03.06.2016 - Johnson & Johnson expands business

The company Johnson & Johnson announced its intention to buy the manufacturer of goods for the hair care Vogue International for 3.3 billion dollars. It is worth noting that recently the Johnson & Johnson was getting rid of brands that show poor growth and are interested in rapidly developing brands. Last year, consumer business Johnson & Johnson showed a decline in sales by 8% to 13.5 billion dollars, due to an increase of the US dollar. At the same time sales of Vogue International exceeded 300 million dollars, which was 25% more than in the previous period. We forecast growth of Johnson & Johnson shares by 10-12% in the near future.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.