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Stock Market & Financial Investment News

News Breaks
January 24, 2013
06:33 EDTMKCMcCormick sees FY13 EPS $3.15-$3.23, consensus $3.36
Included in this projection is the year-on-year increase in the tax rate and retirement benefit expenses, which are expected to reduce earnings per share 23c and lower the growth rate by 8 percentage points. Excluding these factors, higher sales and CCI cost savings are expected to drive a double-digit underlying increase in EPS for the fiscal year.
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August 13, 2014
16:35 EDTMKCMcCormick initiates voluntary recall of oregano due to possible Salmonella risk
McCormick & Company is initiating a voluntary recall of McCormick Ground Oregano, 0.75 oz bottle, UPC 0-523561-6 with code dates BEST BY AUG 21 16 H and AUG 22 16 H due to possible contamination with Salmonella. This recall does not impact any other McCormick Ground, Whole or Oregano Leaves products. No illnesses have been reported to date in connection with this problem. The potential risk was brought to McCormick's attention by FDA during routine testing. This recall affects 1,032 cases that were shipped of the affected date codes.

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