Cargill Recalls Ground Beef After E. Coli Reports

Agribusiness and trading giant Cargill recalled 8,500 pounds of ground beef late Friday that may contain E coli.

"The move came after three people, two in Maine and one in New York, were identified as becoming ill from a strain of E. coli," CNN said, citing a government statement. "The USDA says it believes certain BJ's Wholesale Club stores in Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York and Virginia received the products," the news service added.

Cargill is one of the largest companies in the U.S., with annual revenue of $108 billion and net income of $2.6 billion. The recall is small enough, so far, that it is likely to have very little effect on the firm's profit. The Cargill news comes on the heels of the huge recall of more than half a billion eggs that have been infected with salmonella. The series of egg recalls began Aug. 13.

Increase your money and finance knowledge from home

Portfolio Basics

What are stocks? Learn how to start investing.

View Course »

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

Add a Comment

*0 / 3000 Character Maximum

1 Comment

Filter by:
dterraman

but, but, but.....gov man was going to keep it safe, with all his gov man employees and buildings and such, has he failed? why is it always after the fact?

August 29 2010 at 4:33 PM Report abuse rate up rate down Reply