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Mead Johnson Nutrition Co (MJN.N)

MJN.N on New York Stock Exchange

89.29USD
26 May 2017
Change (% chg)

$0.10 (+0.11%)
Prev Close
$89.19
Open
$89.17
Day's High
$89.30
Day's Low
$89.14
Volume
279,748
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606,357
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$94.40
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Latest Key Developments (Source: Significant Developments)

Mead Johnson nutrition Q1 non-GAAP earnings per share $0.80 excluding items
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Mead Johnson Nutrition Co :Mead johnson nutrition reports first quarter 2017 results.Q1 earnings per share $0.65.Q1 non-gaap earnings per share $0.80 excluding items.Qtrly net sales were 8% below prior year quarter on a reported basis and 5% below prior year quarter.Mead johnson nutrition co- "previously-issued guidance for mead johnson as a standalone entity is no longer applicable".Mead johnson nutrition co- 2017 annual earnings guidance is no longer applicable and will not be updated.Mead johnson nutrition - in view of proposed merger with reckitt benckiser group we will not be hosting an investor conference call to discuss results.Q1 earnings per share view $0.80, revenue view $911.5 million -- Thomson Reuters I/B/E/S.  Full Article

Mead Johnson acquires spray drying and finishing capabilities from Bega Cheese
Monday, 27 Feb 2017 03:30am EST 

Mead Johnson Nutrition Co : Mead Johnson acquires strategic capabilities and capacity in australia . Transaction is expected to close in Q2 of 2017 Further company coverage: [MJN.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Bega Cheese secures long term nutritional partnership with Mead Johnson
Monday, 27 Feb 2017 03:11am EST 

Bega Cheese Ltd : Asx alert-bga secures long term nutritional partnership with mjn-bga.ax . Has agreed to sell one of its spray dryers at tatura and its infant formula finishing plant at derrimut . Deal for for aud $200 million .As a part of transaction co has secured a 10 year service and access agreement with mead johnson for spray dryer and finishing plant.  Full Article

Mead Johnson confirms deal discussions with Reckitt Benckiser
Wednesday, 1 Feb 2017 10:52pm EST 

Mead Johnson Nutrition Co : Statement on discussions with Reckitt Benckiser Plc . Confirms that it is in discussions with RB with respect to its proposal to acquire outstanding shares of MJN for $90 per share in cash .Says no agreement has been completed, and there are no assurances that any transaction will result from these discussions.  Full Article

Reckitt Benckiser confirms it is talks to buy Mead Johnson
Wednesday, 1 Feb 2017 07:44pm EST 

Reckitt Benckiser Group Plc : Expects to finance the possible transaction through a combination of cash and debt . Reckitt Benckiser Group Plc - no certainty that any transaction will ultimately be agreed, nor as to the terms on which any transaction might occur . Negotiations valuing Mead Johnson's entire share capital at approximately $16.7 billion . Says confirms that it is in advanced negotiations to acquire each Mead Johnson share for $90 in cash Further company coverage: [RB.L] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 bln- source
Wednesday, 1 Feb 2017 07:19pm EST 

: Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 billion- source ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Reckitt Benckiser in talks to buy Mead Johnson in deal that could be worth more than $15 bln - CNBC citing DJ
Wednesday, 1 Feb 2017 05:59pm EST 

: Reckitt Benckiser is in talks to buy Mead Johnson in deal that could be worth more than $15 billion - CNBC citing DJ Further company coverage: [MJN.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mead Johnson Nutrition reports Q4 earnings per share $0.91
Thursday, 26 Jan 2017 07:30am EST 

Mead Johnson Nutrition Co : Mead Johnson Nutrition reports fourth quarter and full year 2016 results; provides 2017 guidance . Sees fy 2017 GAAP earnings per share $3.05 to $3.20 . Q4 non-GAAP earnings per share $0.78 excluding items . Q4 earnings per share $0.91 . Mead johnson nutrition co- company expects 2017 gaap eps to be in range of $3.05 to $3.20 . Q4 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Mead Johnson Nutrition Co- specified items such as charges related to fuel for growth and other items are estimated to be $0.10 in 2017 . Mead Johnson Nutrition Co-for 2017, company expects non-GAAP EPS of $3.35 to $3.50 on a constant dollar basis . Mead Johnson Nutrition - "for 2017, expect some pressure on both topline and costs in beginning of year, impact of currency rising dairy costs will likely weigh on results" . FY2017 earnings per share view $3.43, revenue view $3.72 billion -- Thomson Reuters I/B/E/S . Mead Johnson Nutrition Co- Q4 gross sales were 3pct below prior year quarter on a reported basis and in-line with prior year quarter on a constant dollar basis . Mead Johnson Nutrition Co qtrly net sales $901.6 million versus $967 million last year . Mead Johnson Nutrition Co - for 2017, company expects full year net sales to be in range of negative 3pct to 0pct compared to 2016 on a reported basis.  Full Article

Mead Johnson Nutrition reports Q2 and FY First-half results
Thursday, 28 Jul 2016 07:30am EDT 

Mead Johnson Nutrition Co : Revised its net sales outlook and now expects full year net sales of 5% to 7% below prior year on a reported basis . Revised its net sales outlook and now expects full year net sales of 0% to 2% below prior year on a constant dollar basis . Mead Johnson Nutrition reports second quarter and first half 2016 results; reaffirms 2016 eps guidance; announces an expansion of cost productivity program . Reaffirms fy 2016 gaap earnings per share view $2.91 to $3.03 . Q2 earnings per share $0.83 . Q2 earnings per share view $0.78 -- Thomson Reuters I/B/E/S . Reaffirms fy 2016 non-gaap earnings per share view $3.48 to $3.60 . Q2 non-gaap earnings per share $0.88 excluding items . Qtrly net sales $941.5 million versus $1,032.4 million . Q2 revenue view $963.7 million -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $3.51, revenue view $3.88 billion -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.93, revenue view $966.9 million -- Thomson Reuters I/B/E/S.  Full Article

Mead Johnson Nutrition Co announces quarterly dividend
Tuesday, 1 Mar 2016 04:30pm EST 

Mead Johnson Nutrition Co:Sets quarterly dividend of $0.4125 per share.  Full Article

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BRIEF-Mead Johnson nutrition Q1 non-GAAP earnings per share $0.80 excluding items

* Qtrly net sales were 8% below prior year quarter on a reported basis and 5% below prior year quarter