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0 -3.17561130518013E-05 -0.000317561130517674 -0.000158780565258781 0.00095268339155291 0.00190536678310571 -0.000317561130517674 0.00381073356621153
Stock impact report

Dairy giants rush to contain widening infant formula recall [BNN Bloomberg (Canada)]

DANONE S/ADR (DANOY) 
Company Research Source: BNN Bloomberg
The widening recalls highlight how a single compromised ingredient can ripple through the tightly regulated infant nutrition sector, triggering swift action from regulators and companies keen to avoid reputational harm and protect market share in lucrative regions such as China. Nestle recalled batches of infant nutrition products in dozens of countries earlier this month, due to possible contamination with cereulide, a toxin that can cause nausea and vomiting. A judicial inquiry in France is underway into whether there is a link between the death of a baby and the Nestle milk. The farm ministry said the results are expected in about 10 days. The Singapore Food Agency (SFA) on Saturday ordered the precautionary recall of a batch of Danone's Thailand origin Dumex Dulac 1 and Nestle's Swiss origin NAN HA1 SupremePro after detecting cereulide. Privately-owned Lactalis said on Wednesday its nutrition unit was recalling batches of baby milk in 18 countries, due to the presence of Show less Read more
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