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 © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. 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 Morningstar Inc.
[BRIEFING.COM] The stock market welcomed the new trading week with a mixed session that saw relative strength among large-cap stocks, while high-beta names underperformed. The Dow Jones Industrial Average (+0.3%) and S&P 500 (-0.1%) finished near their flat lines, while the Nasdaq Composite and Russell 2000 both lost 1.1%.
Equities began the day on a cautious note amid continued concerns regarding the strength of the global economy. Over the weekend, China reported its first decline ... More
More Market News
Stocks drift lower and bonds are hit as investors await the Fed. Prepare for higher volatility this week.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'