Sabtu, 04 Mei 2019

Nearly 12M pounds of Tyson frozen chicken strips recalled because they may contain metal - USA TODAY

Tyson Foods Inc. has recalled approximately 11.8 million pounds of frozen chicken strips because the products may be contaminated with metal, the United States Department of Agriculture announced Saturday.

The government agency said this is an expansion of a March 21 recall when 69,093 pounds of strips were identified.

The affected products were produced between Oct. 1, 2018 and March 8, 2019 and have "Use By Dates" of Oct. 1, 2019 through March 7, 2020, the notice says. They have the establishment number "P-7221" printed on the back of the product package.

The problem was discovered after the agency received two consumer complaints of "extraneous material" in the chicken strip products, according to the release. The USDA names "pieces of metal" as the possible contaminant. 

Along with chicken products under the Tyson name, the recall also affects select Publix, Kirkwood, Giant Eagle, Hannaford, Food Lion, Best Choice, Great Value, Meijer and Spare Time products. The products were shipped to retailers nationwide.

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The agency is "now aware of six complaints during this time frame involving similar pieces of metal with three alleging oral injury."

USDA's Food Safety and Inspection Service classified the announcement as a "Class I" recall. Such recalls are considered a high health risk – a "situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death."

The agency says it is concerned that some product may be in consumers' freezers.

"Consumers who have purchased these products are urged not to consume them," the recall notice states. "These products should be thrown away or returned to the place of purchase."

More information about how to identify recalled products is included in a visual guide published by the USDA and a chart with a list of items.

For questions about the recall, consumers should call Tyson Foods Consumer Relations at 1-866-886-8456.

May 4 recalled items

The recalled items were produced have "Use By Dates" of Oct. 1, 2019 through March 7, 2020 and have the establishment number "P-7221" printed on the back of the product package.

  • Tyson fully cooked crispy chicken strips, 40-ounce frozen plastic bag
  • Tyson fully cooked buffalo style chicken strips, 40-ounce frozen plastic bag
  • Tyson fully cooked honey BBQ flavored chicken strips, 25-ounce frozen plastic bag
  • Best Choice Buffalo Style Chicken Strips, 20-ounce frozen plastic bag
  • Great Value Fully Cooked Chicken Strips Crispy, 25-ounce frozen plastic bag
  • Food Lion crispy chicken strips fully cooked, 25-ounce frozen plastic bag
  • Tyson fully cooked crispy chicken strips, 25-ounce frozen plastic bag
  • Tyson fully cooked buffalo style chicken strips, 25-ounce frozen plastic bag
  • Food Lion buffalo-style chicken strips fully cooked, 25-ounce frozen plastic bag
  • Meijer crispy chicken strips, 25-ounce frozen plastic bag
  • Meijer chicken strips, honey BBQ flavored, 25-ounce frozen plastic bag
  • Meijer chicken strips buffalo style, 25-ounce frozen plastic bag
  • Giant premium chicken strips, 25-ounce frozen plastic bag
  • Giant Eagle crispy fully cooked chicken strips, 25-ounce frozen plastic bag
  • Publix fully cooked crispy chicken strip fritters, 25-ounce frozen plastic bag
  • Kirkwood Honey BBQ flavored chicken strips, 25-ounce frozen plastic bag
  • Kirkwood buffalo style chicken strips, 25-ounce frozen plastic bag
  • Hannaford buffalo-style chicken strips fully cooked, 25-ounce frozen plastic bag
  • Hannaford crispy chicken strips fully cooked, 25-ounce frozen plastic bag
  • Select Spare Time fully cooked strips in a variety of flavors in 20-pound frozen cases

March 21 recalled items

  • Tyson fully cooked buffalo style chicken strips, 25-ounce frozen plastic bag
  • Tyson fully cooked crispy chicken strips, 25-ounce frozen plastic bag
  • Spare Time fully cooked, buffalo style chicken strips, 20-pound frozen case

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Contributing: Joel Shannon

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko

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https://www.usatoday.com/story/money/food/2019/05/04/tyson-frozen-chicken-recall-12-million-pounds-recalled-metal-risk/1099777001/

2019-05-04 08:01:00Z
52780285535522

Tyson Foods, Inc. Recalls Chicken Strip Products Due to Possible Foreign Matter Contamination - USDA.gov

EDITOR’S NOTE: This release is being reissued as an expansion of the March 21, 2019 recall, which consisted of 69,093 pounds of frozen, ready-to-eat chicken strip products. The scope of this recall expansion now includes more information and an additional 11,760,424 pounds of product.

WASHINGTON, May 4, 2019 – Tyson Foods, Inc., a Rogers, Ark. establishment, is recalling approximately 11,829,517 million pounds of frozen, ready-to-eat chicken strip products that may be contaminated with extraneous materials, specifically pieces of metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen, ready-to-eat chicken strip items were produced on various dates from Oct. 1, 2018 through March 8, 2019 and have “Use By Dates” of Oct. 1, 2019 through March 7, 2020. The chart contains a list of the products subject to recall.[View Labels (PDF only)]

The products subject to recall bear establishment number “P-7221” on the back of the product package. These items were shipped to retail and Department of Defense locations nationwide, for institutional use nationwide and to the U.S. Virgin Islands.

The problem was discovered when FSIS received two consumer complaints of extraneous material in the chicken strip products. FSIS is now aware of six complaints during this time frame involving similar pieces of metal with three alleging oral injury.

Anyone concerned about an injury or illness should contact a healthcare provider.

FSIS is concerned that some product may be in consumers’ freezers. Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers with questions about the recall can contact Tyson Foods Consumer Relations at 1-866-886-8456. Members of the media with questions about the recall can contact Worth Sparkman, Public Relations Manager, Tyson Foods, Inc., at Worth.Sparkman@Tyson.com (479) 290-6358.

Consumers with food safety questions can "Ask Karen," the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

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https://www.fsis.usda.gov/wps/portal/fsis/topics/recalls-and-public-health-alerts/recall-case-archive/archive/2019/recall-034-2019-exp-release

2019-05-04 05:48:16Z
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Jumat, 03 Mei 2019

Warren Buffett admits he was an ’idiot’ for not buying Amazon earlier as Berkshire acquires stake - Financial Post

Warren Buffett has said that he underestimated Amazon.com’s Jeff Bezos. Now one of Buffett’s deputies is willing to put money behind the tech giant.

Berkshire Hathaway has been buying Amazon shares and the purchases will show up in a regulatory filing later this month, Buffett told CNBC in an interview Thursday. Buffett, Berkshire’s chairman and chief executive officer, said “one of the fellows in the office that manage money” made the purchases, a reference to investment managers Todd Combs and Ted Weschler.

Combs and Weschler have gained influence at Berkshire in recent years. Buffett credited some of his conglomerate’s purchases of airline stocks and Apple Inc. to the deputies and noted their involvement in helping Berkshire beyond their stock-picking duties. Buffett, 88, and long-time business partner, Charles Munger, 95, have praised the pair, with Munger saying they give Berkshire “younger eyes.”

The Amazon stake further cements the relationship between Berkshire and Bezos’s company. Berkshire is a partner with Amazon and Wall Street bank JPMorgan Chase in a health venture. The firms are setting up an independent company to offer health-care services to their U.S. employees more transparently and at a lower cost.

Amazon’s stock, up 27 per cent this year at Thursday’s close, climbed 2.1 per cent in pre-market trading in New York Friday. Buffett’s assistant didn’t immediately respond to a message seeking comment.

Buffett said in the CNBC interview that he has been “a fan” of the online retail giant and “an idiot for not buying” shares in the past. He was speaking ahead of Berkshire’s annual shareholders meeting, set for Saturday in Omaha, Nebraska.

Buffett has mostly avoided technology-related stocks over the years, saying he didn’t understand the products and markets well enough. One exception was International Business Machines Corp. His US$10 billion investment in the computer giant in 2011 was a curiosity for Berkshire, and it didn’t end well. After taking losses, Buffett had sold nearly all the IBM stock by 2018.

Then in 2016, Berkshire jumped into Apple and has built his stake in the iPhone maker into a holding valued at more than US$50 billion. Buffett bought Apple and Amazon when they weren’t at their cheapest. Amazon closed Thursday at US$1,900.82 and Apple traded at US$209.15. Still, Berkshire ended 2018 with its Apple investment valued more than the cost of buying the shares.
Bloomberg.com



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May 03, 2019 at 06:50PM

TransCanada shareholders agree to drop ‘Canada’ from the name - Global News

TransCanada Corp. is officially dropping the “Canada” from its name, but CEO Russ Girling isn’t saying he expects it will make it any easier to get pipelines approved in Canada or the United States.The Calgary-based company is now to be called TC Energy Corp., after shareholders approved the change at its annual meeting Friday.Story continues belowRelated

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May 04, 2019 at 03:55AM

Amid backlash, Nova Scotia tells schools athletics authority to reinstate rugby - The Globe and Mail

Friday's small-cap stocks to watch - The Globe and Mail

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

AutoCanada Inc. (ACQ-T) reported revenue was $739.4 million in the first quarter, up 19.2 per cent compared with the first quarter of 2018 and ahead of expectations of $733.9-million. The company generated a net loss attributable to its shareholders of $4.1-million of 15 cents per share versus net income of $4.8-million or 18 cents per share a year earlier.

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Horizon North Logistics Inc. (HNL-T) reported first-quarter revenue of $128.7-million compared to $82.6-million a year earlier and ahead of expectations of $115.5-million. Total profit increased $9.8 million, to $3.7-million, when compared with the $6.1-million loss a year earlier.

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Hudbay Minerals Inc. (HBM-N; HBM-T) and Waterton Waterton Global Resource Management, Inc. announced a settlement agreement related to who will be elected to Hudbay’s board of directors. “Hudbay is pleased to have reached an agreement with Waterton that is in the best interests of shareholders,” said Alan Hibben, chair of Hudbay’s Board. “On behalf of the board, we look forward to welcoming our new directors to the board and thank our departing directors for their valuable service to the company.”

“With the proxy contest behind us, we are pleased that Hudbay will now be able to focus solely on unlocking its significant potential,” said Isser Elishis, chief investment officer of Waterton Global Resource Management, Inc. “We are confident that the refreshed Hudbay Board is well-positioned to add value and deliver long-term value for all shareholders.”

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Martinrea International Inc. (MRE-T) reported sales of $1.02-billion in the first quarter up from $963.9-million. Net earnings came in at $55.3-million or 66 cents per share versus $56-million or 64 cents a year earlier. Analysts were expecting earnings of $1.01-billion and earnings of 67 cents.

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A&W Revenue Royalties Income Fund (AW.UN-T) increased its distribution and reported A&W reported same-store sales growth of 10 per cent for the first quarter of 2019.

Total sales reported by restaurants in the royalty pool were $308.8-million, an increase of 15.4 per cent from sales of $267.7-million in the first quarter of 2017. Net income was $5.7-million versus $6.3-million a year earlier.

The fund is increasing the monthly cash distributions by 4.8 per cent from 14.7 cents per unit to 15.4 cents per unit beginning with the April 2019 distribution.

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Eldorado Gold Corp. (ELD-T) reported that its first-quarter revenues decreased to US$80-million from US$131.9-million in the first quarter of 2018 “as a result of lower sales volumes, and to a lesser extent, a lower average realized gold price of US$1,265 per ounce compared to US$1,333 per ounce in the first quarter of 2018.” The company reported an adjusted net loss of US$17.9-million or 11 cents per share in the quarter, compared to adjusted net earnings of $14-million or 9 cents per share a year earlier. Analysts were expecting revenue of US$112.3-million and a loss of 4 cents per share.

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Enerflex Ltd. (EFX-T) reported revenue of $485-million in the first quarter, an increase from $385.8-million a year earlier and below expectations of $500.5-million. Net income was $17-million or 19 cents per share versus net income of $10.9-million or 12 cents a year earlier.

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Atlantic Power Corp. (ATP-T) reported first-quarter net income of $8.9-million versus $15.9-million a year ago. Project revenue came in at $73-million down from $80-million a year ago, the company stated.

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Pretium Resources Inc. (PVG-N; PVG-T) announced that executive chairman and founding shareholder Robert Quartermain will be retiring from the company on Dec. 31, 2019. “Pretivm’s board of directors has undertaken a succession plan to ensure a smooth transition and will elect a new chair prior to year-end,” the company stated. “It has also initiated a search process to identify a new director.”

The company also reported revenue of $103.1-million in the first quarter compared to revenue of $89.4-million in the first quarter of 2018. Net earnings were $4.2-million or 2 cents per share compared to a net loss of $8.1-million or 4 cents in the first quarter of 2018. Adjusted earnings were $16.5-million compared to $5.8-million in the first quarter of 2018.

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Interfor Corp. (IFP-T) recorded a net loss of $15.3-million or 23 cents per share in the first quarter compared to a profit of $32.7-million or 47 cents per share a year ago. Sales came in $451.2-million versus $527.6-million a year earlier. Analysts were expecting sales of $479.9-million and a loss of 14 cents in the latest quarter.

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Rogers Sugar Inc. (RSI-T) reported revenue of $189.2-million in the quarter ended March 30, which was relatively consistent with the year-earlier quarter. Adjusted EBITDA was $16.6-million down from $22-million a year earlier.

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MORE TO COME



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May 03, 2019 at 04:53PM

Elon Musk said to make US$500B autonomy pitch to investors - BNNBloomberg.ca

Elon Musk described autonomous-driving technology as “transformative” to Tesla Inc. (TSLA.O) in a call aimed at ginning up interest in the electric-car maker’s US$2 billion debt and stock offering, according to two people who dialed in.

The chief executive officer said autonomy is a fundamental driver for Tesla and key to how it could become a “half-trillion dollar market cap company,” said the people, who asked not to be identified because the call wasn’t open to the public. A Tesla spokesman didn’t immediately respond to a request for comment.

The comments build on the case that Musk made during an investor day focused on autonomy last week that Tesla is on the cusp of having 1 million vehicles on the road that will be fully capable of driving themselves. The billionaire plans to put those cars into a shared robotaxi service that the CEO described as being lucrative for both the company and its customers.

Ahead of the call, Tesla filed to raise at least US$2 billion through debt and stock offerings, after a dismal first quarter depleted its cash balance to the lowest level in three years. Goldman Sachs and Citigroup hosted the call for investors at 11 a.m. New York time with Musk and Zachary Kirkhorn, Tesla’s chief financial officer, the people said.

Tesla delivered just 63,000 cars in the first quarter but said in a letter to shareholders last week that it expects to deliver between 90,000 and 100,00 vehicles in the second quarter. Kirkhorn re-affirmed that forecast during the Thursday call, the people said.

Tesla shares climbed 4.3 per cent, their biggest jump since Feb. 27, to close at US$244.10. The stock has dropped 27 per cent this year.



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May 03, 2019 at 04:48AM