Mead Johnson (MJN) Rebounds; FDA, CDC Affirm of Enfamil Safety
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Mead Johnson Nutrition (NYSE: MJN) is looking healthy Tuesday, following reports that the U.S. Food and Drug Administration and the Centers for Disease Control (CDC) that health inspectors have completed their testing on all formula samples collected from the company -- including Enfamil PREMIUM Newborn -- confirming that the Mead Johnson products were safe, and no presence of Cronobacter was detected.
Shares are up 5.5 percent early Tuesday.
Shares are up 5.5 percent early Tuesday.
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