When I wrote yesterday about the recall of peanut butter due to salmonella poisoning (which is now considered possibly responsible for five adults' deaths), I worried that the "complex" and "widespread" description of the outbreak by the CDC could mean that, not only was the institutional peanut butter spread to thousands of school and corporate cafeterias, but also, the peanut butter might be in other products. Today's move by Kellogg (NYSE: K) to voluntarily pull Keebler and Austin peanut butter crackers off retailers' shelves says to me that we could have no idea how "complex" and "widespread" this disease might be. Kellogg will be investigating to see if its products include tainted peanut butter.
Kellogg products included in the investigation include peanut butter sandwich crackers, peanut butter and jelly sandwich crackers, cheese and peanut butter sandwich crackers, and peanut butter-chocolate sandwich crackers. Kellogg stock was down about 60 cents on the news, to $42.07 as of 1 p.m.
'Green' moms are calling the move by Kellogg a good one; but, as it's only removing items from shelves and not a recall (and is only one company when it could be many more which are affected by the tainted peanut butter), perhaps it doesn't go far enough. Part of the complication: Austin peanut butter crackers are sold in vending machines and small, independent convenience stores, among other places, making their removal fraught with mechanical and communication problems. And my money says more companies will soon follow suit and pull peanut butter off the market.
Last updated: February 13, 2012: 10:43 AM
Hot Stocks
DailyFinance Headlines
- Retail Stocks Are for Suckers: Why Their Rally Won't Last
- Suddenly, Amazon Doesn't Love Its Moms Anymore
- How State Taxes Put a Bigger Pinch on the Poor
- 4 Money-Etiquette Questions Answered
- Walmart's New Health Food Push: Is It Too Hard to Swallow?
Benzinga Headlines
- Airlines the Latest to Suffer Euro Crisis Blues
- Internet-Hungry Consumers Force Vodafone to Consider a C&W Offer
- Seven Japanese Stocks Up More Than 10% Year to Date
- Does the 2012 Election Really Matter for the Economy?
- Michigan Consumer Sentiment Index Drops
TheFlyOnTheWall.com Headlines
- Diebold FY11 free cash flow exceeded guidance by more than $10M
- Applied Materials March volatility flat into Q1 and sales outlook
- Rumor: Dendreon active on speculation it canceled a conference presentation
- President Obama to discuss FY2013 budget proposal
- Diebold expects the same quarterly seasonality in FY12 as last years'
BioHealth Investor Headlines
- Can Human Genome Really Double Its Stock Price? (HGSI)
- Alimera Implosion Analysis, What Is Next (ALIM, PSDV)
- Implosion Analysis For Targacept… What Lies Ahead? (TRGT, AZN)
- Rare Analyst Calls With Huge Upside in Vical and VIVUS (VICL, VVUS, BMY)
- Top Biotechs With Upside Ahead of Earnings (GILD, AMLN, ARIA, INCY, JAZZ, DNDN, HGSI, ILMN, AMGN, CELG, BIIB, BMRN, LIFE, REGN, AMLN, CBST, ONXX, THRX, VPHM)
WalletPop Headlines
- Retail Stocks Are for Suckers: Why Their Rally Won't Last
- Suddenly, Amazon Doesn't Love Its Moms Anymore
- How State Taxes Put a Bigger Pinch on the Poor
- 4 Money-Etiquette Questions Answered
- Walmart's New Health Food Push: Is It Too Hard to Swallow?
My Portfolios
Track your stocks here!
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
BloggingStocks Partners
More from AOL Money & Finance
- Business News
- Stock Screener
- Stock Quotes
- Stock Charts
- Banking
- Identity Theft
- DJIA
- Debt Management
- Loans
- Auto Loan
- Mortgages
- Taxes
- Retirement
- Insurance
- Small Business
- Earnings
- Tech News
- Tax Forms
- Tax Deductions
- Tax Credit
- Tax Audit
- Tax Advice
- Stock Ticker
- Stock Brokers
- Resume Builder
- Pig Flu
- Online Tax Filing
- Madoff
- Investing For Retirement
- Income Tax
- Historical Stock Prices
- GOOG
- ETF Investing
- Deals
- DailyFinance
- Crude Oil Prices
- Credit Score Calculator
- Common Tax Filing Mistakes
- AMT
BioHealth Investor Headlines
- Can Human Genome Really Double Its Stock Price? (HGSI)
- Alimera Implosion Analysis, What Is Next (ALIM, PSDV)
- Implosion Analysis For Targacept… What Lies Ahead? (TRGT, AZN)
- Rare Analyst Calls With Huge Upside in Vical and VIVUS (VICL, VVUS, BMY)
- Top Biotechs With Upside Ahead of Earnings (GILD, AMLN, ARIA, INCY, JAZZ, DNDN, HGSI, ILMN, AMGN, CELG, BIIB, BMRN, LIFE, REGN, AMLN, CBST, ONXX, THRX, VPHM)
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger


Reader Comments (Page 1 of 1)
1-15-2009 @ 4:01PM
Vic said...
I just posted a comment about this feature at http://news.savvynewsletters.com/shopping/kelloggs-peanut-butter-cracker-recall/, and I think Kelloggs is right on.
Vic
1-15-2009 @ 4:11PM
hsr0601 said...
Are the 5 more salmonella cases in Michigan linked to the peanut butter snacks ?
1-15-2009 @ 9:42PM
Sailingwindward said...
The problem is Kellog, Nestles and all these others are using food products imported from China that are not only substandard but also contaminated, the US food labeling laws allows them to label US because it's packaged here, the only one who suffers is the uninformed US consumer.