New York (February 22nd, 2013) - Nestl (OTC Pink: NSRGY) has to pull some of its products off European shelves after they were found to contain undeclared horse meat.
The company, based in Vevey, Switzerland, said in a statement late Monday that it withdrew some of its beef pasta ready meals from sale after tests conducted two days earlier detected horse DNA. Nestle said it increased its surveillance after reports emerged last month of mislabeled products being sold in Britain.
"Our tests have found traces of horse DNA in two products made from beef supplied by H.J. Schypke," Nestle said in a statement.
Nestlé S.A., together with its subsidiaries, provides nutrition, health, and wellness products worldwide.
Find out more on NSRGY here: http://www.wallstreetreport.net/market-scan/?symbol=NSRGYFindex.com Inc. (OTCQB: FIND) closed in the last traded session at 0.0130, up nearly 91%. It moved up on a volume of 21.37M versus a 30 day average volume of 100,706. The stock is currently at a market capitalization of 1.01M. The stock has a 52 week high of 0.03 and a 52 week low of 0.00.
FINdex.com, Inc. is engaged in developing, publishing, marketing, distributing and direct-selling off-the-shelf consumer and organizational software products for the Windows platform. During the year ended December 31, 2011, the Company's operations consist of those relating to FormTool.com and its related line of products, as well as two language tutorial products. During 2011, the Company sold its flagship QuickVerse product line.
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