Best Food Stocks To Own Right Now: Danone SA (BN)
Danone SA is a France-based food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products. It also co-produces bottled water. The Company's portfolio of brands and products include Danone, a brand of fresh dairy products; Evian, a brand of bottled still water; Volvic, its international brand of bottled still water, and Aqua, a brand of packaged water in Indonesia. It has presence in the infant food market in France through its subsidiary, Bledina. It has also developed two probiotic dairy product lines known under the names Actimel, and Activia, as well as a line of low-fat products under the names Taillefine, Vitalinea and Ser. The Company operates through numerous subsidiaries in Europe, Asia and Americas. In February 2013 it acquired majority stake in Centrale Laitiere SA. In May 2013, it acquired an equity interest of over 90% in Happy Family, a baby food producer. In August 2013, it acquired YoCrunch. Advisors' Opinion:- [By Namitha Jagadeesh]
Danone SA (BN) declined 1.6 percent to 56.34 euros after saying baby-nutrition sales will fall in Asia in the third quarter. The company said it had to recall infant-formula products after milk-powder supplier Fonterra Cooperative Group Ltd. warned of a contaminated ingredient.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-food-stocks-to-own-right-now.html
No comments:
Post a Comment