Tuesday, December 30, 2008

Mead Johnson for sale - marketed based on the suffering of children...

"Morningstar analyst Debbie Wang says that despite its age, the firm [Mead Johnson] has continued to innovate and grow. She also likes the company's global footprint, especially in emerging markets in East Asia. News reports of deaths from melamine-tainted Chinese infant formula should only help firm up Mead Johnson's brand, she says. (W)e expect the company will take advantage of recent events involving tainted Chinese formula and dairy products in that market as parents turn to foreign brands that offer greater assurance of quality," she wrote in an Oct. 9 note.

Please note, my friends, that Mead Johnson products, along with Nestle, in the US were found to have trace melamine....

Why is Bristol-Meyer selling off this lucrative arm? Maybe they sense the fact that mothers are becoming better informed...Let's hope.

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