Mead Johnson 2Q profit falls 10%

By Dow Jones Newswires
Posted July 29, 2010 at 7:25 a.m.

Mead Johnson Nutrition Co.’s second-quarter profit fell 10 percent on falling margins, as strength in emerging markets was partially offset by a decline in North America.

As earnings still topped analysts’ expectations, the maker of products such as Enfamil baby formuly raised the low end of its 2010 earnings target.

 

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