Health Care Down After Mixed Earnings - Health Care Roundup
Health-care companies fell after mixed earnings.
Johnson & Johnson shares fell after talcum-powder litigation weighed down its earnings despite robust sales growth. J&J is has talked with investment firm Apollo Global Management about a spin off of its orthopedic-surgery products unit, Chief Financial Officer Joseph Wolk said.
UnitedHealth Group shares rose after the largest U.S. insurer by enrollees reported earnings that came in above analysts' expectations and again raised its projection for the year, making progress on its turnaround.
A CVS Health unit agreed to pay $315 million to resolve allegations that it illegally filled opioid prescriptions and submitted false claims for Medicare to pay for them.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 13, 2026 17:21 ET (21:21 GMT)
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