MJN

We told you so! Tests Find Mead Johnson Infant Formula Not Contaminated – WSJ.com

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Readers of the SaxAngle making record profits this month.   Federal Health Probe Finds Mead Johnson Infant Formula Not Contaminated   Federal health investigators cleared an infant formula of suspected bacterial contamination that last week prompted retailers to pull a batch of the product from their shelves. In a joint statement late Friday, the Food and Drug Administration and the Centers for Disease Control and Prevention said tests of factory-sealed containers of the formula, made by Mead Johnson Nutrition Co., showed no contamination. “Based on test results to date, there is no need for a recall of infant formula, and … Read more

‘s Focus Growth Fund: A Brief Analysis

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by: Dr. Osman Gulseven In a recent article, I discussed the top holdings in Morgan Stanley’s portfolio. According the latest 13F filings, Morgan Stanley’s (MS) year-to-date performance was mediocre and below the S&P 500 (SPY) return. The investment banks mutual funds have been lagging behind the market since the last decade. The mediocre performance of investment banks portfolio shows that they take hard-earned money and invest in under-performing assets. They also charge management fees and hidden costs such as front-end/back-end loads, plus commissions you never heard of. Some companies charge up to 3% in management expenses. I was checking which funds … Read more