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Stock Market & Financial Investment News

News Breaks
July 18, 2014
07:40 EDTMJNMead Johnson August volatility elevated as shares near record high into Q2
Mead Johnson August call option implied volatility is at 29, November is at 23, January is at 22; compared to its 26-week average of 25 according to Track Data, suggesting large near term price movement into the expected release of Q2 on July 22.
News For MJN From The Last 14 Days
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April 28, 2015
07:43 EDTMJNMead Johnson pushing for changes to WIC program, WSJ reports
The law authorizing the $6B per year WIC program providing food vouchers to women who are pregnant or have young children is up for renewal this year and formula makers, led by top U.S. maker Mead Johnson (MJN), are pushing for change, said The Wall Street Journal. Growth in the program has made it a money-losing venture for baby formula makers who essentially make no profit off formula sold to states as part of the program and Mead Johnson is pushing for changing eligibility requirements, thereby limiting or even shrinking the pool of recipients, the report noted. Other U.S. infant formula makers include Abbott (ABT) and Nestle (NSRGY). Reference Link
April 23, 2015
07:32 EDTMJNMead Johnson reiterates FY15 adjusted EPS view $3.90-$4.00, consensus $4.00
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07:32 EDTMJNMead Johnson reaffirms FY15 non-GAAP guidance
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07:32 EDTMJNMead Johnson reports Q1 adjusted EPS $1.09, consensus $1.05
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April 22, 2015
15:50 EDTMJNNotable companies reporting before tomorrow's open
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