Dannon wins legals battle against Chobani

• A federal judge in New York ruled that Chobani needs to cut out advertising claiming Dannon (OTCQX:DANOY) yogurt contains bug spray ingredients and chlorine.
• Dannon is expected to ask for damages after receiving the favorable ruling.
• Privately-owned Chobani is still free to point out that its yogurt is naturally sweetened, instead of using sucralose.
• The big picture: Chobani has stepped up its game in the U.S. after working out some manufacturing kinks and is competing on price with Dannon.