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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:32 EDTMJNMead Johnson sees FY13 effective tax rate about 25%
News For MJN From The Last 14 Days
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November 18, 2014
08:43 EDTMJNMead Johnson sees FY14 adjusted EPS $3.64-$3.72, consensus $3.72
Says excess cash flow and borring capacity provides flexibility to grow through M&A, return cash to shareholders via dividends and buybacks. Says will consider incremental demand-generation investments in 2015 in light of anticipated gross margin improvement. Sees long-term earnings growth at or above the rate of revenue growth. Sees revenue growth within the top quartile of peer group. Sees dividend growth at or above the rate of EPS growth. Comments from slides that will be presented at the Morgan Stanley Global Consumer Conference.
07:30 EDTMJNMorgan Stanley to hold a conference
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November 12, 2014
06:37 EDTMJNCiti says Hershey, TreeHouse, Mead still top picks in Food
After meeting with ten U.S. Food Manufacturers, Citigroup says Hershey (HSY), TreeHouse (THS) and Mead Johnson (MJN) remain its top picks in the space. Citi favors domestic companies, but says the consumer environment for food remains difficult with volume growth "hard to come by" in the U.S. The firm believes the expected uptick in U.S. food growth is failing to materialize.
November 11, 2014
12:34 EDTMJNMead Johnson management to meet with William Blair
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