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Stock Market & Financial Investment News

News Breaks
July 23, 2014
06:24 EDTDANOY, MJNMead Johnson could be worth $120-$130 in a takeout, says Citigroup
Citigroup says a Wall Street Journal article yesterday about Danone (DANOY) launching a strategic review has renewed speculation in the company being a potential acquirer of Mead Johnson (MJN). Citi says a buyout of Mead is in the "realm of possibility," and it estimates the company is worth $120-$130 per share in a takeout. The firm raised its price target for Mead shares to $109 from $105 citing the company's revenue momentum following its Q2 results. Citi reiterates a Buy rating on Mead.
News For MJN;DANOY From The Last 14 Days
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July 28, 2015
12:59 EDTMJNMead Johnson pays $12M to settle FCPA charges
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11:49 EDTMJNMead Johnson announces settlement with SEC resulting in payment of $12.03M
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July 26, 2015
20:33 EDTDANOYDanone CEO 'won't revisit' potential sale of medical nutrition unit, WSJ says
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July 24, 2015
05:38 EDTDANOYDanone confirms FY15 organic revenue guidance of up 4%-5%
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05:36 EDTDANOYDanone reports 1H15 EPS EUR 1.37 vs. EUR 1.16 last year
Reports 1H15 revenue EUR 11.39B vs. EUR 10.47B last year.
July 23, 2015
07:55 EDTMJNMead Johnson management to meet with JPMorgan
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07:39 EDTMJNMead Johnson sees FY15 EPS $3.63-$3.78, consensus $3.69
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07:38 EDTMJNMead Johnson reports Q2 adjusted EPS 76c, consensus 77c
Reports Q2 revenue $1.03B, consensus $1.05B.

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