Infant formula makers Abbott and Reckitt saw their stocks decline Friday after a judge ruled plaintiffs could pursue a new trial against the companies. A jury in October found the companies not ...
Reckitt Benckiser is continuing to assess options for its nutrition operations housing the Mead Johnson infant-formula business. After describing nutrition as “non-core” in July as part of a ...
Abbott was down 2.7% at 1:54 p.m. in New York after paring morning losses, while Reckitt’s shares fell as much as 5.6% in London before closing down 1.7%. Both early declines were the biggest in ...
Reckitt has shown a medium-term uptrend since April 2024, outperforming peers, but litigation risks from Mead Johnson remain substantial, making the stock a hold. Reckitt's strategic focus on high ...
In a report released today, Guillaume Delmas from UBS maintained a Buy rating on Reckitt (RKT – Research Report), with a price target of £77.00. See what stocks are receiving Strong Buy ratings ...
Bernstein analyst Callum Elliott maintained a Hold rating on Reckitt (RKT – Research Report) today and set a price target of £55.00. See what stocks are receiving Strong Buy ratings from top ...
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Investing.com - Reckitt Benckiser (LON:RKT) stock retreated Friday amid uncertainty over its liabilities surrounding its Mead Johnson infant-formula business. At 06:55 ET (10:55 GMT), Reckitt stoc ...
Shares of Abbott Laboratories and Reckitt Benckiser Group slid this morning following a Missouri state court granting the plaintiff a retrial in a baby formula case the companies previously won.
Reckitt Benckiser’s profits fell short of analysts’ expectations last year, despite burgeoning hopes of a turnaround at the consumer goods giant. The owner of brands like Strepsils, Dettol and Lemsip, ...
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 ...