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Stocks to Watch: Johnson & Johnson, Lyft, Caleres, Standex

By Amrith Ramkumar 

Here are some of the companies with shares expected to trade actively in Tuesday's session.

Johnson & Johnson: The company must pay $572 million for contributing to an opioid-addiction crisis in Oklahoma, a judge there ruled Monday in a closely watched trial.

Lyft: Shares of the ride-hailing company rose 4.3% Monday, their largest one-day gain in two months, after Guggenheim Securities said the company should turn a profit by 2021, rather than 2023, following its latest price increase.

Caleres: The footwear company said second-quarter profit rose more than expected.

Standex: The manufacturing company said that quarterly sales fell less than expected from a year earlier and that its chief financial officer is resigning.

This is an updated version of the "Stocks to Watch" section of our Markets newsletter. To receive it every morning via email, click here.

Write to Amrith Ramkumar at amrith.ramkumar@wsj.com

 

(END) Dow Jones Newswires

August 27, 2019 07:06 ET (11:06 GMT)

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