Baby Formula Makers Abbott and Reckitt See Stocks Slide

Baby Formula Makers Abbott and Reckitt See Stocks Slide as Judge Allows Retrial
Infant formula makers Abbott and Reckitt saw their stocks decline Friday after a judge ruled plaintiffs could pursue a new trial against the companies.
Abbott and Reckitt Fall on News of New Infant Formula Trial
Abbott Laboratories and Reckitt Benckiser Group Plc shares fell as a judge ordered a new trial after rejecting a verdict that had cleared the companies of liability over claims they hid potential risks of their premature-infant formulas.
That baby formula trial Abbott and Reckitt had won isn't over just yet
Back in October, a jury found North Chicago-based Abbott and Reckitt’s formula subsidiary Mead Johnson not responsible for a baby developing necrotizing enterocolitis, or NEC, from their cow-milk-based formulas. NEC is a serious, and sometimes deadly, gastrointestinal disease that primarily afflicts premature infants.
Reckitt Shares Drop on Infant Formula Retrial in U.S.
Reckitt--which houses Dettol, Harpic and Durex among its brands--said the judge ordered a retrial of a Missouri lawsuit that had found in October that subsidiary Mead Johnson wasn't liable for injuries suffered by a child who consumed its formula designed for premature babies.
Abbott Labs and Reckitt Benckiser Shares Fall After New Ruling on Infant Formula Case
Shares of Abbott Laboratories and Reckitt Benckiser fell Friday after a judge ruled a new trial could be heard involving a case on their infant formula products that had already seen a ruling in their favor.
FOX 4 News Dallas-Fort Worth16h
Several baby and child products under safety recalls: See the full list
From bathrobes to baby gates, several child and baby products are under safety recalls by the U.S. Consumer Product Safety Commission.
Dunnes Stores fined for selling nine year out of date infant formula that made baby violently ill
Dunnes Stores has been fined more than €30,000 for selling infant formula that was nine years out of date. A five-week-old ...
USDA disbands two key food safety committees
Two key federal advisory committees on food safety have been shut down, raising concerns among food safety advocates.
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Food recalls: Here's what to know about why they're issued, and what you should do
It is worth noting that per a document issued by the FDA, the agency has no mandatory recall authority over infant formula due to existing laws. Per the NALC's website, the FSIS does not have ...
L'Oreal cream recalled after potential cancer-causing chemical contamination
L'Oreal has recalled its acne treatment product Effaclar Duo for possible contamination with the carcinogen benzene.