2/25/2013 4:02 PM ET|
Ikea's meatballs hit by horse meat scandal
As the furniture giant pulls tainted Swedish meatballs from its shelves, the supplier says shipments to the U.S. aren't affected.
Ikea's meatballs -- served in its cafeterias and sold frozen for customers to take home -- have been pulled into Europe's widening horse meat scandal. Authorities in the Czech Republic said they found horse meat in frozen meatballs labeled as beef and pork, and which had been sold in 13 countries across Europe, reports The Associated Press.
More than 1,600 pounds of Kottbullar meatballs were halted from reaching Ikea's store shelves.However, a spokeswoman told AP that meatballs from the same batch had made it to countries including Britain, Ireland and Italy.
The supplier also shipped meatballs bound for the U.S., but those products weren't affected, the spokeswoman said. The supplier, Familjen Dafgard, said on its Website it was investigating and would receive test results in the next few days, according to Reuters.
"Our global recommendation is to not recall or stop selling meatballs," the Ikea spokeswoman told the AP.
That was undermined by Ikea's Swedish branch announcing on its Facebook page that it would stop selling or serving meatballs in its stores, the AP notes.
Ikea is the latest company to discover horse meat in its ready-made food, with Nestlé (NSRGY) earlier this month pulling pasta dishes after finding equine DNA in some meals. Other affected companies include Wal-Mart (WMT), Burger King (BKW) and Tesco (TESO).
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Economists find that as women grow more self-reliant, marriages become more about wanting commitment than needing it.
- Obamaphone program: Dialing for fraud?
- Lone Signal lets you tweet aliens for a fee
- Russell Brand swings at 'Morning Joe' -- and scores
- 7-Eleven targeted in human smuggling raid
- Why 'Dumb Ways to Die' became a viral hit
- Red Robin ad doesn't go down well with vegetarians
- Pity the millionaire: Mansions in short supply
- Bloomberg's new crusade: Food scraps
- China eyes stockings that shoo away perverts
[BRIEFING.COM] The major averages ended higher across the board as the S&P 500 advanced 0.8%.
Equities climbed steadily since the opening bell as investors prepared for tomorrow's policy decision from the Federal Reserve. Although chatter in recent weeks has included speculation the Fed would look to taper its asset purchases, today's broad gains suggest investors expect mostly reassuring words from Chairman Bernanke at tomorrow's press conference.
All ten sectors ended with ... More
More Market News
Here's a list of ways to profit from the potential move from defensive to cyclical stocks.