Unilever United States, Inc. (NYSE: UL), in cooperation with the U.S. Food and Drug Administration (FDA), is conducting a nationwide voluntary recall of all Slim-Fast ready-to-drink (RTD) products in cans, due to the possibility of contamination with Bacillus cereus, a micro-organism, which may cause diarrhea and possibly nausea and/or vomiting. The probability of serious adverse health consequences is remote.
The products are packaged in paperboard cartons and contain four, six or 12 steel cans that are 11 FL OZ (325 mL) each. Individual cans are also sold in certain retail outlets. The recall involves all Slim-Fast RTD products in cans, regardless of flavor, Best-By date, lot code or UPC number. A listing of all RTD recalled products is attached to this press release.
No other Slim-Fast products are affected by this recall. No Slim-Fast powdered shakes, meal bars, or snack bars are affected by this recall.
The recall was initiated after the company conducted quality testing on Slim-Fast RTD products in cans. Out of an abundance of caution, the company is recalling all RTD products in cans that are currently in distribution centers, on-shelf or in back rooms in retail outlets or in consumers’ homes. The company is in the process of identifying and correcting the production issue, and will resume production and shipment of the product when the issue has been addressed and corrected.
Rick’s Cabaret International, Inc. (NASDAQ: RICK) said today it will build a new gentlemen’s club just off the freeway near the busy Dallas-Ft. Worth International Airport.
Mr. Langan said the company will pay $2.4 million for the land on the Airport Freeway (Highway 183) and $2.1 million in a turnkey agreement to have a 10,000-square foot building erected and furnished to Rick’s Cabaret specifications. The acquisition of the land will take place after a certificate of occupancy has been received for the building. The property has already been zoned by the city of Ft. Worth for use by a sexually oriented business.
The company hopes to open its new club in the summer of 2010.
United Airlines (NYSE: UAL) today reported its preliminary consolidated traffic results for November 2009.
The company reported a November consolidated passenger load factor of 80.2 percent. Total consolidated revenue passenger miles (RPMs) increased in November by 1.8 percent on a consolidated capacity decrease of 2.7 percent in available seat miles (ASMs) compared with the same period in 2008.
SWS Group, Inc. (NYSE: SWS) announced today that it priced the public offering of an aggregate of 4,347,827 shares of SWS common stock at a price of $11.50 per share. The Company has granted the underwriters a 30-day option to purchase up to 652,174 additional shares to cover over-allotments, if any.
This offering is expected to close on Wednesday, December 9, 2009, subject to customary closing conditions. The Company intends to use the net proceeds for general corporate purposes and to support continued growth or selective opportunistic acquisitions. BofA Merrill Lynch is acting as the sole book-running manager for the offering. BMO Capital Markets and Southwest Securities, Inc. are acting as co-managers.
Celanese Corporation (NYSE: CE) today announced it has previously signed a memorandum of understanding with its acetate joint venture partner, the China National Tobacco Corporation, to expand flake and tow capacities at its joint venture facility in Nantong, China. Additionally, a feasibility study has been completed by the partners, and the expansion project is currently under review and is awaiting final approval by the appropriate Chinese government agencies.
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