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Peloton Wants to Believe in Life After Lockdown

On May 24, 2021, Peloton Interactive’s  (PTON) – Get Peloton Interactive, Inc. Class A Report then-President William Lynch had exciting news. Lynch announced the interactive fitness company’s plan to build Peloton Output Park, or  the “POP”, its first dedicated Peloton factory in the U.S. in Troy Township, Ohio.  ‘We Have Big Plans'”We’ll be breaking ground later this summer and…

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Johnson & Johnson Suspends Vaccine Sales Guidance, Cuts Profit Forecast; Stock Slumps

Updated at 9:04 am EST Johnson & Johnson  (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but lowered its full-year profit forecast, and suspended its guidance for vaccine sales amid what it called a global surplus and waning demand.  Johnson & Johnson said adjusted earnings for the three months ending in…