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Stock impact report

Nestle Recalls Batches of Infant Formula Potentially Containing Toxins [Yahoo! Finance]

NESTLE S.A S/ADR (NSRGY) 
NASDAQ:AMEX Investor Relations: nestle.com/investors
Company Research Source: Yahoo! Finance
The food-and-drink maker, also behind brands like Nescafe coffee and Purina pet food, said Monday that it would voluntarily recall the infant formula and its follow-on product. A Mystery Trader Made $400,000 Betting on Maduro's Downfall Trump's Hint to Oil Executives Weeks Before Maduro Ouster: ‘Get Ready' Hilton Lands in DHS Crosshairs After ICE Agents' Hotel Reservations Are Canceled Nvidia Unveils Faster AI Chips Sooner Than Expected How Corporate Security Has Changed a Year After UnitedHealth Killing There were no cases of confirmed illnesses due to the consumption of these products, it said. Parents are advised to refrain from feeding infants or young children the formula, Nestle said. “Out of an abundance of caution, Nestle has decided to perform this voluntary product recall,” the company said in a statement. The product was recalled as they potentially contain the cereulide toxin, which is heat resistant and can cause nausea and vomiting, according to the food Show less Read more
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