(Reuters) - Mead Johnson Nutrition Co on Tuesday said it will pay a penalty of about $33 million related to a probe by China into anti-competitive behavior by baby formula makers. The maker of Enfamil formula said the payment will reduce its full-year earnings by about 12 cents per share. But it reiterated its 2013 earnings forecast for profit, excluding one-time items, of $3.22 to $3.30 per share. ...
via Health News Headlines - Yahoo! News http://news.yahoo.com/mead-johnson-settles-china-over-baby-formula-probe-203418510.html
via Health News Headlines - Yahoo! News http://news.yahoo.com/mead-johnson-settles-china-over-baby-formula-probe-203418510.html
No comments:
Post a Comment