Johnson & Johnson (NYSE: JNJ) today announced it has committed to ensuring more than $500 million is dedicated to world class research & development and delivery programs over the next four years to accelerate global efforts to eliminate HIV and tuberculosis (TB) by 2030. As one of the world's largest healthcare companies, Johnson & Johnson is deeply engaged in global health innovation, working closely with governments and strategic partners to improve the health and well-being of more people in more places around the world.


Today, the first Disney store at Target locations opened inside 25 select Target stores across the country, along with a fun new digital experience at Target.com/Disneystore and in the Target app. That means guests can now shop an enhanced Disney assortment of more than 450 items, including more than 100 products previously only available at Disney retail locations

Phillips 66 (NYSE: PSX) announced that the board of directors has approved a new share repurchase program that authorizes the company to repurchase up to $3 billion of its common stock, bringing the total amount of share repurchase programs authorized by the board since 2012 to an aggregate of $15 billion. The board also declared a quarterly dividend of 90 cents per share on Phillips 66 common stock. The dividend is payable on Dec. 2, 2019, to shareholders of record as of the close of business on Nov. 18, 2019.
KEY POINTS
Southwest’s pilots union sues Boeing over lost income due to the 737 Max grounding.
The planes have been grounded since mid-March after two fatal crashes kill 346 people.
“This increase in our ordinary dividend reflects the significant transformation our company has undergone over the past few years,” said Ryan Lance, chairman and chief executive officer. “Since announcing our returns-focused value proposition in 2016, we have improved our underlying performance drivers and lowered our sustaining price for the business. Given these enhancements, we are confident we can fund a higher, growing cash dividend, while maintaining a substantial, consistent buyback program. Since 2016 we have returned about 45 percent of cash from operations to shareholders and we remain committed to delivering peer-leading return of capital annually.”
Walmart (NYSE: WMT) and Roku, Inc. (NASDAQ: ROKU) today announced the onn.TM • Roku Smart Soundbar and onn.TM • Roku Wireless Subwoofer. The onn Roku Smart Soundbar is an easy way to add high-quality sound and powerful streaming to a TV. For deeper, richer bass, Walmart customers can add the optional onn Roku Wireless Subwoofer. Exclusive to Walmart, both products will be available within the coming weeks in Walmart stores and on Walmart.com for $129 each.
W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced three investments totaling approximately $124 million (€113 million). The investments comprise industrial facilities in the U.S., Mexico and the Netherlands and a build-to-suit commitment for an industrial R&D facility in Germany. The properties are triple-net leased to industry-leading tenants with a weighted-average lease term of approximately 22 years.
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