:P) Moved Up 3.19%, Johnson & Johnson (NYSE:JNJ), RPC INC. (NYSE:RES), Citigroup Inc. (NYSE:C), Sprint Corporation (NYSE:S)
Aug 1, 2016 | KC Register
By Karina Storrs
.... Johnson & Johnson (NYSE:JNJ) is being hit with lawsuits all over the country over the link between their talcum powder and ovarian cancer. But what most people don’t know is that several years ago the company offered a woman $1.3 million to keep the link between talc and cancer quiet from the public. -
Why we should all be more careful when sprinkling the talcum powder
Aug 1, 2016 | Irish Mirror
By Miriam Stoppard
As a dermatologist, I’ve never been keen on talcum powder. It can accumulate in skin creases and irritate, and its particles can act as an abrasive.
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Aug 1, 2016 | KC Register
By Karina Storrs
On Friday Pandora Media Inc (NYSE:P) share price closed at $13.60. Company net profit margin stands at -23.00% whereas its return on equity (ROE) is -46.30%. Pandora Media Inc (NYSE:P) is -39.82% away from its 52 week high and its 52 week range is $7.10 – $22.60.
Pandora Media Inc (NYSE:P) on Wednesday detailed its plans to market concert tickets to listeners, broadening the company’s business as it strives to become profitable. Building on its $450 million acquisition of ticketing firm Ticketfly last year, Pandora said it will begin integrating concert recommendations into its app and sending users a digest of shows of interest.
Johnson & Johnson (NYSE:JNJ) traded 6.96 Million shares and its share price increased 0.62% to close at $125.23. Company has 0.02% insider ownership. Johnson & Johnson (NYSE:JNJ) quarterly performance is 12.53% while its year to date (YTD) performance is 23.67%.Johnson & Johnson (NYSE:JNJ) is being hit with lawsuits all over the country over the link between their talcum powder and ovarian cancer. But what most people don’t know is that several years ago the company offered a woman $1.3 million to keep the link between talc and cancer quiet from the public.
On Friday shares of RPC Inc. (NYSE:RES) ended up at $14.49. This year Company’s Earnings per Share (EPS) growth is -141.00% and next year’s EPS growth is 66.20%. Beta of RPC Inc. (NYSE:RES) is 1.17 while company weekly performance is 1.12%.RPC Inc. (NYSE:RES) announced its unaudited results for the second quarter ended June 30, 2016. For the quarter ended June 30, 2016, revenues decreased 51.9 percent to $143.0 million compared to $297.6 million in the second quarter of last year. Revenues decreased compared to the prior year due to lower activity levels and pricing for our services, partially offset by higher service intensity. Operating loss for the quarter was $75.2 million compared to an operating loss of $52.3 million in the prior year.
On Friday shares of Citigroup Inc. (NYSE:C) ended up at $43.81. This year Company’s Earnings per Share (EPS) growth is 146.10% and next year’s EPS growth is 12.61%. Beta of Citigroup Inc. (NYSE:C) is 1.99 while company weekly performance is -0.75%.Citigroup Inc. (NYSE:C) is announcing the redemption, in whole, constituting €1,067,166,000 in aggregate principal amount, of its 4.750% Fixed / Floating Rate Callable Subordinated Notes due May 2017 (the “notes”) (isin:XS0303074883). The redemption date for the notes is August 31, 2016. The cash redemption price payable for the notes on the redemption date will equal par plus €360,968.90 in accrued and unpaid interest. The redemption announced today is consistent with Citigroup’s liability management strategy, and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure.
Sprint Corporation (NYSE:S) increased 2.33% to close at $6.14 on 29 July. Its return on assets (ROA) is -2.50% while return on investment (ROI) is 0.30%. Sprint Corporation (NYSE:S) price to sales (P/S) ratio is 0.76.Sprint Corporation (NYSE:S) has brought 100 families to the Kansas City area by hiring new employees from all over the world. On Saturday, they got a welcome party from CEO Marcelo Claure. “It gives me a chance to meet their families,” he said. “I think Monday when we all come back to work, we’re a happier family and we’re all more energized.” Mark Davis The Kansas City Star
http://www.kcregister.com/pandora-media-inc-nysep-moved-up-3-19-johnson-johnson-nysejnj-rpc-inc-nyseres-citigroup-inc-nysec-sprint-corporation-nyses/28936/
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Why we should all be more careful when sprinkling the talcum powder
Aug 1, 2016 | Irish Mirror
By Miriam Stoppard
Studies have linked talc to ovarian cancer, especially if used in the genital area, and it can also act as an irritant
As a dermatologist, I’ve never been keen on talcum powder. It can accumulate in skin creases and irritate, and its particles can act as an abrasive.
I’m even less happy using talcum powder on babies whose delicate skin is much more vulnerable to damage.
There was a scare a few decades back which linked talcum powder granules to bowel disease, such as ulcerative colitis and Crohn’s disease .
In 1991, Welsh scientists also discovered particles of talc embedded in ovarian and cervical cancers.
A report out earlier this year linked the use of talc on genitals with a 44% increase in invasive ovarian cancer among African American women.
The International Agency for Research on Cancer in 2006 also classified talcum powder as a possible human carcinogen if used in the female genital area.
But cancer is difficult to understand because it develops over a long period and can be influenced by several factors, including lifestyle, genes and environment. Talc is a natural clay mineral composed of magnesium and silicon.GettyResearchers have found links to ovarian cancer
Because of its softness it’s often used in cosmetic products, such as blusher, because it prevents caking and absorbs excess moisture.
It’s also added into some tablets and chewing gum. Talc residues are often found near asbestos , a known carcinogen which means manufacturers have to take strong measures to avoid contamination when it is mined.
Some women like to use the powder on their inner thighs to prevent chafing, while others sprinkle it on their underwear to stay fresh.
But in 1982, Harvard professor Dr Daniel W Cramer and his colleagues compared 215 women with ovarian cancer and 215 healthy women who served as a control group.
Women who used talcum powder were at nearly twice the risk of having ovarian cancer than non-users. Those who used it regularly on their genitals and sanitary pads were at more than three times the risk.
Why talc use might lead to cancer is not clear. Studies have shown that talc crystals can move up the genitourinary tract into the peritoneal cavity, where the ovaries are.
And because talc particles can set off inflammation, and inflammation plays an important role in the development of ovarian cancer – and any other cancer – could be a likely mechanism.
Now baby powder carries a warning to keep out of reach of children. And paediatricians, as well as dermatologists, discourage its use on babies, who can become ill or die after breathing in the particles.
You have been warned.
http://www.irishmirror.ie/lifestyle/health/should-more-careful-sprinkling-talcum-8541837
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