Sat, Sep 9, 2023 5:12 PM
G20 welcomes IMF-FSB Synthesis Paper on cryptocurrencies
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Mumbai: Packaged foods company Nestle India on Monday claimed its infant cereal brand Cerelac complies with local food norms, saying added sugars in the baby food are less than what India’s food regulator permits. “The way to meet the nutrition profile could be different, ingredients could be different," said chairman and managing director Suresh Narayanan.
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Monday, Koninklijke Philips N.V. PHG said it reached a $1.1 billion settlement in the U.S. related to the recall of its Respironics ventilators. Philips and the plaintiffs’ leadership, through a Court-appointed mediator, have reached an agreement to resolve the personal injury litigation and the medical monitoring class action in the U.S. The settlement addresses ~58,000 individuals.
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Mizuho raised the price target for LyondellBasell Industries N.V. LYB from $98 to $108. Mizuho analyst Christopher Parkinson maintained a Neutral rating.
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