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Investing

Baby Food, Toy Recalls Mar Holiday (WMT, MJN, TGT)

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By Paul Ausick Published

The death of an infant in Missouri has led Wal-Mart Stores Inc. (NYSE: WMT) to recall Enfamil baby formula manufactured by Mead Johnson Nutrition Co. (NYSE: MJN) from more than 3,000 US stores. Target Corp. (NYSE: TGT) is recalling around 139,000 toy travel cases that contain lead paint in their surface coating.

The child’s death was linked to the presence of Cronobacter, a bacterium that in rare cases affects newborns. Mead Johnson said that the batch of Enfamil believed to be involved was tested and cleared before it was delivered. New tests following the infant’s death reconfirm that finding according to the company.

The toy travel cases were manufactured in China for Target and were sold at the company’s store between April and August of this year.

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Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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