ABC Money
Home

ConAgra Foods resumes making pot pies


Published :
Wed, 14 Nov 2007 23:18
By : Agencies
Print this Story


AddThis Social Bookmark Button

OMAHA, Neb. (AP) - Food maker ConAgra Foods Inc. said Wednesday it has resumed producing Banquet and private label pot pies, a month after the products were recalled due to salmonella concerns.

The company said shipments to retail customers are expected to begin in December and consumers can expect to see the pies in retail stores by January.

The company recalled all pies produced at its Marshall, Mo., plant Oct. 11 after the products were linked to at least 174 cases of salmonella in 32 states.

ConAgra Foods said initial findings of its own investigation into the contamination indicated that no traces of salmonella were found at the Marshall plant's pot pie production area. But the company also said that based on state findings from finished product testing and confirmed by ConAgra, the specific salmonella strain came from Banquet turkey pot pies produced on July 13 and July 31.

The company said its investigation is continuing. The U.S. Department of Agriculture is also investigating the salmonella contamination.

ConAgra said it expects to incur costs related to the recall of about 4 cents per share that will be recorded in its second quarter.

But for the full 2008 fiscal year, the company said the costs will likely be offset by stronger-than-planned earnings from its trading and merchandising group.

ConAgra shares rose 1 cent to close at $23.44.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




Share on


 You Might Like
ConAgra recalls pot pies
ConAgra asks stores to quit selling pies
+
Critics: ConAgra mishandled recall

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10340.69
-107.24 ( -1.03 %)
NASDAQ
2792.28
22.57 ( 0.81 %)
FTSE 100
5741.15
38.78 ( 0.68 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
STANDARD CHARTERED ( 11:35am )
1559.00
70.00 ( 4.76 %)
WOLSELEY PLC ( 11:35am )
2250.00
70.00 ( 3.20 %)
CARNIVAL ( 11:35am )
2017.00
46.00 ( 2.42 %)
LAND SECURITIES GROUP ( 11:35am )
679.50
36.50 ( 5.63 %)
WHITBREAD ( 11:35am )
1662.99
33.99 ( 2.09 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
3M COMPANY ( 12:34pm )
85.78
0.71 ( 0.83 %)
BOEING CO ( 12:34pm )
75.70
0.64 ( 0.85 %)
JP MORGAN CHASE CO ( 12:34pm )
37.03
0.49 ( 1.33 %)
WAL MART STORES ( 12:34pm )
60.44
0.43 ( 0.72 %)
IBM ( 12:34pm )
181.50
0.43 ( 0.24 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
F5 NETWORKS INC ( 12:11pm )
122.38
13.92 ( 11.80 %)
ICO GLOBAL COMM CL A ( 8:01pm )
99999999.99
9.37 ( 366.02 %)
PRICELINECOM INC ( 12:23pm )
525.40
6.57 ( 1.26 %)
AMAZONCOM INC ( 12:04pm )
195.65
6.21 ( 3.25 %)
MILLICOM INTERNATIONAL CELLULAR SA ( 4:00pm )
110.18
4.82 ( 4.43 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.