- Barrons.com•4 days ago
Bellamy’s Australia, which makes organic infant formula, soared 12-fold after its initial public offering in mid-2014. Driving the initial frenzy in Bellamy’s stock (ticker:ticker::BAL.Australia) was China’s strong demand for its products because of worries about food safety in the country. According to Lloyd Moffatt, an analyst at Religare Institutional Research, at least half of Bellamy’s sales are done through a vibrant gray market called daigou, a Chinese word meaning “buying on behalf of.” Chinese agents travel to Australia, buy Bellamy’s formula cans in supermarkets, and then bring them home to sell on platforms such as Alibaba Group’s (BABA) Taobao or Tencent’s (0700.Hong Kong) WeChat.
- Barrons.com•6 days ago
Nestle (NSRGY) could acquire infant formula producer Mead Johnson (MJN), an anonymous source told StreetInsider. Shares of Mead Johnson were up 3.5% in afternoon trading. The U.S.-traded shares of Nestle ...
- TheStreet.com•15 days ago
China is developing a taste for dairy and beef. But it is desperately short of meeting demand, putting cattle-related assets in play.
DANOY : Summary for DANONE ADR - Yahoo Finance
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||12.60 - 12.72|
|52 Week Range||12.21 - 15.77|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||19.74|
|Dividend & Yield||0.36 (2.87%)|
|1y Target Est||N/A|